UK SMALLCAP ROUNDUP: Hydrogen Group's 1H Beats Own Views
1st Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HYDROGEN GROUP PLC (HYDG.LN), a professional recruitment business, Thursday said first-half trading was ahead of its own expectations, boosted in part by
Read moreLondon midday:Stocks pare losses
1st Jul 2010 12:11
Leading shares finished the morning session well above their low levels though the Footsie remained in arrears on lingering fears about a slowdown in economic growth in China and concerns over Spain's sovereign debt after ratings agency Moody's said it was considering lowering its rating by a notch
Read more2nd UPDATE: Greene King To Expand Managed Pubs Business
1st Jul 2010 09:39
(Adds detail and comment from the CEO.) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. pub group Greene King PLC (GNK.LN) said Thursday it plans to accelerate the growth of its estate of managed pubs while shrinking its tenanted pub business as it further increases it
Read moreLondon open: Stocks deep in the red
1st Jul 2010 08:58
London's top stocks have started with hefty losses as sentiment was hit by a weak manufacturing report in China and warning by Moody's Investors Service that it may cut Spain's credit rating. Asian stocks were hit after China's purchasing managers' index fell to 52.1 in June from 53.9 a month earli
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
1st Jul 2010 08:33
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0733 GMT [Dow Jones] Greene King's (GNK.LN) FY results are in line with expectations, says Shore Capital, suggesting a robust
Read moreMARKET TALK: Greene King FY In Line; Concerns Remain
1st Jul 2010 08:33
0733 GMT [Dow Jones] Greene King's (GNK.LN) FY results are in line with expectations, says Shore Capital, suggesting a robust start to the year. Adds current trading appears stronger than feared, with like-for-like sales up 6.0% in the core Greene King managed estate over the last eight weeks. Still
Read moreUPDATE: Greene King To Grow Managed Pubs, Trim Leased Estate
1st Jul 2010 08:20
(Adds detail.) By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. pub group Greene King PLC (GNK.LN) said Thursday it would grow its estate of managed pubs while shrinking its tenanted pub estate in an effort to increase its exposure to the more profitable eating out mark
Read moreMARKET TALK: Greene King FY Results 'Promising' - Trader
1st Jul 2010 07:42
0642 GMT [Dow Jones] Greene King's (GNK.LN) preliminary FY results are promising, with pretax profit in line with consensus expectations, says a trader. Says the company has had an encouraging start to the year, despite the cautious UK consumer. Says the pub group is well positioned to emerge from a
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
1st Jul 2010 07:42
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0642 GMT [Dow Jones] Greene King's (GNK.LN) preliminary FY results are promising, with pretax profit in line with consensus e
Read moreGreene King profits up, new year starts well
1st Jul 2010 07:42
Brewer Greene King saw profits rise for the year and said current year's trading is ahead of expectations. Pre-tax profit rose to £101.9m from £54.3m on revenue that increased 3.1% to £984.1m, helped in particular by the 3.5% growth in its retail business. "These results highlight the strength,
Read moreGreene King To Grow Managed Pub Business, Trim Leased Estate
1st Jul 2010 07:22
By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. pub group Greene King PLC (GNK.LN) said Thursday it would grow its estate of managed pubs while shrinking its tennanted pub estate in an effort to increase its exposure to the more profitable eating out market. The Suffol
Read moreThursday preview: Debenhams, Greene King
30th Jun 2010 16:51
Department store Debenhams issues an interim management statement which may include some commentary on the Budget, specifically the increase in VAT to 20% due to come into effect on 4 January. Investment analysts have been getting excited about the group's Danish acquisition Danish acquisition Maga
Read moreEARNINGS PREVIEW: Greene King FY Pre-Items Profit Seen +4.6%
30th Jun 2010 11:19
Greene King (GNK.LN): FY Earnings Due: July 1 at 0600 GMT DJ Survey of Four Analysts Average Pretax Profit Before Exceptional Items: GBP124 million, up 4.6% (GBP118.5 million in FY 2009) Average Revenue: GBP986 million, up 3.3% (GBP954.6 million in FY 2009) Note: The strong performance reported
Read moreMARKET TALK: Panmure Cuts Greene King Price Target
28th Jun 2010 09:49
0849 GMT [Dow Jones] Panmure Gordon cuts Greene King (GNK.LN) target to 450p from 500p ahead of the company's results on July 1. Panmure says it struggles to identify catalysts for outperformance vs the peer group. "With beer prices set to rise again in January with the VAT increase and in April wit
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jun 2010 09:49
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0849 GMT [Dow Jones] Panmure Gordon cuts Greene King (GNK.LN) target to 450p from 500p ahead of the company's results on July
Read more