Marks & Spencer Share News (MKS)

BUZZ-Next: top of FTSE 100 after Q1 update

** Next up 2.7 pct, top UK blue-chip riser & at a 2-wk high in strong volume ** Keeps annual profit forecast, Q1 sales slightly ahead of own guidance, to pay another special divi ** Despite underperformance YTD (up c.7 pct YTD vs c.16 pct rise from M&S ) Jefferies sees valuation as ri

UK supermarket sector to face major grocery pricing probe by CMA

An investigation has been launched into the supermarket sector by the UK competition regulator after a "super-complaint" from consumer organisation Which? due to the industry's "misleading and opaque pricing practices". The Competition and Markets Authority will begin a probe of the grocery sector's

Data app pushes Chinese factories to cut pollution - TRFN

By Laurie Goering OXFORD, England, April 17 (Thomson Reuters Foundation) - W hen environmentalist Ma Jun set out to tackle pollution from Chinese industries, it seemed a near-impossible task. Taking polluting factories to court was difficult. Factory owners were powerful, and the ince

Next shares race up FTSE 100 after JPMorgan lifts rating to 'overweight'

UK high street retailer Next raced up the FTSE 100 index on Wednesday with shares up 2% in early trade after JPMorgan lifted its rating on the company to 'overweight' from 'neutral'. While JPMorgan favours Marks & Spencer stock on three-to-six month view for its ongoing turnaround potential, the US

BUZZ-Next best thing on FTSE 100 after broker upgrade

** JPMorgan upgrade to "overweight" vs "neutral" sends fashion retailer Next to the top of the FTSE 100 ** While broker still favours M&S on a 3-6 mth view for ongoing turnaround potential, reckons NXT could recover some of its recent underperformance between now & end-April Q1 update Read more

Tuesday broker round-up

Marks&Spencer: UBS reiterates buy and lifts target price to 625p from 590p. HSBC: Credit Suisse reiterates underweight stance and Investec its recommendation to sell. Barclays: Credit Suisse reiterates neutral and 250p target. Tesco: Deutsche reiterates buy and 275p target price. Royal Dutch Shel

BROKER RATINGS SUMMARY: Investec Downgrades HSBC To Sell From Hold

LONDON MARKET COMMENT: Stocks Lower; Aviva Leads FTSE 100 Gainers

LONDON MARKET COMMENT: Stocks Seen Down As China Imports, Exports Drop

EasyJet Poaches Findlay From Halfords To Be New Finance Chief

Sunday newspaper round-up: BAE Systems, Smurfitt Kappa, Marks & Spencer

While a change of government remains a distinct possibility, defence and aerospace giant BAE Systems has recently approached senior government figures to ask permission to hire a foreign chief executive for the first time. According to the Sunday Times, the FTSE 100 group has petitioned defence secr

WINNERS & LOSERS: Jefferies Upgrades Prop Up Property Companies

CORRECT: BROKER RATINGS SUMMARY: SocGen Cuts Kingfisher To Sell

BROKER RATINGS SUMMARY: SocGen Cuts Kingfisher To Sell From Hold

Thursday broker round-up

Marks&Spencer: Cannacord Genuity reiterates hold and tweaks price target to 530p from 525p. Antofagasta: Credit Suisse reiterates neutral stance with a 710p target. BG Group: Citigroup reiterates buy and lifts target to 1,332p. Robert Walters: Credit Suisse reiterates outperform and improves targe