Itm Power Share News (ITM)

ITM Power expects further annual loss on lower interim revenue

(Alliance News) - ITM Power PLC on Tuesday reported a fall in interim revenue and a widened loss due to"increased losses on inventory and customer contracts".

ITM Power sees 1H operating loss widen sharply, announces strategy changes

(Sharecast News) - ITM Power saw its operating losses bloat over the half as it continued to struggle in its transition from a research and development outfit and into a volume manufacturer at scale.

LONDON BRIEFING: Pets at Home raises guidance; IMF cuts UK GDP outlook

(Alliance News) - Stocks in London were set to open lower on Tuesday, following a forecast by the International Monetary Fund warning the UK economy will shrink this year, despite growth elsewhere.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies cuts Berkeley; HSBC cuts St James's

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

RBC slashes target on ITM Power, says capacity expansion and commercial credibility key

(Sharecast News) - Analysts at RBC slashed their target price for shares of ITM Power, the energy storage and clean fuel company, from 500.0p to 260.0p.

LONDON BROKER RATINGS: Bernstein cuts Unilever to 'underperform'

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

FTSE 100 in sight of record high as financial stocks gain

Ocado rises ahead of results

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ITM Power shares down as annual revenue expected to fall

(Alliance News) - ITM Power PLC on Monday said it has become clear that the outcome for the year ending April 30 will be "materially different" from current guidance, with lower revenue and a higher earnings before interest, taxation, depreciation and amortisation loss.

ITM Power warns FY results will be 'materialy different' to current guidance

(Sharecast News) - Energy storage firm ITM Power warned on Monday that its full-year results would now be "materially different" to current guidance, with both lower revenues and a larger underlying loss.

LONDON BRIEFING: FTSE 100 seen flat; Just Eat and Sainsbury's partner

(Alliance News) - With US financial markets closed for a public holiday on Monday and after better-than-expected data for the UK economy on Friday, stocks in London were set to start the week slightly higher.

Germany's HH2E buys hydrogen production capacity from Norway's Nel

BERLIN/FRANKFURT, Jan 6 (Reuters) - German energy firm HH2E will buy 120 megawatts worth of hydrogen production capacity from Norway's Nel ASA, it said, reflecting efforts to ramp up Germany's renewables capacity to compensate for Russian fuel imports and meet climate targets.

ITM Power CEO Cooley steps down, turns to Linde Engineering's Schulz

(Alliance News) - ITM Power PLC said on Thursday that its chief executive officer Graham Cooley resigned with immediate effect, though he is likely to remain as a consultant.

ITM Power delays trading update as CEO departs

(Sharecast News) - ITM Power announced the resignation of Graham Cooley as its chief executive officer on Thursday, with immediate effect.

IN BRIEF: ITM Power appoints Schulz as new CEO after Cooley resigns

ITM Power PLC - Sheffield, England-based energy storage and clean fuel company - Appoints Dennis Schulz as chief executive officer, with effect from December 1.