Marks & Spencer Share News (MKS)

LONDON MARKET OPEN: Financials lead decline in FTSE 100; M&S jumps

(Alliance News) - Stock prices in London opened firmly in the red on Tuesday, following a mixed UK jobs print, and the latest stream of weak data from China.

TOP NEWS: UK grocery price inflation eases; Ocado loses market share

(Alliance News) - Grocery price inflation in the UK cooled by just over two percentage points to 12.7% in the four weeks that ended August 6, the second sharpest slowdown in price in 15 years, according to survey data from Kantar, with staples such as milk and vegetable oil seeing price cuts.

Britain's M&S raises profit outlook after strong trading

Now expects profit growth in 2023-24 year

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TOP NEWS: Marks & Spencer shares boosted by rosy outlook

(Alliance News) - Marks & Spencer Group PLC shares were up on Tuesday, after it shared an improved outlook for its financial year.

Britain's M&S raises profit outlook after strong trading

Now expects profit growth in 2023-24 year

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London open: Housing stocks pull FTSE lower on rate-hike fears

(Sharecast News) - The FTSE 100 dropped in early trade on Tuesday as investors reacted to an unexpected acceleration in UK wage growth and a surprise interest rate cut in China.

LONDON BRIEFING: L&G profit falls on investments; M&S outlook rosy

(Alliance News) - Stocks in London are expected to edge up at Tuesday's open, as investors weigh the latest economic data from the UK and Asia.

London pre-open: FTSE 100 to bounce off one-month low

(Sharecast News) - London stocks were set for a slight rebound on Tuesday morning after falling to a one-month low, as investors digested some key data from the UK labour market, and a surprise rate cut in China overnight.

M&S lifts guidance as food, clothing sales surge

(Sharecast News) - UK food, clothes and homewares retailer Marks & Spencer on Tuesday lifted guidance for half-year profits after strong sales growth in the first 19 weeks of its financial year, sending its shares soaring.

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Zara owner Inditex says it will stop buying clothes from Myanmar

LONDON, July 27 (Reuters) - Zara owner Inditex is in the process of stopping purchases from Myanmar, the company told Reuters on Thursday, as a result of a campaign by global workers' union IndustriALL to convince companies to divest from the country.

Ocado jumps on return to first-half underlying profit

First-half underlying profit 16.6 mln stg

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Ocado hits five-month high after return to profit, keeping guidance

LONDON, July 18 (Reuters) - Ocado shares surged on Tuesday after the British online supermarket and technology group kept its financial guidance for the year as it reported a return to underlying profit in its first half.

TOP NEWS: UK grocery price inflation ebbs at fastest pace since peak

(Alliance News) - UK grocery price inflation calmed once again, market research from Kantar showed on Tuesday, while supermarket sales got a boost from more summer staples such as hay fever medication and strawberries moving through the tills.

TOP NEWS: Ocado backs outlook and hails "good progress" in half-year

(Alliance News) - Ocado Group PLC on Tuesday affirmed yearly guidance with both its grocery and warehouse technology arms seeing half-year revenue growth.