FTSE 100 closes in red as pound firms but miners add support
Sterling added 0.01% against the Euro to 1.1434, while against the US dollar, it added 0.60% to 1.4232.
Company
Pennon Group PLC
LON:PNN
Pennon is one of the largest environmental infrastructure groups in the UK. At the top end of the FTSE 250, the Group has assets of around £5.7 billion and a workforce of over 4,800 people.
181 stories · page 8 of 10
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Utilities dominate week ahead with updates from Pennon, United Utilities and SSE
The week ahead includes trading updates from Pennon, United Utilities and SSE, along with interims from DFS Furniture and full year results from Moss Bros and AG Barr
UK water stocks Severn Trent and Pennon upgraded by JP Morgan
Severn Trent and Pennon are upgraded to ‘overweight’, though JP Morgan’s price targets were retained at 2,250p and 830p.
FTSE 100 finishes the week on a bright note after US jobs boost
The Footsie perked up after US jobs growth in February was way off the charts
Goldman Sachs cautious on big three UK water stocks, says upcoming regulatory review brings risks to returns
They said: “At the start of a regulatory review cycle, faced with the prospect of rising interest rates and risk from changes in political leadership, we believe that the UK water sector is poorly placed relative to the wider European oppor
FTSE 100 clocks up 50 point gain despite strength of sterling
The dollar's revival did not last long, and although a weak dollar is regarded as being detrimental to the FTSE, the top-shares index still managed a 50 point gain
Investments and investor services
Parallel Media and Physiomics lead small cap market gainers
Some of the biggest risers and fallers in London on Wednesday
Pennon negotiates reset to Greater Manchester waste contract as it reports first half profit growth
Pennon's first half revenue rose 5.6%, boosted by an increase in demand for water and a strong performance from its energy recovery facilities
Investments and investor services
FTSE 100 closes lower as pound firms amid Brexit bill breakthrough
London's blue-chip index closed the day lower but retailers and housebuilders did well, oh, and there was some Brexit news...
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Pennon to reassure despite regulatory buffeting
Trading updates are expected from Pennon, Britvic, LondonMetric, Telford Homes and Brewin Dolphin.
FTSE 100 closes lower at 7,301 as pound eases against US dollar
FTSE 100 closed 9.35 lower at 7,301 and the FTSE 250 added over 49 points at 19,566
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Marks & Spencer's chief needs good news on clothing
Analysts are worried clothing arm is relapsing in spite of vow to fix it by Steve Rowe
Mayan Energy's shares bounce after update on Shoats Creek project in Louisiana
A look at some of the biggest London-listed risers and fallers today
Will Smith & Nephew show a weaker than expected end to 2016?
Smith & Nephew PLC is due to release its final results on Thursday, meanwhile Ashmore Group, Thomas Cook and Tate & Lyle are also in the diary.
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Week ahead: BP and Glaxo to continue trading trends for oil and drug giants
BP could please on Thursday as its recent quarterly updates have proved a little disappointing. GlaxoSmithKline will unveil its numbers Wednesday.
Centrica feeling the heat as Deutsche downgrades
Deutsche repeated its ‘buy’ advice on United Utilities, Severn Trent and Pennon, but turned bearish on Centrica
Pennon to splash out on new facility at Avonmouth
The group is on track to meet management expectations for the full year 2016/17