Archive
Day ahead: Debenhams, Unilever and Sky results in focus
Debenhams, Unilever and Sky are set to take centre stage with their latest results on Thursday
Company
Drax Group
LON:DRX
Drax Group is the owner and operator of Drax Power Station, the largest, cleanest and most efficient coal-fired power station in the UK.
228 stories · page 10 of 12
Archive
Primark to keep the ball rolling nicely at Associated British Foods
Week ahead; Associated British Foods , Sky , Unilever Burberry, Reckitt Benckiser...
Investments and investor services
FTSE 100 closes 21 points down ahead of Easter weekend
Yesterday the FTSE 100 briefly rose above 7,400 ... today, a sub-7,300 level beckons
Archive
Day ahead: Ten Entertainment float could score a strike; Hays to update
The UK's second largest ten-pin bowling operator, Ten Entertainment will have an initial market cap of £107.25mln when conditional trading starts in London
Archive
Week ahead: Recruiters to provide Brexit insight while Tesco delivers finals
Week ahead: Tesco, Pagegroup, Hays, JD Sports, WH Smith ...
Drax to buy two distressed US pellet plants as it expands operations
The power station owner is looking to buy two pellet plants in the US as part of plans to expand its operations
Deutsche Bank reiterates 'hold' on Drax after full year results
Deutsche Bank has recommended a 'hold' rating on Drax after the power company reported "slightly disappointing" full year results.
Drax's full year earnings hurt by challenging commodity markets
The owner of the UK’s largest power station said underlying earnings (EBITDA) fell to £140mln in the year to 31 December 2016, in line with guidance
Archive
Week ahead: Shire continues pharma newsflow; Rolls-Royce results also key
Shire will complete the fourth-quarter results announcements from the FTSE 100-listed pharma giants following numbers from Astra and Glaxo
Drax Group finally gets European Commission approval for key subsidy contract
The contract for difference (CfD) deal was due to be awarded earlier on in the year, but was delayed after the EC launched a probe over concerns that it may be too generous.
Sierra Rutile on the up as Iluka deal edges closer
Iluka had threatened to walk away from the proposed takeover only last week
Drax continues diversification with acquisition of business energy supplier Opus Energy
Drax is paying £340mln for Opus, the UK's sixth biggest business energy provider, which supplies electricity and gas to more than 260,000 UK locations.
Investments and investor services
FTSE 100 stocks end near session highs thanks to banks
FTSE 100 shares closed near their highest point of the session on Tuesday, but no thanks to spread-betting stocks after the UK’s top regulator proposed stricter rules for the sector
Drax likely to get European subsidy approval before end of year
Barclays analysts said: “We believe approval by end 2016 remains most likely”
Broker sees Centrica losing its spark
Jefferies cut Centrica and power station operator Drax to ‘underperform’
Investments and investor services
Bullish Cantor sees over 200% upside for Parkmead Group Plc
Parkmead, Drax Group, Ladbrokes, and AG Barr feature in Friday's Broker Spotlight.
GAME downgraded as UK sales continue to concern
Liberum has put its recommendation and price target under review following GAME’s pre-close trading update.
Archive
Brokers: Centrica in favour with Credit Suisse
In a market where everyone is panicking about house prices and property funds, online house-seller Rightmove remained a source of tranquillity.
Investments and investor services
FTSE 100 Index edges higher as pound falls
The price of a barrel of Brent crude fell 0.449% to US$44.52
Premier Oil in favour with Liberum after ‘strong’ production update
Premier Oil, Hunting, Antofagasta, Daily Mail & General Trust, and Drax are in the broker spotlight on Monday.