Marks & Spencer Share News (MKS)

Marks & Spencer takes stylish bid to India

Sunday newspaper round-up: Serco, Energy companies, Economic growth

Serco will warn on November 14th that it will not meet forecasts for annual profits, the Sunday Times reported. The outsourcing company has been hit by Government allegations of fraud in contracts to tag prisoners. Investors had expected Serco to report annual profits of about £326m but analysts now

Sunday British Business - Nov. 10

LONDON, Nov 10 (Reuters) - British newspapers reported the following business stories on Sunday: Sunday Times Green mulls BHS sale as bidders circle A pack of hungry suitors has begun circling BHS in an attempt to lure Philip Green into offloading the struggling department store chain. A N

John Lewis looks to animate Christmas sales with ad campaign

LONDON, Nov 8 (Reuters) - John Lewis, Britain's No.1 department store group, is confident of outperforming rivals this Christmas, the employee-owned firm said on Friday as it launched a festive advertising campaign. "We want John Lewis, as we have in the last few years, to literally own Chr

Wincanton revenue falls 2 pct as retail demand remains dull

Nov 7 (Reuters) - Warehouse and freight provider Wincanton Plc reported a 2 percent dip in revenue as demand from the UK retail sector continued to remain sluggish. The company, which caters to clients such as Unilever Plc , Tesco and Marks & Spencer, said sales fell to 542.3 million pounds

FTSE 100 movers: Associated British Foods boosted by UBS

Associated British Foods was the top performer on Wednesday in the aftermath of its full-year results, with UBS providing a lift after upping its target price for the stock from 2,030p to 2,430p. The bank reiterated its 'buy' rating for the shares. Annual figures from the company were in line with

BROKER RATING CHANGES: Canaccord Raises Moneysupermarket To Buy

Wednesday broker round-up

Anglo American: Alphavalue moves target price from 1816.9p to 1827.1p upgrading from add to buy. Associated British Foods: Citi raises target price from 1950p to 2350p, while leaving its neutral rating unchanged. Assura Group: Liberum Capital initiates with a target price of 42.9p and a buy recomm

Wednesday tips round-up: Marks & Spencer, InterContinental Hotels

Investors have given M&S's new management the benefit of the doubt, pushing the company's shares up to 15 times forecast earnings versus 11 at the start of the year. Yet it will not be until January 9th when investors will know if consumers have followed their lead. That comes as the company invests

MARKET COMMENT: UK Stocks Knocked As Eurozone Growth Revised

London close: Financials lead markets lower as RSA sinks

- UK services growth accelerated in October - European Commission downgrades Eurozone growth - RSA leads financials lower after gloomy update techMARK 2,647.46 -0.14% FTSE 100 6,746.84 -0.25% FTSE 250 15,367.61 -0.65% UK markets finished slightly lower on Tuesday as upbeat domestic economic data w

FTSE 100 movers: M&S cheers despite falling profits

Marks & Spencer saw underlying pre-tax profit fall 8.9 per cent to 261.6m pounds in the first half of the year, but since this was not as bad as many analysts were expecting, the stock registed strong gains. The retailer has been investing heavily in the business, incurring extra costs during the

UPDATE 3-M&S clothing sales fall for 9th straight quarter

* Q2 like-for-like general merchandise sales down 1.3 pct * Q2 like-for-like food sales up 3.2 pct * H1 underlying pretax profit 261.6 mln stg, down 9 pct * Cautious on outlook, FY expectations unchanged * Shares up 4.2 pct (Adds CEO, analyst comment, updates shares)

MARKET COMMENT: US Equities To Open Lower As Europe Hit By Growth Downgrade

UPDATE 1-Booming UK services sector points to jump in growth

* Services PMI rises to 62.5, highest since May 1997 * Composite PMI suggests 1.3 pct quarterly GDP growth * EC ups UK forecast, BoE to review outlook next week * BRC says UK retail sector reports only modest growth (Adds European Commission and NIESR growth upgrades, market a