(ShareCast News) - The relative under-performance of British Land's shares in recent months is arguably a tell for heightened risk aversion among investors, says the Financial Times' s Lex column. It pointed to the 23 June referendum that would decide whether the UK continued as part of the EU, and
Read more(ShareCast News) - Marks & Spencer shares were given a 'hold' rating by Questor in the Sunday Telegraph. Last week, recently promoted boss Steve Rowe began to cut the senior management cloth to suit his new regime, though we will not know his true plans until final results are posted on 25 May. Rowe
Read moreLONDON, May 12 (Reuters) - The new boss of British clothing and food retailer Marks & Spencer has shaken-up the responsibilities of his executive team and simplified the firm's management structure as he seeks to speed-up decision making. Steve Rowe, who succeeded Marc Bolland as chief exec
Read more(ShareCast News) - British retail sales in April fell on a like-for-like basis compared to last year, with non-food sales outweighing positive food sales. The monthly Retail Sales Monitor (RSM) from the British Retail Consortium (BRC) and KPMG showed total sales were flat for a second month in a row
Read more* Sees risk of worse sales decline this year * Erratic British weather clouds picture * Lowers forecast range for annual profit (Adds CEO comments, analyst comments, share price) By Sarah Young LONDON, May 4 (Reuters) - Next, Britain's most successful clothing retailer o
Read more* Internal and external candidates considered for CEO job * CEO Michael Sharp formally resigns * First-half profit beats expectations * Shares up 3.2 pct (Adds chairman, CEO comment, shares) By James Davey LONDON, April 14 (Reuters) - Debenhams, Britain's second-la
Read moreLONDON, April 11 (Reuters) - Debenhams, Britain's second-largest department store group, said it was close to naming a new boss as it beat forecasts with an 5.5 percent rise in first-half profit, putting it on track to meet full-year expectations. Last October Michael Sharp announced he pla
Read more(ShareCast News) - Liberum initiated coverage of seven consumer discretionary stocks on Wednesday, including Marks & Spencer, Dixons Carphone and Poundland. The brokerage highlighted a preference for companies with structural growth and margin upside supported by self-help. "Balance sheet strength
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