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Centrica (CNA) Share News

CORRECT: TOP NEWS: British Gas To Pay GBP5.6 Million After Ofgem Probe

10th Apr 2014 11:28

(An item published at 1134 BST misstated the units in the UK house price item. The correct version follows.) LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Centrica PLC-owned<strong> B Read More

UK WINNERS & LOSERS: M&S, WH Smith Drop Sharply After Early Strength

10th Apr 2014 10:57

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- Resolution, up 1%. The firm said its insurance and pensions provider Friends Life is scrapping active member Read More

TOP NEWS: British Gas To Pay GBP5.6 Million After Ofgem Probe

10th Apr 2014 10:34

LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br />Centrica PLC-owned<strong> British Gas</strong> has been forced to make GBP5.6 million in payments following errors in its switching and renewa Read More

MARKET COMMENT: FTSE 100 Turns Negative After Strong Start

10th Apr 2014 09:56

LONDON (Alliance News) - UK stocks have been unable to hold onto early gains Thursday. Having initially moved higher after being soothed by the understanding that global monetary policy is likely to stay accommodative for some time yet, the FTSE 100 and other major European indices have sli Read More

Centrica's British Gas To Pay GBP5.6 Million After Ofgem Probe

10th Apr 2014 08:24

LONDON (Alliance News) - Centrica PLC-owned British Gas has been forced to make GBP5.6 million in payments following errors in its switching and renewal process. The UK energy regulator Ofgem found that the energy supplier wrongly blocked businesses from switching and failed to give some bu Read More

UK MORNING BRIEFING: M&S Sees Pick Up In Both Food And Clothing

10th Apr 2014 07:48

LONDON (Alliance News) - UK shares have opened higher Thursday, following dovish minutes from the US Federal Reserve Wednesday and ahead of a Bank of England interest rate announcement.<br /><br />British retailer <strong>Marks and Spencer</strong> Group PLC said group sales rose 1.9% in the l Read More

MARKET COMMENT: FTSE 100 Hit By Regulator Moves; Pound Jumps

27th Mar 2014 16:59

LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More

MARKET COMMENT: FTSE 100 Hit By Regulator Moves; Pound Jumps

27th Mar 2014 16:56

LONDON (Alliance News) - The main London stock indices fell on Thursday, hit by regulator intervention in the banking and energy sectors and continued concerns about Ukraine, while the pound rose to a weekly high against the dollar after UK retail sales grew much faster than expected last month.< Read More

UK MIDDAY BRIEFING: Regulators Confirm UK Energy Market Review

27th Mar 2014 13:48

LONDON (Alliance News) - UK regulators have now confirmed they will investigate whether the country's major energy companies are preventing effective competition in the market, a decision that prompted British Gas parent Centrica to warn that the review could delay crucial investments in new i Read More

TOP NEWS: UK Retail Sales Significantly Beat Market Expectations

27th Mar 2014 11:31

LONDON (Alliance News) - The following is a summary of top news stories Thursday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Babcock International</strong> Group PLC said it has agreed to buy helicopter form Avincis Group for GBP920 million from Investindustri Read More

MARKET COMMENT: Strong Data Boost Pound While UK Stocks Slip Again

27th Mar 2014 10:54

LONDON (Alliance News) - UK stock indices are lower Thursday but range-bound as investors keep one eye on developments in Ukraine, while the pound has jumped to a six-day high against the dollar after stronger-than-expected UK retail sales data. Following US President Barack Obama's speech Read More

Ofgem Refers UK Energy Market To Competition And Markets Authority

27th Mar 2014 10:48

LONDON (Alliance News) - UK energy industry regulator Ofgem proposed Thursday an independent investigation into the UK's energy market by the Competition and Markets Authority, asking the CMA to investigate "once and for all" whether there are barriers to effective competition with the "Big Six" Read More

UK MORNING BRIEFING: Babcock Leads FTSE 100 Lower On Rights Issue

27th Mar 2014 08:35

LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.<br /><br /><strong>Babcock International</strong> is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci Read More

UK MIDDAY BRIEFING: RSA Insurance Launches Rights Issue

25th Mar 2014 13:34

LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br Read More

TOP NEWS: UK Consumer Inflation Falls To Four-Year Low

25th Mar 2014 11:21

LONDON (Alliance News) - The following is a summary of top news stories Tuesday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>RSA Insurance</strong> Group PLC launched a GBP773.0 million fully-underwritten, discounted rights issue in order to shore up its balanc Read More

Plexus Receives Purchase Order From Centrica Worth GBP900,000

25th Mar 2014 11:05

LONDON (Alliance News) - Plexus Holdings PLC Tuesday said it has received an additional purchase order from Centrica PLC estimated at the value of roughly GBP900,000. The oil and gas engineering group said the deal is to supply surface wellhead and mudline equipment services for a gas appra Read More

UK BROKER RATINGS: Bernstein Raises SABMiller To Outperform

25th Mar 2014 10:03

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />MACQUARIE STARTS NATIONAL GRID WITH 'UNDERPERFORM' - PRICE TARGET 750 PENCE <br />----------<br />JEFFERIES RAISES PRICE TARGET Read More

Centrica To Acquire Bord Gais Energy's Supply Business In Ireland

25th Mar 2014 08:05

LONDON (Alliance News) - Centrica PLC Tuesday said that, together with Brookfield Renewable Energy Partners LP and iCON Infrastructure Partners II LP, it has agreed to acquire Bord Gais Energy for GBP920 million. The FTSE 250 energy company, which owns British Gas Ltd, said that the transac Read More

MARKET COMMENT: UK Stocks Close Lower On Ukraine, China Fears

24th Mar 2014 17:16

LONDON (Alliance News) - Major European stocks indices, including the UK's FTSE 100, closed firmly in the red Monday as investors shrugged off strong gains in Asia amid intensifying concerns over the health of the Chinese economy and the crisis in Crimea.<br /><br />Tensions in Ukraine continu Read More

TOP NEWS: Dixons And Carphone Warehouse Extend Merger Deadline

24th Mar 2014 11:26

LONDON (Alliance News) - The following is a summary of top news stories Monday.<br />----------<br />C<strong>OMPANIES</strong><br />----------<br />Electronics retailer <strong>Dixons Retail</strong> PLC and mobile phone retailer <strong>Carphone Warehouse</strong> Group PLC said that the Tak Read More

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