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U.K. power utility SSE PLC (SSE.LN) Wednesday posted 1.41 billion pounds ($2.14 billion) in full-year headline profits, a more-than-5% increase over the previous year, and it raised its dividend by 5.1%."This ability to deliver consistently increases in the full-year dividend and in adjusted profit before tax shows the resilience inherent in its balanced model of economically-regulated and market-based energy businesses and the robustness of its strategy of focusing on operations and investments in each of those businesses," said Lord Smith of Kelvin, SSE's chairman.SSE, which supplies electricity and natural gas to around 10 million households, raised its full-year dividend by 5.1% compared with the previous year, to 84.2 pence per share.The company said it should be able to achieve an increase in the full-year dividend that is greater than RPI inflation in 2013-2014, and said it is in a good position to continue to deliver above-RPI inflation dividend increases in 2014/15 and beyond....
Service companies that rode the wave of investment in Australian resources are facing harder times, reporting a slew of earnings downgrades and preparing to move the...
Here is the ETF Professor's ETF Watch List for Tuesday, May 21, 2013.Obvious plays of the day: Direxion Daily Gold Miners Bull 3X Shares (NYSE:NUGT) and the Guggenhe...
Natural-gas futures settled higher Monday as investors focused on weather forecasts that pointed to increasing gas demand.Forecasts for the U.S. are calling for hot ...
Plains Exploration & Production Co.'s (PXP) shareholders Monday approved a $6.5 billion merger with Freeport-McMoRan Copper & Gold Inc. (FCX), overcoming earlier pre...
Plains Exploration & Production Co.'s (PXP) board Monday approved a $6.5 billion merger with Freeport-McMoRan Copper & Gold Inc. (FCX), overcoming earlier pressure t...
Arcapita Bank said an energy company's fraud claim stemming from Arcapita's sale of Texas natural-gas assets should be pushed behind the claims of other creditors.In...
The U.S. stock market fell on Monday in a quiet trading session. The losses, however, were very minor and the sharp uptrend in equities continues to look intact.Neve...
Natural-gas futures rose more than 2% Monday as investors focused on signs of increasing gas demand.Weather forecasts for the U.S. are calling for hot and humid temp...
Chesapeake Energy (NYSE:CHK) said Monday its board selected Robert Lawler to serve as chief executive of the nation's second-largest producer of natural gas.Lawler, ...
Chesapeake Energy Corp. has chosen Robert Douglas Lawler, a top executive at rival oil-and-gas company Anadarko , as chief executive, the Wall Street Journal reporte...
Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon, ...
In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered ...
Japan's exports rose less than expected in April from a year earlier due to weak demand from Europe and China, highlighting the challenges confronting the world's th...
Natural-gas futures settled higher for a third day Tuesday, rising on forecasts for lingering hot temperatures in the central U.S.Outlooks calling for above-normal t...
U.S. stocks staged a modest rally on Tuesday ahead of Congressional testimony from Federal Reserve Chairman Ben Bernanke on Wednesday.The expectation that the centra...
Natural gas futures are volatile.That much is widely known and that volatility explains the allure of an ETF such as the U.S. Natural Gas Fund (NYSE:UNG) for active,...
Russian gas firm OAO Gazprom (GAZP.RS) has cut its forecast for gas output at its giant Bovanenkovo field by almost one-third because of lower demand, the head of Ga...
Consolidated Edison Inc. (ED) formed a partnership with Sempra Energy (SRE) that gives the utility company a 50% interest in two Sempra U.S. Gas & Power solar facili...
The hunt for Royal Dutch Shell's next chief executive is underway, its chairman said on Tuesday, after CEO Peter Voser made what could be his last appearance at the ...
