Marks & Spencer Share News (MKS)

Ocado enters South Korea with Lotte Shopping deal

Lotte Shopping becomes Ocado's 12th partner

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LondonMetric completes sale of two assets for GBP28 million

(Alliance News) - LondonMetric Property PLC on Tuesday completed the sale of two assets for GBP28.2 million, reflecting a blended net initial yield of 4.6%.

Sunday newspaper round-up: Sunak, UK sovereign debt, Marks & Spencer

(Sharecast News) - Rishi Sunak has confirmed he is in the running for the leadership of the Tory party, having failed to reach a deal with Boris Johnson overnight. The former Chancellor, who had won the backing of 130 Tory MPs, said: "The UK is a great country but we face a profound economic crisis. The choice our party makes now will decide whether the next generation of British people will have more opportunities than the last. That's why I am standing to be your prime minister and the leader of the conservative party. I want to fix our economy, unite our party and deliver for our country." - The Sunday Times

Deliveroo lowers guidance for gross transaction value but shares rise

(Alliance News) - Deliveroo PLC on Friday narrowed its guidance range for gross transaction value growth towards the lower end of previous guidance as it confirmed the starting date for its new chief financial officer.

LONDON BROKER RATINGS: HSBC cuts Asos; Berenberg likes Synthomer

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

CORRECT: LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds

(Correcting to clarify that Morgan Stanley did not lift its Standard Chartered recommendation, only its price target for the stock.)

LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds and lifts StanChart

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

LONDON BROKER RATINGS: Mondi and Smurfit Kappa raised, DS Smith cut

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

LONDON MARKET CLOSE: Stocks down as BoE confirms end to bond-buying

(Alliance News) - Stock prices in London closed in the red on Wednesday, as discouraging economic data and mixed signals from the UK's central bank weighed on investor sentiment.

67 more M&S shops to close as retailer accelerates stores shake-up

(Alliance News) - Marks & Spencer Group PLC has said it is seeking to speed up a major shake-up of its stores estate which will result in the closure of 67 more shops.

M&S to close 67 clothes shops, open 104 Simply Food stores

(Sharecast News) - Marks & Spencer said on Wednesday that it will close 67 larger clothing and homeware stores and open 104 Simply Food shops as part of its turnaround plan, as it highlighted "significant" cost headwinds.

LONDON BROKER RATINGS: HSBC lifts Fevertree; Jefferies likes Balfour

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

LONDON MARKET CLOSE: Stocks suffer as recession fears loom again

(Alliance News) - Stocks in London closed in the red on Wednesday, as investor mood soured ahead of Friday's US nonfarms report, the next major risk event for global markets.

IN BRIEF: M&S completes acquisition of logistics provider Gist

Marks & Spencer Group PLC - London-based food and clothing retailer - Completes acquisition of its principal contract logistics provider, Gist Ltd. The acquisition was announced in July and since then all necessary merger approvals have been obtained and the separation of businesses not forming part of the acquisition target have completed.

UK retailer Currys raises staff pay for third time in 13 months

LONDON, Sept 30 (Reuters) - British electricals retailer Currys said on Friday it was raising hourly pay rates for a third time in 13 months as competition heats up to attract and retain staff in a tight labour market amid a worsening cost of living crunch.