Drax Share News (DRX)

Citi downgrades Drax to 'sell'

(Sharecast News) - Citi downgraded Drax to 'sell' on Wednesday as it argued the shares have re-rated "unjustifiably" on the hope of further government support - a view the bank does not share before the general election.

Drax wins permission for carbon capture at UK's largest power plant

(Alliance News) - The UK government has approved Drax Group PLC's development application to install carbon capture technology at Britain's biggest power station, giving a new lease of life to the North Yorkshire site which provides a significant chunk of Britain's electricity.

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

LONDON BROKER RATINGS: Berenberg cuts target prices for miners

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

European shares end higher as tech, retail lead rebound; energy shares dip

Airbus gains after FAA grounds some Boeing MAX 9 jets

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LONDON MARKET CLOSE: Stocks mixed as eyes on US inflation data

(Alliance News) - Stock prices in London closed mixed Monday, with oil majors holding down higher gains in the FTSE 100 index.

London close: Stocks manage positive finish after mixed session

(Sharecast News) - London's financial markets experienced a mixed trading day on Monday, with the FTSE 100 and FTSE 250 indices closing in positive territory after spending much of the session in the red.

PRESS: UK to approve Drax power plant carbon capture plan - Telegraph

(Alliance News) - The UK's once "dirtiest" coal-fired power station Drax is set to receive approval for a multibillion-pound net-zero carbon capture plan from the UK government, according to a report from the Telegraph on Monday.

Drax to get approval for net zero carbon capture plan - report

(Sharecast News) - Drax surged on Monday following a report that the UK government is set to approve a multibillion-pound CO2 capture scheme.

LONDON BROKER RATINGS: Berenberg cuts Admiral Group to 'hold' from buy

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

Drax calls UK government CCUS update "important step" towards net zero

(Alliance News) - Drax Group PLC on Wednesday praised the UK government's update on the development of carbon capture utilisation and storage clusters.

LONDON BROKER RATINGS: JPMorgan raises Compass and Marston's

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Drax expects 2023 adjusted earnings to jump, in line with consensus

(Alliance News) - Drax Group PLC on Tuesday generator maintained yearly guidance and talked up its bioenergy with carbon capture and storage offering in Yorkshire.

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

Drax cuts leverage ratio after strong second half

(Sharecast News) - Power station group Drax has scaled back its leverage expectations after a strong performance in the second half, and said it should meet analysts' profit forecasts with its full-year results.