Advertisement
UK markets open in 2 hours 32 minutes

  • NIKKEI 225

    37,908.31
    +279.83 (+0.74%)
     

  • HANG SENG

    17,626.75
    +342.21 (+1.98%)
     

  • CRUDE OIL

    83.88
    +0.31 (+0.37%)
     

  • GOLD FUTURES

    2,347.40
    +4.90 (+0.21%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • Bitcoin GBP

    51,474.11
    +154.77 (+0.30%)
     

  • CMC Crypto 200

    1,387.00
    +4.43 (+0.32%)
     

  • NASDAQ Composite

    15,611.76
    -100.99 (-0.64%)
     

  • UK FTSE All Share

    4,387.94
    +13.88 (+0.32%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

BUZZ-Pennon Group: falters again near all-time highs

Reuters - UK Focus

Pennon Group (Other OTC: PEGRF - news) among the worst performers on the European mid-cap index as stock takes a tumble from near its life high for the third time in the past year.

** Reports 9 percent rise in full-year pretax profit to 207.3 million pounds ($347.4 million), beating analyst estimates, after tariff increases.

** Hurdle at stock's life high around 797 pence proves tough to cross.

** Company generated 59% of its revenue in 2013 from its waste management business, says will focus on energy-from-waste (EFW) projects.

** Pricing and margins at landfill business. (RM (LSE: RM.L - news) : vikram.subhedar.thomsonreuters.com@reuters.net)