Greggs serves up 2.9% sales rise, ups divi
10th Aug 2010 07:15
Bakery and sandwich chain Greggs delivered a 2.9% rise in half year sales and said it remains confident for the full year despite the surge in wheat prices. Pre-tax profit rose to £18.6m in the 26 weeks to 3 July from £16.5m the same time a year earlier. Sales for the period rose to £321m from £31
Read moreNew Serco chairman opens account
12th May 2010 17:27
The wife of Serco's new chairman Alastair Lyons has opened the couple's account in the firm with the purchase of nearly £100,000 worth of shares. Shauneen Lyons bought 15,000 shares in the company, paying 632.97p a time. The purchase comes the day after Serco, whose activities include operating Lo
Read moreSmall caps round-up: Aurelian, Cineworld, Greggs...
12th May 2010 12:36
Eastern Europe focused oil and gas explorer and producer Aurelian today reconfirmed "steady" progress against all targets set out in October's strategy document. "We are on track to spud our first two high impact wells in line with our milestones; in June we commence the drilling of the first multi
Read moreGreggs directors swap half of their bonuses for shares
14th Apr 2010 16:58
The chief executive and retail director of bakery and sandwich chain Greggs have foregone half of their bonuses in return for shares that will be held in trust for three years. Chief executive Kennedy McMeikan has invested £33,696 in 6,821 shares at 494p each. This takes McMeikan's shareholding in
Read moreFTSE 250 movers: Chips down for Imagination
19th Mar 2010 11:45
Investors have failed to warm to a trading update from Imagination Technologies. The chip designer said it has continued to see growing interest in its technologies across many partners and markets in the period from 1 November 2009 to 19 March 2010. Shares in Sports Direct fall back after outdoor
Read moreFriday tips round-up: Investec, Savills, Aegis
19th Mar 2010 06:45
Shares in Investec, the South African lender with a dual listing in London, have gained 26% since the start of the year ? a performance that will see it promoted to the FTSE 100 index for the first time next week. Overall, Investec has risen more than threefold in value since floating over here in 2
Read moreLondon close: Weak finish as banks retreat
18th Mar 2010 16:35
London closed in the red after a mixed opening on Wall Street as banks and miners ran into profit taking. Among the big caps, GlaxoSmithKline was the best performer, after rival drug group, Switzerland's Novartis, had to hand back US rights of a drug widely considered a generic copy of Glaxo's top
Read moreLondon afternoon: Back to square one
18th Mar 2010 15:19
A mixed opening on Wall Street has provided no guidance for a similarly rudderless London market. Among the big caps, GlaxoSmithKline is the best performer, after rival drug group, Switzerland's Novartis, had to hand back US rights of a drug widely considered a generic copy of Glaxo's top selling
Read moreLondon midday: Second liners hog the limelight
18th Mar 2010 11:54
While the FTSE 100 is becalmed most of the action is taking place in the FTSE 250 today, where a mixed bag of announcements has prompted varied share price reactions. Electronic components distributor Premier Farnell powered ahead after reporting full year sales and underlying profits for fiscal 20
Read moreLondon open: Banks lead decline
18th Mar 2010 08:26
London's top stocks have slipped back in early dealings on Thursday, with banks leading the index lower. Lloyds Banking, Barclays and Royal Bank of Scotland are the three worst performers on the Footsie, closely followed by HSBC. Bakery and sandwich chain Greggs saw full-year profits come in sligh
Read moreLondon pre-open: Early dip expected
18th Mar 2010 07:44
Footsie is expected to slip back even after the Dow Jones in the US closed at an 18-month high. Bakery and sandwich chain Greggs saw full-year profits come in slightly better than expected and said it is well placed to achieve a year of further progress in 2010. Pre-tax profit came to £48.8m the 53
Read moreGreggs profit beats forecasts
18th Mar 2010 07:01
Bakery and sandwich chain Greggs saw full-year profits come in slightly better than expected and said it is well placed to achieve a year of further progress in 2010. Pre-tax profit came to £48.8m the 53 weeks ended 2 January 2010, from £49.47m the year before. The market consensus for pre-tax prof
Read moreThursday preview: Greggs, Premier Farnell, PSNBR
17th Mar 2010 17:12
Bread and subs and sausage rolls might be the theme song for bakery and sandwich chain Greggs, which issues full year results on Thursday. The chain's foray into Belgium may have ended in failure a couple of years back but Brits can't get enough of the hot savoury treats that are the baker's stock
Read moreFTSE 250 movers: Chips are down for CSR
15th Mar 2010 14:40
Shares in CSR fall back after UBS downgraded the chip-maker to 'neutral' from 'buy'. The broker raises its target price on CSR, which makes chips for Bluetooth and GPS devices, to 540p from 495p, but thinks the stock is reaching fair value levels. Cheery broker coverage has given ITV a boost. Nomur
Read moreThursday tips round-up: SIG, Greggs, Fenner
14th Jan 2010 06:06
Ever-tighter building regulations on energy efficiency continue to work in SIG's favour. The last introduction of new UK standards in 2006 prompted a 20 per cent rise in the volume of insulation materials per building in the following three years and there is no reason to believe that their successo
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