Pennon Share News (PNN)

RBC Capital downgrades Pennon, Severn Trent

(Sharecast News) - RBC Capital Markets downgraded Pennon and Severn Trent on Monday.

TRADING UPDATES: Polarean gets FDA ok; Keywords buys 47 Communications

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

UK dividends calendar - next 7 days

LONDON BROKER RATINGS: SocGen raises Severn Trent to 'buy'

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

LONDON BROKER RATINGS: Berenberg likes Pendragon; HSBC cuts Keywords

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

Ofwat increases ACTS costs allowance in business retail price caps

(Alliance News) - Ofwat on Thursday said it increased the amount of allowed costs to serve, or ACTS, for water companies in its latest set of business retail price caps.

LONDON BROKER RATINGS: Oddo BHF and Deutsche Bank cut easyJet

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

Water companies 'falling short' of expectations - Ofwat

(Sharecast News) - Water companies need to take urgent action to reduce pollution and improve customer service, the regulator warned on Tuesday.

Ofwat slams water cos over dividend payments, poor performance

(Sharecast News) - The UK's water regulator has slammed some of the country's major providers over the size of dividend payments relative to their financial and operational performance.

LONDON MARKET CLOSE: Strong US services reading unnerves investors

(Alliance News) - European equities declined on Tuesday, with a bullish reading of the US services sector at the start of the week knocking investor confidence and possibly muddying the picture for the US Federal Reserve.

JPMorgan downgrades United Utilities

(Sharecast News) - JPMorgan Cazenove downgraded United Utilities on Tuesday as it took a look at the UK water sector.

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

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

LONDON MARKET OPEN: Lower open in Europe as US Fed hike fears return

(Alliance News) - European markets got off to a lacklustre start on Tuesday, as concern about bigger-than-expected interest rate hikes from the US Federal Reserve resurfaced.

LONDON BRIEFING: Ashtead raises annual guidance after strong half

(Alliance News) - Stock prices in London were called to open lower on Tuesday, following a weak New York close, as some strong US data stoked interest rate hike fears.

Pennon half-year profit falls on cost pressure but raises dividend 11%

(Alliance News) - Pennon Group PLC on Wednesday said half-year profit fell sharply despite higher revenue, amid high cost inflation, but it still declared an increased dividend to shareholders.