Investments and investor services
FTSE 100 closes higher as mining stocks lap up higher copper prices
FTSE 100 shares closed higher on Monday as buoyant mining stocks responded to a strike in Chile which boosted copper prices
Company
LON:GNK
Greene King's principal activities are operating managed, tenanted and leased public houses, brewing beer, and wholesaling beers, wines, spirits and soft drinks.
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Investments and investor services
FTSE 100 shares closed higher on Monday as buoyant mining stocks responded to a strike in Chile which boosted copper prices
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Reckitt pulls the trigger on baby foods acquisition; Just Eat chief quits; surgeon raises concerns over strains put on NHS by unhealthy eating; Greene King wishes it could be Christmas every day
Christmas Day takings set a new record, but like-for-like sales growth has slowed in the last 16 weeks
Analysts at the bank have cut their rating for M&B shares to ‘underweight’ from ‘equal-weight’ with an unchanged target price of 220p.
Punch revealed yesterday that a private equity firm linked to Heineken has made an offer of 174p per share for the company, while Emerald Investment Partners, the family office of Alan McIntosh, a former finance director of Punch, is biddin
The firm's adjusted pre-tax profit was up 14.6% to £139mln on revenues, which were 13.8% higher.
Despite the good start to its new financial year, the firm has warned that Brexit may hit consumer spending in coming months
Greene King largely brushed aside worries over Britain's decision to leave the EU as it reported a year of solid growth and increased revenue.
The integration of Spirit is progressing well, Greene King said
A look at next week's agenda, and there are some big names reporting...
A look at next week's agenda, and there are some big names reporting...
A look at next week's agenda, and there are some big names reporting...
A look at next week's agenda, and there are some big names reporting...
A light hearted look at shareholder perks that are available. Great news for beer swilling clothes horses in need of a telephone line rental.
Peel Hunt reckons the company represents a “very compelling buying opportunity”
Whether or not the Federal Reserve will raise interest rates will likely keep investors occupied until the announcement on Wednesday
Investments and investor services
The FTSE100 could only manage a 25 point gain to 6,420.