Marks & Spencer Share News (MKS)

British food industry needs access to labour post-Brexit, bosses say

LONDON, Dec 1 (Reuters) - The bosses of Sainsbury's , Marks & Spencer and Morrisons have said Britain's food and supermarket sector will need continued access to EU migrant labour after the country leaves the European Union. The heads of companies which employ 925,000 people in Britain's fo

Investec downgrades M&S, highlights poor visibility of 5-year plan

(ShareCast News) - Investec downgraded Marks & Spencer to 'sell' from 'hold' and cut the price target to 290p from 315p. "Mr Rowe's strategy to reshape UK space/International is effectively a five-year restructuring story with poor near term profit and cash visibility, implemented against a consumer

Britain's FTSE index slips as Trump rally falters

* FTSE 100 closes down 0.6 percent * Banks and energy shares lead declines * Utilities gain as investors back safe stocks (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) By Pe

Moody's Affirms Marks & Spencer Credit Ratings With Stable Outlook

Britain's FTSE closes off highs as utilities shares fall

(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) * FTSE 100 index closes 0.3 pct higher * Utilities down on rising bond yields * Taylor Wimpey gains after update By Atul Pr

Broker tips: Marks & Spencer, Tesco, SIG

(ShareCast News) - Citigroup upgraded Marks & Spencer to 'buy' from 'neutral' and lifted the price target to 365p from 325p as it said downside was limited and the UK strategy presents upside. The bank said that while it remains cautious about the company's strategy to sustainably reignite sales gro

Citi ups Marks & Spencer to 'buy', notes limited downside

(ShareCast News) - Citigroup upgraded Marks & Spencer to 'buy' from 'neutral' and lifted the price target to 365p from 325p as it said downside was limited and the UK strategy presents upside. The bank said that while it remains cautious about the company's strategy to sustainably reignite sales gro

Britain's FTSE rallies as DCC, Taylor Wimpey buoyed by earnings

(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) * FTSE 100 up 1 pct * DCC soars after results * Taylor Wimpey also gains after update * Greencore Group leads mid caps afte

Mrs M&S to the rescue as Rowe goes back to basics

By Adela Suliman LONDON, Nov 8 (Reuters) - Marks & Spencer chief Steve Rowe believes "Mrs M&S" can save Britain's biggest clothing chain as it retreats from the battle for younger shoppers who increasingly favour fast fashion trailblazers such as Zara. If shoppers at the flagship M&S

LONDON MARKET CLOSE: Markets Stand Still Awaiting US Election Outcome

Britain's FTSE supported by AB Foods as U.S. election looms

* FTSE 100 up 0.5 pct at close * Primark owner beats expectations * Marks and Spencer to close stores * Imperial Brands drops after results (Adds detail and quote, updates prices at close) By Kit Rees and Alistair Smout LONDON, Nov 8 (Reuters) - Britain's top share

UPDATE 4-Britain's M&S to close stores, cut back on clothing

* Retailer to close about 30 UK stores, switch 45 to food only * Will shut 53 stores in 10 international markets * First half profit falls 19 pct * New CEO seeks to reduce reliance on clothing business * Shares down 6 percent (Adds short interest data) By James Dav

LONDON BRIEFING: AB Foods Leads Gainers In Nervous Market

M&S will not raise prices to offset Brexit-induced drop in the pound

LONDON, Nov 8 (Reuters) - British retailer Marks & Spencer does not plan to raise its prices on clothing and other goods to compensate for the fall in the pound caused by the Brexit vote, its chief executive said on Tuesday. "We've obviously got currency pressures that have come onto us re

Britain's M&S to close stores as profits fall

LONDON, Nov 8 (Reuters) - Britain's Marks & Spencer said on Tuesday it would shut stores at home and abroad, with its new chief executive seeking to cut costs as part of a revival plan. The clothing and food retailer said it would reposition about 25 percent of its UK clothing and home spa