Drax Share News (DRX)

UK shareholder meetings calendar - next 7 days

UK dividends calendar - next 7 days

London close: Stocks manage gains ahead of US payrolls report

(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.

FTSE 250 movers: Media stocks Future and Ascential see shares surge

(Sharecast News) - Future stole the show on Thursday after the media group reported a return to organic revenue growth in its second quarter, largely attributed to robust performances in Go.Compare, B2B sectors, and resilient magazine sales.

IN BRIEF: Drax completes GBP150 million term-loan facility

Drax Group PLC - Yorkshire, England-based electricity company - Completes a new GBP150 million term-loan facility, comprising an initial GBP125 million facility with an optional uncommitted extension of GBP25 million. This facility, along with the undrawn GBP258 million term-loan facility signed in February, will be used to refinance 2025 debt maturities. Says these combined facilities have two tranches maturing in 2027 for EUR135 million and GBP145 million loans, and in 2029 for EUR50 million and GBP80 million loans, with the optional GBP25 million extension. Says the combined facilities have a customary margin referenced over the sterling overnight index average for sterling loans over Euribor for euro loans.

Drax Group signs new £150m loan

(Sharecast News) - Power generation business Drax has signed a new £150m term-loan facility to help refinance its debt.

LONDON BROKER RATINGS: Barclays lifts Segro to 'overweight'

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

Drax inks partnership with Karbon-x for carbon capture and storage

(Alliance News) - Drax Group PLC on Tuesday said it has partnered with Karbon-X for the deployment of bioenergy with carbon capture and storage technology in the US.

LONDON BROKER RATINGS: Citi, Macquarie cut Virgin Money to 'neutral'

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

Jefferies sees more upside at Drax despite recent rally

(Sharecast News) - Jefferies has lifted its target price for Drax from 580p to 600p and reiterated a 'buy' rating after the electricity services group's strong full-year results last month.

London close: Stocks finish positive as US inflation moderates

(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.

LONDON MARKET MIDDAY: Stocks up as investors shake off US PCE nerves

(Alliance News) - Major stocks in Europe were up at midday Thursday, as investors shook off nerves ahead of a key US inflation print.

TOP NEWS: Drax profit skyrockets as cost of sales slashed, revenue up

(Alliance News) - Drax Group PLC on Thursday said it believed to play a long-term role in the UK energy market as it reported significantly higher profit on the back of lower sales costs and higher revenue.

LONDON MARKET OPEN: FTSE 100 gets boost from Haleon and Ocado results

(Alliance News) - Stock prices in London opened mostly higher on Thursday, despite some nerves ahead of a key US inflation reading.

Drax lifts dividend as full-year profits jump

(Sharecast News) - Power generation company Drax posted a surge in full-year profits on Thursday and lifted its dividend, as Britons struggled to pay their energy bills.