Marks & Spencer Share News (MKS)

UPDATE 4-New boss warns on profit as turns to "Mrs M&S" to revive clothing

* CEO Steve Rowe warns of short term profit hit * Says fixing clothing will take time * Says trading conditions difficult * Shares fall up to 10 pct (Adds detail, CEO, investor comments) By James Davey and Paul Sandle LONDON, May 25 (Reuters) - A warning from Marks

Britain's FTSE climbs as banks and oil companies rise, M&S slumps

* Progress on Greek debt relief buoys European markets * FTSE near 1-month high, up 0.7 pct * M&S slumps after warning of short-term profit hit (Adds detail and updates prices) By Kit Rees and Sudip Kar-Gupta LONDON, May 25 (Reuters) - Britain's top shares index climbed

CMA accuses top model agencies of price fixing

(ShareCast News) - The Competition and Markets Authority has accused five modelling agencies of colluding to fix their prices. The competition watchdog said that between April 2013 and March 2015, FM Models, Models 1, Premier, Storm and Viva - used by big name high street and online retailers that c

UPDATE 3-New boss warns on profit as turns to "Mrs M&S" to revive clothing

* Rowe warns fixing clothing and homewares to hit profit * M&S sees similar sales trend this year as last * M&S full-year underlying pretax profit up 4.3 pct * Shares fall 8.9 pct to 405 pence (Adds CEO quotes, further reaction) By James Davey and Paul Sandle LONDO

LONDON MARKET MIDDAY: Banks Rally As Investors Price In US Rate Hike

Britain's FTSE climbs as banks and oil companies rise, M&S slumps

* Progress on Greek debt relief buoys European markets * FTSE near 1-month high, up 0.6 pct * M&S slumps after warning of short-term profit hit (Adds detail and updates prices) By Kit Rees and Sudip Kar-Gupta LONDON, May 25 (Reuters) - Britain's top shares index climbed

TOP NEWS SUMMARY: M&S Chief Warns Clothing Revamp Will Dent Profits

WINNERS & LOSERS SUMMARY: Sweett Group Soars On Canadian Takeover

EXTRA: M&S Shares Plummet As New CEO Rowe Warns On Short-Term Profit

UPDATE 2-M&S says turnaround plan to hit profit in short term

* Says fixing clothing and homewares will hit profit * Sees similar sales trend this year as last * Full-year underlying pretax profit up 4.3 pct * Shares down 8 pct (Adds shares, analyst reaction) By James Davey LONDON, May 25 (Reuters) - British retailer Marks &

LONDON MARKET OPEN: M&S Left In Changing Room As Oil Boosts Stocks

London pre-open: Stocks set for firmer open; M&S in focus

(ShareCast News) - London stocks were seen starting higher following positive leads in the US and Asia amid rising oil prices, as investors digest news that Greece has reached a deal with it international creditors. The FTSE 100 was expected to open 51 points higher than Tuesday's close at 6,270. "

LONDON BRIEFING: Royal Mail Gets Reprieve; M&S Sold After Weak Results

M&S warns clothing turnaround plan will hit short-term profit

(ShareCast News) - Full-year profits at Marks & Spencer fell 18.5% as new chief executive Steve Rowe engaged in what appeared to be some canny 'kitchen sinking', warning that the current year's profits will be hit by his plan to turnaround the clothing business. Rowe pushed through a £200m charge on

UPDATE 1-M&S says turnaround plan to hit profit in short term

(Adds detail, background) LONDON, May 25 (Reuters) - British retailer Marks & Spencer said on Wednesday its new boss's plan to turn around the firm's underperforming clothing and homewares business would impact short-term profit. Chief Executive Steve Rowe said his focus will be on i