Marks & Spencer Share News (MKS)

Broker tips: RSA, M&S, Rio Tinto

RSA Insurance's valuation is 'too great', according to Panmure Gordon which reiterated its 'sell' rating on the stock following the firm's gloomy trading update on Tuesday. The broker said: "We believe that the shares are currently overvalued given that they are trading at c2.6x net tangible asset

UK WINNERS & LOSERS: RSA, CSR Lead FTSE 350 Fallers; M&S Gains On Online Sales

London midday: RSA, financials drag markets lower

- RSA, G4S, banks lead losses - M&S, Imperial, miners provide some support to markets - UK services growth accelerated in October techMARK 2,636.31 -0.57% FTSE 100 6,723.10 -0.60% FTSE 250 15,367.18 -0.65% A gloomy update from insurance firm RSA and heavy falls across the wider financial sector we

2ND UPDATE: Marks & Spencer Profit Flat As Clothing Still Fails To Impress

MARKET COMMENT: Equities Plunge On Eurozone Growth Forecast, Pound Jumps On UK PMI

Broker snap: M&S results 'lack sparkle', says Investec

Investec has labelled Marks & Spencer as a 'hold', saying that the retailer's first-half results 'lack sparkle'. Nevertheless, the broker admitted that the stock's valuation isn't that expensive with the shares trading at 14.1 times current-year earnings, compared with the wider sector trading at a

London open: Markets edge lower on mixed corporate updates

- RSA, G4S lead losses after updates - Shire, M&S provide some support to markets - Economic data in focus techMARK 2,650.20 -0.04% FTSE 100 6,755.11 -0.13% FTSE 250 15,451.03 -0.11% UK markets opened slightly lower on Tuesday as investors digested a raft of mixed corporate updates from some heavy

UPDATE: Marks & Spencer Profit Flat As Weak Clothing Sales Offset Strong Food Business

MARKET COMMENT: UK Stocks Seen Higher Amid Economic Growth Figures

London pre-open: Stocks to rise ahead of UK data

City sources predict the FTSE 100 will open around 16 points higher than yesterday's close of 6,764, with modest gains in the US and a mixed performance across Asia seen overnight. The gains in the US were driven in part by encouraging earnings from the likes of Kellog Co., and saw investors shrug

Marks & Spencer clothing sales fall for 9th straight quarter

LONDON, Nov 5 (Reuters) - British retailer Marks & Spencer reported a ninth consecutive quarterly fall in underlying sales of general merchandise, with its much vaunted new season clothing ranges only managing to slightly slow the rate of decline. The 129-year-old group, which serves 21 mi

Marks & Spencer cautious after encouraging H1 - UPDATE

- Full year guidance reiterated - Pre-tax profit down 8.9 per cent - New clothing collection 'well received' Marks & Spencer saw underlying pre-tax profit fall 8.9 per cent to 261.6m pounds in the first half of the year, not as bad as many analysts were expecting, although like-for-like clothing gr

MARKET COMMENT: UK Equities Close Higher, Buoyed By Chinese PMI, HSBC Results

Tuesday preview: UK data released as M&S and ABF report results

A flood of UK economic data will be released on Tuesday including house prices, retail sales and services activity. Halifax will say house prices rose by 0.9% in October compared to an increase of 0.3% the month before, according to consensus. The British Retail Consortium's sales figures are exp

Sunday newspaper round up: M&S, CBI Europe warning, Morrisons

The founder of Dunelm, who is Marks & Spencer's biggest private investor, has backed Chief Executive Marc Bolland, the Sunday Telegraph reported. Bill Adderley said Bolland is a "hard worker" and that "too big a deal" has been made of disappointing results at M&S's non-food business. The billionaire