JD Wetherspoon nudges higher as it lifts full-year expectations once again
“Although there are still 7 weeks left of the current 53-week financial year, we anticipate a slightly better trading outcome than was foreseen at the last update”
Company
JD Wetherspoon PLC
LON:JDW
J D Wetherspoon plc is a United Kingdom-based company engaged in the development and management of public houses. The Company owns and operates pubs throughout the United Kingdom.
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Citigroup cuts stance on JD Wetherspoon on valuation grounds, and amid concern over UK consumers
In a note to clients, the US bank’s analysts said: “Since early July 2016 JDW’s share price has increased 50% and the shares are now trading close to our 1,030p target price.”
Wetherspoon's boss launches another tirade against the CBI, as he forecasts a “slightly improved” trading outcome
The pubs group's chairman, Tim Martin, used the group’s third-quarter trading update to lambast the “current desperation of the CBI and others for a 'deal'” over Brexit
FTSE 100 dragged lower as Brexit worries whirl; Sainsbury's weighs
The FTSE 100 closed 15.52 down at 7,234 with Sainsbury's and mining shares under pressure
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Deterioration of conditions for grocers eyed in updates from Sainsbury and Ocado
Day ahead; J Sainsbury, Ocado, Imperial Brands, Paddy Power Betfair ...
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HSBC may struggle to match rivals
HSBC is the last of the big four banks to report with more uncertainty over the outcome than for its UK-centric rivals.
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Elon Musk and Donald Tusk: one is popular, the other is called Donald
Openreach becomes more open; Elon Musk proposes battery farm down under; mullet-haired pub bore has a point
“Budget for dinner parties”: Wetherspoon boss slams Chancellor’s action on pubs
The pub chain enjoyed solid growth over the past six months, but as usual, the main talking point is what its boss, Tim Martin, had to say…
FTSE 100 ends higher as BT declares Openreach plans, US jobs gain
FTSE 100 stocks ended higher on Friday, led by telecoms behemoth BT after confirming it would separate Openreach
Margin worries lead two brokers to downgrade ratings for JD Wetherspoon ahead of interims
Peel Hunt has downgraded its rating for Wetherspoon to ‘reduce’ from ‘hold’ with a target price of 925p, while, Shore Capital cut its stance to ‘sell’ from ‘hold’.
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Limited wiggle in the Budget for Hammond
The Chancellor of the Exchequer may have a lower debt burden to deal with than he was expecting at the time of the Autumn Statement but he is unlikely to splurge
Greene King the pick of the pubs & restaurants sector, DB says
Deutsche Bank comes not to Bury St Edmunds, but to praise the Suffolk-based brewer
Barclays turns cautious on pubs operator Mitchells & Butlers amid worries about deteriorating cash flows
Analysts at the bank have cut their rating for M&B shares to ‘underweight’ from ‘equal-weight’ with an unchanged target price of 220p.
Peel Hunt no longer following the bear at 'Spoons
We've heard of a disguised profit warning, but disguised profits upgrades are considerably more rare
Wetherspoon cautious despite raising expections a tad
Chairman Tim Martin did not spurn the opportunity to gloat over how the predictions of doom and gloom post the Breixt vote failed to materialise
European growth anticipated for Burberry Group
“We expect Burberry’s Q3 trading update (to be released tomorrow before the market) to show similar trends to Q2," Haitong said.
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Week Ahead: Christmas hangover lingers for retailers
Among the big retail names reporting are Burberry, Halfords and Pets at Home.
Trending: Inflation genie pops his nose above the bottle top
The Four Yorkshiremen of the Apocalypse; I'm Backing Britain; Brucie; the Gnomes of Zurich; Britons to turn their back on European booze ... and other unlikely stories
JD Wetherspoon shares sink as boss criticises EU Brexit stance
Like-for-like sales increased by 3.5% in the 13 weeks to October 23 but reduced to 2.3% in the last five weeks.
Risers and fallers: Next, Sirius Minerals, Victoria Oil & Gas
Shares in Victoria Oil & Gas were up after it spudded two development wells at its Logbaba gas field in Cameroon
FTSE 100 closes down as StanChart drops again, US poll jitters
London's FTSE 100 closed sharply lower on Wednesday as Standard Chartered topped the losers' list for a second successive session, while markets grew jittery about a possible Donald Trump electoral victory
Just Eat waiting for the weather to turn
Results previews for online food ordering enabler Just Eat and house builder Persimmon
Week Ahead: BP and Shell in clash of the titans
BP & Shell are both issuing interims on Tuesday - about as likely as Taylor Swift and Katy Perry performing a duet together
Risers & Fallers: Mporium Group, Avon Rubber, Gable...
Some of the main news-driven share changes at 4.00pm
Will City toast Wetherspoons after referendum?
Pub chain set to report on any impact on consumer confidence of the referendum vote
PREVIEW: Will Dechra Pharmaceuticals live up to heightened expectations?
Dechra Pharmaceuticals, housebuilders Berkeley and Barratt, Halfords, Dixons Carphone, and JD Whetherspoon are on the agenda.
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EasyJet flies higher after Cantor upgrade
He reckons the share price fall of 40% in the year so far on concerns about trading, disruption to operations and Brexit is overdone.
J D Wetherspoon chairman says Brexit is new Magna Carta
Martin criticised individuals and institutions for doom-mongering ahead of the vote
Investments and investor services
Preview: Barratt to update on 'Brexit' housing impact
Barratt Developments PLC (LON:BDEV) was due to issue a trading statement
London stocks close at 11-month highs after S&P500 hits new record
London shares closed on Monday at their highest level in exactly eleven months, feeding off Wall Street’s record levels
Footsie gains as traders eye possible interest rate cut
The FTSE 100 Index climbed 55.17 points while M&A talk involving AstraZeneca re-emerged
Investments and investor services
FTSE 100 Index climbs as US non-farm payrolls boost sentiment
The FTSE 100 Index climbed 10.68 points to 6601.32 while the FTSE 250 rose 119.76 points to 16297.51
Week Ahead: ASOS PLC likely to welcome sterling's post-Brexit tumble
Youth-orientated fashion firms ASOS and Supergroup go head to head, while a bit further up-market Burberry may regard the Brexit fall-out as a mixed blessing
PREVIEW: What’s in store for Sainsbury's?
Sainsbury's is the next of the 'Big Four' supermarkets to reveal its financial results.
Most followed - No rarity value in Stanley Gibbons PLC paper
Also, Old Mutual, JD Wetherspoon, Rex Bionics, Oil bottoms...
JD Wetherspoon PLC boss backs Brexit as margins hit by wage rise
JD Wetherspoon boss wades into the Brexit debate yet again as wage rises hit profit margins.
Friday's agenda: JD Wetherspoon PLC profits set to lose fizz
Pub group likely to report half-year profits of £33mln, down from £37mln a year ago
Week Ahead: Argos owner could bow out on a low
Other big names reporting this week include the Pru, G4S and Paddy Power Betfair. Among small caps, updates from Telit, Forbidden Technologies and StatPro catch they eye
Oil rout sends shock-waves through London shares
The Footsie hit levels last seen in November 2012 during the session
Oil majors drag down London shares as crude prices dip
The Footsie slumped 185.4 points to 5691 as the price of a barrel of Brent crude fell 3.3%
London shares slump on oil price slide
The Footsie dipped 158.95 points to 5717 as the price of a barrel of Brent crude fell 2.9%
JD Wetherspoon lifts festive sales but warns on profit
Pub chain's like-for-like sales increased 3.3% in the period including Christmas
Look ahead: Analysts steel themselves for drop in BHP Billiton's iron output
The struggling mining giant is scheduled to release its numbers at 9.30pm on Tuesday.
JD Wetherspoon suffers cyber-security breach
Some staff details were accessed, while a limited amount of bank information relating to 100 customers was also viewed by the cyber-criminals
Wetherspoon warns on annual profits as wages rise
Pub chain blames pay hikes for lower operating margin
Risers & Fallers: Premier Oil, Glencore, Weir, Countrywide, Wetherspoon (JD), TalkTalk Telecom
Profit warnings from Countrywide and JD Wetherspoon have hit their shares but investors are pleased with Glencore's progress,
Week ahead: Marks aims to emulate Next's success
Marks reports on Wednesday, while a host of other companies report alond with a slew of economic data.
Week ahead: Will China dampen the mood ahead of Sky and Whitbread updates?
Investors will get a look at how the living wage is impacting firms when Whitbread reports on Wednesday.
Investments and investor services
FTSE 100 ends week higher despite down day
In London, the FTSE 100 ended the day around 40 points.
Top shares fall further on downbeat UK economic news
Japanese Nikkei closed down despite better third quarter business confidence
Fridays most followed, including JD Wetherspoon, New World Oil & Gas, Facebook, Goldman and oil
As the politicos and pundits eagerly await the result of the Labour leadership vote, attracting interest on the net was among other things, the oil price and pub chain JD Wetherspoon..
Top shares fall further on downbeat UK building data
Chinese stocks trod water and Japan's Nikkei closed down
Investments and investor services
Top shares fall after mixed Asian performance
Chinese stocks trod water and Japan's Nikkei closed down
Wetherspoon to expand hotel business as profits dip
Pub chain blames higher wage and utility costs for lower profits
FTSE100 called to open higher after US shares rise
London’s blue-chips are called to open higher after closing well down on Thursday, taking the cue from the US....
Hardware & electrical equipment
ARM expected to meet forecasts next week
ARM Holdings, Centrica, GKN, Wetherspoon, Afren and Gulf Keystone were all in Friday’s broker spotlight
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Thursday's most followed, including Greece, JD Wetherspoon, Sports Direct and supermarkets
Thursday's most followed, including Greece, JD Wetherspoon, Sports Direct and supermarkets
Deutsche Bank takes a knife to 'Spoon's price target
The German bank has taken a stab at estimating how badly the profits of leisure firms will be hit by the new national living wage.
Investments and investor services
FTSE 100 pauses to draw breath
It does not happen very often but the FTSE 100 finished unchanged
Investments and investor services
FTSE 100 flat on mixed UK jobs data
The UK's main index was flat, eking out a 12 point gain.
Wetherspoon blames tax and wage hikes for flat profit forecast
Pub chain hits out at government over "living wage" announcement.
Investments and investor services
FTSE 100 flat as investors wait for Greece and Yellen
The FTSE 100 opened 2 points lower to 6,751 with Burberry holding the index back
Investments and investor services
Risers & Fallers: Ophir, Minoan, Roxi, Tullow Oil, Macromac, CEB and more
There were some big fallers this afternoon but risers were hard to come by.
Investors ‘safe’ down the pub if Britain leaves Europe
Goodbody believes the sector would be a relative ‘safe haven’