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SSE (SSE) Share News

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

DIRECTOR DEALINGS: SSE Finance Director Acquires Shares

8th Apr 2014 10:19

LONDON (Alliance News) - SSE PLC Tuesday said Finance Director Gregor Alexander acquired 16 shares at a price of GBP14.69 per share Monday as part of an ISA reinvestment. Following this transaction, Alexander now holds 124,117 shares in total. Shares in the power company were trading Read More

DIRECTOR DEALINGS: SSE Executives Buy Shares, Allocated Matching Shares

7th Apr 2014 13:59

LONDON (Alliance News) - SSE PLC said Monday that a group of executives, including Chief Executive Alistair Phillips-Davies, had bought shares in the company at 1,478.19 pence each in the company's share incentive plan, and had been allocated matching shares.<br /><br />The transactions were a 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

DIRECTOR DEALINGS: SSE Executives Acquire Dividend Shares

27th Mar 2014 16:38

LONDON (Alliance News) - SSE PLC Thursday said a group of executives, including Chief Executive Alistair Phillips-Davies, acquired shares at a price of GBP15.065000 per share Wednesday as part of a dividend reinvestment.<br /><br />Details are as follows.<br /><br /> <table class="ak" cells 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

UK WINNERS & LOSERS: Babcock, Tullow Oil Lead Blue-Chip Fallers

27th Mar 2014 13:01

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Old Mutual</strong>, up 0.5%. The group has agreed to sell Skandia Germany and S 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 BROKER RATINGS: Liberum Cuts SSE To Hold From Buy

27th Mar 2014 10:11

LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET TO Read More

MARKET COMMENT: FTSE 100 Pares Early Gains To Close Flat

26th Mar 2014 17:19

LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 ending the day almost perfectly flat, as investors were starved of any fresh UK macroeconomic data.<br /><br />London's major stock indices all opened the session firmly higher as traders were by buoyed by a positive Read More

UPDATE: SSE Plans Asset Sales, Job Cuts And Energy Price Freeze

26th Mar 2014 14:12

LONDON (Alliance News) - SSE PLC Wednesday announced a major asset-disposal plan, cost-cutting initiatives, and a freezing of UK household energy bills ahead of its full-year results next week. The major UK energy supplier said that as part of a new value programme, which is focused on simp Read More

UK MIDDAY BRIEFING: Government Completes 2nd Lloyds Bank Stake Sale

26th Mar 2014 13:40

LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< Read More

UK WINNERS & LOSERS: Standard Life Leads FTSE 100 Risers

26th Mar 2014 11:30

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Standard Life</strong>, up 5.2%. The company has agreed to buy Ignis Asset Mana Read More

TOP NEWS: UK Government Raises GBP4.2 Billion From Lloyds Sale

26th Mar 2014 11:17

LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br />The UK government said it has raised GBP4.2 billion in its sale of a second tranche of <strong>Lloyds Banking</strong> Group Read More

MARKET COMMENT: Life Insurers Lead UK Stocks Higher

26th Mar 2014 10:41

LONDON (Alliance News) - UK and European stocks are pushing higher Wednesday, with life insurers leading the UK gains in the absence of any significant data hurdles and amid improved investor sentiment after Tuesday's bumper reading of US investor sentiment. There continues to be background Read More

SSE Is Set For Asset Disposals, Job Cuts And Energy Price Freeze

26th Mar 2014 08:57

LONDON (Alliance News) - SSE PLC Wednesday announced a major asset-disposal plan, cost-cutting initiatives, and a freezing of UK household energy bills ahead of its full-year results next week. The major UK energy supplier said that as part of its value programme, it is now planning asset a Read More

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