Centrica appoints chairman-designate from Weir Group
The FTSE 100-energy group said Charles Berry would be appointed initially as a non-executive director before taking over from Rick Haythornthwaite on 21 February 2019
Company
Centrica PLC
LON:CNA
Centrica plc is an integrated energy company operating predominately in United Kingdom and North America. In the United Kingdom, it operates three segments: upstream, downstream and storage.
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FTSE 100 closes in positive territory as US dollar builds on gains
The pound is off 0.52% against the greenback at the time of writing..
West of Shetland discoveries point to new growth for offshore UK
The narrative around the North Sea’s demise is both exaggerated and premature, but, the 'blue sky' very much remains in the West of Shetland region
Centrica boosted as Goldman Sachs double-upgrades the British Gas owner’s rating to 'buy' from 'sell'
Goldman’s analysts noted that Centrica shares have fallen by around 40% over the last two years, weighed down by rising competition and increased political regulatory scrutiny within UK energy supply
EasyJet declines following 'sell' rating
A look at some of the biggest risers and fallers in the London market on Tuesday
FTSE 100 closes marginally lower as stocks look rudderless
The UK pound is off 0.14% against the US dollar, and flat against the Euro at the time of writing
FTSE 100 closes lower after lacklustre day; trade fears weigh
FTSE 100 closed down nearly two points on the day at 7,302
Centrica hires BP's Hookway to head up business supply unit
Hookway joins Centrica's board on December 1, when he will also start his new role
FTSE 100 closes higher with pound volatile, as tobacco stocks fire up on FDA move
The UK blue chip index rose 34 points to 7,308 around 3.40pm
Centrica and SSE shares gain as Ofgem energy price cap removes uncertainty
Ofgem said the planned energy price cap would save 11 million households on default deals about £75 on average
Investments and investor services
FTSE 100 closes lower again as traders flee from risk
The UK blue chip index was about 10 points lower at 7,373, above the session low of 7,357.09 but below the morning peak of 7,397.74
Well-received interim results boost Biome Technologies and Gamma Communications
A look at some of the biggest risers and fallers in London on Monday
SSE “pleased” UK regulator has provisionally cleared planned merger of its energy retail business with Npower
The merger will create Britain's second-largest retail power provider and reduce the ‘Big Six’ dominating the market to five companies as they face political scrutiny over tarriffs
Centrica shares boosted by Citigroup rating upgrade, says utilities “starting to see fundamental value”
The US bank raised its stance on both Centrica and its blue-chip peer United Utilities PLC to ‘buy’ from ‘neutral’, highlighting valuation calls in both stocks
Centrica's British Gas to pay £2.65mln over exit fees and overcharging
Ofcom said British Gas provided 2.5 million customers with incorrect terms and conditions about exit fees
Investments and investor services
FTSE 100 gets hit by sterling surge after Barnier's Brexit comments
Michel Barnier apparently said that the bloc was willing to offer the UK a unique deal
Centrica says British Gas Standard Variable Tariff to rise by 3.8% for existing customers from October 1
The FTSE 100-listed firm said it actively wants its customers to choose alternatives to the SVT - which was withdrawn for all new customers on 31 March
Centrica makes multi-million pound investment in Israeli electric vehicle charging software start-up, media report
Reuters said Israeli company Driivz has developed a cloud-based EV charging operating system that helps power network operators, car manufacturers and utilities manage charging and account billing
Centrica expects to maintain its 2018 dividend, allaying cut fears, as British Gas owner posts slight rise in first-half earnings
The FTSE 100-listed firm saw its underlying earnings (EBITDA) increase by 3% to £1.324bn for the six months to June 30, however, the company's adjusted operating profit fell by 4% year-on-year to £782mln
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BP may have already given a results spoiler, but there will be plenty else to digest on Tuesday
Aside from the oil giant's second-quarter numbers, results are also due from the likes of Centrica, Standard Chartered, Taylor Wimpey, Just Eat, and Greggs