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* M&S nearing end of 3-year, 2.3 bln stg investment plan * CEO Bolland under pressure to show strategic plan working * Underlying general merchandise sales down for past 10 qtrs * Co due to give Q4 update in April, FY results on May 20 * Investors look for operational head
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LONDON (Alliance News) - The UK's main stock indices closed higher Tuesday, with both the FTSE 100 and FTSE 250 closing up for a fifth consecutive day, as Federal Reserve Chair Janet Yellen suggested the central bank will continue to taper its quantitative easing programme in coming months.
- Yellen: Tapering to continue as long as incoming data supports - Precious metal miners track metal prices higher - Retailers gain after economic data - Barclays drops seven per cent after 2013 results disappoint techMARK 2,836.39 +1.06% FTSE 100 6,672.66 +1.23% FTSE 250 16,078.28 +1.05% UK ma
Read moreBarclays was the big faller of the day after the banking giant posted a worse-than-expected 32 per cent fall in 2013 adjusted pre-tax profit, with costs coming in higher than predicted. The group also unveiled its plan to cut between 10,000 and 12,000 job this year, 7,000 of which will be in the UK.
Read moreRetail stocks were putting in a mixed performance in London on Tuesday with general retailers making gains while supermarket chains headed lower. Overall, the UK retail sector registered healthy growth in January, according to figures released this morning by British Retail Consortium (BRC) which s
Read more- Barclays drops seven per cent after 2013 results disappoint - Markets expecting 'dovish' Yellen, says analyst - Miners track metal prices higher - Retailers gain after economic data techMARK 2,825.35 +0.66% FTSE 100 6,643.63 +0.79% FTSE 250 16,012.87 +0.64% UK markets rose strongly on Tuesday as
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
Sports Direct International, up 4.1%, and Marks and SpencerRead more
- Barclays down as profits fall - Babcock, miners, retailers lead the upside - Markets focus on Yellen ahead of House testimony techMARK 2,824.94 +0.65% FTSE 100 6,645.74 +0.82% FTSE 250 16,015.55 +0.66% UK markets were performing well on Tuesday morning as decent gains from Babcock, mining stocks
Read moreLONDON (Alliance News) - Marks & Spencer Group PLC Thursday said Executive Director John Dixon sold 8,251 shares at a price of GBP4.68 per share. Following this transaction, Dixon holds 276,399 shares. Shares in the clothing retailer were trading up 2.2% at 472.30 pence Thursday. <
Read moreLONDON (Alliance News) - Burberry Group PLC said Thursday that Jeremy Darroch, chief executive of British Sky Broadcasting PLC, has joined its board as a non-executive director and a member of its audit, remuneration and nomination committees. Darroch, in addition to his current role at BSk
Read moreLONDON, Feb 5 (Reuters) - British retailers slashed prices at the fastest rate in at least seven years during the January sales, industry figures showed on Wednesday, highlighting tough trading conditions despite an improving economy. The British Retail Consortium said shop prices in early
Read more* Justin King to step down as CEO at July 9 AGM * Commercial director Mike Coupe to succeed King * Shares down 1.7 pct * Coupe says it's 'business as usual' * King says has not lined up next job (Adds detail, executive, analyst comments, updates shares) By James Da
Read moreLONDON, Jan 29 (Reuters) - J Sainsbury Chief Executive Justin King said on Wednesday he did not have another job lined up for when he leaves the British grocer in July. "I've been 100 percent focused on my job here at Sainsbury's. I have not talked to anybody about any job," he told reporte
Read more- Chinese manufacturing in contraction - Data from US comes in mixed - Pearson, easyJet, Petrofac and ARM fall techMARK 2,827.81 -0.71% FTSE 100 6,773.28 -0.78% FTSE 250 15,980.13 -1.03% Mixed economic figures from across the globe weighed heavily on stocks on Thursday, with UK markets retreating
Read morePublishing and education company Pearson was the day's biggest faller after admitting that its trading and financial performance for 2013 was 'weaker than expected', particularly in North America. The Financial Times owner also gave a cautious outlook for 2014, saying that trading conditions were 's
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