The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreene King Share News (GNK)

  • There is currently no data for GNK

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

FTSE 250 movers: Funding Circle falters, Ferrexpo flies

Wed, 01st May 2019 15:03

(Sharecast News) - London's FTSE 250 index was down 0.10% at 19,805.33 in afternoon trade on Wednesday, with Funding Circle leading the index downwards.Following close behind the peer-to-peer lending marketplace, Sirius Minerals dropped after successfully raising $425m as part of its a heavily-discounted $3.8bn capital raising to finance the next stage of development of its Woodsmith polyhalite mine in North Yorkshire.Analysts from Shore Capital said: "Successfully securing the Stage 2 financing is effectively the key to unlocking Sirius's vast potential, and we expect should catalyse a major re-rating of the shares. Beyond that, while Sirius would still be some years from becoming cash generative, an investment in the company should become progressively de-risked and enjoy significant value uplift as it advances towards production, we believe."Pub retailer and brewer Greene King fell after Berenberg analysts stated that it is an "opportune moment to sell" as the last of the soft comparatives now lie in the past, leaving a series of challenging comparisons ahead and earnings growth likely to turn negative in 2020.Indivior and Intu Properties followed suit ahead of respective results and a trading update later this week, while takeaway giant Domino's Pizza was also lower ahead of the release of its first quarter trading statement next week.Ferrexpo was the top riser after Liberum upped its stance on the stock to 'buy' form 'hold' as it said the recent selloff, which was precipitated by potential management involvement in the possible misappropriation of funds from a charity called Blooming Land, was overdone."We think it's highly unlikely management knew of or suspected any (potential) misallocation of funds before ceasing payments to the charity in May 2018. Assuming this becomes clearer following completion of the Independent Review, we expect the shares will rebound, despite our view of further softness in Chinese steel demand and a pull back in benchmark iron ore prices," said analysts.Finally, telecommunications testing outfit Spirent edged upwards after reporting that it saw positive momentum from its last trading year carry over into the first quarter of 2019.Market MoversFTSE 250 (MCX) 19,805.33 -0.10%FTSE 250 - RisersFerrexpo (FXPO) 216.54p 4.46%NewRiver REIT (NRR) 238.00p 3.70%Metro Bank (MTRO) 766.00p 2.13%Babcock International Group (BAB) 535.80p 2.06%Charter Court Financial Services Group (CCFS) 362.00p 1.97%Crest Nicholson Holdings (CRST) 392.40p 1.92%McCarthy & Stone (MCS) 130.60p 1.87%Petrofac Ltd. (PFC) 450.80p 1.69%Spirent Communications (SPT) 161.40p 1.64%IG Group Holdings (IGG) 518.00p 1.61%FTSE 250 - FallersFunding Circle Holdings (FCH) 233.14p -7.85%Sirius Minerals (SXX) 16.34p -6.20%Greene King (GNK) 613.98p -4.21%Acacia Mining (ACA) 140.30p -4.10%Indivior (INDV) 36.94p -3.37%Hilton Food Group (HFG) 982.00p -3.35%Domino's Pizza Group (DOM) 258.60p -3.33%Intu Properties (INTU) 91.88p -2.55%Cairn Energy (CNE) 167.10p -2.39%Kaz Minerals (KAZ) 631.43p -2.35%
More News
30 Apr 2019 16:53

LONDON MARKET CLOSE: Disappointing China Data Sees Miners Hinder FTSE

LONDON (Alliance News) - Weak manufacturing data from China overnight hit London-listed miners on Tuesday, causing the FTSE 100 to tumble. The FTSE 100 index closed down 22.44 points, or 0.3%, at

Read more
30 Apr 2019 13:23

Tuesday broker round-up

(Sharecast News) - Nexus: Numis downgrades to add with a target price of 165p.

Read more
30 Apr 2019 09:25

Greene King Expects Slight Rise In Annual Profit On Solid Sales

LONDON (Alliance News) - UK brewer and pub operator Greene King PLC said Tuesday it expects profit for its recently ended financial year to edge higher, as it reported solid sales during the the a

Read more
30 Apr 2019 07:21

Greene King sinks as momentum worries outweigh sales strength

(Sharecast News) - Greene King on Tuesday said that annual sales from its pubs beat market expectations following growth from drinks led local pubs, though its shares dropped amid analyst concern over slowing momentum.

Read more
23 Apr 2019 16:03

UK Earnings, Trading Statements Calendar - Next 7 Days

Wednesday 24 April PetropavolskFull Year ResultsBoohoo GroupFull Year HealthFull

Read more
25 Mar 2019 11:55

Greene King Appoints Former Tesco Executive Sandra Turner To Board

LONDON (Alliance News) - Brewer Greene King PLC said on Monday Sandra Turner will be joining the board from the start of May.Turner has "many years'" experience in consumer At

Read more
25 Mar 2019 11:54

Former Greene King, Ladbrokes Finance Boss Bull Joins Domino's Pizza

LONDON (Alliance News) - Domino's Pizza Group PLC on Monday announced the appointment of former Greene King PLC Finance Director Ian Bull as a non-executive director.Bull will join from

Read more
11 Mar 2019 11:17

Pub groups toast stronger sales as restaurants continue to struggle

(Sharecast News) - Pub sales picked up last month after a dry January but restaurants continued to falter, industry research published on Monday showed.

Read more
22 Feb 2019 09:37

BROKER RATINGS SUMMARY: Sainsbury's Gets More Downgrades

LONDON (Alliance News) - The following London-listed shares received analyst recommendations on Thursday and on Friday morning:----------FTSE 100----------UBS CUTS J TO

Read more
16 Jan 2019 13:07

Wednesday broker round-up

(Sharecast News) - Ashmore group: Berenberg downgrades to hold with a target price of 413p.

Read more
15 Jan 2019 15:00

Greene King appoints Merlin Entertainments exec Nick Mackenzie as new CEO

(Sharecast News) - Pub operator Greene King has appointed Merlin Entertainments executive Nick Mackenzie as its new chief executive, succeeding Rooney Anand from 1 May.

Read more
15 Jan 2019 14:23

TOP NEWS: Greene King Appoints Merlin Director To Replace CEO Anand

LONDON (Alliance News) - Greene King PLC on Tuesday said Chief Executive Rooney Anand will be succeeded by Merlin Entertainments PLC Director Nick Mackenzie.The pub operator said Mackenzie

Read more
14 Jan 2019 13:44

Monday broker round-up

(Sharecast News) - Next: Credit Suisse downgrades to underperform with a target price of 4,800p.

Read more
8 Jan 2019 12:17

LONDON MARKET MIDDAY: FTSE 100 Rallies As US-China Talks Continue

LONDON (Alliance News) - Gains for London stocks accelerated as Tuesday's session progressed amid ongoing US-China trade talks, with the FTSE 100 racking up nearly 75 points despite Wm

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.