If only
Aveva Group (LSE: AVV) markets and develops IT software and services for engineering companies. In September last year, the Cambridge-based business agreed to merge with French group Schneider Electric in a £3bn move it said would create a global leader in engineering and industrial softwarewith estimated revenues of £657m. In February this year, it announced the appointment of Craig Hayman from US software firm PTC as its new chief executive. Aveva's current boss, James Kidd, will move to a deputy position and become chief financial officer.
Be glad you didn't buy
SSE (LSE: SSE)is Britain's second-largest energy supplier. It also supplies phone and broadband as well as boiler cover to UK homes. In November last year, the firm announced plans to merge and spin off its household energy supply and services businesses to German-owned Npower. However, SSE has suffered as customers move in search of cheaper energy bills. In the third quarter, 40,000 customers left, following a loss of 50,000 in the second quarter.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Michelin Key Hotels 2025: the top destinations in the worldThe Michelin Keys have been awarded to spectacular hotels across the world. From a tea trail in Sri Lanka to a shipwreck in Namibia, we reveal 2025’s most extraordinary stays
-
MoneyWeek news quiz: How much could you get in car finance compensation?The car finance scandal, inheritance tax, and house prices all made headlines over the past few days. Test your knowledge while reviewing this week’s top stories with MoneyWeek’s news quiz
-
Investing in the energy sector – is the reward worth the risks?The energy sector used to offer predictable returns, but now you need to tread carefully. Is the risk worth it?
-
Sector in the news: The energy companiesFeatures Public anger has been directed at energy companies in recent days, says Phil Oakley. Yet, these two providers could be worth buying for the long term.
-
Shares in focus: Stability and growth from Scottish energyFeatures There's plenty to like about this utilities stock. But do the shares represent good value, and is now the time to buy in? Phil Oakley investigates.
