Stock Market

Jonathan Adnams: refutes GPG support

Adnams refutes Guinness Peat reform support

By Ewan Turney

Adnams has claimed the majority of its shareholders are happy with its current share structure, despite claims by influential shareholder Guinness...

Thomas: targeting 60 towns

95.5% take-up on Luminar share offer

By Ewan Turney

Nightclub operator Luminar Leisure has announced a 95.5% take-up from shareholders on its plan to raise £35.75, through a new share issue. On 31...

Town & City: financial restructuring

Town & City Pub Company restructures

By Tamara Sender, M&C Report

Commerzbank has acquired an equity stake in Town & City Pub Company from Kaupthing, the state-controlled Icelandic bank.

Punch is hoping to raise cash

Punch Taverns hoping to raise £350m

By Ewan Turney

Punch Taverns has announced its intention to raise £350m via a firm placing and an open offer of new ordinary shares and use the cash to make a...

Clarke: M&B boss has resigned

How M&B hedge cost top job

By The PMA Team

Mitchells & Butlers boss Tim Clarke quit last week after fresh hedge losses. The PMA Team looks at the background.

Geoff Collyer

The analysts

By The PMA Team

The analysts Geof Collyer Deutsche Bank, Jamie Rollo Morgan Stanley, Mark Brumby Blue Oar Securities, Douglas Jack, Numis Securities Paul Hickman,...

Greene King: likely to shed 100 pubs

Analyst: Greene King to sell 100 pubs

By The PMA Team

Greene King is likely to sell around 100 tenanted pubs from its estate, according to Numis Securities analyst Douglas Jack. The analyst has...

Punch: suffered share price decline

Analyst: Punch shares could hit 10p

By Ewan Turney

Punch's day of woe finished with share prices reaching an all time low of 39.75p — a drop of over 30% — one analyst warned they may hit 10p.

Industry meltdown?

Industry meltdown?

By Hamish Champ

Lemmings. That's how one City analyst described the investment community last week as shares in pubcos - and most other listed companies - dived...

Dear Prudence?

Dear Prudence?

By Hamish Champ

When Greene King published its trading update on Tuesday of last week its shares immediately shot up, to the bewilderment of even some of the City's...

Enterprise profits down 11%

Enterprise profits down 11%

By Ewan Turney

Enterprise Inns has recorded an 11% slump in profit before tax for the six months to 31 March