Marks & Spencer Share News (MKS)

LONDON MARKET MIDDAY: Stocks Extend Bull Run Ahead Of US Banks Updates

UPDATE 4-Britain's M&S beats forecasts with clothing growth

* Third-quarter clothing and homewares sales up 2.3 pct * Food sales rise 0.6 pct, also beating expectations * First market share gain for full-price clothing in seven years * Retailers enjoy positive Christmas but outlook uncertain (Adds futher CEO quote, updates shares) <

Britain's Marks & Spencer beats Christmas forecasts

LONDON, Jan 12 (Reuters) - Marks & Spencer soundly beat forecasts for Christmas trading as it reported its first quarterly rise in underlying clothing and homeware sales in nearly two years, delivering a boost to new boss Steve Rowe. Clothing & Home like-for-like sales rose 2.3 percent in t

M&S clothing sales finally bounce as Rowe's plans take effect

(ShareCast News) - Marks & Spencer posted a strong third quarter trading update, including a long-awaited sales increase from its troubled clothing business, as the retailer continues to roll out chief executive Steve Rowe's five-year plan to improve productivity. For the quarter ending on 31 Decemb

Thursday preview: Tesco to reveal recovery in third quarter trading update

(ShareCast News) - Tesco is expected to report a healthy third quarter trading update on Thursday as the supermarket begins to see improvements on the back of its turnaround plan. Citi expects Tesco to report UK like-for-like sales growth of 1.8% in the 13 weeks to 26 November, with a 0.3% increase

UK department store House of Fraser reports 2.7 pct rise in sales

LONDON, Jan 11 (Reuters) - British department store House of Fraser on Wednesday reported a 2.7 percent rise in underlying sales over the Christmas period, helped by record trading in the last two weeks of December. House of Fraser also said that Black Friday sales rose 2.7 percent compared

No let-up for non-food retailers in 2017, Fitch warns

(ShareCast News) - Rating agency Fitch said it expects non-food retailers' profitability and free cash flow to remain weak in 2017. Reinforced by recent reports from Next and against a background of poor industry data, as typified by the BRC statistics released on Tuesday, the agency said the market

Monday broker round-up

(ShareCast News) - Reckitt Benckiser: Berenberg reiterates hold with a target price of 7300p. EnQuest: Jefferies upgrades to buy with a 64p target. Booker: HSBC stays at buy with a 220p target. Anglo American: Barclays reiterates overweight with a 350p target. ICAP: HSBC upgrades to buy with a 52

UPDATE 1-UK retail sales edge lower in Dec, price pressures spiral -surveys

* UK retail sales cool slightly in Dec, despite Christmas surge * Retailers expect prices to spiral higher in next few months * EC survey shows record increase in shop price inflation gauge (adds European Commission figures) By James Davey and Andy Bruce LONDON, Jan 6 (R

UK retail sales edge lower in December - BDO

LONDON, Jan 6 (Reuters) - A spending spree by British shoppers in the week before Christmas failed to prevent sales in December from falling short of the previous year's level, industry data showed on Friday. Robust growth in consumer spending has been one of the main factors sustaining Bri

FTSE 100 movers: Persimmon update lifts builders, JP Morgan dents insurers

(ShareCast News) - Housebuilding shares led the FTSE 100 higher for the second day, with Persimmon head of the pack as it issued a bullish year-end update. Ahead of full year results due on 27 February, Persimmon said revenues for calendar 2016 were 8% ahead of the previous year, as sales growth for

RPT-Investors balk at "squeezed middle" of UK retail firms

(Repeats with no changes to text) * Next has worst start to trading in 25 years * Weaker pound, online shopping hurt traditional retailers * Short-selling ticks higher in Debenhams, M&S By Alasdair Pal LONDON, Jan 4 (Reuters) - The worst start to a trading year for N

European shares finish slightly lower as Next slumps

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon - see cpurl://apps.cp./cms/?pageId=livemarkets) * STOXX Europe 600 closes 0.1 percent lower * Next shares sink after profit warning * Credit Suisse leads banks higher By

Britain's FTSE steadies near record high, Next slumps

* FTSE 100 steadies at the close * Next tanks after profit warning * Housebuilders find support (Updates at market close) By Helen Reid and Kit Rees LONDON, Jan 4 (Reuters) - Britain's top share index closed slightly firmer and near a record high on Wednesday as a rally

Investors balk at "squeezed middle" of UK retail firms

* Next has worst start to trading in 25 years * Weaker pound, online shopping hurt traditional retailers * Short-selling ticks higher in Debenhams, M&S By Alasdair Pal LONDON, Jan 4 (Reuters) - The worst start to a trading year for Next PLC shares since 1991 underscores th