Pennon Share News (PNN)

London close: Stocks mixed as US GDP growth tops forecasts

(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.

LONDON MARKET MIDDAY: FTSE 100 underperforms ahead of US data

(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.

TOP NEWS: Pennon ups payout as profit falls; focuses on water quality

(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.

LONDON BRIEFING: Hargreaves Lansdown says Dechra's Platt to be chair

(Alliance News) - Stocks in London are expected to open lower on Wednesday, as investors consider the latest dovish remarks from the US Federal Reserve.

Pennon revenue rises, profit slides in first half

(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.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Jefferies raises Tullow Oil to 'hold'

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

LONDON MARKET MIDDAY: European markets uneasy but FTSE 100 outperforms

(Alliance News) - London's FTSE 100 higher was higher around midday, though it was defensive stocks such as utilities and pharmaceuticals which led the charge, suggesting there is still lingering discomfort in markets amid tensions in the Middle East.

LONDON BROKER RATINGS: SocGen cuts HSBC to sell; DB down on utilities

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

LONDON MARKET CLOSE: Europe boosted by bullish open in New York

(Alliance News) - European equities found their groove in afternoon dealings, supported by a decent start in New York, with the lack of an escalation in Middle East tensions enough for investors to buy into equities again.

Jefferies upgrades UK water companies

(Sharecast News) - Jefferies upgraded Severn Trent, United Utilities and Pennon on Monday as it took a look at the UK water sector.

LONDON BROKER RATINGS: Jefferies says 'buy' Pennon, United Utilities

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

LONDON BRIEFING: Hipgnosis pulls interim dividend on lower royalties

(Alliance News) - The FTSE 100 is likely to open higher on Monday, benefitting from higher oil and gas prices, while fears of escalating regional conflict in the Middle East damp risk sentiment elsewhere.

LONDON BROKER RATINGS: Goldman Sachs says 'sell' Asos and boohoo

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

LONDON MARKET CLOSE: Poor start to the fourth quarter for stocks

(Alliance News) - It was a disappointing start to the new quarter on Monday, with stocks in London closing in the red as the higher-for-longer narrative around interest rates continued to weigh on market mood.