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Severn Trent plc

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Divis hit as water giants are hung out to dry in Ofwat price review

23.11.09
Water giants Severn Trent and United Utilities are set to be hit so hard by this week’s Ofwat price review that they will have to slash their dividends by a fifth... more

Battered buck fires demand for miners as prices surge

23.11.09
Fresh weakness in the dollar gave a further boost to commodity prices which, in turn, brought in the buyers for mining shares... more

Ofwat pricing proposals point to hard times for water firms

18.11.09
Given all the rain that has fallen during the past few days, it seems strange that shareholders of the main water utilities are bracing themselves for something of a drought as far as their fortunes are concerned in the years ahead ... more

A reheated tale from Russia fires up shares in Centrica

18.11.09
... more

Utilities spark into life on talk that Warren Buffett has sights on buys

12.11.09
As billionaires go, Warren Buffett is worth a bob or two. That’s probably why shares of his publicly listed vehicle Berkshire Hathaway are changing hands on Wall Street at more than $100,000 apiece ... more

Cazenove advising investors to splash out on ‘oversold’ water firms

13.10.09
During periods of economic upheaval utility companies are usually viewed by stock market investors as something of a safe haven, supplying increased profitability and regular dividends ... more

Travis Perkins finding it tough

30.09.09
Builders merchant and DIY chain Wickes owner Travis Perkins traded better than expected in the past three months but not by enough for it to send City analysts scurrying to upgrade their forecasts ... more

Hopes rising for property sector as Land Securities pays off debts early

22.09.09
There were hopes the long-suffering property sector could be on the path to recovery when Land Securities paid back its debts ahead of plan... more

Marks & Spencer shares rally after brokers show support

03.09.09
Shares in the UK’s best-known retailer Marks & Spencer were heading back towards their high for the year today with the help of another broker’s recommendation ... more

Leading shares rally after Mervyn King’s recessionary words

12.08.09
Leading shares rallied from opening falls after the Governor of the Bank of England, Mervyn King, moved to reassure stock market investors that cheap money would be swilling around the economy for sometime to come... more

Investors alerted that water companies are to cut divis

04.08.09
Goldman Sachs is the latest broker to warn of future dividend cuts following publication of the water industry regulator Ofwat’s draft tariff proposal for the next five years ... more

Citigroup warns cash may dry up at United Utilities

28.07.09
Falling water bills may be good news for householders, but they may turn out to be extremely expensive for some stock-market investors ... more

Footsie ploughs on upward — but how long can it last?

24.07.09
London’s leading shares resumed their unusual summer rally after an early-morning wobble today, and were heading for a tenth straight day of gains... more

Watchdog’s price-cap shock puts damper on water firms

23.07.09
The water regulator today signalled the end of the good times for the water companies as an unexpectedly tough price-cap decision by Ofwat sent utilities shares tumbling ... more

Citi’s upbeat earnings view keeps the Footsie buoyant

23.07.09
The end of the global earnings recession is in sight, according to heavy-hitting broker Citigroup ... more

Let's make waves in how the water industry works

07.07.09
It is hard to remember after the sun-drenched Wimbledon fortnight that the tournament is usually disrupted by at least one day of heavy rain, or that this time last year and in several previous years the coming of summer was marked in several parts of the country by severe flooding ... more

Water firms wash-out

30.06.09
Ironic isn't it? But on one of the hottest days of the year, the water companies have suddenly found themselves out of favour among stock market investors... more

Profits drain away as slump takes its toll at Severn Trent

29.05.09
Severn Trent, the UK's second-largest water company, today reported a £25 million fall in profits and warned bad debts were on the rise because of recession ... more

Dawson shut out as Smiths and Menzies win Mirror deal

29.05.09
Forget newspaper wars - the battle to get your daily paper into the shops is just as vicious as anything the redtops can hurl at each other ... more

Water stirred by dividend jitters

26.05.09
There was no shortage of water in London’s streets today but that was not the reason Bank of America Merrill Lynch cut its rating on two of the four biggest suppliers of the wet stuff, Pennon and Northumbrian, from neutral to underperform before next month’s dividend reporting season... more

With rates this low, banks find debt far less stressful

30.04.09
When I read about stress-testing for banks, I get a silly mental picture of Eric Daniels, Stephen Hester and John Varley sitting in the same room, each wired up to a blood-pressure machine and heart monitor ... more

Bernanke maps a way out of the woods

14.01.09
London yesterday to deliver the Stamp memorial lecture at the London School of Economics. What he said in answer to a question afterwards has a bearing on this key question... more

Goldman sell note rains on United Utilities parade

06.01.09
United Utilities lost 20p to 616p today after falling out of favour with City big-hitter Goldman Sachs, much to the dismay of some of our biggest pension funds which rely on its generous ­dividend policy... more

Market report: UBS makes a brave call for big Footsie recovery

03.12.08
City big-hitter UBS forecasts a major recovery in share prices in 2009 despite warnings that the recession will be long and deep, and run into 2010... more

Severn Trent's profits leaking

25.11.08
Utilities: Fines and settlements for regulatory breaches, rising bad debts, increased energy costs and more costly borrowing are weighing heavily on Severn Trent... more

Don't blame me for lies - Severn ex-MD

02.07.08
The former Severn Trent executive at the centre of the water giant's conviction at the Old Bailey for lying to regulators has hit back at the company, saying it has left him implicated as being part of a criminal deception... more

Just £2m penalty for Severn Trent lies over water leaks

01.07.08
Severn Trent has escaped with being fined just £2 million by an Old Bailey judge despite being found guilty of lying to regulators and misleading the stock markets... more

Fines and credit crunch a drain on Severn's profits

05.06.08
Disgraced water giant awash in red ink as Ofwat fines and a credit crunch hit sent profits plunging... more

Cool fixer who must engineer BAA out of trouble at T5

16.04.08
Colin Matthews has been keeping his head down over Heathrow, but BAA's chief executive will have to face his critics soon... more

£36m fine for Severn over water bills scam

08.04.08
Severn Trent pleads guilty to charges of lying to the water industry regulator... more

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