Marks & Spencer surprised the market with a boardroom reshuffle on Monday afternoon, although it has received a mixed reception from retail sector observers. Multi-Channel Director Laura Wade-Gery has been given responsibility for all the company's UK high street stores, in addition to the former
Read morePresident Petro Poroshenko declared an end to a cease-fire in eastern Ukraine late Monday and the beginning of a new attack to "liberate our land" from pro-Russia rebels, ignoring pressure from Moscow to extend the 10-day-old truce and dealing a blow to hopes for talks. The decision to use the army
Read more(Adds detail, background) LONDON, June 30 (Reuters) - British retailer Marks & Spencer said on Monday it would increase the responsibilities of the five key executives under Chief Executive Marc Bolland as part of a restructuring of its management team aimed at driving greater accountabili
Read moreLONDON, June 30 (Reuters) - Britain's Marks & Spencer on Monday announced several changes to its executive team's responsibilities, promoting Laura Wade-Gery, the executive director of multi-channel, to assume responsibility for the whole of UK retail. Britain's biggest clothing retailer,
Read more(Adds quotes from investors) By James Davey LONDON, June 27 (Reuters) - Shareholders at Tesco's annual meeting berated the British retailer's board on Friday for the low share price, poor results and questioned whether the management knew what they were doing. "You just have no
Read moreCanaccord Genuity has upgraded Barclays from 'hold' to 'buy', hailing the bank's recent restructuring efforts. Analyst Arun Melmane said that plans, which include reducing the size of the investment bank to 30% of risk weighted assets from the current 51%, should contribute to a re-rating of the sh
Read moreInvestec has trimmed its target price for Marks & Spencer (M&S) ahead of the department store chain's first-quarter statement next month, but has kept a 'buy' rating on the stock, saying that its valuation remains "undemanding". The broker has cut its target for the shares from 550p to 510p after l
Read moreLONDON (Alliance News) - Retailer Marks and Spencer Group PLC Wednesday said Chief Executive Officer Marc Bolland exercised options over 2,821 shares at an option price of 319 pence per share under a save-as-you-earn scheme. Following this transaction, Bolland holds 498,111 shares. Sh
Read more