General retail stocks were under the weather on Monday as investors showed nervousness ahead of results from High Street bellwether Marks & Spencer and reacted to rate-hike speculation. Shares in M&S were down 1% this afternoon before its fiscal first-quarter update due out Tuesday morning which wi
Read moreMarks & Spencer (M&S) is expected to report another fall in quarterly sales at its general merchandise division on Tuesday. The UK retailer is likely to blame the decline on its transition to a new web platform when it publishes its first quarter sales trading update, according to analysts. The g
Read moreAbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire's biggest investors in London, The Sunday Times said. Gonzalez is back in the US mulling his options after having three bid approaches turned down with the most recent va
Read moreMarks & Spencer (M&S) is forecast to report its 12th consecutive fall in quarterly sales at its general merchandise division on Tuesday. The UK retailer is expected to blame its transition to a new web platform when it publishes its first quarter sales trading update. The group is likely to post
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