Last checked at 18 Jan 2024 12:47
M&S to invest £30m in Scottish stores
(Sharecast News) - Marks & Spencer Group is to invest £30m overhauling its Scottish offering, including closing one of its stores in Aberdeen, the retailer said on Thursday.
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Marks & Spencer Information
Share Price Information for Marks & Spencer (MKS)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
298.00
Bid:
298.00
Ask:
298.20
Change:
-5.30 (-1.75%)
Spread:
0.20 (0.067%)
Open:
302.40
High:
304.40
Low:
297.00
Prev. Close:
303.30
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Mon, 05th Jan 2015 15:03
The travel sector was booming on Monday as oil prices continued to fall. Carnival, International Consolidated Airlines Group and EasyJet were among the best performing members of the FTSE 100.Randgold Resources and Fresnillo were on the rise as gold and silver prices increased. Gold was up for the second straight day as concerns about a potential Greek exit from the Eurozone spurred safe-haven demand.In contrast, stocks in the energy and mining sectors were suffering heavy losses as crude and copper prices set new mutli-year lows.Oil producers such as Shell, BP and Tullow Oil and energy services group Weir were under pressure, with Brent down over 5% at $53.42 a barrel, its worst level in five years.Mining stocks were also down, including BHP Billiton, Anglo American and Glencore. Copper hit its lowest in over four years the previous session and was down a further 1.5% at $6,149.75 a metric tonne in afternoon trade.Department-store chain Marks & Spencer was falling sharply after Societe Generale downgraded its rating on the stock from 'buy' to 'hold' following a recovery in the shares since the company's results in November. The bank said the "shares are well rated versus recent history and so we downgrade to 'hold'". FTSE 100 - RisersRandgold Resources Ltd. (RRS) 4,544.00p +2.97%Carnival (CCL) 2,983.00p +1.81%easyJet (EZJ) 1,708.00p +1.49%Ashtead Group (AHT) 1,182.00p +1.46%International Consolidated Airlines Group SA (CDI) (IAG) 493.10p +1.25%Land Securities Group (LAND) 1,163.00p +0.95%Smith & Nephew (SN.) 1,175.00p +0.86%Meggitt (MGGT) 514.50p +0.78%British Land Co (BLND) 767.50p +0.72%Fresnillo (FRES) 769.00p +0.52%FTSE 100 - FallersWeir Group (WEIR) 1,769.00p -6.05%BP (BP.) 388.55p -5.34%Glencore (GLEN) 282.50p -4.91%Anglo American (AAL) 1,128.00p -4.81%Royal Dutch Shell 'B' (RDSB) 2,128.50p -4.79%BHP Billiton (BLT) 1,314.50p -4.61%Tullow Oil (TLW) 396.50p -4.25%Marks & Spencer Group (MKS) 457.00p -4.21%Sainsbury (J) (SBRY) 233.60p -4.03%Royal Dutch Shell 'A' (RDSA) 2,081.00p -4.01%
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Britain's Ocado Retail returns to positive earnings in 2022/23 year
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European shares fall as hot U.S. inflation data rains on rate-cut hopes
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11 Jan 2024 16:53
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Read more11 Jan 2024 16:34
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Partying Britons boost Tesco and M&S at Christmas but cautious for new year
LONDON, Jan 11 (Reuters) - Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions.
Read more11 Jan 2024 12:00
LONDON MARKET MIDDAY: Stocks level out as US inflation nerves kick in
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