London close: Stocks finish firmer ahead of Easter break

28th Mar 2024 16:08

(Sharecast News) - London's equity markets closed higher on Thursday ahead of the Easter break, despite lingering concerns over the UK's recessionary status in the latter part of last year.

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SSE narrows full-year EPS guidance

27th Mar 2024 09:39

(Sharecast News) - SSE said on Wednesday that it was narrowing its guidance for full-year 2023/24 adjusted earnings per share, partly to reflect improved renewables output.

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London close: Stocks manage gains on globally quiet day

19th Feb 2024 15:59

(Sharecast News) - London's financial markets finished in positive territory on Monday, with stocks closing in the green after overcoming minor losses earlier in the session.

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London close: Stocks slip as US jobless claims fall

8th Feb 2024 14:42

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

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SSE reaffirms guidance despite challenges in renewables

8th Feb 2024 07:23

(Sharecast News) - SSE reaffirmed its adjusted earnings per share guidance for 2024 on Thursday, aiming for more than 150p despite facing a series of challenges in its renewables output.

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London close: Stocks mixed ahead of central bank meetings

11th Dec 2023 15:38

(Sharecast News) - London's stock markets closed with mixed results on Monday as miners faced pressure following disappointing Chinese economic data.

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Morgan Stanley upbeat for utilities in 2024

11th Dec 2023 11:02

(Sharecast News) - Morgan Stanley has reiterated its 'overweight' recommendations for SSE and Severn Trent, on expectations European utilities will outperform in 2024.

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London close: Stocks maintain gains on cooler inflation reading

15th Nov 2023 14:21

(Sharecast News) - London markets closed positively on Wednesday after a larger-than-anticipated decline in UK inflation sparked optimism about potential interest rate cuts.

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Adjusted first-half earnings top forecasts for SSE

15th Nov 2023 07:18

(Sharecast News) - SSE reported first-half adjusted earnings per share of 37p on Wednesday, surpassing pre-close guidance, thanks to improved operational efficiency and a lower anticipated effective tax rate for the full year.

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Energy firms fined £10.8m for missing smart meter targets

9th Nov 2023 07:18

(Sharecast News) - Energy suppliers including British Gas and Ovo have been fined nearly £11m for failing to meet smart meter installation targets.

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Interim earnings set to fall at SSE

4th Oct 2023 10:44

(Sharecast News) - SSE said on Wednesday that it expected interim earnings to fall, after renewables output was hit by adverse weather.

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RBC picks National Grid and SSE as top utility stocks

23rd Aug 2023 10:13

(Sharecast News) - RBC has cut its target prices for a host of UK utility stocks, but highlighted networks National Grid and SSE as its top picks in the sector.

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Director dealings: Mind Gym founder invests, SSE board member sells down

24th Jul 2023 10:34

(Sharecast News) - Mind Gym was at the top of the list of director buys on Monday afternoon, after its co-founder and president picked up almost 0.83 million shares.

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SSE reiterates full-year earnings target

20th Jul 2023 07:02

(Sharecast News) - SSE reiterated its full-year earnings guidance on Thursday, despite dry, still weather hitting renewables output.

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SSE fined £10m by Ofgem for overcharging

6th Jun 2023 10:15

(Sharecast News) - SSE has been fined nearly £10m by the regulator for overcharging National Grid, in breach of its licence.

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