SSE News
Here are all todays headlines related to SSE News. If you wish to drill deeper to view past SSE News items, follow the next 20 headlines link at the foot of the page.
15-11-2018
Investors in electricity generator and distributor SSE PLC (LON:SSE) breathed a sigh of relief today as the FTSE 100-listed firm rewarded them with a hike in the interim dividend even though first-hal...
17-10-2018
Optimism carried on in early part of Asian session but couldn’t persist. At the time of writing, China’s Shanghai SSE (LON:SSE) reversed earlier gains and is trading down -0.8%, breaking yesterday’s l...
20-06-2018
SSE: RBC Capital Markets downgrades to sector perform with a target price of 1,350p.
07-06-2018
Scottish energy giant SSE has agreed to pay £1m to the Office of Gas and Electricity Markets' consumer redress fund after providing "inaccurate and misleading information" to pre-payment meter customers in their annual statements.
30-05-2018
SSE blamed rising business costs as it announced a 6.7% increase in energy bills for households on standard rates.
25-05-2018
SSE's profits fell but the energy supplier lifted its full year dividend 3.7% to 94.7p as it prepared for a significant year of transformation in 2018 and set out plans for cash payouts in the years beyond.
08-05-2018
SSE's planned merger with Npower will be subject to an in-depth investigation due by 22 October, the competition regulator said on Tuesday.
26-04-2018
(WebFG News) - SSE's merger with Npower could be up for further scrutiny, it was revealed on Thursday, after the Competition and Markets Authority's initial Phase 1 investigation found that the rivalry between the large energy companies was an "important factor" in how they set tariffs.
06-04-2018
Dixons Carphone's UK & Ireland chief executive, Katie Bickerstaffe, is leaving the company to take up the role of chief executive designate at the new energy supply business recently announced by SSE and Innogy.
29-03-2018
Gas and electricity supplier SSE upped its guidance for adjusted earnings per share on Thursday.
12-03-2018
Shares of E.ON and RWE were catapulted higher by news of a multi-billion pound asset swap aimed at fending off the entry of European rivals into their main market.
12-03-2018
1457: Shares of SSE are lower after the Competition and Markets Authority said it would examine the implications of the asset swap between E.ON and RWE for the already proposed tie-up between npower and SSE.
1449: Commenting on Friday's news of a possible Saudi order for 48 Typhoon jets, in a research note sent to clients analysts at JP Morgan highlight the lack of detail around when the formal contract will be signed.
Assuming a handful of deliveries in 2019 and eight per year between 2020 and 2024, then the broker's estimates for BAE's earnings per share might get a lift of between 2% and 4% in 2019 and 2020, possibly more if weapons were also provided, they said.
In that same note they also point out the hole in the company's delivery schedule for Eurofighters for 2019- 2020.
JP Morgan also draws attention to how BAE's commitment to pay roughly £700m of dividends per year, leaves little left over for investment, M&A or buybacks.
Having said that, just three weeks ago the broker voiced its concern that Saudi would not order any EFs over the coming year.
"BAE is proud of 14 years or rising dividends yet over this timeframe it has significantly underperformed its US defence peers and we wonder whether the commitment to such a large dividend is the right strategy."
1417: Shares in Hikma and Vectura are down due to their earlier confirmation that the US drug regulator had put its foot down about their generic version of an asthma drug.
But there's good, if highly speculative, news from the Telegraph that Germany's Stada has said it is "on the hunt for acquisitions in order to gain access to the UK generic drugs market". CEO Claudio Albrecht said he is weighing up a swoop in the UK market, adding that work on pinpointing an acquisition is already happening.
Looking elsewhere at the papers, there's a bearish write-up about Netflix on the FT, pointing out that the shares are worth 12 times the $12bn its recent annual revenues, 120 times expected profits for 2018,
06-03-2018
UK energy industry regulator Ofgem on Tuesday committed to implement a price cap on domestic bills by the end of the year, subject to legislation being passed this summer.
05-03-2018
Energy industry regulator Ofgem said it was banning gas and electricity suppliers from backbilling consumers for energy used more than 12 months ago.
28-02-2018
UK competition authorities have launched an investigation the proposed merger between the SSE and Npower's retail energy businesses.
26-02-2018
The Competition and Markets Authority has rejected an appeal from energy suppliers SSE and EDF over their request for lower electricity transmission charges.
13-02-2018
An energy price cap should be introduced "urgently" to stop vulnerable customers on variable tariffs being ripped off, a parliamentary committee said on Tuesday.
09-02-2018
SSE has provisionally secured agreements to provide a total of 4,177MW (megawatts) of derated electricity generation capacity from October 2021 to September 2022 in the GB Capacity Market auction, it announced on Friday.
07-02-2018
Ofgem has acted on its pledge to protect almost 1m more households from rising energy prices but the cap on what those customers will pay will increase.
01-02-2018
London's FTSE 100 finished 0.57% lower on Thursday as results from Vodafone and Royal Dutch Shell disappointed.
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