Marks & Spencer Share News (MKS)

Tuesday broker round-up

(ShareCast News) - Vodafone: HSBC reiterates buy with a target price of 280p. Melrose: UBS upgrades to buy, 200p target. Marks & Spencer: Deutsche Bank keeps at hold with a 350p target. Shire: Berenberg reiterates buy with a 5800p target. Next: Deutsche Bank keeps at buy with a 5950p target. Llo

Thursday newspaper round-up: SME confidence, ECB, insurers, SAB

(ShareCast News) - Confidence among small businesses is at a four-year low because of concerns among companies that the economy will weaken as Britain prepares to leave the European Union. A survey by the Federation of Small Businesses has revealed that confidence has fallen for the third consecutiv

UK clothing retailer Bonmarche's shares dive after profit warning

LONDON, Sept 21 (Reuters) - British women's clothing retailer Bonmarche warned on profit on Wednesday as unseasonably hot September weather hit demand, hammering its stock price. Shares in Bonmarche, which predominantly serves the 50 plus women's clothing market, fell up to 31 percent, taki

Britain's FTSE rises as Morrison rally offsets Next slump

* FTSE 100 up 0.9 pct at close * Morrisons soars after results * Next is worst FTSE 100 performer (Recasts, adds detail and quote, updates prices) By Adela Suliman and Atul Prakash LONDON, Sept 15 (Reuters) - Britain's top equity index rose on Thursday, led higher by a j

M&S says Laura Wade-Gery won't return after maternity leave

LONDON, Sept 12 (Reuters) - One of British retailer Marks & Spencer's most senior directors is to leave the firm following a year out of the business on maternity leave. The clothing and food group said on Monday Laura Wade-Gery, executive director, multi-channel, will not return following

FTSE 100 movers: Rate fears weigh on banks

(ShareCast News) - UK blue chips were mostly in the red on Monday as investors got in a tizzy as they feared various economic and political possibilities across the Atlantic at the end of last week, sending London-listed financial stocks lower in particular. With worries about the US Federal Reserv

BROKER RATINGS SUMMARY: Goldman Takes Centrica And Burberry Off List

CORRECTED-Microsoft offers wide range of cloud services from UK datacentres

(Company corrects number, paragraph 7) By Eric Auchard LONDON, Sept 7 (Reuters) - Microsoft Corp is introducing a complete set of cloud services from data centres in Britain, its second biggest market for cloud-based software after the United States, as demand for data localisation sp

Tuesday broker round-up

(ShareCast News) - Marks & Spencer: Goldman Sachs reiterates sell with a target price of 315p. Bunzl: RBC maintains underperf orm with a 1950p target. Mediclinic: UBS keeps at buy with a 1170p target. Ultra Electronic: Berenberg reiterat es buy with a 2000p target. Associated British Foods: Goldm

UPDATE 1-M&S plans head office jobs cull as new boss seeks savings

* Plans to cut London HQ roles by 525 * Also wants to cut London IT, logistics roles by 400 * Says moves would cut UK cost base by 1 pct (Adds detail, background) LONDON, Sept 5 (Reuters) - British retailer Marks & Spencer plans to cut a net 525 jobs from its London head offi

Marks & Spencer announces plans to cut around 525 jobs

(ShareCast News) - Marks & Spencer has announced proposals to cut around 525 jobs as it looks to make savings following a detailed review. In a bid to "reshape and redefine" the organisation, M&S is planning to cut the number of head office roles by around 525 and move around 400 jobs across IT and

M&S confirms plans to cut 525 head office jobs

LONDON, Sept 5 (Reuters) - British retailer Marks & Spencer said on Monday it plans to cut a net 525 roles from its London head office as new Chief Executive Steve Rowe moves to simplify the business. The clothing and food group also plans to reduce the number of roles permanently based in

Sunday newspaper round-up: IPO frenzy, sterling shorts, M&S, Morrisons

(ShareCast News) - The City of London is girding itself for a £30bn frenzy of initial public offers (IPOs) in coming months as backers look to profit from the London stock market's impressive recovery since the Brexit vote. Flotations including the £10bn City debut of mobile operator O2, a £1.5bn is

UPDATE 1-M&S to cut 500 head-office jobs next week -Sky

(Adds M&S statement) LONDON, Sept 3 (Reuters) - British retailer Marks & Spencer will cut 500 jobs at its head office next week as its new chief executive Steve Rowe tries to halt a slump in sales, Sky News reported on Saturday. It said M&S is to axe around 15 percent of the roles at

M&S to cut 500 head-office jobs next week -Sky

LONDON, Sept 3 (Reuters) - British retailer Marks & Spencer will cut 500 jobs at its head office next week as its new chief executive Steve Rowe tries to halt a slump in sales, Sky News reported on Saturday. It said M&S is to axe around 15 percent of the roles at its headquarters in Paddin