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Latest Finance News related to Utility Company

Toshiba's US nuclear problems could provide cautionary tale for UK image
Source : Guardian [Read Article] Friday 14th of April 2017 07:00:27 AM
....The regulator for one of the projects, Plant Vogtle, in Georgia, has said Westinghouse’s bankruptcy means the project will require more “time and money”. Meanwhile the utility company paying for the Virgil C Summer Nuclear Generating Station, near Jenkinsville, South Carolina, warned this week that abandonment of the project was one of the options it was now considering. ...
Toshiba forced to buy 40% of UK's NuGen image
Source : BBC [Read Article] Tuesday 4th of April 2017 03:16:02 PM
.... . The French utility company Engie said it was exercising its "contractual rights" to sell its shares because NuGen was "facing some significant challenges". ...
Energy costs to soar as Big Six companies turn up the heat image
Source : Daily Express [Read Article] Tuesday 14th of March 2017 08:01:00 AM
....Martin Lewis, founder of MoneySavingExpert. com, says the UK’s biggest utility company is likely to increase prices then to complete a grim picture for households: “Everyone on a standard tariff from the Big Six, including British Gas, is being ripped off. ...
The Crusader: Motorist got compensation after insurance unjust car accident claim image
....Although this wasn’t his fault it was the first black mark on his otherwise pristine record of 55 years driving. He explained: “I was stuck in a traffic jam and a pick-up truck belonging to a utility company went into the back of me. ...
Beware of scams: Beat fraudsters by staying alert image
Source : Daily Express [Read Article] Wednesday 18th of May 2016 09:57:00 AM
....Bank account fraud. Beware anybody approaching you and claiming to be from an organisation you trust, such as your bank, the police, your utility company or even a Government department. ...
France gives go ahead to Hinkley Point, French minister says image
Source : Guardian [Read Article] Sunday 17th of April 2016 11:11:49 AM
....France will go ahead with construction of the £18bn Hinkley Point nuclear power plant in Britain and will begin agreeing technical details in the coming weeks, the French economy minister has said. Emmanuel Macron told the BBC’s Andrew Marr Show: “We back Hinkley Point project, it’s very important for France, it’s very important for the nuclear sector and [state-owned utility company] EDF. ...
What will happen if world's biggest companies don't take water seriously? image
Source : Guardian [Read Article] Wednesday 13th of April 2016 08:16:23 AM
.... When and where water is used matters. How a maize-farmer consumes groundwater in drought-hit Mozambique has different implications to, say, how a water utility company draws from an aquifer during the dry season. ...
Deception scams drive rise in financial fraud image
Source : Daily Express [Read Article] Monday 21st of March 2016 07:21:00 PM
....The key drivers of the changing fraud figures during 2015 were:. Impersonation and deception scams in which criminals approach customers claiming to be from a trusted organisation, such as a bank, the police, a utility company or a government department. ...
Job losses gather momentum across UK and Europe image
Source : Guardian [Read Article] Thursday 18th of February 2016 09:41:34 AM
....British Gas owner Centrica is cutting 1,000 jobs this year as part of a net 4,000 cutbacks by 2020 (it is slashing 6,000 jobs but also creating 2,000 new posts). French utility company EDF is cutting up to 4,200 jobs in France and a further 6,000 worldwide by 2019, with the bulk expected to be at its UK division. ...
Questor share tip: Severn Trent enjoys good start image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 04:54:31 PM
.... The possibility of a takeover bid has pushed the price to earnings (PE) ratio to 22 times. A more sober rating for a low-growth utility company would be around 10 to 15 times earnings. ...
Should we be worried if our homes are soon smarter than we are? | John Naughton image
....This is inefficient and wasteful and so there’s a strong push under way to fit homes with smart meters. These are purely digital devices that are networked so that the utility company can bill you without having to send a man to your door. ...
Questor share tip: Severn Trent dividend income comes at a price image
Source : Telegraph [Read Article] Thursday 26th of November 2015 07:43:35 PM
.... The shares trading on a price to earnings (PE) ratio of 23 times are looking awfully expensive. A reasonable multiple for a low growth utility company would be around 10 times earnings, and today’s incredible premium of well over 100pc reflects the absurd distortion that low interest rates are having on equity valuations. ...
Severn Trent profits rise as cost savings trickle through and complaints drop image
Source : Telegraph [Read Article] Thursday 26th of November 2015 08:51:17 AM
.... . Group turnover was flat in the six months to September 30 so the profit increase came on the back of major efficiency savings that the utility company is pushing through as part of a wider programme to cut costs and streamline operations. ...
The White House climate commitments are another set of incoherent goals image
Source : Guardian [Read Article] Tuesday 20th of October 2015 12:12:43 PM
....Each set of announcements sends press releases flying. Some folks get creative: P&G and utility company EDF installed a “mini wind farm” made of thousands of spinning pinwheels on the lawn in front of the US Capitol, to celebrate a Texas wind farm that will supply energy to P&G. ...
Questor: Shares that are a safe haven during a stock market storm image
Source : Telegraph [Read Article] Tuesday 1st of September 2015 01:14:45 PM
.... . Shares in National Grid [LON:NG], which operates the electricity and gas networks and is the UK's largest utility company, currently offers a dividend yield of 5. ...
How Ashley Madison hack has fuelled an opportunist bank scam image
Source : Telegraph [Read Article] Monday 31st of August 2015 07:02:16 AM
.... • 'Emails to my solicitor were hacked and I lost £340,000 from my property sale' . Unsolicited messages seemingly from a bank or utility company should be treated with extreme caution, even if they claim to be warning you about fraud on your account. ...
Npower profits plunge 60% amid ongoing billing problems image
Source : Guardian [Read Article] Thursday 13th of August 2015 12:45:51 PM
....RWE revealed in its half-yearly report that it was “often only able to retain residential customers with expired contracts by offering them new contracts with more favourable conditions”. The billing saga is a another headache for RWE, Germany’s second-largest utility company, which is grappling with low prices for the fossil fuels that dominate its business model. ...
Jeremy Corbyn's plans to renationalise UK power sector could cost taxpayer billions image
.... . London-listed energy group National Grid is the largest UK utility company with a market capitalistion of £32bn. ...
Questor share tip: Buy Pennon's inflation protected dividend income image
Source : Telegraph [Read Article] Wednesday 20th of May 2015 04:43:02 PM
.... Pennon 879p-½p Questor says BUY . PENNON’S [LON:PNN] shares are interesting, as the utility company has promised to pay a dividend that will rise by 4pc above inflation until 2020. ...
A Tale of Several Cities image
Source : BBC [Read Article] Tuesday 19th of May 2015 11:22:19 PM
.... Many once fearsome places are safe. One of the main contributors to the improvement of life in Medellin is the local utility company Empresas Publicas de Medellin. ...
We alerted npower to fraud – it set the bailiffs on us image
Source : Guardian [Read Article] Saturday 16th of May 2015 06:00:17 AM
.... RM, Middlesbrough. This is one of the worst letters we have received about a utility company, and one that gives credence to a view, held by many, that the power companies are out of control. ...
Three of Britain's best investors on how to profit from the election image
Source : Telegraph [Read Article] Saturday 25th of April 2015 08:31:41 AM
.... Conservative investors, however, have been selling the shares that are in the line of fire. Mark Slater, manager of Slater Recovery and Slater Growth, sold utility company Centrica and bookmaker William Hill earlier this year. ...
Shell takeover of BG: what the analysts say image
Source : Guardian [Read Article] Wednesday 8th of April 2015 10:05:31 AM
.... Several believe this could spark a deal frenzy. Shell’s agreed purchased of BG Group (not to be confused with British Gas, owned by the utility company Centrica), is important for all UK pension savers. ...
Are we in deflation now? And other questions you were too scared to ask about 0% inflation image
.... And analysts think this is only now feeding through into the official figures. “It looks odds on that inflation will turn negative in March, when the cut in gas prices by British Gas (the utility company with the biggest market share) will show up in the inflation figures for the first time” said Vicky Redwood of Capital Economics. ...
Oil fall continues as Arab states aim to crush US shale image
Source : Telegraph [Read Article] Tuesday 13th of January 2015 05:25:34 PM
.... . “With the first utility company announcing a cut in gas prices today and oil prices continuing to slide, there may be further surprises on the downside to come,” warned Deutsche Bank analysts. ...
OPG profits jump 35pc in first-half image
Source : Telegraph [Read Article] Tuesday 9th of December 2014 06:00:32 AM
.... . The utility company is coming towards the end of a major coal-fired power plant construction project. ...
Is Scottish Power Britain's worst firm for service?  image
Source : Telegraph [Read Article] Monday 8th of December 2014 12:54:07 PM
.... Months went by and I was still not able to access the account. After letters and emails to the Customer Services and then to the Chief Executive Officer I contacted the Ombudsman and switched to another utility company. ...
Questor share tip: National Grid hits record highs image
Source : Telegraph [Read Article] Saturday 8th of November 2014 08:00:49 PM
.... Low interest rates boost profits . The UK’s largest listed utility company, National Grid [LON:NG] (click highlighted text for fundamental analysis), continues to enjoy a favourable economic backdrop to its activities. ...
Questor share tip: OPG signs new power deal image
Source : Telegraph [Read Article] Saturday 8th of November 2014 08:00:05 PM
.... . The utility company has agreed to sell its power output in Chennai to the Tamil Nadu Generation and Distribution Corporation at 5. ...
Tui Travel leads FTSE 100 lower as economy and Ebola fears continue image
Source : Guardian [Read Article] Friday 10th of October 2014 09:18:54 AM
....Among the mid-caps, Telecom Plus has put on 95p to £13. 51 as the utility company reported a near 50% rise in full year profits and appointed Nick Schoenfeld, previously of Hanover Acceptances, as chief financial officer. ...
First Utility's meter reading fails to add up  image
Source : Telegraph [Read Article] Wednesday 8th of October 2014 12:50:29 PM
.... Initially it failed to address the mystery of the number of dials on the meter. This left the impression that this large utility company could not cope with certain meters. ...
Is opening an account at Barclays a passport for international crooks? image
Source : Guardian [Read Article] Saturday 13th of September 2014 06:00:11 AM
....Barclays says that it does not open accounts for foreign nationals who are based overseas, except for very wealthy clients. Its website states that it will accept a letter or bill from a utility company as proof of a UK address, as long as it is less than three months old. ...
Sterling tumbles after poll shows 51pc support Scottish exit image
Source : Telegraph [Read Article] Monday 8th of September 2014 07:11:00 AM
.... . SSE, the utility company, was also among the fallers and lost 2. ...
Fukushima workers sue Tepco over unpaid hazard pay image
Source : BBC [Read Article] Wednesday 3rd of September 2014 02:58:38 AM
....The lawsuit was filed by two current and two former workers at Fukushima. The Japanese utility company had no immediate comment. ...
Questor share tip: Hold Pennon as it reaches milestone   image
Source : Telegraph [Read Article] Thursday 14th of August 2014 05:00:15 AM
.... . The FTSE 250-listed company is not your average utility company. ...
10 defensive shares for a financial crisis image
Source : Telegraph [Read Article] Monday 14th of July 2014 06:00:29 PM
.... The shares are classic defensive play as United Utilities is the largest listed water utility in the country. However, the shares are trading on 20 times forecast earnings which is very expensive for a low growth utility company, making the shares no better than a hold. ...
Revealed: the banks using 'pseudo' solicitor firms to make debtors pay up image
.... Those from some utility companies and parking firms appear to be from a separate debt collection agency, when the "firm" has been invented as a way of pressurising people to pay up. Typically, there's small print to the effect the debt recovery firm is a "trading name" of the bank/utility company. ...
Questor share tip: Pennon a hold on recycling pain image
Source : Telegraph [Read Article] Wednesday 4th of June 2014 05:00:34 AM
....5 Questor says HOLD . Pennon (PNN) is not your average utility company; it combines South West Water, a profitable and stable water utility, and Viridor, a loss-making and hugely capital-intensive landfill and recycling group. ...
Questor share tip: National Grid increases profits image
Source : Telegraph [Read Article] Friday 16th of May 2014 05:00:25 AM
....National Grid. THE UK’s largest listed utility company, National Grid, yesterday reported a steady profit performance in its annual results, an encouraging start following its new eight-year settlement with the energy regulator. ...
'Npower error cost my family a mortgage' image
Source : Telegraph [Read Article] Saturday 10th of May 2014 06:33:14 AM
.... How to complain . If you have an ongoing problem with npower or any other utility company, you don’t have to carry on battling with call centre staff. ...
Life as a wife, mother, and nuclear engineer image
Source : Independent [Read Article] Monday 5th of May 2014 11:00:00 PM
....That's me, changing the face of nuclear power, one people carrier at a time. Sarah Kovaleski is director of engineering design at a utility company in the mid-west of the United States. ...

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