British department store chain Marks & Spencer (M&S) is expected to underwhelm with its latest trading update on Thursday.
The FTSE 100 company is widely expected to post a decline of 1% in its clothing division in the first three months of the year, while sales within the Food division are forecas
The Financial Conduct Authority ignored Bank of England warnings that it had created a false market in insurance shares for more than five hours, the Sunday Times writes. A newspaper report that the FCA planned a clampdown on insurance policies going back up to 30 years caused shares of Legal & Gene
* McIlwee exit adds pressure on struggling grocer * Decision follows months of speculation * Some analysts say McIlwee seen as a scapegoat * Tesco struggling versus discount chains
(Adds comment, shares, background) By James Davey and Neil Maidment LONDON, April 4
- US non-farm payrolls up 192,000 in March
- UK car registrations rise to best level in a decade
- Insurers recover after recent falls
techMARK 2,770.41 -0.01%
FTSE 100 6,695.55 +0.70%
FTSE 250 16,433.67 +0.52%
UK stocks ended the week on a buoyant note, although below the 6,700 level surpassed ea
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies.
Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Retail stocks were trading lower on Friday with heavyweights Marks & Spencer and Tesco providing a drag on the sector.
M&S was off shopping lists today after Goldman Sachs retained its 'sell' recommendation for the British department store chain, saying that the business could feel the heat from th
Shore Capital has retained its neutral stance on the shares of Royal Bank of Scotland but said that the appointment of Ewen Stevenson as its new Head of Finance is 'positive news'.
Analyst Gary Greenwood said: "We view this as positive news as it removes uncertainty around the position and should t
- Expectations high for US non-farm payrolls
- 200k increase expected in March, jobless rate seen lower
- easyJet traffic grows, RBS appoints new CFO
- Retailers fall, including Tesco and M&S
techMARK 2,774.68 +0.14%
FTSE 100 6,678.29 +0.44%
FTSE 250 16,414.01 +0.40%
UK stock markets were putting
Goldman Sachs has retained its 'sell' recommendation for British department store group Marks & Spencer (M&S), saying that the business is not exempt from increasing competition in the UK grocery market.
In a research report dated April 3rd, the bank added the stock to its 'Conviction Sell List' an
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday. ------- FTSE 100 - WINNERS EasyJet, up 2.4%. The low-cost airline said it flew more passengers and filled more of the seats in its planes in March. It s
LONDON (Alliance News) - The following UK shares received analyst recommendations Friday morning: ---------- FTSE 100 ---------- JEFFERIES RAISES PEARSON TO 'BUY' ('HOLD') - TARGET 1184 (1128) PENCE ---------- DEUTSCHE BANK INITIATES ROYAL MAIL W
- Non-farm payrolls in focus
- easyJet traffic up 4.8 per cent in March
- RBS appoints Credit Suisse banker as CFO
techMARK 2,772.13 +0.05%
FTSE 100 6,672.25 +0.35%
FTSE 250 16,391.84 +0.26%
UK stocks opened with small gains on Friday morning ahead of the all-important US non-farm payrolls report