Centrica Share News (CNA)

IN BRIEF: Centrica affirms recently-upgraded yearly outlook

Centrica PLC - Windsor, England-based energy & services company and owner of British Gas - Says performance and outlook unchanged since early-May update. In May, company said it expects annual earnings at the top end of analyst expectations, despite seeing inflationary and supply chain "headwinds". It forecasts its 2022 adjusted earnings per share to be around the top of a 6.7 pence to 10.8p range. At the very least, this would be 63% higher than the 4.1p adjusted basic earnings per share it achieved in 2021. In May, it said it saw a "strong operational performance" in the first four months of 2022 but cautioned on "some supply chain disruption and higher inflation impacting both the cost base and customer demand".

No Jubilee celebration for FTSE 100 dropouts Royal Mail and ITV

June 1 (Reuters) - Royal Mail and broadcaster ITV will lose their spots on Britain's benchmark FTSE 100 equity index after their respective valuations plunged this year.

TOP NEWS: Centrica warms up for FTSE 100 as Royal Mail sent packing

(Alliance News) - FTSE Russell confirmed on Wednesday that the following changes will take effect to its UK indices from the market open on Monday, June 20 after completing its quarterly review.

UK shareholder meetings calendar - next 7 days

Centrica says Spirit Energy asset sale take may rise to USD1.2 billion

(Alliance News) - Centrica PLC on Monday said it has completed the USD1.1 billion sale of Spirit Energy's Norwegian oil and gas assets.

LONDON BROKER RATINGS: Numis cuts Flutter to reduce; RBC lowers DCC

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

LONDON BRIEFING: Sorrell says digital marketing to beat soft economy

(Alliance News) - Advertising firm S4 Capital on Monday said its revenue jumped in the first quarter and was ahead of its guidance to the market.

UK equities record best week since mid-March

May 27 (Reuters) - The FTSE 100 inched higher on Friday, recording its best weekly showing since mid-March, although oil and gas stocks came under renewed pressure after the UK government's windfall tax plan this week.

FTSE 100 rises as banks gain; windfall tax threatens utilities

May 26 (Reuters) - The UK's top share index rose on Thursday on the back of gains in banks, but shares of utilities slumped after Britain announced a 25% windfall tax on oil and gas producers' profits.

LONDON MARKET MIDDAY: Dollar and European stocks rise before Fed

(Alliance News) - Stocks in Europe climbed on Wednesday, with the FTSE 100 leading the way as the pound weakened, while gains for European indices were more muted ahead of the latest US Federal Reserve meeting minutes.

Centrica and Johnson Matthey indicated to join FTSE 100, Asos in 250

(Alliance News) - British Gas-owner Centrica PLC and chemical firm Johnson Matthey PLC are set to return to the FTSE 100 index next month, replacing television broadcaster ITV PLC and postal operator Royal Mail PLC, according to indicative changes released by FTSE Russell on Tuesday.

LONDON BROKER RATINGS: JPMorgan cuts Hikma; Liberum likes Trustpilot

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BRIEFING: M&S warns on cost hit to profit but is well placed

(Alliance News) - Marks & Spencer on Wednesday reported a swing to profit for the year ended April 2, but the clothing, homewares and food retailer cautioned on profit in the year ahead, amid the war in Ukraine and investment plans.

UK stocks hit by global gloom, windfall tax threat for utilities

May 24 (Reuters) - UK's FTSE 100 fell on Tuesday, tracking a sour global mood with energy stocks leading declines and shares of British utilities slumped after a media report fuelled speculation of a windfall tax.

LONDON MARKET CLOSE: Stocks down as windfall tax woe hits energy firms

(Alliance News) - Stocks in London ended lower on Tuesday following weak PMI data, while fears over a potential windfall tax hurt energy companies.