Severn Trent saw underlying pre-tax profits drop 5.8 per cent to £141.3 million for the six months to October
Like this page on Facebook for updates
Wednesday 05 August 2009
Home Retail Group was caught up in a market-wide round of profit-taking last night, easing as investors moved to secure recent gains.
Friday 24 July 2009
IMI rallied by almost 10 per cent as the Footsie registered its ninth consecutive session in the black last night.
Friday 24 July 2009
Outlook So, raise a glass of H2O to Ofwat if you're the household bill-payer. The water industry regulator's unexpectedly tough line on the next round of price increases should mean savings for customers of most water suppliers. On the face of it, however, the determination is not such good news for water companies, particularly those with higher levels of gearing, and the market sent the listed utilities into a spin, assuming the worst about their future dividend policies. Logical enough if you think this is a zero-sum game where a victory for customers is a defeat for shareholders.
Monday 20 July 2009
City analysts anticipate news of strong trading when Kingfisher, the retail group behind the B&Q chain, posts a second-quarter pre-close update this Thursday.
Sunday 19 July 2009
Thames Water will be told to reduce its planned price increases when the industry's regulator announces its five-year review this week.
Sunday 05 July 2009
Severn Trent, the Ftse 100 utility, is pushing parliament and the Conservative opposition into a radical rethink over water supply.
Friday 26 June 2009
Tuesday 23 June 2009
Weaker commodities prices, as well as concern about the fate of Xstrata’s stake, left Lonmin more than 8 per cent lighter last night. Xstrata, which this weekend confirmed its interest in a “merger of equals” with Anglo American, owns around 25 per cent of Lonmin, the platinum producer which itself was the subject of an abortive bid from the famously acquisitive Anglo- Swiss miner last year.
Thursday 04 June 2009
Tuesday 26 May 2009
Will Tate & Lyle stick with its dividend on Thursday? The answer to that question is likely to set the mood when the manufacturer of sugar and sweeteners posts its full-year results. The stock has performed well over the past month or so, thanks, in part, to the April pre-close update, which stoked hopes that the payout would be maintained; feeling reassured, investors bought in, shrugging off a negative result in a sucralose patent-infringement case.
Monday 23 March 2009
Legal & General will face intense scrutiny this week, as analysts and investors, both increasingly worried by the prospect of yet more turmoil in the equity markets and the possibility of higher-than-expected corporate bond defaults, focus on the strength of the insurer's capital base.
- 1 Hundreds arrested as Canadian police smash worldwide paedophile ring
- 2 Sherlock series 3: Benedict Cumberbatch and Martin Freeman provide teasers for the biggest comeback in British television
- 3 Why Barcelona chose Everton to educate their latest prodigy
- 4 Mass murder in the Middle East is funded by our friends the Saudis
- 5 Japan cracks down on leaks after scandal of Fukushima nuclear power plant