XM does not provide services to residents of the United States of America.

XM does not provide services to residents of the United States of America.
D
D

Drax

News

Reuters - 1 week ago

Bakkavor, Drax Group, Greggs

EUROPE RESEARCH ROUNDUP- Bakkavor, Drax Group, Greggs Aug 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bakkavor, Drax Group and Greggs on Monday. HIGHLIGHTS * Bakkavor BAKK.L : HSBC raises target price to 170p from 150p * Drax Group Plc DRX.L : HSBC raises target price to 600p from 500p * Greggs GRG.L : HSBC cuts to hold from buy * Pennon Group PNN.L : Barclays cuts to equal-weight from overweight * United Utilities UU.L : Bar
A
B
B
B
B
B
B
C
C
C
C
C
D
D
E
E
G
H
I
R
S
A
A
A
B
D
E
P
U
Reuters - 2 weeks ago

Jet2, Natwest Group, Unilever

EUROPE RESEARCH ROUNDUP-Jet2, Natwest Group, Unilever July 29 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Jet2, Natwest Group and Unilever, on Monday. HIGHLIGHTS * BAE Systems BAES.L : Citigroup raises to buy from neutral * Drax Group Plc DRX.L : Morgan Stanley raises target price to 670p from 650p * Jet2 Plc JET2.L : HSBC raises target price to 2020p from 1980p * Natwest Group Plc NWG.L : Berenberg raises target price to 415p
A
A
A
A
A
B
B
B
B
B
B
B
C
C
C
D
E
G
I
K
L
R
R
S
U
V
A
A
A
A
B
D
E
S
Reuters - 3 weeks ago

British mid-cap stocks close at over two-year high on earnings optimism

UPDATE 1-British mid-cap stocks close at over two-year high on earnings optimism For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. FTSE 100 up 1.2%, FTSE 250 gains 2.3% US PCE in line with estimates Focus on Fed, BoE decisions next week Updated at 1620 GMT July 26 (Reuters) - British mid-cap stocks rallied to their strongest finish in more than two years on Friday, helped by a slew of upbeat company earnings reports and a rebound on Wall
B
D
J
U
Reuters - 3 weeks ago

UK's Drax hits over 1-year high on sturdy H1 results, buyback

BUZZ-UK's Drax hits over 1-year high on sturdy H1 results, buyback ** Shares of power generator Drax DRX.L up 12.5% at 637.5 pence, its highest level since April 2023 ** Posts 37% growth in H1 pre-tax profits to 463 mln pounds ($595.3 mln) ** Also announces share buyback worth 300 mln pounds ** Sees 2024 adj core profit to be above analysts' consen
D
Reuters - 3 weeks ago

UK Stocks-Factors to watch on July 26

UPDATE 1-UK Stocks-Factors to watch on July 26 Adds new items, updates futures July 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0 .2%. * NATWEST: NatWest's NWG.L first-half pretax operating profit fell by a less-than-expected 16% to 3 billion pounds ($3.86 billion), it said, with margins hit by mortgage market competition and savers shifting deposits to higher-paying products.
D
J
M
S
T
U
Reuters - 3 weeks ago

UK's Drax shares soar on profit rise, share buybacks

UPDATE 2-UK's Drax shares soar on profit rise, share buybacks Updates throughout with CEO comment, share price By Susanna Twidale July 26 (Reuters) - Shares in Drax DRX.L soared 15% on Friday morning after the British power generator posted a 37% rise in first-half profit and announced a 300 million pound ($386 million) share buyback programme. Britain's largest renewable power generator by output has converted four coal-power units to use biomass and operates hydro power projects.
D
Reuters - 3 weeks ago

Drax Announces 300 Mln Stg Share Buyback

BRIEF-Drax Announces 300 Mln Stg Share Buyback July 26 (Reuters) - Drax Group PLC DRX.L : DRAX GROUP PLC: IMPROVED OUTLOOK FOR 2024 AND £300M BUYBACK DRAX GROUP PLC: INTERIM DIVIDEND OF 10.4 P/SHARE (H1 2023: 9.2 P/SHARE) DRAX GROUP PLC: EXPECTED FULL YEAR DIVIDEND UP 12.6% TO 26.0 P/SHARE (2023: 23.1 P/SHARE) DRAX GROUP PLC: FULL YEAR 2024 EXPECTATIONS FOR ADJUSTED.
D
Reuters - 3 weeks ago

British power generator Drax expects annual profit at top-end of market forecast

British power generator Drax expects annual profit at top-end of market forecast July 26 (Reuters) - British power generator Drax DRX.L forecast annual profit to be at the top-end of market expectations after it posted a rise in profit for the first half of the year on Friday on strong demand for renewable energy. The company, which is UK's largest renewable power firm by output, said adjusted core profit for 2024 is expected to be above analysts' consensus of 961 million pounds ($1.24 billion),
D
Reuters - 1 month ago

JPM sees growth for UK utilities with investment boost, regulatory clarity

BUZZ-JPM sees growth for UK utilities with investment boost, regulatory clarity ** Shares in UK utilities .FTUB6510 up 0.5% at 727.3 pence vs FTSE 100 index .FTSE which is flat at 0.03% ** J.P. Morgan predicts continued growth for UK utilities with increase in investment and regulatory clarity ** Predicts rise in National Grid's NG.L and SSE's SSE.
C
D
P
S
N
S
U
U
Reuters - 1 month ago

Labour win spells more regulatory clarity for UK utilities, JPM says

Labour win spells more regulatory clarity for UK utilities, JPM says July 5 (Reuters) - British utilities are expected to benefit from an increase in investment and regulatory clarity after the centre-left Labour Party's victory in the parliamentary election, analysts at JP Morgan said on Friday. The FTSE utilities index .FTUB6510 was up 0.6% by 0921 GMT, with gains led by British Gas owner Centrica CNA.L and power plant operator Drax DRX.L .
C
D
P
S
U
Reuters - 1 month ago

ASMI, EasyJet, Kooth

EUROPE RESEARCH ROUNDUP-ASMI, EasyJet, Kooth July 3 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including ASMI, EasyJet and Kooth, on Wednesday. HIGHLIGHTS * ASMI ASMI.AS : Jefferies raises target price to EUR 880 from EUR 780 * B.P. Marsh & Partners Plc BPM.L : Jefferies raises target price to 625p from 560p * EasyJet EZJ.L : JP Morgan cuts target price to 640p from 670p * Kooth Plc KOO.L : Berenberg initiates coverage with buy rating;
3
A
A
A
A
B
B
C
C
C
D
D
E
E
E
F
K
A
H
A
A
D
Reuters - 2 months ago

UK Stocks-Factors to watch on June 26

UPDATE 1-UK Stocks-Factors to watch on June 26 Adds news items, updates futures June 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.37%. * ASTRAZENECA: China has approved the use of AstraZeneca's blockbuster cancer drug Tagrisso in combination with chemotherapy as a first line of treatment for adults with a type of advanced lung cancer, the company said on Wednesday.
A
D
Reuters - 2 months ago

Drax to sell 90,000 Opus customer meter points to EDF Energy Customers

Drax to sell 90,000 Opus customer meter points to EDF Energy Customers June 26 (Reuters) - Drax Group DRX.L , the UK's largest source of renewable electricity, said on Wednesday it has agreed to sell up to 90,000 small- and medium-sized (SME) customer meter points from its supply business Opus Energy to EDF Energy Customers Ltd. The asset sale for the majority of the Opus customer meter points follows the completion of a strategic review of the Drax's non-core SME energy supply business, the Lon
D
Reuters - 2 months ago

Drax Group Sale Of SME Customer Book

BRIEF-Drax Group Sale Of SME Customer Book June 26 (Reuters) - Drax Group PLC DRX.L : DRAX GROUP PLC - SALE OF SME CUSTOMER BOOK DRAX GROUP PLC: AGREEMENT FOR SALE OF UP TO 90,000 SMALL & MEDIUM-SIZED CUSTOMER METER POINTS FROM OPUS ENERGY GROUP DRAX - REACHED AGREEMENT FOR SALE OF UP TO 90,000 SME CUSTOMER METER POINTS FROM OPUS ENERGY GROUP TO ED
D
Reuters - 3 months ago

British utilities stocks fall sharply as election looms

British utilities stocks fall sharply as election looms May 23 (Reuters) - UK utilities led fallers in early London trading on Thursday after Prime Minister Rishi Sunak called a surprise election in July the previous day, raising concerns over political risk in the sector. Also adding pressure was National Grid NG.L announcing plans to raise about 7 billion pounds ($8.9 billion) through a rights issue.
D
P
N
U
U
Reuters - 3 months ago

British Business - May 15

PRESS DIGEST-British Business - May 15 May 15 (Reuters) - Following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Anglo American AAL.L is considering a stock market flotation of De Beers under plans to break up the miner's sprawling operations and see off a 34 billion pound ($42.83 billion) takeover approach by BHP BHP.AX .
D
T
A

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.