*Domestically focused FTSE mid-cap index sets record high. LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the parliamentary election, giving the party another five years in power. The FTSE 250 mid-cap index finished 2.8 percent stronger after setting an all-time high as the...
*Domestically-focused FTSE mid-cap index sets record high. LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The FTSE 250 mid-cap index rose 2.7 percent to set an all-time high as the election results came...
LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The blue-chip FTSE 100 index rose 1.9 percent to 7,017.35 points by 1104 GMT, within touching distance of the record high of 7,122.74 points reached last month.
*Centrica, SSE shares seen falling if Labour in government. Fears the' Big Six' energy firms will face greater scrutiny and regulation as politicians try to show they are on the side of consumers and not big business have already led some investors to shun stocks like Centrica and SSE. London- listed Centrica and SSE saw 2.7 billion pounds wiped off their combined...
LONDON, April 23- Britain's top equity index pushed higher on Thursday, boosted by a bump-up for utilities stocks just two weeks ahead of the UK's general election. United Utilities rose 1.8 percent, SSE advanced 1.1 percent and National Grid rose 0.6 percent after investment bank Citigroup said the sector would be favoured as a protection against any market...
*FTSE 100 barely changed after retail sales figures. *WPP falls after disappointing Q1 sales. Utilities stocks including United Utilities and SSE were up more than 1 percent after a broker update from Citi said election volatility would affect the sector going forward, adding that National Grid was the most immune in its view.
LONDON, April 14- It's that time of year when the copper industry gathers for CESCO Week in Chile to chew the collective fat on what the future holds. In Chile this week the focus will be firmly on supply, inevitably given the structural problems facing operators in what is still the world's largest copper producing nation. But in truth the present confusion is all...
LONDON, March 6- While UK stocks have broadly shrugged off the looming general election, some investors are shunning a sector that risks becoming a political punch bag. Domestic utilities including Centrica and SSE have fallen since the start of 2015, even as the FTSE 100 index has hit record highs. The opposition Labour Party is campaigning to give the energy...
*To pay dividend of 0.50 euro/ share for 2014, 2015. *Sells Spain, Portugal assets to Macquarie for 2.5 bln euros. FRANKFURT, Dec 1- Germany's top utility E.ON said it would split in two, spinning off power plants to focus on renewable energy and power grids, a dramatic response to industry changes that could trigger similar moves at European peers.
National Grid is surveying soccer fans in a bid to gear up for the surge in energy demand during the World Cup from half-time cups of tea.
Some of the names on the move ahead of the open.
What worked for utility companies during the first hundred years of electricity won't work anymore. Utilities that think they can keep charging at will for electrons will be gone.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Steve Holliday, CEO of National Grid, talks through quarterly earnings, the company's strategy, the dividend raise and explains why the U.K. and E.U. need "interconnection" on energy policies.
With some 2,000 people still without power from Hurricane Sandy, the question for many is whether energy companies along the Northeast are better prepared for Nemo.
"Mad Money" host Jim Cramer makes calls on viewer's favorite stocks: Southern Copper, Oneok and more.
Nov 2- U.S. utilities restored power on Friday to about a million East Coast homes and businesses plunged into darkness by Hurricane Sandy, a slowdown from the past two days, as crews began to work on the hardest-hit areas that may take days to fix.
Nov 2- More than 1.2 million homes and businesses in New York and 1.5 million in New Jersey were still without power on Friday, four days after Hurricane Sandy slammed into the U.S. East Coast, the states' power companies said.
Nov 2- More than 1.3 million homes and businesses in New York and 1.4 million in New Jersey were still without power on Friday, four days after Hurricane Sandy slammed into the U.S. East Coast, the states' power companies said.
Oct 30- U.S. East Coast electric companies report that outages from Hurricane Sandy have hit more than 8.2 million homes and businesses, the U.S. Department of Energy said in a report early on Tuesday.