(ShareCast News) - Dixons Carphone's drive to close its weakest stores helped its comparable-stores sales growth in the April quarter, but there is much more to its success, writes the Financial Times' Lex column. The mobiles, appliances and computers purveyor posted April-quarter comparable-store s
Read more(ShareCast News) - Great Portland States: Jefferies downgrades to underperform with a 650p target. Electrocomponents: RBC upgrates to sector perform with a 270p target. Marks & Spencer: Jefferies downgrades to underperform with a target price of 300p, Exane BNP Paribas downgrades to underperform wi
Read more** Retailer Marks and Spencer's shares down 0.9 pct, vs a marginally higher FTSE, as brokerages cut ratings, PTs on stock a day after CEO Rowe unveiled turnaround plan ** Jefferies, Exane BNP Paribas cut rating to "underperform", at least five other brokerages cut PT ** Shares fell 10
Read more(ShareCast News) - Financials and big oil continued to power ahead at the middle of the week as the threat from two of the market´s most recent bugbears appeared to receed a little. On Wednesday, Athens managed to clinch a deal to relieve the government´s lack of financial liquidity, while in the UK
Read more(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels. According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK stay
Read more* Progress on Greek debt relief buoys European markets * FTSE at 1-month high, up 0.7 pct at close * M&S slumps after warning of short-term profit hit (Updates prices at close) By Kit Rees and Sudip Kar-Gupta LONDON, May 25 (Reuters) - Britain's top share index climbed o
Read more* CEO Steve Rowe warns of short term profit hit * Says fixing clothing will take time * Says trading conditions difficult * Shares fall up to 10 pct (Adds detail, CEO, investor comments) By James Davey and Paul Sandle LONDON, May 25 (Reuters) - A warning from Marks
Read more* Progress on Greek debt relief buoys European markets * FTSE near 1-month high, up 0.7 pct * M&S slumps after warning of short-term profit hit (Adds detail and updates prices) By Kit Rees and Sudip Kar-Gupta LONDON, May 25 (Reuters) - Britain's top shares index climbed
Read more(ShareCast News) - The Competition and Markets Authority has accused five modelling agencies of colluding to fix their prices. The competition watchdog said that between April 2013 and March 2015, FM Models, Models 1, Premier, Storm and Viva - used by big name high street and online retailers that c
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