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Pennon (PNN) Share News

UPDATE: Pennon Up As South West Water Business Plan Gets Regulator Thumbs Up

4th Apr 2014 09:44

LONDON (Alliance News) - Pennon Group PLC shares rose Friday after the business plan of its South West Water unit was given 'enhanced' status by the UK water regulator, a key step in getting final clearance for the plan before the regulator sets the prices water companies will be able to charge c Read More

Pennon Up As South West Water Business Plan Gets Regulator Thumbs Up

4th Apr 2014 09:41

LONDON (Alliance News) - Pennon Group PLC shares rose Friday after the business plan of its South West Water unit was given 'enhanced' status by the UK water regulator, a key step in getting final clearance for the plan before the regulator sets the prices water companies will be able to charge c Read More

UK BROKER RATINGS: Jefferies Raises REIT Price Targets

1st Apr 2014 09:11

LONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES INTL AIRLINES GROUP (IAG) PRICE TARGET TO 430 (420) PENCE - 'NEUTRAL' <br />----------<br />BARCLAYS CUTS PRUDEN Read More

DIRECTOR DEALINGS: Pennon Executive Director Acquires Shares

25th Mar 2014 17:43

LONDON (Alliance News) - Pennon PLC Tuesday said Executive Director Colin Drummond acquired 807 shares at 588 pence per share after exercising sharesave options. The company said following this transaction Drummond has less than a 1% stake in the water firm. The stock closed at 750.00 Read More

DIRECTOR DEALINGS: Pennon Executive Director Acquires Shares

20th Mar 2014 16:43

LONDON (Alliance News) - Pennon Group PLC Thursday said Executive Director Christopher Loughlin acquired 16 shares under the company share incentive plan at a price of 773.3100 pence per share. Shares in the water company closed down 1.0% at 761.00 pence Thursday. By Arvind Bhunjun; a Read More

CORRECT: UK MIDDAY BRIEFING: Housebuilders Lead FTSE 350 On More Help-To-Buy

17th Mar 2014 12:49

(Correcting direction of FTSE 250 index.) LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osbor Read More

UK MIDDAY BRIEFING: Housebuilders Lead FTSE 350 On More Help-To-Buy

17th Mar 2014 12:45

LONDON (Alliance News) - Housebuilders lead a surprisingly upbeat UK equities market Monday, occupying six of the top ten spaces in the FTSE 350, buoyed by an extension to the UK government's Help to Buy scheme.<br /><br />Chancellor George Osborne confirmed that the government's flagship Help Read More

Pennon's South West Water Accepts Ofwat's Risk And Reward Guidance

17th Mar 2014 10:16

LONDON (Alliance News) - Pennon Group PLC Monday said its water arm South West Water has accepted Ofwat's risk and reward guidance as part of the next regulatory price review. Earlier this year Ofwat said it will "pre-qualify" water companies that have outstanding business plans for the per Read More

UK BROKER RATINGS: Panmure Cuts Bwin.party; Numis Raises Barclays

13th Mar 2014 10:07

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />GOLDMAN RAISES AB FOODS PRICE TARGET TO 1820 (1750) PENCE - 'SELL' <br />----------<br />GOLDMAN CUTS G4S PRICE TARGET TO 175 Read More

MARKET COMMENT: FTSE 100 Reverses Early Strength To Close Lower

10th Mar 2014 17:20

LONDON (Alliance News) - The FTSE 100 overturned early strength to close lower Monday, as investors digested some weaker-than-expected Chinese trade data released over the weekend, amid a lack of fresh major macro-economic data releases. A report from the Chinese General Administration of C Read More

UK MIDDAY BRIEFING: London's Capital Markets Continue Recovery

10th Mar 2014 14:04

LONDON (Alliance News) - London's capital markets continued a resurgence Monday as two more companies announced that they intend to list, another started trading, and AIM-listed <strong>Fyffes PLC</strong> said it would be acquired by Chiquita Brands International Inc of the US in a deal that Read More

UK WINNERS & LOSERS: Mining Stocks Among The Biggest Fallers

10th Mar 2014 12:07

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS Rolls-Royce Holdings, up 2.9%. The group is the biggest riser on the blue-chip index after it said after the UK equity market Read More

Ofwat Says Pennon-Owned South West Water Qualifies For Fast Track

10th Mar 2014 10:16

LONDON (Alliance News) - UK water regulator Ofwat said South West Water, owned by Pennon Group PLC, has qualified for a fast-track passage through its 2014 price review for the next regulatory period. Earlier this year Ofwat said it will "pre-qualify" water companies that have outstanding b Read More

UK BROKER RATINGS: Deutsche Bank Raises View On Water Sector

5th Mar 2014 10:07

LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />NOMURA RAISES RANDGOLD RESOURCES TO 'BUY' ('NEUTRAL') - PRICE TARGET 6000 (4600) PENCE <br />----------<br />UBS REMOVES INTE Read More

UK MORNING BRIEFING: Standard Chartered Profits Fall, Cuts Bonus Pool

5th Mar 2014 08:31

LONDON (Alliance News) - Shares have opened mostly lower Wednesday with small-caps out-performing large caps, following Tuesday's relief rally from lowered Ukraine tensions.<br /><br /><strong>Standard Chartered</strong> has reported lower 2013 profit and a 15% reduction in its bonus pool, whi Read More

DIRECTOR DEALINGS: Pennon Executive Director Acquires Shares

20th Feb 2014 12:18

LONDON (Alliance News) - Pennon Group PLC Thursday said Executive Director Christopher Loughlin acquired 18 shares under the company share incentive plan at a price of 710.9700 pence per share. Shares in the water company were up 0.4% at 714.12 pence Thursday. By Arvind Bhunjun; arvin Read More

UK MIDDAY BRIEFING: Lloyds Appoints TSB Chairman Ahead Of London Listing

14th Feb 2014 13:06

LONDON (Alliance News) - <strong>Lloyds Banking Group</strong> has appointed Will Samuel, a former Citi investment banker and adviser to one of the UK financial services regulators, as Chairman of TSB Bank, the bank it split out as a separate entity last year and is expected to list this year. Read More

Pennon Says Viridor's Energy-From-Waste Business Looks Promising

14th Feb 2014 08:34

LONDON (Alliance News) - Environmental utility infrastructure company Pennon Group PLC Friday said is struggling waste business Viridor has made "excellent" progress establishing its energy-from-waste business, which it hopes will transform it into a leading player in the UK renewable energy sect Read More

UK MORNING BRIEFING: Shares Mixed; Anglo American Swings To Profit

14th Feb 2014 08:24

LONDON (Alliance News) - Shares have opened mixed in London Friday, with blue-chips lagging mid- and small-caps despite <strong>Anglo American</strong> and <strong>Coca Cola HBC</strong> both reporting swings to profit in 2013. Anglo American is up 1.7% at the open, while Coca Cola HBC is down Read More

MARKET COMMENT: UK Stocks Called Lower Ahead Of Eurozone GDP

14th Feb 2014 07:41

LONDON (Alliance News) - UK equities are set to open slightly lower Friday, as investors shrug off a positive close on Wall Street and look ahead to preliminary fourth quarter Gross Domestic Product estimates for the eurozone at 1000 GMT. US equities closed slightly higher Thursday despite Read More

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