Marks & Spencer Share News (MKS)

UPDATE 2-British retailer BHS to close with thousands of job losses

(Rewrites first paragraph, writes through) By Paul Sandle LONDON, June 2 (Reuters) - British department stores group BHS is to be wound down after administrators failed to find a buyer for the 88-year-old chain, threatening over 10,000 jobs and creating huge vacant sites in town centr

UPDATE 1-British retailer BHS to close after rescue bids fail

(Adds details, government reaction, Philip Green comment, background) By Paul Sandle LONDON, June 2 (Reuters) - British department stores group BHS is to be wound down after administrators failed to find a buyer for the 88-year-old chain, threatening more than 10,000 jobs, advisers Du

Broker tips: Wolseley, M&S, Moneysupermarket

(ShareCast News) - Wolseley's shares were under pressure on Thursday after Canaccord Genuity downgraded the stock to 'hold' from 'buy' and slashed its target price to 4,200p from 4,400p. "While we continue to see attractions (market share gains, margin expansion and more capital returns) on a medium

WINNERS & LOSERS SUMMARY: Moneysupermarket Drops On Downgrade

UBS reiterates 'buy' on Marks & Spencer but cuts target price

(ShareCast News) - Marks & Spencer had its 'buy' rating reiterated and target price cut to 440p from 490p by UBS on Thursday. UBS hailed chief executive Steve Rowe's strategy to revive the retailer's clothing business by reducing prices and improving the quality. The newly appointed boss of M&S war

BROKER RATINGS SUMMARY: Jefferies Downgrades MoneySupermarket To Hold

LONDON MARKET OPEN: Johnson Matthey Lifted By Brighter Outlook

LONDON BRIEFING: Central Bankers And Oil Ministers Converge On Vienna

UPDATE 4-Salesforce takes aim at e-commerce with $2.8 bln Demandware buy

* Salesforce offers $75/shr for Demandware * Offer at premium of 56.3 pct * High premium indicative of bidding war for Demandware - analyst * Demandware shares jump to $74.92, Salesforce down slightly (Adds Breakingviews link, updates share prices) By Anya George Tharaka

Marks & Spencer pulls the plug on store music

(ShareCast News) - Marks & Spencer is pulling the plug on its in-store piped music after extensive feedback from customers and as it begins plans to revive its clothing and homeware business. The retail chain said it would take a few weeks for the music to be culled from 300 stores across the UK sel

BROKER RATINGS SUMMARY: Shore Capital Raises Brewin Dolphin To Buy

Ex-divs to take 6.4 points off FTSE 100 on June 2

LONDON, May 31 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the resulting adjustment to prices by market-makers would take

Sunday newspaper round-up: AstraZeneca, oil IPOs, M&S, Exova, Tesco

(ShareCast News) - AstraZeneca, the UK's second-biggest drug developer, will this week outline its next big hope in the battle against cancer by unveiling new data on a class of treatments, known as DNA damage response (DDR) medicines, at a conference in Chicago. The drugs work by stopping cancerous

Broker tips: M&S, Capita, Softcat

(ShareCast News) - Societe Generale downgraded Marks & Spencer to 'hold' from 'buy' and cut the price target to 424p from 545p following the retailer's full-year results earlier in the week. The French bank said M&S was certainly worth holding for the total dividend yield. It said the company remain

SocGen cuts M&S but says worth holding onto for dividend yield

(ShareCast News) - Societe Generale downgraded Marks & Spencer to 'hold' from 'buy' and cut the price target to 424p from 545p following the retailer's full-year results earlier in the week. The French bank said M&S was certainly worth holding for the total dividend yield. It said the company remain