Marks & Spencer Share News (MKS)

London close: FTSE ends higher ahead of Fed meeting result

Investors showed a degree of confidence in the Wednesday session as markets awaited the outcome of the latest Federal Open Market Committee (FOMC) meeting. Steady gains were seen throughout much of the session, with a slight weakening towards the close, although the Footsie ultimately closed up 51.7

FTSE 100 movers: JP Morgan comments lift Intertek

JP Morgan analysts Robert Plant, Chris Gallagher and Jolyon Wellington on Wednesday reiterated their 'overweight' recommendation on shares of testing services firm Intertek following a sales meeting with the company's chief executive officer, Wolfhart Hauser, on Tuesday afternoon. "It was an interes

UK Earnings, Trading Statements Calendar - Week Ahead

UK MIDDAY BRIEFING: Clothing Retailers Hit By Next Warning

UK WINNERS & LOSERS: Next Warning Sends Clothing Retailers Lower

MARKET COMMENT: UK Shares Rise But Next Warning Hits Fashion Retailers

UPDATE 2-UK's Next cuts profit guidance as sales feel the heat

* Q3 sales up 5.4 pct vs 10 pct f'cast * Q4 sales growth f'cast cut to 1 pct * FY profit range cut to 750-790 mln stg * Shares down as much as 4.4 pct (Writes through, adds shares, comments) By Neil Maidment LONDON, Oct 29 (Reuters) - Britain's No.2 clothing retail

UPDATE: Next Cuts Forecasts As Warm Weather Keeps Shoppers Away

Shares in UK clothes retailers down after Next cuts guidance

LONDON, Oct 29 (Reuters) - A cut in profit guidance at Next due to disappointing winter clothing sales in an unseasonable warm autumn dragged shares in British peers Marks & Spencer and Debenhams lower on Wednesday. Next was the biggest loser in the FTSE 100 index in early trading, down 3.

New Tesco boss Lewis gets "golden hello" share options

By Neil Maidment LONDON, Oct 27 (Reuters) - Embattled British retailer Tesco Plc has handed its new boss Dave Lewis a potentially lucrative "golden hello", awarding him options for 1.66 million shares to compensate for benefits he surrendered when he quit his previous job. The options

UK BROKER RATINGS: Jefferies Cuts Lloyds To Underperform From Hold

Monday broker round-up UPDATE

African Barrick Gold: Westhouse Securities cuts target price from 285p to 230p maintaining an add rating. Antofagasta: Westhouse Securities reduces target price from 805p to 720p retaining its neutral rating. Centamin: Westhouse Securities shifts target price from 65p to 70p upgrading to buy. DCC:

Broker tips: Petrofac, M&S, Travis Perkins

Liberum has maintained its cautious stance for oilfield services group Petrofac, but said that the company's third-quarter update on Friday should reassure investors. The broker reiterated its 'hold' rating and 1,112p target price for the stock. However, it said: "The market generally expected Petro

Hopes for turnaround fading at M&S, says Credit Suisse

Credit Suisse has slashed its target price for the shares of Marks & Spencer by 15%, saying it sees "few signs of recovery" at the high street department store chain. The bank has cut its target from 425p to 360p and repeated an 'underperform' rating on the stock. It believes hopes are fading for a

UK BROKER RATINGS: SocGen Upgrades Tullow Oil To Buy From Hold