London close: Stocks mixed as investors watch Middle East newsflow
19th Apr 2024 16:56
(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.
Read moreDirectors dealings: United Utilities director picks up some shares
2nd Apr 2024 16:51
(Sharecast News) - United Utilities non-executive director Michael Lewis and his spouse bought a large amount of shares in the water group just before the Easter break.
Read moreLondon close: Stocks rise as UK inflation holds steady
14th Feb 2024 15:23
(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.
Read moreUnited Utilities maintains guidance despite weather effects
14th Feb 2024 07:21
(Sharecast News) - United Utilities reported no significant changes to its financial guidance for the 2024 financial year in an update on Wednesday, despite weather-related challenges.
Read moreUnited Utilities profits fall in first half as costs rise
16th Nov 2023 07:57
(Sharecast News) - North West-focused water group United Utilities recorded a 7% drop in interim operating profits despite benefitting from higher customer bills, as costs increased.
Read moreJefferies upgrades UK water companies
16th Oct 2023 13:50
(Sharecast News) - Jefferies upgraded Severn Trent, United Utilities and Pennon on Monday as it took a look at the UK water sector.
Read moreUnited Utilities takes wraps off £13.7bn spending plan
2nd Oct 2023 07:23
(Sharecast News) - United Utilities unveiled its business plan for the 2025 to 2030 period on Monday, committing to a total spend of £13.7bn.
Read moreUnited Utilities fined £0.88m after taking 22bn litres from aquifer
16th Aug 2023 13:58
(Sharecast News) - United Utilities has been fined £800,000 by Britain's Environment Agency after illegally abstracting 22bn litres of water from a vital aquifer in Lancashire and causing damage that "will take years to receover".
Read moreUnited Utilities revenue, profit falls in line with guidance
25th May 2023 07:39
(Sharecast News) - United Utilities reported a 2% decrease in revenue in its final results on Thursday, to £1.82bn, in line with its guidance.
Read moreSunday newspaper round-up: The Restaurant Group, Severn Trent, Facebook
21st May 2023 14:45
(Sharecast News) - The Restaurant Group, owner of the Wagamama chain, is under increasing pressure to break up after TMR Capital proposed last week to management that it sell all its brands save that one. TMR was the fourth activist shareholder to make the case for change. Under the plans presented by TMR, Restaurant group should then focus on expanding the chain before going private via a sale. The clash on strategy comes amid a surge in the cost of ingredients, energy and salaries. - The Sunday Telegraph
Read moreUnited Utilities FY revenues seen lower
28th Mar 2023 08:56
(Sharecast News) - Water supply company United Utilities warned on Tuesday that 2022-23 full-year revenues were now expected to be roughly 1% lower than previous guidance.
Read moreWater companies 'falling short' of expectations - Ofwat
13th Dec 2022 08:57
(Sharecast News) - Water companies need to take urgent action to reduce pollution and improve customer service, the regulator warned on Tuesday.
Read moreOfwat slams water cos over dividend payments, poor performance
8th Dec 2022 11:04
(Sharecast News) - The UK's water regulator has slammed some of the country's major providers over the size of dividend payments relative to their financial and operational performance.
Read moreJPMorgan downgrades United Utilities
6th Dec 2022 13:37
(Sharecast News) - JPMorgan Cazenove downgraded United Utilities on Tuesday as it took a look at the UK water sector.
Read moreInflation and dry weather hit profits at United Utilities
23rd Nov 2022 07:04
(Sharecast News) - United Utilities reported a dip in half-year earnings on Wednesday, hit by surging inflation and the long dry summer.
Read more