Wolverhampton & Dudley Breweries said it was still looking for acquisitions and would continue share buybacks. The Daily Telegraph said the company reported like-for-like sales in its leased and tenanted pubs up 1% in the 15 weeks to January 15. Like for likes at its managed pubs rose 0.3%, the newspaper said. The Times said like-for-like sales in the managed pubs rose 1% and operating margin was above last year. The shares closed down 37p at £12.36. The Daily Telegraph 21/01/06 page 31 The Times 21/01/06 page 54 (Need to know)