With a new management team in place, Centrica (LSE: CNA) could have a challenging year. That's because they are likely to make significant changes to the company in order to improve its long term growth outlook, with Centrica's bottom line forecast to ...
Life isn't getting any easier for Centrica (LSE: CNA). After being forced to slash its dividend payout by 30% earlier this year, following a 35% slump in profits, the company has cautioned today that further losses could be on the horizon.
All eyes will likely be on Barclays and Lloyds next week when the two British banks announce their quarterly results, but several other companies outside the banking industry also report their trading updates and deserve full attention.
While utility stocks may appear to be a relatively safe place to invest your money, with demand for their services being fairly stable, the remainder of 2015 could see them split into something of a two-tier market.
Shares in energy provider Centrica (LSE: CNA) have suffered a sobering end to the week after ratings agency Moody's elected to cut the firm's investment grade - to Baa1 from A3 previously - on Thursday evening.
I would have expected the slanging match over utility companies to have kicked off by now, inflicting further damage on the share prices of utility companies Centrica (LSE: CNA) and SSE (LSE: SSE). It hasn't happened yet.
Unlike Tesco, shares in electricity and gas play Centrica (LSE: CNA) have leapt higher during the past month after a steadily trending lower for more than 18 months now, and have gained 16% in just over six weeks.