Pennon Share News (PNN)

Pennon Group trades in line during H1

(Sharecast News) - Water services company Pennon Group said on Friday that first-half trading was in line with expectations given the current "volatile" macroeconomic environment.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: HSBC cuts Ocado to 'reduce' from 'hold'

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

LONDON BRIEFING: Haleon reports double-digit revenue growth

(Alliance News) - Stocks in London are set to open higher on Tuesday, as markets in London return to action following a bank holiday for the state funeral of Queen Elizabeth II.

LONDON BROKER RATINGS: Stifel downgrades IAG, easyJet and Ryanair

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

UK shareholder meetings calendar - next 7 days

UK dividends calendar - next 7 days

LONDON MARKET CLOSE: FTSE 100 extends gains with oil prices buoyant

(Alliance News) - Oil majors helped propel the FTSE 100 higher on Tuesday on news that China has eased some Covid entry restrictions.

UK's South West Water added to wastewater investigation

June 28 (Reuters) - Britain's South West Water is under investigation over possible violations involving its wastewater treatment works, regulator Ofwat said on Tuesday, sending shares in parent company Pennon down 6%.

LONDON MARKET MIDDAY: Stocks rise as ECB pledges to control inflation

(Alliance News) - Stock prices in London were higher at midday on Tuesday as the European Central Bank said it would "go as far as necessary" to control inflation, while Nike shares fell in New York on a downbeat outlook.

JPMorgan downgrades Severn Trent as it turns cautious on water sector

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

LONDON BROKER RATINGS: JPMorgan cuts Severn Trent, neutral on abrdn

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

LONDON MARKET OPEN: Oil companies rise; Pennon slides on Ofwat probe

(Alliance News) - Stock prices in London opened higher on Tuesday with oil producers giving the FTSE 100 a boost, while in the FTSE 250 Pennon fell sharply after the UK water regulator opened a case against the company.

TOP NEWS: Pennon's South West Water investigated by UK water regulator

(Alliance News) - Pennon Group PLC's South West Water business became the latest to be targeted in the UK Water Services Regulation Authority's investigation into the environmental performance of water companies.

Pennon sinks as Ofwat launches probe into South West Water

(Sharecast News) - Pennon shares sank on Tuesday after it said that water regulator Ofwat will be including South West Water in its investigation into how water and wastewater companies manage their wastewater treatment works.