Investments and investor services
Malvern surges after confirming attendance at investor conference
A look at the day's major movers, including Tricorn, Eagle Eye, Microsaic, Red Emperor, N4 Pharma, Greggs and Edenville Energy
Company
Greggs PLC
LON:GRG
UK's leading retailer specialising in sandwiches, savouries and other bakery-related products, with a particular focus on takeaway food and catering.
230 stories · page 8 of 12
Greggs hits all-time high after fourth profit upgrade in five months
The bakery chain has enjoyed an “exceptional” 2019 so far, meaning bosses now expect sales and profits will be “materially higher” than previous forecasts
Investments and investor services
FTSE 100 closes higher and global stocks rally as trade fears seem to ease
On Wall Street, the Dow Jones Industrial Average is up 287 points at the time of writing
Why you should wait to tuck into Greggs shares
Greggs shares have almost doubled since last summer, driven by a strong guidance upgrades, but that rapid rise has left it looking a little expensive to some City analysts
Greggs to pay special divi this summer after serving up record profits in 2018
The bakery chain wants to return more than half of the £88mln cash pile it has built up to shareholders
FTSE 100 closes lower after European Central Bank strikes downbeat note
"Brutal cuts from the ECB as GDP growth for 2019 is cut from 1.7% to 1.1%. With this in mind, it seems like any possible interest rate raises are all but completely ruled out until likely 2021," declared Jordan Hiscott, the chief trader at
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Insurers Aviva and Admiral in Thursday’s results spotlight
Results from Aviva, Admiral, Greggs and Premier Oil are all in the diary for Thursday.
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Insurance will be the corporate key in coming week, though US jobs data should be biggest draw
The Week Ahead brings updates from the likes of Aviva, Direct Line, L&G and Admiral, while investors can also bet on Paddy Power Betfair and GVC Holdings
Greggs lifts 2019 profit guidance as new vegan sausage roll helps to beef up sales
Greggs bosses said the “exceptional sales performance” at the start of 2019 has been boosted by the “extensive publicity” surrounding its new vegan sausage roll
UBS is a fan of Greggs, but recent share surge makes valuation “challenging”
The value of Greggs shares has jumped by more than three-quarters since last summer, and UBS reckons they are now where they should be
Tesco, Next and Ted Baker among the festive winners as high street survives Christmas - but only just
Below we provide a cut-out-and-keep guide to the major quoted retailers and how the quoted retailers performed
UBS hikes its target price and 2019 estimates for Greggs following tasty Christmas trading update
The Swiss bank raised its discounted cashflow-based target price for the FTSE 250-listed firm to 1,500p, up from 1,400p previously, with the stock trading at 1,453p, up 5.3%
Greggs lifts profit guidance again as festive bakes and mince pies boost Christmas trading
Consumers have been tightening their purse strings of late, but it seems we can still find the money to treat ourselves to a sausage roll or steak bake
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FTSE 100 closes higher as traders optimistic on China/US talks breakthrough
The UK blue-chip benchmark added around 45 points at 6,906, while FTSE 250 surged even higher.
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Slew of retailer trading updates to continue, Sainsbury's takes supermarket focus
The post-Christmas assessment of the high street will carry on unabated on Wednesday, with updates expected from Ted Baker, Topps Tiles and Majestic Wines
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Slew of Christmas updates from retailers to dominate after Next's positive seasonal surprise
The Week Ahead will bring trading updates from the likes of M&S and Debenhams on the general retail front and all three of the listed UK supermarket groups – Morrisons, Sainsbury’s, and Tesco
Peel Hunt upgrades Greggs after bakery chain raises profit guidance
“The patchy late Spring is now a distant memory and we’d own up to over-reacting to it; this is clearly a very consistent performer and with a decent upgrade today it’s clear that our negative stance is wrong,” Peel Hunt said
Greggs raises 2018 pretax profit view as sales climb
The period was “particularly encouraging as it builds on good comparative sales in the same period last year,” says the sausage rolls maker
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Genel Energy PLC shares rise on production update
A look at some of the UK market's winning and losing shares during Tuesday's trading session
Hot summer fails to weaken UK’s appetite for Greggs’ pasties
Greggs’ new focaccia-style pizzas were popular over the summer months, as was the company’s drinks range – unsurprising given the prolonged period of warm weather