Broker tips: Water companies, Close Bros, Melrose
5th Nov 2024 12:29
(Sharecast News) - UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat's Final Determinations next month.
Read moreUK water companies rally as Citi, JPM optimistic on outlook
5th Nov 2024 10:31
(Sharecast News) - UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat's Final Determinations next month.
Read moreLondon close: Stocks higher ahead of UK jobs, inflation data
14th Oct 2024 15:06
(Sharecast News) - London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China's weekend stimulus announcement.
Read moreLondon close: Markets rebound from China-fuelled losses
9th Oct 2024 15:42
(Sharecast News) - London stocks rebounded on Wednesday, with both main indices posting gains after sharp declines in the previous session.
Read moreRBC Capital upgrades United Utilities, downgrades Pennon
9th Oct 2024 09:41
(Sharecast News) - RBC Capital Markets upgraded its stance on United Utilities on Wednesday, but downgraded Pennon as it took a look at UK water stocks.
Read moreOfwat tells water firms to improve immediately in damning report
8th Oct 2024 08:46
(Sharecast News) - Ofwat called on the water sector to significantly improve its performance on Tuesday, after companies fell short of key environmental and service targets, costing the industry £157.6m in penalties this year.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreLondon close: Stocks manage gains ahead of Fed minutes
21st Aug 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.
Read moreUnited Utilities, Severn Trent awarded top Environment Agency ratings
23rd Jul 2024 08:25
(Sharecast News) - Listed water companies United Utilities Group and Severn Trent both received top ratings in the Environment Agency's 2023 environmental performance assessment (EPA) on Tuesday, with each company achieving four-star status.
Read moreLondon close: Stocks fall on day of global IT chaos
19th Jul 2024 17:08
(Sharecast News) - London's stock markets closed in the red on Friday, affected by a significant global IT outage and a drop in UK retail sales.
Read moreUnited Utilities affirms financial guidance in trading update
19th Jul 2024 12:27
(Sharecast News) - United Utilities Group reported sustained strong operational performance in an update on Friday, affirming its financial guidance for the 2024-2025 period remained unchanged.
Read moreLondon close: Stocks mixed as UK inflation holds steady
17th Jul 2024 12:28
(Sharecast News) - London stocks ended mixed on Wednesday as the latest inflation data came in slightly higher than anticipated, casting doubt on a potential interest rate cut in August.
Read moreLondon close: Stocks finish mixed on China demand concerns
16th Jul 2024 15:35
(Sharecast News) - London stocks finished with a mixed performance on Tuesday as investors weighed global political and economic risks, with the likes of Rio Tinto and Burberry remaining below the waterline.
Read moreOfwat expands sewage investigation to all wastewater companies in England and Wales
16th Jul 2024 09:47
(Sharecast News) - Ofwat announced on Tuesday that it was expanding its investigation into how water companies manage their wastewater treatment works and networks to include United Utilities and Severn Trent.
Read moreLondon close: Stocks rise as US inflation slows more than expected
11th Jul 2024 15:01
(Sharecast News) - London stocks ended Thursday on a high note, buoyed by favourable economic data from both sides of the Atlantic.
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