London close: Stocks mixed on corporate updates, trade developments
29th Jul 2025 16:28
(Sharecast News) - London stocks ended Tuesday on a mixed note as a wave of corporate results kept investors busy and market participants continued to assess the implications of the recent US-EU trade deal.
Read moreGreggs first-half profits drop 14%, says weather partly to blame
29th Jul 2025 07:43
(Sharecast News) - Greggs reported a drop in first-half profit on Tuesday, pinning the blame partly on the weather.
Read moreBerenberg lowers target price on Greggs
3rd Jul 2025 09:06
(Sharecast News) - Analysts at Berenberg lowered their target price on fast-food bakery giant Greggs from 3,250.0p to 3,040.0p on Thursday, noting that like-for-like volatility had continued.
Read moreLondon close: Markets turn weaker in afternoon trading
2nd Jul 2025 17:35
(Sharecast News) - London stocks ended lower on Wednesday, giving up earlier gains as investor sentiment turned cautious following fresh US jobs data and lingering uncertainty over international trade negotiations ahead of the 9 July deadline set by US president Donald Trump.
Read moreShore Capital slashes forecasts for Greggs, sees stock 'treading water'
2nd Jul 2025 13:39
(Sharecast News) - The share price of Greggs tanked on Wednesday after the fast food bakery chain warned of lower profits this year, with Shore Capital saying it expects the stock to "tread water" for the foreseeable future.
Read moreGreggs warns FY25 operating profits could be 'modestly below' FY24
2nd Jul 2025 07:04
(Sharecast News) - Bakery chain Greggs warned on Wednesday that FY25 operating profits may be "modestly below" FY24 despite H1 sales growth.
Read moreLondon close: Stocks mixed ahead of Nvidia results
28th May 2025 16:02
(Sharecast News) - London stocks ended Wednesday in mixed territory as investors remained cautious ahead of quarterly results from US chipmaker Nvidia, a key barometer for global tech sentiment, due later in the global day.
Read moreShore Capital downgrades Greggs, says there's little to stimulate the shares
28th May 2025 09:03
(Sharecast News) - Shore Capital downgraded Greggs on Wednesday to 'hold' from 'buy' saying that as investment reaches its peak, it sees little to stimulate the shares.
Read moreLondon close: Stocks rise on rate cuts, Ukraine optimism
20th May 2025 16:37
(Sharecast News) - London stocks ended higher on Tuesday, as investor sentiment recovered from jitters over Moody's US credit rating downgrade, alongside increasing hopes of a ceasefire in Ukraine and renewed policy support from China.
Read moreGreggs holds guidance as sales pick up
20th May 2025 07:04
(Sharecast News) - Shares in Greggs surged on Tuesday as the UK bakery chain reported a rebound in sales, driven by an extended range of products, including a macaroni cheese that went viral on social media while pizza boxes and flavoured iced teas also sold well.
Read moreLondon close: Stocks just manage to maintain winning streak
1st May 2025 17:39
(Sharecast News) - London stocks edged higher on Thursday, extending the top-flight index's winning streak to a 14th consecutive session even as investors assessed weaker-than-expected US economic data, with initial jobless claims rising to a three-month high.
Read moreDeutsche Bank downgrades Wetherspoons to 'sell'
26th Mar 2025 14:05
(Sharecast News) - Deutsche Bank downgraded its stance on shares of pub group JD Wetherspoon to 'sell' from 'neutral' on Wednesday, slashing the price target to 450p from 600p following interim results.
Read moreGreggs sales slow again after 'challenging' weather in January
4th Mar 2025 07:03
(Sharecast News) - Shares in Greggs slumped on Tuesday as sales slowed again at the start of the new financial year, with the bakery chain citing "challenging" weather conditions in January.
Read moreLondon close: Stocks led higher by rising metal prices
9th Jan 2025 16:53
(Sharecast News) - London stocks maintained positive momentum through to the close on Thursday, driven by gains in the mining sector and the continued depreciation of the pound.
Read moreGreggs 2024 sales top £2bn but Q4 LFL sales growth slows
9th Jan 2025 08:05
(Sharecast News) - Bakery chain Greggs said on Thursday that it jumped past the £2bn sales mark in 2024, but reported a slowdown in like-for-like sales growth for the fourth quarter as weaker consumer confidence dented footfall on the high street.
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