Marks & Spencer Share News (MKS)

Jefferies upgrades Next, downgrades M&S as it reviews retailers

(ShareCast News) - Jefferies reviewed its ratings on London-listed retail stocks as it took a look at UK general retailers. "Retailers are facing many headwinds in 2016/17 and the sector has already lost its PER premium, however, while Brexit and FX are known issues there's a growing unemployment fe

LONDON BRIEFING: Premier Foods Receives Higher US Takeover Offer

LONDON MARKET CLOSE: Oil Price Fall Pins FTSE 100 In The Red

Sector movers: Next knocked off its perch again by slowdown in UK, global growth

(ShareCast News) - Retailers registered the largest losses on the Footsie after Next cautioned that 2016 might be its toughest year since 2008 and downgraded its revenue guidance. Shares in the Leicester-based outfit plummeted 15.09% to close at 5,655p - falling by 17.0% at one point in the day, the

UPDATE 3-Next warning of toughest year since 2008 chills sector

* Says outlook for consumer spending has deteriorated * Says Brexit uncertainty not influencing spending * Says 2016-17 profit could fall 4.5 pct in worst case scenario * Next shares slump up to 13.4 pct * Shares in M&S, Debenhams, Primark all lower (Adds detail, analyst

BROKER RATINGS SUMMARY: Goldman Sachs Starts Ascential With Buy Rating

UPDATE 2-New stores, fashions boost Ted Baker's profit

* Full-year pretax profit up 18.6 pct * Company opened stores in Azerbaijan, Mexico, Qatar * Initial reaction to spring/summer collections "positive" * Raises total dividend to 47.8 pence (Adds finance director comments, details, share price) By Aastha Agnihotri Ma

LONDON MARKET CLOSE: Stocks Take Back Post-ECB Drop But End Week Down

DIRECTOR DEALINGS: Marks & Spencer Chairman Buys 3,000 Shares

LONDON MARKET MIDDAY: Old Mutual Misses Out As Financial Stocks Rally

Broker tips: Imagination Technologies, M&S, Anglo American

(ShareCast News) - Imagination Technologies surged on Friday after N+1 Singer upgraded the stock to 'buy' from 'hold' and lifted the price target to 191p from 151p following a visit to the company's headquarters in Kings Langley. In its last note, N+1 outlined a scenario where the group reduced rese

WINNERS & LOSERS SUMMARY: Old Mutual Slips Back As Break Up Confirmed

BROKER RATINGS SUMMARY: Goldman Promotes Shell To Conviction Buy List

BofA Merill downgrades M&S as apparel recovery remains "elusive"

(ShareCast News) - Bank of America Merrill Lynch downgraded Marks & Spencer to 'underperform' from 'neutral' and slashed the price target to 385p from 480p saying a recovery in apparel remains elusive. The bank downgraded its full year 2017 and 2018 earnings per share estimates by 5%, putting it 7%

LONDON MARKET OPEN: Old Mutual To Split As ECB Stimulus Lifts Stocks