|Bid||11.35 x 8000|
|Ask||11.70 x 50000|
|Day's Range||10.49 - 10.82|
|52 Week Range||7.33 - 12.48|
|PE Ratio (TTM)||11.31|
|Earnings Date||Feb 16, 2018|
|Forward Dividend & Yield||1.10 (9.33%)|
|1y Target Est||11.13|
** French state-controlled utility EDF's CEO Jean-Bernard Levy tells Ouest France daily that EDF can no longer build new nuclear reactors in France without state support. ** Asked when EDF could build new reactors at home, Levy says "Henceforth, we cannot build new reactors without adequate regulation providing guaranteed income".
The board of French state-owned utility EDF has given final approval for the acquisition of a 75.5 percent stake in Areva NP, the nuclear reactor construction unit of fellow state-owned nuclear group Areva, by year-end, three sources said. One said the board had lifted required guarantees on the successful completion of Areva-designed EPR reactors in Flamanville, France, and Taishan, China, as these reactors should be starting up in the coming year. The source also said that Areva would not, as it had originally wanted, keep a 15 percent stake in its former reactor unit because of European Commission objections.
Press Release 15 December 2017 Confirmation of the EBITDA objective for 2017 Following extensions of reactor outages over the recent weeks, total nuclear output for 2017 will be slightly below ...
Hitachi's Horizon Nuclear Power unit expects to see an outline from Britain's government in the first half of next year on how it will help finance a nuclear project in Wales, the company said on Thursday. Britain is seeking new ways to fund nuclear projects after criticism over a deal awarded to France's EDF to build the first nuclear plant in Britain for 20 years, which could cost consumers 30 billion pounds.
Hitachi's Horizon Nuclear Power unit expects to see an outline from Britain's government in the first half of next year on how it will help finance a nuclear project in Wales, the company said on Thursday. Britain is seeking new ways to fund nuclear projects after criticism over a deal awarded to France's EDF to build the first nuclear plant in Britain for 20 years, which could cost consumers 30 billion pounds ($40 billion).
France faces a decade-long struggle to upgrade its nuclear power plants, but for Natacha Piot, whose firm makes makes metal pipe supports for reactors, there’s little visibility beyond Christmas.
About 20 companies including Unilever, EDF and Iberdrola joined an international alliance of 26 nations on Tuesday pledging to phase out coal to combat global warming. At a climate summit hosted by French President Emmanuel Macron in Paris, new members of the "Powering Past Coal Alliance" agreed that traditional coal power should be phased out by 2030 in rich nations and by 2050 in other parts of the world. The coal phase-out plan, launched last month by about 20 governments, widened on Tuesday to companies also including BT , Engie , Kering, Diageo, Marks & Spencer, Orsted , Storebrand and Virgin Group.
French President Emmanuel Macron plans to award multi-year grants for several U.S.-based scientists to relocate to France, his office said on Monday on the eve of a climate summit hosted by the president to raise finances to counter global warming. Macron unveiled the "Make our Planet Great Again" grants after President Donald Trump in June said he was pulling the United States out of an international accord to reduce greenhouse gas emissions that was brokered in Paris in 2015. Macron repeatedly tried to persuade the U.S. leader to reverse his decision.
Energy firm Eni aims to express an interest in bidding for an Italian bioplastics business in a move that underlines a longer-term desire to hedge its exposure to oil and gas, financial sources said. Eni wants to revive its chemicals, retail and refining businesses to offset volatility in oil prices and regain favour with investors after its shares underperformed those of industry rivals in the past three years, the sources said. The state-controlled major is looking at the Italian assets of bioplastics multinational Mossi Ghisolfi, which has been put under creditor protection, two banking sources said.
Press Release 7 December 2017 Results of the option to receive the 2017 interim dividend in shares On 7 November 2017, the Board of Directors of EDF declared a 2017 interim dividend of €0.15 per ...
5 December 2017 Information regarding the voting rights and shares (Article L.233-8-II of the French Commercial Code and 223-16 of the General Regulations of the "AMF") Listing location: NYSE ...
Shares reacted much more violently than usual to surprises in company results in the latest quarterly reporting season as investors put a laser-like focus on earnings, generously rewarding winners but mercilessly punishing laggards. It's a phenomenon that runs counter to the generally depressed levels of volatility at the stock index level, and presents opportunities for investors in derivatives trading as well as in traditional stock-picking. Stock markets around the world have surged to a succession of record highs this year, but, far from a rising tide lifting all boats, the gap between winners and losers is widening.
The cross-party committee of members of Britain's parliament said the deal could reduce competition and affect consumers as together with Centrica's British Gas, the combined company would control more than half of the UK market. SSE and Innogy said last month they would merge and list their British retail units to better compete with smaller rivals and reap badly-need synergies in a market with thin margins.
Saudi Arabia has invited U.S. firms to take part in developing its civilian nuclear power programme, Energy Minister Khalid al-Falih said on Monday, adding the kingdom was not interested in diverting nuclear technology to military use. Reuters has reported that Westinghouse is in talks with other U.S.-based companies to form a consortium for a multi-billion-dollar project to build two reactors and that those firms are pushing Washington to restart talks with Riyadh on a civil nuclear cooperation pact.
PARIS (Reuters) - Paris financial prosecutor investigators raided the offices of state-owned nuclear group Areva on Tuesday, but the raid was not related to Areva's 2007 acquisition of uranium mine UraMin, ...
Britain's government failed to protect energy consumers when agreeing a deal to build the Hinkley C nuclear power station and should reevaluate the case for investing in more atomic plants, a UK parliamentary committee said on Wednesday. The government is trying to reduce household energy prices and is under pressure from suppliers, who say policy costs are partly responsible for spiralling bills. "Its blinkered determination to agree the Hinkley deal ... means that for years to come energy consumers will face costs running to many times the original estimate," said Meg Hiller, chair of the cross-party Public Accounts Committee, which published a report on the Hinkley deal on Wednesday.
Announcement: Moody's: UK energy prices to decline through 2022 as gas prices, demand falls and cheap imports rise. Global Credit Research- 22 Nov 2017. London, 22 November 2017-- Falling gas prices, low-cost ...
RIYADH/PARIS (Reuters) - Toshiba-owned Westinghouse is in talks with other U.S-based companies to form a consortium to bid in a multi-billion-dollar tender for two nuclear power reactors in Saudi Arabia, three industry sources said. Saudi Arabia, the world's top oil producer, sent a request for information (RFI) to reactor builders worldwide last month in a first step towards opening a formal tender, Reuters has reported. A nuclear newcomer, it wants to use atomic power to generate electricity at home so it can export more crude.
EDF (EDF.PA) said on Tuesday it had been informed about shortcomings found in quality controls on a small number of rods installed at its French nuclear sites. EDF said the discovery was made by nuclear equipment manufacturer Areva on 14 of 2,600,000 rods installed at its reactors across France. "Areva notified the EDF Group of quality control deviations on certain rods used to manufacture fuel assemblies.
PRESS RELEASE 21 September 2017 Quality control deviations on fuel assembly rods: no operating impact on the French nuclear fleet Areva notified the EDF Group of quality control deviations on certain ...
16 November 2017 Information regarding the voting rights and shares (Article L.233-8-II of the French Commercial Code and 223-16 of the General Regulations of the "AMF") Listing location: NYSE ...
PRESS RELEASE 14 novembre 2017 Quarterly Financial Information at 30 September 2017 Sales down slightly Growth in renewable generation Disposal plan execution confirmed Key figures Institutional ...
Press Release 14 November 2017 EDF finalizes the disposal of EDF Polska`s assets to PGE On the 13 th November, 2017, EDF has finalized the disposal of EDF Polska assets (heat and electricity ...
European stocks were dragged lower Monday, with the new trading week getting under way with a warning from French electricity company Electricite de France SA and concerns about Brexit weighing on growth ...