Marks & Spencer Share News (MKS)

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

Marks & Spencer profits plummet as Rowe plans overseas retreat

(ShareCast News) - Marks & Spencer held its interim dividend flat after first-half profits plunged as new chief executive Steve Rowe closed the defined benefit pension scheme and announced a £550m investment plan to close 113 stores in the UK and overseas to try and return the retailer to profitable

Tuesday preview: M&S to report drop in first half profits

(ShareCast News) - Marks & Spencer reports its first half results on Tuesday as the retailer undergoes a major restructuring to turn around its struggling general merchandise business. The company is expected to report another drop in profits as chief executive Steve Rowe implements his turnaround p

Britain's FTSE falls after UK government loses Brexit ruling, BoE decision

* FTSE 100 down 0.8 pct * Sterling surge dents demand for blue chips * Mid caps rally in biggest outperformance since 2009 * Mining stocks among biggest fallers (Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets) By Alistair Smou

Britain's FTSE falls after British government loses Brexit ruling, BoE decision

* FTSE 100 down 0.6 pct * Sterling surge dents demand for blue chips * Mid caps rally in biggest outperformance since 2009 * Mining stocks among biggest fallers (Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets) By Alistair Smou

Britain's FTSE falls after British government loses Brexit ruling

(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 down 0.3 pct * Mining stocks among biggest fallers * Mid-caps rally, led by Inmarsat By Kit Rees LONDON, N