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Pensioners, Ofcom and rivals snap away at BT
Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
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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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Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
The FTSE 100 closed 150 points, or 2.11% higher, as investors welcomed Macron's result in the first round of France's presidential election
Macquarie also cut its target price for Centrica to 220p and downgraded its 2017 earnings per share estimate by 17%, taking it to 9% below consensus
Parliament is set to indulge in another frenzy of utility company bashing on Thursday
The Swiss bank's analysts have reduced their EPS estimates for Centrica by around 10% for 2017 and 2018, leading to a cut in the target price to 230p from 255p.
Ceres’ unique SteelCell – initially developed by researchers at Imperial College - are the most cost effective, robust and energy efficient fuel cells being developed.
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What's trending? Storm Doris and Whirlpool tumble dryers; banking behemoths Barclays and Lloyds; British American Vaping ... er ... Tobacco; and Deltex.
Centrica flagged up the possibility of increased future dividend payments, but investors were disappointed that the current payout has been left unchanged at 12p a share.
For the year ended December 31, the FTSE 100-listed firm saw its adjusted operating profits rise to £1.515bn, up from £1.459bn in 2015, and above forecasts for £1.47bn.
With around half-an-hour of trading to go in London, the FTSE100 index was almost 20 points lower at 7,282, the day’s worst levels, well below an earlier peak of 7,310.
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The Office for National Statistics said gross domestic product rose by 0.7% in the fourth quarter compared with the previous three months, up from an initial estimate of 0.6%.
Ceres has built up a significant head of steam over the past year with big manufacturers coming on board and trials of its prototype home power systems in the UK.
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88 Energy now sees 1.5bn barrels of conventional oil resources in Alaska, while SDX Energy has snapped up Circle Oil’s Egypt and Morocco assets
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A glance at some of the stories on the Proactive newswire today
The deal will see it supply surface wellhead and mudline equipment services for jack-up exploration wells in the Norwegian sector of the North Sea.
Anti-fracking campaigners said they were devastated by the ruling
The FTSE 100-listed company said it expects to deliver adjusted earnings per share for 2016 of around 16.5p per share, which would still be a fall from 2015’s 17.2p outcome.
FTSE 100 stocks closed higher on Thursday, just shy of the 7000 mark, but the theme of the session was all about weaker sterling in the wake of the US interest rate hike overnight