Marks & Spencer ShareCast News (MKS)

London open: EVRAZ and ENRC limit gains early on

The FTSE 100 opened broadly flat on Thursday morning, with sharp falls by steel maker EVRAZ and diversified miner ENRC limiting gains, as investors paused for breath after three consecutive days of gains.
[11 Apr '13]

London pre-open: Slow start expected despite record gains in US

City sources predict the FTSE 100 will open down seven points from yesterday's close of 6,387, despite record gains seen in the US overnight.
[11 Apr '13]

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank reduces target price from 594p to 586p keeping a buy recommendation. Investec cuts target price from 438p to 411p, while its buy recommendation remains unchanged.
[11 Apr '13]

Marks & Spencer unveils fall in clothing sales

Marks & Spencer has unveiled a fall in clothing sales in the fourth quarter despite a rise in food revenues.
[11 Apr '13]

Thursday newspaper round-up: Stobart, M&S, Energy bills...

"The corporate governance crisis at Stobart deepened last night with the resignation of its senior City broker," The Times writes. The paper says that Investec walking away from the transport and logistics firm a week after the ousting of its Chairman, who was only on the job for 71 days.
[11 Apr '13]

Thursday preview: M&S and WH Smith to report

Marks & Spencer will be in the spotlight on Thursday morning as it unveils its fourth-quarter sales figures.
[10 Apr '13]

London close: Stocks trim losses as bank-run fears subside

After registering sharp declines early on, stock markets across Europe had clawed back losses by the close of trade on Monday, as concerns of a contagious bank run across the Eurozone periphery were eased.
[18 Mar '13]

FTSE 100 movers: M&S leads risers on Qatar rumours

Takeover speculation at M&S stepped up a gear this weekend with Qatar's sovereign wealth fund thought to be mulling a bid for the High Street giant worth eight billion pounds. According to the Sunday Times, the Qatar Investment Authority is said to be assembling a consortium of private-equity investors and has spoken to banks about financing a potential offer. A potential offer is thought to value M&S's shares, which closed Friday's session at 372.5p, at a price of 500p each.
[18 Mar '13]