Company
LON:SVT
Severn Trent Water is a member of the Severn Trent Group of companies. Severn Trent is an international utility services and environmental solutions company.
191 stories · page 8 of 10
In a note to clients, the bank said the sector has lost a quarter of its value over the last year as it was hit by regulatory and competitive pressures as well as concerns over political risk
Investments and investor services
Investors remain nervous over the prospect of an escalating trade war between the US and China but were somewhat placated by anaemic jobs growth in March in the US, which has made four rate rises this year less likely
Investments and investor services
The Footsie has been in consolidation mode for most of the day
Severn Trent and Pennon are upgraded to ‘overweight’, though JP Morgan’s price targets were retained at 2,250p and 830p.
The Footsie perked up after US jobs growth in February was way off the charts
Since it announced its interims, a £400mln fixed-rate sterling bond with a coupon of 6% has matured and was refinanced in part with a £250mln five-year sterling bond with a coupon of 1.625%
The UK blue chip index closed up 138 at 7,279 - above the day’s peak of 7,255.
Archive
Rio Tinto is expected to carry on returning piles of cash to shareholders but some people think a dividend cut at Glaxo is on the cards
Archive
After November's hike, another UK rate rise is unlikely this month, although some Bank of England MPC members may vote for a rise after a unanimous vote in December
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
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
The FTSE 100 finally gave up and settled in the red, albeit slightly down ahead of BoE's monetary policy decision on Thursday
Investments and investor services
The blue-chip benchmark closed in negative territory as sterling rose
Market was subdued as US markets were closed for Thanksgiving
Archive
The day ahead includes a trading update from British Gas owner Centrica, full year result from pubs operators Mitchells & Butlers PLC, and interims from Mothercare PLC
Liberum reckons Comcast's reported interest in 21st Century Fox could be good news for Sky shareholders ...
The FTSE 100 index finished down around 44 at 7,498, above the session low of 7,475.83, but unable to reach the opening peak of 7.542.73
A glance at some of the bigger risers and fallers today in London ...
Archive
Interim results are due from UK power firm Drax and a trading statement from TalkTalk will likely also garner investor attentions.
The firm said the North American business operates and manages water and wastewater systems, and provides management services to municipalities and local communities
