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Pin to quick picksMarks & Spencer Share News (MKS)

Share Price Information for Marks & Spencer (MKS)

London Stock Exchange
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Share Price: 275.90
Bid: 275.90
Ask: 276.20
Change: 0.10 (0.04%)
Spread: 0.30 (0.109%)
Open: 277.30
High: 277.50
Low: 275.50
Prev. Close: 275.80
MKS Live PriceLast checked at -

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London close: Footsie closes on low note

Thu, 07th Oct 2010 16:52

Footsie turned down in the afternoon session despite better than expected US jobs and retail sales figures.US shares did not respond to the economic data and by midday the Dow was showing strongly red.In Europe, interest rates were left on hold by both the Bank of England and European Central bank, which was much as expected but there was some disappointment there was no boost to the stimulus measures as economic data suggests recovery is becoming a struggle.UK house prices, for instance, fell by 3.6% in September according to Halifax, and one of the largest monthly falls ever. Housebuilders such as Barratt, Bovis and Taylor Wimpey tumbled with other related stocks also under pressure.Mining stocks, though, were the major culprits behind Footsie's fall. Copper miners Kazakhmys and Antofagasta led the sector lower. Indian miner Vedanta held up after it produced record amounts of zinc, lead and aluminium during the second quarter. In the three months to 30 September it grew refined zinc output by 25% to 176,000 tonnes to make it 341,000 tonnes for the half-year, an increase of almost 22%.Like for like sales growth at high street bellwether Marks & Spencer's UK stores were well ahead of market expectations in the third quarter. UK like for like (LFL) sales had been expected to be up year on year by anywhere between 1.3% and 4.6%; M&S delivered a 5.3% increase in the 13 weeks to 2 October.Hedge fund manager Man Group is wanted as rumours swirl that US firm Bank of New York Mellon has the company in its sights. Bid speculation had also been focused on SABMiller but French drinks outfit Groupe Castel has refuted newspaper reports that it is in talks to buy the brewer's African interests for around £6bn.Down among the FTSE 250 stocks, Rank was higher after strong trading across its divisions helped the casino and bingo hall operator to a 7% rise in like-for-like sales in the third quarter, leaving it confident for the full year despite challenging economic conditions.Car parts and bikes seller Halfords came a cropper after an update showed it is finding it an uphill struggle at the moment and slightly harder than analysts had imagined following recent warehouse disruption. Shares in Victrex melted away, despite the fast growing plastics group's trading update saying it expects group profits for 2010 to be in line with market expectations. Full year sales volume in the year to end-September stacked up to about 2,535 tonnes, slightly below the 2,550 tonnes broker KBC Peel Hunt had forecast. Latin America-focused precious metal miner Hochschild shone after a number of high-grade finds at its San Jose operation in southern Argentina which should "materially increase mine life".Recruitment firm Michael Page raised profit by 37% during the third quarter and had its best month of 2010 in September as the temp business began to grow again, but the shares are lower.So are the shares of peer Hays. The UK and Ireland are letting the side down at international recruitment firm, which otherwise saw strong growth in fees across all its geographic regions in the third quarter.Construction and engineering group Carillion has its strongest ever pipeline of contract opportunities as Britain's public sector looks to cut back on costs by outsourcing work.In its latest trading update, luxury handbag maker Mulberry crowed it has exceeded its expectations with improved margins from sales. Profits for the year to 31 March 2011 should also be significantly above market expectations. Shares in Clarkson Hill rose by 50% after a bid approach. "There can be no certainty that an acceptable offer will ultimately be made", warns the AIM-quoted IFA network.First half profits surged at trendy fashion retailer Ted Baker as both UK and international sales roared ahead. Sales in the half year to June rose by 15% to £88.1m with profit before tax up 25% to £7.5m.Shares in Matra Petroleum tumbled after Australian banking group Macquarie reduced its holding in the company below 3%.FTSE 100 - RisersMan Group (EMG) 249.80p +5.09%Marks & Spencer Group (MKS) 410.00p +4.91%Burberry Group (BRBY) 1,030.00p +2.49%RSA Insurance Group (RSA) 133.80p +1.90%FTSE 100 - FallersKazakhmys (KAZ) 1,400.00p -5.60%Antofagasta (ANTO) 1,249.00p -4.87%African Barrick Gold (ABG) 610.00p -4.39%Cairn Energy (CNE) 433.50p -4.16%FTSE 250 - RisersElectra Private Equity (ELTA) 1,515.00p +5.57%Robert Wiseman (RWD) 331.60p +5.20%ITV (ITV) 63.75p +3.57%Imagination Technologies (IMG) 402.60p +3.44%FTSE 250 - FallersHalfords Group (HFD) 408.00p -8.72%Petropavlovsk (POG) 1,071.00p -5.80%Catlin Group (CGL) 325.00p -4.83%Barratt Developments (BDEV) 94.80p -4.48%
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21 Jun 2023 05:56

WH Smith, M&S and Argos 'named and shamed' over minimum wage failures

(Alliance News) - Retailers including WH Smith PLC, Marks & Spencer Group PLC and Argos Ltd are among firms who have been "named and shamed" by the government for breaking the minimum wage law.

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21 Jun 2023 00:01

UK fines WH Smith, M&S and others for not paying minimum wage

LONDON, June 21 (Reuters) - Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the minimum wage between 2017 and 2019.

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19 Jun 2023 14:31

Britain's M&S the latest supermarket to cut prices

M&S cuts prices of 70 products, holds prices of 150

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12 Jun 2023 11:57

Staffline shares drop despite confidence in future prospects

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8 Jun 2023 12:12

M&S agrees settlement with Swizzels in Percy Pig court case

(Alliance News) - Marks & Spencer Group PLC has agreed a settlement with British sweet-maker Swizzels Matlow Ltd after accusing it of copying its much-loved Percy Pigs.

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7 Jun 2023 09:42

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

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2 Jun 2023 11:07

IN BRIEF: Marks & Spencers tenders GBP228.1 million loan notes

Marks & Spencers PLC - London-based food, clothing, home and bank services retailer - Says it has tendered GBP107.2 million of GBP300.0 million 3.750% notes that are due in 2026, and that it has tendered GBP120.9 million of GBP324.6 million 4.750% notes due in 2025. This follows the invitation made to holders of outstanding notes to tender their notes for purchase by the company for cash in an aggregate nominal amount of up to the 2025 notes and 2026 notes maximum acceptance amount. The offers were announced in May 2023, and were made on terms and subject to conditions contained in the tender offer memorandum. The company also announces that the 2025 and 2026 notes final acceptance amount is expected to be set at GBP219.4 million in aggregate nominal amounts of notes.

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30 May 2023 09:14

LONDON BROKER RATINGS: RBC cuts Dr Martens to 'sector perform'

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

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26 May 2023 09:41

LONDON BROKER RATINGS: RBC cuts Halfords; Berenberg likes Sabre

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

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26 May 2023 08:54

UK shoppers boost spending despite inflation's bite

Retail sales in April +0.5% m/m vs Reuters poll +0.3%

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25 May 2023 09:23

LONDON BROKER RATINGS: Numis starts Tristel with 'add'

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

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25 May 2023 07:52

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(Alliance News) - Stocks in London were called to open lower on Thursday, amid the continued political scrap over raising the US government debt limit and after news that Germany has entered a technical recession.

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