Centrica PLC (CNA.L)

CNA.L on London Stock Exchange

23 Feb 2018
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2.00 (+1.41%)
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Thu, Feb 22 2018

UPDATE 2-British Gas owner Centrica steps up cuts after profits fall

* Annual savings target increased to 1.25 bln stg from 750 mln

Britain's Centrica posts 17.4 pct fall in FY profit

Feb 22 Britain's largest energy supplier Centrica, which issued a profit warning in November, raised its cost efficiency programme target by 500 million pounds ($694.00 million) and said it would cut about 4,000 jobs by 2020.

UPDATE 1-FTSE sluggish after Centrica dives

LONDON, Nov 23 A fall in Centrica's shares weighed on British stocks on Thursday, but a rebound in housebuilders and a weak pound provided enough support to recoup most of the morning's losses.

UPDATE 4-Centrica crashes on profit warning as feels North American chill

LONDON, Nov 23 British Gas owner Centrica shed around a fifth of its market value on Thursday after warning its 2017 earnings would be well below forecasts due to fierce competition for business customers in North America and Britain.

FTSE sluggish after Centrica dives

LONDON, Nov 23 A drop in Centrica's shares after a trading update weighed on the blue chip FTSE 100 on Thursday, while housebuilders recovered some ground.

European shares slip on Thanksgiving Thursday, Centrica crashes

LONDON, Nov 23 European shares tumbled on Thursday, tracking more timid Wall Street trading as volumes thinned out for the Thanksgiving holiday, with British stocks leading losses as energy firm Centrica plummeted after results.

Centrica sets out plans to reform UK energy market

LONDON, Nov 20 Centrica, Britain's biggest domestic electricity and gas supplier, has set out plans to reform its pricing by withdrawing the most common form of tariff, the standard variable tariff, ahead of government intervention in the market.

FTSE holds near 2-month high though banks weigh

LONDON, Oct 12 Britain's top share index held at a two-month high on Thursday, though a fall among financials and Centrica capped gains as did a pop higher for sterling.

Centrica, SSE pull out of slump as Britain's FTSE edges higher

LONDON, Oct 5 Britain's main share index outperformed European peers on Thursday as a weaker pound and strong basic resources stocks underpinned gains, and Centrica and SSE recovered from a slump after Prime Minister Theresa May announced a cap on energy prices.

UPDATE 1-Shares in Centrica, SSE sink as May announces energy price cap

LONDON, Oct 4 Shares in British energy providers Centrica and SSE hit session lows on Wednesday after Prime Minister Theresa May said she would impose a price cap on the domestic energy market.

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