Wed, 29th Jun 2016 07:33
(ShareCast News) - Pub operator Greene King posted a rise in first half pre-tax profit and revenue thanks in part to the integration of Spirit Pub Company. For the 24 weeks to 18 October, statutory pre-tax profit increased 17.9% to £84.9m as revenue surged 49.2% to £917.7m. Chief executive officer
Read more(ShareCast News) - Eurozone inflation may have improved in November compared to a year ago, according to analysts' forecasts ahead of consumer price index data on Wednesday. The flash estimate of CPI for November is expected to show a 0.2% year-on-year increase, compared to 0.1% in October. Core inf
Read more(ShareCast News) - The FTSE 250 started to climb back on Wednesday to 16,687.19 - up 157.21 points (0.95%) Premier Oil rose after it announced year-to-date production had averaged 57,100 barrels of oil equivalent per day, ahead of a full-year guidance of 55,000. Petra Diamonds continued to rebound
Read more(ShareCast News) - The medium-term outlook for British American Tobacco is "strong" but the firm is facing earnings downgrades from analysts related to movements in foreign exchange markets and price roll-backs in Australia, one large broker said to clients after the company's Investor Day. Nonethel
Read more(ShareCast News) - HSBC cut its stance on Greene King and Mitchells & Butlers as it took a look at the UK pubs sector. The bank downgraded Greene King to 'reduce' from 'hold' and cut its price target to 780p from 830p saying it was concerned about like-for-like sales growth. "We assume 2%, which is
Read more(ShareCast News) - Pub operator and brewer Greene King posted an increase in like-for-like sales in the first 18 weeks of its financial year, helped by solid growth across all of its divisions. In the 18 weeks to 6 September, like-for-like retail sales climbed 1.3% year-on-year, with growth in the f
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