LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:
Read morePennon Group PLC - Exeter-based water utility company - Chief Executive Susan Davy buys 8,356 shares at GBP7.30 each, worth GBP60,999, in London on Friday.
Read morePennon Group PLC - Exeter-based water utility - The UK Competition & Markets Authority says that on Monday it served an initial enforcement order on Pennon in relation to the FTSE 250 company's agreement to buy Sutton & East Surrey Water PLC, which Pennon announced on Wednesday. Pennon said it agreed to buy Sumisho Osaka Gas Water UK Ltd and related businesses from Sumitomo Corp and Osaka Gas for GBP89 million, with the deal representing an enterprise value including debt of GBP380 million. Sumisho Osaka owns Sutton & East Surrey Water, or SES Water. An initial enforcement order requires the companies to take no irreversible action while the CMA determines whether it will investigate the deal for competition concerns.
Read more(Alliance News) - Pennon Group PLC on Wednesday said it has raised GBP180 million through a fundraise, in connection with its newly announced takeover of Sutton & East Surrey Water PLC.
Read more(Alliance News) - Pennon Group PLC on Wednesday announced a placing and retail offer to raise up to GBP180 million, in connection with its newly announced takeover of Sutton & East Surrey Water PLC.
Read more(Alliance News) - Stock prices in London opened mixed on Wednesday, as investors remained cautious ahead of US inflation data, and rising geopolitical tensions.
Read more(Sharecast News) - Water utility company Pennon is raising up to £180m in an equity capital raise to fund the acquisition of Sumisho Osaka Gas Water UK, the holding company of Sutton and East Surrey Water (SES Water).
Read more(Alliance News) - Stocks are expected to retreat at Wednesday's market open in London, with investors hesitant to take risks ahead of key market catalysts later this week.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:
Read more(Alliance News) - London's FTSE 100 made a tepid start to the day on Thursday, though large-cap peers in Paris and Frankfurt rose, as another inflation reading from the euro area took some sting out of European Central Bank interest rate expectations.
Read more(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by a combination of UK data releases and robust economic growth in the US.
Read more(Alliance News) - European equities were largely higher heading into Wednesday afternoon's US gross domestic product reading, though London's FTSE 100 underperformed as China-exposed shares and international earners declined.
Read more(Alliance News) - Pennon Group PLC on Wednesday said it is focused on reducing its impact on river water quality as it announced a higher dividend despite a dive in profit.
Read more(Alliance News) - Stocks in London are expected to open lower on Wednesday, as investors consider the latest dovish remarks from the US Federal Reserve.
Read more(Sharecast News) - Water utility Pennon Group reported a 5.4% increase in first-half underlying revenue on Wednesday, to £448.6m, driven by inflationary tariff adjustments moderated by regulatory measures to minimise the impact on customer bills.
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