Pennon Share News (PNN)

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.

LONDON BROKER RATINGS: Upgrades for Capita and Anglo Pacific

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

LONDON BROKER RATINGS: JPMorgan downgrades Deliveroo to underweight

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

LONDON BRIEFING: Euromoney confirms private equity takeover approach

(Alliance News) - Euromoney Institutional Investor early Monday confirmed a weekend report by the Daily Mail newspaper that two private equity firms are considering a bid for the FTSE 250-listed business information publisher and events organiser.

LONDON BROKER RATINGS: Barclays raises John Wood and cuts Hunting

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

British midcaps fall amid inflation concerns, Unilever lifts FTSE 100

May 31 (Reuters) - London's FTSE 250 index fell on Tuesday and marked a second straight month of losses on concerns a worsening cost-of-living crisis would hurt economic growth, while shares of airlines fell as oil prices climbed.

LONDON MARKET MIDDAY: Eurozone inflation puts stocks on continent down

(Alliance News) - The FTSE 100 struggled to maintain its opening gain at midday on Tuesday, while investor sentiment in Europe took a bashing from another hot inflation reading.

Pennon with lower annual profit despite higher revenue; inflation hits

(Alliance News) - Pennon Group PLC on Tuesday posted a lower annual profit despite growing revenue as high interests and inflating power costs impacted the Exeter-based water utility firm.

LONDON MARKET PRE-OPEN: B&M taps CFO for CEO; GSK expands in vaccines

(Alliance News) - Stocks in London were called flat on Tuesday with a mixed session in Asia unable to inspire, as investors await an inflation reading due from the eurozone.

Pennon full year in line as profits dip

(Sharecast News) - Water utility Pennon said on Tuesday that its full-year performance was in line with management expectations, with a "strong" contribution from Bristol Water, as it reported a dip in profits.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: Morgan Stanley cuts WPP to 'underweight'

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

LONDON BROKER RATINGS: Deutsche Bank cuts National Grid and M&S

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