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Pennon Group Shares News & Articles

Market report: Pennon powers higher on Viridor auction buzz, City Pub Group plunges on profit warning

London’s FTSE 100 advanced 30 points to 7,618 on Monday with European stocks ticking modestly higher following a lacklustre end to last week. Weekend press reports suggesting a growing number of Bank of England policymakers are considering voting for an interest rate cut to try and stimulate the economy put a dent in banks such as Lloyds (LLOY), down 0.9% to 59.8p, and Royal Bank of Scotland ...

Market report: UK stocks make modest gains despite De La Rue's survival warning and Compass drag

UK stock markets opened largely flat in early trade on Tuesday but there is plenty of corporate news to grab the attention of investors, not least banknote printer De La Rue (DLAR) crashing after warning that it may not survive. Shares in the company plunge more than 16% to 146.6pm the worst performer on the FTSE All-Shares, after telling investors that there is a ‘material uncertainty that ...

Market report: Water sector rallies on watchdog approval but BT slides on third quarter growth and cash flow pinch

UK water industry stocks are rallying in early trade on Thursday after the three UK listed firms – Severn Trent (SVT), United Utilities (UU.) and Pennon (PNN) – see their business plans win watchdog approval. That sends sector share prices rallying having removed a hefty unknown for investors, led by the 1.5% rise at United Utilities to 832p, the UK’s largest water company. The ...
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