Marks & Spencer Share News (MKS)

New Marks & Spencer boss starts with familiar sales decline

LONDON, April 7 (Reuters) - British retailer Marks & Spencer on Thursday reported another fall in quarterly underlying sales in its clothing division, illustrating the extent of the challenge facing its new boss. Steve Rowe succeeded Marc Bolland as chief executive of the 132-year-old clot

Broker tips: M&S, Kingfisher, ITE Group

(ShareCast News) - Ahead of Marks & Spencer's results on Thursday, Berenberg reiterated its 'sell' recommendation and cut its earnings forecasts for the next three years due to the continuing decline in clothing sales. Thursday's fourth-quarter results for the three months to 31 March 2016, coming a

UPDATE 2-New M&S boss Rowe keeps control of clothing division

* Steve Rowe started as CEO on April 2 * Says won't appoint executive director general merchandise * M&S to publish Q4 trading update on April 7 * General merchandise like-for-like sales seen down 3.4 pct * Food like-for-like sales seen up 0.3 pct (Adds detail, analysts'

Marks & Spencer still a 'sell' for Berenberg as new CEO Rowe takes over

(ShareCast News) - Ahead of Marks & Spencer's results on Thursday, Berenberg reiterated its 'sell' recommendation and cut its earnings forecasts for the next three years due to the continuing decline in clothing sales. Thursday's fourth-quarter results for the three months to 31 March 2016, coming a

PRESS: New Marks & Spencer CEO To Continue Leading General Merchandise

New M&S boss Rowe to continue to run general merchandise

LONDON, April 4 (Reuters) - Steve Rowe, the new chief executive of British retailer Marks & Spencer, is to continue to lead the firm's general merchandise division and will not appoint a new executive director for the unit. Rowe succeeded Marc Bolland as CEO on Saturday, stepping-up from hi

Earnings, Trading Statements Calendar - Week Ahead

LONDON MARKET MIDDAY: Weak Dollar Prompts Commodity-Supported Rally

WINNERS & LOSERS SUMMARY: McCormick Spices Up Offer For Premier Foods

BROKER RATINGS SUMMARY: Jefferies Adjusts Ratings On Retailers

BUZZ-UK retailers: Jefferies sees faltering consumer confidence

** Jefferies cuts Poundland to underperform and M&S , Debenhams and Dunelm to hold ** Broker reckons on growing unemployment fear risk in the UK and expects consumer confidence to fall ** Marks & Spencer top UK blue-chip faller, down >1%; broker cuts PT to 410p vs 660p ** Dunelm

LONDON MARKET OPEN: Premier Foods Rises As McCormick Whips Up New Bid

Jefferies upgrades Next, downgrades M&S as it reviews retailers

(ShareCast News) - Jefferies reviewed its ratings on London-listed retail stocks as it took a look at UK general retailers. "Retailers are facing many headwinds in 2016/17 and the sector has already lost its PER premium, however, while Brexit and FX are known issues there's a growing unemployment fe

LONDON BRIEFING: Premier Foods Receives Higher US Takeover Offer

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