Pennon Group News
Here are all todays headlines related to Pennon Group News. If you wish to drill deeper to view past Pennon Group News items, follow the next 20 headlines link at the foot of the page.
06-04-2018
Investors sought out the safety of electricity and water utilities amid the ongoing volatility in global capital markets as a result of the ongoing trade tensions.
29-03-2018
The chair of a powerful parliamentary committee has asked the water regulator whether it can influence dividends, executive pay and pension scheme funding at UK water companies.
28-03-2018
Defensives were clearly in demand at quarter-end, amid a steady drip lower in technology shares on both sides of the Atlantic.
26-03-2018
Utility company Pennon said it was on track to meet full year expectations but warned that its energy recovery facility in Glasgow would cost £95m more than the original budget figure of £155m.
09-03-2018
Analysts at JP Morgan upgraded their recommendations for Pennon and Severn Trent, arguing that concerns about regulatory risk, rising government bond yields and possible nationalisation by a Labour government had pushed the shares to "unusually low" levels.
28-01-2018
Stronger than expected growth numbers have fuelled expectations that another rise in interest rates is on the way, with City traders now seeing a May rise from the Bank of England as an even-money bet. The economy expanded by 0.5% in the final quarter of 2017, according to official figures last week, faster than economists had forecast. - Sunday Times
26-01-2018
UK water companies are not in a good place, said Goldman Sachs on Friday, seeing Severn Trent, Pennon and United Utilities as likely to face further pressure on returns from the next regulatory review.
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