Marks & Spencer Share News (MKS)

FTSE 100: Petrofac, Royal Dutch Shell, BHP Billiton

Oilfield services group Petrofac rebounded on Friday, a day after heavy falls on concerns about guidance at its investor day on Thursday. "Having hit a two-year low yesterday on rumours that management was reducing long-term earnings forecasts, Petrofac has been besieged by bargain-hunters this mo

Broker tips: AZ Electronics, Marks&Spencer, Domino´s

AZ Electronics may on Thursday have agreed to be purchased by German outfit Merck KgaA. However, analysts at Numis believe the bid was unsolicited and unexpected. The purchase price represents a 53% premium to Wednesday´s closing price and is equivalent to a price-to-earnings multiple of 20.4 time

Broker snap: Credit Suisse reiterates underweight on M&S

It has been a remarkable year for the General Retail sector, with the UK index´s 33 per cent rise comfortably outstripping gains in the rest of the market. However, 2013 has also seen high single-digit downgrades across the space. That has left valuations (the average price-to earnings multiple sits

Friday newspaper round-up: Mandela, Shell, M&S

Nelson Mandela, who led his country to democracy after serving 27 years in prison, has died aged 95. President Zuma of South Africa said in a televised address: "The founding father of our nation has departed. May his soul rest in peace. God bless Africa." Mr Mandela, the anti-apartheid icon who bec

FTSE 100 movers: Miners gain, supermarkets fall

Mining stocks were performing well on Thursday as share prices recovered after a sell-off earlier in the week. Global diversified miner Vedanta Resources was a high riser as analysts at both AlphaValue and RBC Capital Markets upgraded their ratings for the stock. Other metal producers including An

UPDATE 3-Tesco's problems mount as UK sales resume decline

* Q3 UK like-for-like sales, ex fuel and VAT, down 1.5 pct * Blames sales fall on weak overall market * Like-for-like sales decline in all overseas markets * Says on track to meet analyst FY forecasts as of Nov. 8 * Shares dip 1.1 pct By James Davey LONDON, Dec

Monday broker round-up UPDATE

Aberdeen Asset Management: Credit Suisse raises target price from 465p to 515p and maintains a neutral rating. Admiral Group: Citi moves target price from 1215p to 1220p and retains a neutral rating. AVEVA Group: Numis upgrades to buy with a target price of 2980p. AZ Electronic Materials: Deutsch

REFILE-UPDATE 1-Key Bangladesh garments factory destroyed in blaze

By Serajul Quadir DHAKA, Nov 29 (Reuters) - A devastating fire ripped through a Bangladesh garment factory supplying major Western retailers, police and industry officials said on Friday, in a blaze set by workers angered over rumours of a colleague's death in police firing. Garments

Huge Bangladesh fire destroys key garments factory

By Serajul Quadir DHAKA, Nov 29 (Reuters) - A huge fire on Friday destroyed a Bangladesh garment factory supplying key Western brands, authorities said, in a blaze touched off by workers angered over rumours of a colleague's death in police firing. Garments are a vital sector for the

Thursday broker round-up UPDATE

Anglo American: Liberum Capital upgrades to hold with a target price of 1150p. Associated British Foods: Jefferies increases target price from 1750p to 2400p, while staying with its hold recommendation. Beazley: Canaccord Genuity ups target price from 260p to 270p leaving its buy recommendation un

Asia Private Equity Weekly News, Nov. 26, 2013

HONG KONG, Nov. 26 (Reuters) - News and developments in Asia private equity from Reuters News for the week ending Nov. 22. NOVEMBER 22 OAKTREE CAPITAL Group LLC, the world's largest distressed debt investor, is among a group of firms buying shares of China Cinda Asset Management Corp

'Hunger Games' designer finds high-fashion muse in Katniss Everdeen

By Piya Sinha-Roy LOS ANGELES, Nov 25 (Reuters) - Katniss Everdeen not only wields the bow and arrow of hope in "Catching Fire," the second installment of "The Hunger Games" film franchise, she is also the muse of a new high-fashion line that carries the film's fictional world of the Capito

UPDATE 1-Hong Kong's Gaw, S.Korean investors buy London building

* Gaw completes 4th investment in London for Asian buyers * Asian buyers seek "safe commercial and residential real estate"-exec * Building currently houses HQ for retailer Marks & Spencer * Seller was D2 Private, an Irish property investment firm-source By Stephen Aldred

UK BROKER RATING CHANGES: Goldman Cuts Debenhams To Sell

Big Retailer is watching you: stores seek to match online savvy

* Face scans, heat sensors, phone signals used to track shopper * Smart data allows stores to copy e-commerce personalisation * Store wi-fi can track shopper within three metres * U.S. data firms agree privacy code of conduct * Mobile ad spending seen tripling to $39 bln i