Greene King Share News (GNK)
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Greene King's Christmas trading update on Monday was "slightly lacklustre", according to Canaccord Genuity, though the broker maintained its 'buy' rating on the pub and brewery group. Retail like-for-like (LFL) sales over Christmas and the New Year alone were up 2%, but were flat over the six weeks
Read moreUK stocks rose on Monday morning ahead of a busy week, as investors shrugged off a sell-off on Chinese markets overnight. London's FTSE 100 was up 0.4% at 6,577 in early deals. Stocks in Shanghai plunged 8% on Monday with shares in the financial sectors faring the worst after securities regulators
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LONDON, Jan 19 (Reuters) - Greene King said tougher drink-driving laws in Scotland had added to weak trading either side of Christmas across the British pubs group, keeping underlying sales flat. The group, which operates almost 2,000 pubs including Hungry Horse, as well as breweries, said
Read moreUK stocks were expected to rise on Monday despite a massive sell-off on Chinese markets overnight after the government cracked down on margin-trading accounts. City sources predict the FTSE 100 will open 20 points higher than Friday's close of 6,550.27. Stocks in Shanghai plunged 8% on Monday with
Read morePub operator and brewer Greene King said sales over the key Christmas period were "encouraging", though trading before and after the festive season was mixed. The company, whose shareholders have voted in favour of the proposed tie-up with Spirit Pub Company, also said it expects the deal to complet
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