Last checked at 16 Jan 2024 08:26
Britain's Ocado Retail returns to positive earnings in 2022/23 year
Q4 2022/23 revenue up 10.9%
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Marks & Spencer Information
Share Price Information for Marks & Spencer (MKS)
Share Price is delayed by 15 minutes
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Share Price:
261.50
Bid:
261.60
Ask:
261.80
Change:
0.80 (0.31%)
Spread:
0.20 (0.076%)
Open:
262.20
High:
262.80
Low:
259.10
Prev. Close:
260.70
Last checked at -
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Don't have an account? Click here to register.London pre-open: Little change expected on FTSE
Mon, 07th Jan 2013 07:26
City sources predict the FTSE 100 will open down one point from Friday's close of 6,090, ahead of this week's collection of retail results. Sainsbury, Tesco, and Marks & Spencer are all set to deliver their results this week, although brokers have warned it has been a tough Christmas and overall figures are not expected to shine. Morrisons kicked of things off with a trading statement in which it revealed it had missed sales targets in the run up to Christmas as the supermarket's promotions and marketing failed to pull in customers. The retailer said the shaky performance meant its full year performance would be "broadly in line with its expectations".Insurance giant Legal & General said on Monday that it has improved the return on equity (RoE) and profitability of new business within its American subsidiary after completing a further phase of its capital efficiency programme. On December 31st 2012, L&G used a "reinsurance solution" to improve L&G America's (LGA) capital position by replacing the need for temporary financing, a total benefit of $345m, the company said in a statement. Mining group Bumi said it continues to target a medium term production target of 30mt each year and in light of the weak coal price environment, it will focus on lower cost pits and defer some of its expansion plans. The Indonesian group said it has been hit by weaker coal prices, particularly during the second half of the year. As a result, it said realised selling prices for the year are expected to be around $70.0/t compared to $81.4/t for 2011.In terms of economic news out today, investors can expect UK new car registrations, and EU producer prices.
More News
16 Jan 2024 07:09
Britain's Ocado Retail returns to positive earnings in 2022/23 year
LONDON, Jan 16 (Reuters) - British online supermarket Ocado Retail said on Tuesday it would meet its forecast of a return to positive earnings for its full 2022/23 year after reporting fourth quarter to Nov. 26 revenue growth of 10.9%.
Read more12 Jan 2024 09:14
LONDON BROKER RATINGS: Goldman likes Glencore; BofA likes easyJet
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more11 Jan 2024 17:24
European shares fall as hot U.S. inflation data rains on rate-cut hopes
WPP down after UBS downgrade
*Read more11 Jan 2024 17:03
11 Jan 2024 16:53
LONDON MARKET CLOSE: Stocks lower on hotter-than-expected US inflation
(Alliance News) - Stock prices in London closed lower on Thursday, after US rate cut expectations suffered a setback following some hotter-than-expected inflation data.
Read more11 Jan 2024 16:34
London close: Stocks fall as US inflation comes in hot
(Sharecast News) - London's stock markets closed in the red on Thursday, reversing earlier gains after US consumer inflation came in hotter than expected.
Read more11 Jan 2024 12:02
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
(Alliance News) - Upbeat morning trade for European markets gave way to caution by midday on Thursday, as investors look to a make-or-break US inflation reading, and what it could mean for the Federal Reserve interest rate outlook.
Read more11 Jan 2024 09:44
Tesco raises profit outlook again after strong Christmas sales
6 weeks to Jan 6 UK like-for-like sales up 6.8%
*Read more11 Jan 2024 08:40
LONDON MARKET OPEN: Stocks in the green; M&S slides as Tesco edges up
(Alliance News) - Stock prices in London climbed at Thursday's market open, with investors feeling hopeful ahead of US inflation data, and considering Christmas updates from grocery companies.
Read more11 Jan 2024 07:41
LONDON BRIEFING: M&S reports strong sales momentum; Tesco ups guidance
(Alliance News) - Stocks in London are tipped for a strong start on Thursday, as global equity markets benefit from optimism ahead of the US inflation print later in the day.
Read more11 Jan 2024 07:01
M&S sees FY in line as Christmas sales rise 8.1%
(Sharecast News) - UK retailer Marks & Spencer said it expected to deliver annual results in line with expectations despite higher-than-expected cost increases as it reported an 8.1% rise in sales over the key Christmas quarter driven by food revenue and womenswear.
Read more10 Jan 2024 08:49
LONDON MARKET OPEN: Grocers weigh on FTSE as Sainsbury's disappoints
(Alliance News) - Stock prices in London opened mixed on Wednesday, as investors remained cautious ahead of US inflation data, and rising geopolitical tensions.
Read more9 Jan 2024 08:00
UK's M&S Christmas food sales growth topped only by Lidl
M&S food sales up 12.1% year-on-year in 12 weeks to Dec 30 -NIQ
*Read more