|Bid||1,298.00 x 401200|
|Ask||1,400.00 x 27500|
|Day's Range||1,323.00 - 1,335.50|
|52 Week Range||1,285.00 - 1,570.00|
|PE Ratio (TTM)||9.87|
|Forward Dividend & Yield||1.17 (6.17%)|
|1y Target Est||N/A|
A government plan to cap the most common form of gas and electricity tariffs for millions of British households could come into effect in time for Christmas 2018, regulator Ofgem said on Wednesday. Prime Minister Theresa May said in October she would impose controls to tackle what she called "rip-off energy prices" - home power bills have doubled in Britain over the past decade to an average of about 1,150 pounds a year. Dermot Nolan, Ofgem chief executive, said for the measure to take effect by Christmas it would have to receive royal assent - meaning it officially becomes law - before Britain's lawmakers break for summer recess on July 20.
Aggreko is one of our top dividend-paying companies that can help boost the investment income in your portfolio. These stocks are a safe way to create wealth as their stableRead More...
Does the share price for SSE plc (LSE:SSE) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value using the discounted cash flow (DCF) method. Anyone interested inRead More...
Royal Dutch Shell (RDSa.L) has agreed to buy British household energy and broadband provider First Utility, stepping up competition to the "Big Six" suppliers whose dominance of the market is already under pressure. Shell did not disclose any financial details of a deal which takes it into a new sector of the retail market. First Utility and Shell's joint German subsidiary is also included in the agreement.
German energy company Innogy on Wednesday trimmed its operating profit forecast for 2017, citing a persistently difficult market environment for npower, its ailing British retail energy supply business. Having for years struggled with fierce competition in the local retail market, Innogy last month agreed to merge npower with the British retail unit of SSE, hoping to rid itself of the struggling business in the mid-term. "Unfortunately, the intensity of competition has not eased during the fourth quarter," Chief Financial Officer Bernhard Guenther told journalists during a call, adding that cutting costs was not enough to offset the tough market environment.
Looking at SSE plc’s (LSE:SSE) earnings update in September 2017, analyst consensus outlook appear pessimistic, with profits predicted to drop by -17.27% next year compared with the past 5-year averageRead More...
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.
Regulators typically set customer rates for utilities to ensure investors recover a fair return on capital and allows the businesses keep their systems well maintained. This means utilities companies areRead More...
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.
Today I will take a look at SSE plc’s (LSE:SSE) most recent earnings update (30 September 2017) and compare these latest figures against its performance over the past few years,Read More...
SSE, Pearson, and Aggreko are three of the best paying dividend stocks for creating diversified portfolio income. A sizeable part of portfolio returns can be produced by dividend stocks dueRead More...
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 ...
LONDON (Reuters) - British utility Centrica (CNA.L) is not considering a spin-off of its British retail energy arm, CEO Iain Conn said on Monday. "We believe we can have an attractive energy business ...
The following are the top stories on the business pages of British newspapers. * Prudential Plc is scaling up its ambitions in Asia with plans to open a fund management venture in China and to double in size in the region every few years. * The chief executive designate of GKN, Kevin Cummings, has been ousted from the FTSE 100 company weeks before he was due to take up the top job at the aerospace and engineering firm.
Today we’re going to take a look at the well-established SSE plc (LSE:SSE). The company’s stock maintained its current share price over the past couple of month on the LSE,Read More...
German energy group Innogy (IGY.DE) will at some point pull out of the planned British retail supply joint venture with peer SSE (SSE.L), its chief executive said. Last week, the two groups announced plans to merge and list their British retail units to better compete with smaller rivals and reap badly-need synergies in a market with razor-thin margins. Innogy will hold a 34.4 percent stake in the combined entity, with SSE to own the rest, but Innogy Chief Executive Peter Terium said this structure would not last forever.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to SSE Plc Here are 5 ETFs with the largest exposure to SSE-GB. Comparing the performance and risk of SSE Plc with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
FRANKFURT (Reuters) - German energy group Innogy (IGY.DE) is regularly reviewing strategic options for its assets, its chief financial officer said, responding to a question on whether the group ever discussed ...
German utility Innogy (IGY.DE) cut 480 million euros (£427 million) off the value of its British electricity and gas supply business npower on Monday, warning more impairment charges could come after this month's deal to merge the unit with rival SSE's (SSE.L) bigger retail arm. Power suppliers in Britain have been under pressure from the emergence of small and aggressive rivals as well as being threatened by a price cap on retail prices proposed by Prime Minister Theresa May's government. "For some time now our business in the UK is facing immense competition and regulatory risks.
Categories: Yahoo FinanceGet free summary analysis SSE Plc reports financial results for the half-year ended September 30, 2017. Highlights Summary numbers: Revenues of GBP 12,184.10 million, Net Earnings of GBP 299.80 million. Gross margins widened from 10.78% to 10.80% compared to the same period last year, operating (EBITDA) margins now 6.83% from 7.28%. Change in operating cash ... Read more (Read more...)
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for SSE Plc. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
The U.K.’s biggest energy providers, under pressure from Prime Minister Theresa May’s plan to cap prices, may see more mergers if the competition watchdog authorizes SSE Plc and Innogy SE’s plan for a ...