Hints and tips:
...BUY: Renew Holdings (RNWH) Operating profit is up 18 per cent on the back of strong organic growth, writes Michael Fahy....
...Parker is chair of Laing O’Rourke, the construction and engineering group, and has also chaired, among others, Anglo American, the National Grid and Pennon, the water company, and was chief executive of...
...The three water companies that have already been fast-tracked for producing adequate plans are the market listed United Utilities, Severn Trent and South West Water, which is a subsidiary of Pennon Group...
...But the three listed companies — Severn Trent, Pennon and United Utilities — have a market capitalisation of about £13.5bn....
...Michael Mackenzie has more on why concerns remain that the tariff dispute will escalate in Long View: Risk of more political shenanigans keeps investors on edge....
...The agency’s report reviewed how well the big nine water companies in England managed their impact on the environment in 2017, and it picked out South West Water, owned by Pennon group, as the worst for...
...Michael Gove, the environment secretary, in March attacked the industry’s high rewards for executives....
...The environment secretary Michael Gove also hit out in January at water companies for their “opaque financial structures”....
...Michael Spencer’s NEX , the trading technology group, gained amid speculation about a formal offer from CME....
...Ian McAulay bought into Pennon Group for the first time on Monday after a 6 per cent fall in the utility provider’s share price this year....
...Pennon shares, up 11 per cent on the year, slipped 3 per cent to 761p on Tuesday....
...Shares in Pennon closed up 1 per cent, at 644.5p, on Thursday, leaving them up by nearly a tenth on the year....
...Earnings Dollar General Q1 $0.73 ($0.71) Pennon Group FY 39.94p (42.30p) Trading and sales updates Ford Motor Pennon Group Wolseley Shareholder meetings Citic Pacific Hermès International Oxford...
...Mr Hobbs welcomed guidance from South West Water, part of London-listed Pennon Group, of real price falls for the rest of the decade....
...Pennon shares closed 0.5p down at 704p on Thursday....
...Mid-cap water stock Pennon Group was 6 per cent higher at 705p....
...The company, owned by Pennon, already plans to close all but three of its remaining 21 landfill sites by 2020 in response to the escalating tax and its own attempts to develop alternatives to landfill for...
...Severn Trent’s average cost of debt was 6.4 per cent, according to its last annual report, compared with 5.5 per cent for listed peers United Utilities and 3.96 per cent for Pennon’s South West Water....
...Shares in Pennon Group, owner of South West Water and the UK’s only other remaining listed water group of scale, rose 4 per cent to 695p....
...aware of calls from the industry’s regulator that the sector should he looking at ways of sharing the unexpected gains of inflation-proofed price increases and low borrowing costs with customers, writes Michael...
...Recruiter Michael Page lost 0.6 per cent to 363p on its third cut to earnings guidance in three months....
...Pennon dropped 6.2 per cent to 628.5p after saying that recycling revenue in the first half would be sharply lower against last year....
...All of the UK’s remaining three listed water suppliers – Severn Trent, United Utilities and South West Water – part of Pennon Group – were able to report that they had met leakage targets and avoided hosepipe...
...United Utilities will on Thursday kick off a mini-season of annual results at the UK’s remaining listed water companies, with Severn Trent and Pennon following suit with annual figures that are likely to...
...Pennon , the water utility, was 3.1 per cent softer at 730p. AstraZeneca , the drugmaker, faced pressure from news of the failure in clinical trials of CytoFab, a potential treatment for sepsis....
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