Advertisement
UK markets open in 7 hours 50 minutes

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • CRUDE OIL

    82.82
    +0.01 (+0.01%)
     

  • GOLD FUTURES

    2,329.90
    -8.50 (-0.36%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,401.20
    -1,698.97 (-3.20%)
     

  • CMC Crypto 200

    1,382.78
    -41.32 (-2.90%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

BUZZ-Drax: Worst day in 8 mths on weak EBITDA, no div update

Reuters - UK Focus

** British power producer's shares slump 6.7 pct, 2nd-top faller on UK's FTSE 250 & 3rd from bottom on Stoxx 600

** Posts 17 pct fall in FY EBITDA to £140 mln (slightly below consensus of £143 mln), hit by weak power prices and the loss of revenue from renewable subsidies

** 2017 EBITDA guidelines in line with consensus; however no update to dividend guidance, to be reviewed in H1

** Some were expecting a new policy (following the CFD approval in Dec (Shanghai: 600875.SS - news) .) and additional clarity on cashflow/earnings, Morgan Stanley (Xetra: 885836 - news) analysts say

** Jefferies sees further challenges this year, with co's leverage set to rise close to 2.0x in 2017, continued high earnings sensitivity to commodity prices coupled with managing the integration of Opus Energy