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.
Read moreSSE 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.
Read moreLondon 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.
Read moreMorgan 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.
Read moreLondon 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.
Read moreAdjusted 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.
Read moreEnergy 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.
Read moreInterim 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.
Read moreRBC 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.
Read moreDirector 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.
Read moreSSE 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.
Read moreSSE 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.
Read moreSSE reports strong set of adjusted full-year figures
24th May 2023 07:27
(Sharecast News) - SSE reported a strong set of adjusted figures in its preliminary results on Wednesday, with adjusted operating profit soaring 65% to £2.53bn.
Read moreUK energy firms holding on to £7bn in customer cash - Uswitch
26th Apr 2023 13:37
(Sharecast News) - Energy supply companies have been hammered for stashing almost £7bn of customers' money amid the crippling cost of living crisis.
Read moreSSE appoints Barry O'Regan as new CFO
21st Apr 2023 11:31
(Sharecast News) - SSE said on Friday that it was appointing Barry O'Regan as chief financial officer and as an executive director with effect from 1 December.
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