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Tuesday broker round-up UPDATE

African Minerals: Canaccord Genuity cuts target price from 295p to 230p and maintains a buy recommendation. AG Barr: Investec ups target price from 6...

Punch Taverns Shares Drop On Dilution In Debt Restructuring Proposal

LONDON (Alliance News) - Pub operator Punch Taverns PLC saw a quarter of the value wiped off its shares early Tuesday, after it said it has received a...

Punch Taverns bondholders suggest new restructuring terms

May 27 (Reuters) - Debt-laden British pub company Punch Taverns Plc said on Tuesday that certain stakeholders had proposed a restructuring of its secu...

UK MORNING BRIEFING: Shares Higher With AVEVA Leading FTSE 250

LONDON (Alliance News) - UK shares have opened higher Tuesday, catching up with gains made during the bank holiday Monday in Asia and Europe.The mid-c...

Punch Taverns Sells Four Pubs In Central London For GBP6.7 Million

LONDON (Alliance News) - Pub operator Punch Taverns PLC Monday said it has reached an agreement to sell four of its pubs in central London to Morgana ...

UK MORNING BRIEFING: AstraZeneca Depresses FTSE 100 On Bid Rejection

LONDON (Alliance News) - UK shares have opened starkly mixed Monday, with the FTSE 100 dragged down by AstraZeneca, while the mid-cap FTSE 250 is high...

Punch Taverns Noteholders Vote In Favour Of Waiver Requests

LONDON (Alliance News) - Punch Taverns PLC Wednesday said that noteholders of its its Punch A and Punch B securitisations voted in favour of waiver re...

UPDATE 1-Food driving people to drink at Spirit Pub outlets

* H1 revenue increases about 3.8 pct to 406 mln stg * Like-for-like sales at managed business rise 4.8 pct * Shares up 3.5 pct (Adds CEO & analyst c...