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SSEZF News30 articles
SSE Executives Acquire Shares Ahead of Major Grid Investment Phase
SSE PLC disclosed that CEO Martin Pibworth and six other senior executives acquired shares through the company's all-employee plan ahead of a closed period. The move comes as SSE embarks on a £33 billion, five-year grid investment program.
UK Regulator Backs SSE's Early Grid Investment in Scotland
Britain's energy regulator Ofgem has signaled support for SSE's request for early construction funding on eight major Scottish transmission projects, potentially allowing accelerated spending ahead of final approvals.
SSE Gains on Ofgem Grid Settlement, Eyes Full-Year Results
SSE's stock advanced following its SSEN Transmission unit's acceptance of Ofgem's RIIO-T3 regulatory settlement. Investors now shift focus to the company's upcoming full-year financial results.
SSE Gains on UK Grid Settlement, Eyes Full-Year Results
SSE's stock advanced after its SSEN Transmission business agreed to Ofgem's RIIO-T3 regulatory settlement. The company is progressing 11 major grid projects, with 75% of key consents secured.
SSE Shares Dip as Grid Spend and Rate Outlook Weigh on Sentiment
SSE PLC shares declined in early Thursday trading, paring recent gains as the market assessed the utility's substantial capital expenditure plans against evolving interest rate forecasts.
SSE Shares Gain as UK Labor Data Fuels Rate Cut Expectations
SSE shares advanced 0.5% to 2,621 pence in early Tuesday trading, recovering from Monday's decline. The move followed UK labor data showing rising unemployment and cooling wage growth, which strengthened expectations for a Bank of England interest rate reduction in March.
SSE Shares Approach Yearly High as Investors Eye Regulatory and Rate Decisions
SSE shares gained 1.21% to close at 2,510 pence, nearing a 52-week peak. The utility issued a 2025/26 EPS forecast of 144-152p and highlighted a 64% surge in network investment.
Stellantis Shares Rally on Strong European Sales, Chairman Expresses Turnaround Confidence
Stellantis shares advanced 2.3% following a 9.5% surge in European vehicle registrations for February. Chairman John Elkann expressed optimism about the automaker's future direction while urging caution on capital spending.
Fundrise VCX Fund Skyrockets 1300% Over Asset Value in Wild Trading
The Fundrise Innovation Fund (VCX) saw its shares surge more than 1300% above net asset value in a chaotic trading session, driven by intense demand for its portfolio of private tech giants like Anthropic and SpaceX.
Oklo Gains on Regulatory Milestones Amid Mounting Losses
Oklo shares climbed nearly 5% as investors balanced regulatory progress, including a key NRC license, against escalating financial losses detailed in its annual filing.
Simon Property Group CEO David Simon Passes, Leadership Transition Announced
Simon Property Group announced the death of Chairman and CEO David Simon at age 64. His son, Eli Simon, has been appointed CEO and president effective immediately, with Larry Glasscock named non-executive chairman.
Constellation Energy Plummets 11% on $5B Asset Sale, Power Sector Rout
Constellation Energy shares tumbled 10.9% following a major $5 billion divestiture to LS Power, part of its Calpine acquisition remedies. The selloff spread across the power sector as utilities led market declines.
B2Gold Shares Extend Losses Amid Gold Price Retreat and Rising Cost Outlook
B2Gold Corp shares continued to decline as a sector-wide selloff in gold miners intensified. The company faces increased cost projections for 2026, adding pressure amid falling bullion prices.
Planet Labs Surpasses Forecasts, Eyes AI Growth with Nvidia
Planet Labs announced fourth-quarter revenue of $86.8 million, a 41% increase, beating analyst estimates. The company also provided an optimistic revenue forecast for fiscal 2027 and highlighted its deepening AI collaboration with Nvidia.
Plug Power's Turnaround Bid Faces Investor Scrutiny Amid Asset Sales
Plug Power Inc. is navigating a critical phase, with its stock trading significantly below recent highs as the company implements asset sales and spending reductions to extend its financial runway. While Q4 results showed revenue growth and a positive gross margin shift, analyst sentiment remains mixed amid ongoing liquidity concerns.
Bitcoin Retreats Below $72K as Fed Signals Limited Rate Cuts, Crypto Assets Slide
Bitcoin dropped below $72,000 following the Federal Reserve's decision to maintain interest rates and signal just one reduction in 2024. The broader crypto market and related equities faced selling pressure amid elevated inflation forecasts.
DocuSign Surpasses Q4 Forecasts, Unveils $2B Buyback and Confident 2027 Outlook
DocuSign reported better-than-expected fourth-quarter results, announced a major $2 billion increase to its stock buyback program, and provided an optimistic revenue outlook for fiscal 2027. Shares gained in after-hours trading.
XRP Surpasses BNB in Market Cap as Ripple Expands Brazilian Operations
XRP has reclaimed the fourth position among cryptocurrencies by market value, trading around $1.54 after reaching a one-month high. Ripple revealed plans to expand its services in Brazil and secure a local license.
Ford Announces Share Buyback Amid Recall Headwinds and EV Losses
Ford Motor Company shares gained after the automaker filed plans to repurchase up to 31.7 million shares. The move comes as the company contends with a significant quarterly loss, a series of vehicle recalls, and an upcoming safety hearing.
Kingfisher Shares Extend Losses Amid Housing Slowdown Ahead of Earnings
Kingfisher Plc shares declined 1.8% to 307.6 pence, marking a five-day drop of 10.4% ahead of full-year results on March 24. The downturn reflects cooling UK housing demand and rising energy costs.
Major Funds Disclose Beazley Stakes as Zurich's $11 Billion Bid Progresses
Wellington Management, Vanguard, and Polar Capital have disclosed significant stakes in Beazley Plc after Zurich Insurance's £8.1 billion takeover bid. Beazley shares currently trade 3.4% below the offer price.
Jefferies Faces Legal Battle, Limits MFS Losses Under $20M
Jefferies Financial Group disclosed that losses from the collapse of UK lender Market Financial Solutions will likely remain below $20 million. The firm also contested a $126.4 million claim from Western Alliance Bancorporation, sparking a legal dispute.
Bradesco Consolidates Health Assets into $52B Bradsaúde Ahead of March Vote
Banco Bradesco will combine its health and dental assets into a new publicly traded entity named Bradsaúde, targeting R$52 billion in 2025 revenue. The proposal requires shareholder approval on March 31.
Fitch Affirms NAB's AA- Rating as Asset Quality Strengthens
Fitch Ratings maintained National Australia Bank's AA- credit rating, highlighting a reduction in non-performing loans and solid quarterly cash earnings. The bank will report half-year financial results on May 4.
Petrobras to Assess Oil Volatility Before Domestic Fuel Price Moves
Petrobras will observe oil price trends before deciding on potential adjustments to Brazilian fuel prices, CEO Magda Chambriard stated, following a 4.7% surge in Brent crude to $81.40 a barrel driven by Middle East conflict.
HSBC Extends Losses as Geopolitical Tensions Cloud Banking Outlook
HSBC Holdings declined for a second consecutive session, shedding 1.0% in early London trading. The drop follows a steep 5.2% slide on Tuesday, driven by investor concerns over prolonged Middle East tensions and their inflationary impact.
Macquarie Stock Extends Losses Amid Oil Price Surge and Market Volatility
Macquarie Group's stock declined again, pressured by rising oil prices and heightened market volatility. Attention now shifts to the firm's full-year results in May.
Dow Trims Losses as Oil Spike Fuels Inflation Worries
The Dow Jones Industrial Average pared deeper losses Monday, closing midday down 0.14% as a sharp jump in oil prices stoked inflation fears. Early declines were led by Sherwin-Williams and 3M.
Dow Trims Losses as Oil Spike Fuels Inflation Worries
The Dow Jones Industrial Average recovered from deeper losses but remained down 0.14% by midday Monday as a sharp jump in oil prices stoked inflation fears. Early declines were led by Sherwin-Williams and 3M.
Plug Power Shares Extend Losses Ahead of Critical Financial Report
Plug Power shares declined approximately 4% in premarket activity Monday, building on Friday's sharp drop. The move precedes the release of the company's fourth-quarter and full-year financial results, with market focus centered on cash reserves.