Marks & Spencer Share News (MKS)

LONDON BROKER RATINGS: Deutsche Bank cuts Fevertree price target

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

RBC Capital lifts Marks & Spencer target price

(Sharecast News) - RBC Capital Markets lifted its price target on Marks & Spencer on Monday to 400p from 350p as it raised estimates on the 'outperform' rated stock, pointing to sales momentum and the recent re-rating of the UK food retail sector.

Investors call on UK's largest firms to give shareholders climate vote

(Alliance News) - A group of investors has urged most of the UK's largest listed companies to provide shareholders with a vote on their climate transition plans.

TOP NEWS: UK grocery price inflation ebbs as Ocado leads sales rose

(Alliance News) - UK grocery price inflation resumed its slowdown, while Ocado delivered its quickest rate of growth since May 2021, figures on Tuesday showed.

Sunday newspaper round-up: Hezbollah, Economic pain, Wealth tax

(Sharecast News) - Approximately 100 Israeli fighter jets launched strikes on around 270 targets located in over 40 southern Lebanese towns and villages. The set of strikes was one of the biggest between the two sides since fighting resumed in October. The bulk of the strikes were against short-range rocket launchers that could be used to hit northern Israel. In response, terrorist group Hezbollah fired over 320 Katyusha rockets at 11 military targets inside Israel. Most projectiles were stopped or hit open areas. - The Sunday Times

Sun and holidays boost UK supermarket spending but Asda struggles, says NIQ

UK supermarkets enjoy best growth in sales this year, says NIQ

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IN BRIEF: Marks & Spencer Clothing & Home chief sells 200,000 shares

Marks & Spencer Group PLC - London-based retailer - Richard Price, managing director of Clothing & Home, sells 200,000 shares at GBP3.31, worth GBP661,300, on Monday.

LONDON MARKET CLOSE: European markets rise as US PPI gives boost

(Alliance News) - Stock prices in London closed higher on Tuesday, shaking off some midday weakness thanks to a hopeful US producer price inflation print.

TOP NEWS: UK food inflation edges higher for first time in 17 months

(Alliance News) - UK grocery inflation accelerated for the first time since March last year, figures on Tuesday showed.

Bangladesh garment factories reopen after Sheikh Hasina's flight

DHAKA, Aug 7 (Reuters) - Garment factories in Bangladesh, forecast to account for 90% of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.

Bangladesh garment factories reopen after Sheikh Hasina's flight

DHAKA, Aug 7 (Reuters) - Garment factories in Bangladesh, forecast to account for 90% of the country's exports, reopened on Wednesday hoping to swiftly resume full operations after production was disrupted by violent protests that ousted Prime Minister Sheikh Hasina this week.

IN BRIEF: Rightmove promotes commercial finance head Hook to CFO

Rightmove PLC - Milton Keynes, England-based online property portal - Promotes Ruaridh Hook to chief financial officer, including a board seat, starting September 15. Hook currently is head of Commercial Finance and Financial Planning & Analysis, having joined Rightmove from accounting firm EY in 2016. Hook replaces Alison Dolan, who is departing to become CFO of retailer Marks & Spencer Group PLC. Shares in Rightmove had fallen 4.7% on Tuesday, after it said market conditions in the UK lettings market remain "fluid" and disclosed that a key listings contract in that space will not be renewed.

IN BRIEF: Haleon adds former Tesco and M&S CFO Alan Stewart to board

Haleon PLC - Weybridge, Surrey-based consumer healthcare firm spun-out of GSK PLC in 2022 - Hires Alan Stewart and Nancy Avila to be non-executive directors, both starting on September 1. Stewart is the former chief financial officer of retailers Tesco PLC and Marks & Spencer Group PLC. He currently is a non-executive director of brewer and distiller Diageo PLC and of trench coat maker Burberry Group PLC. Avila was chief information & technology officer at medical supplies firm McKesson Corp and also worked at Johnson Controls Inc and Abbott Laboratories Inc.

Cranswick's strong start to year bodes well for potential upgrades

(Alliance News) - Cranswick PLC continues to perform well, analysts said on Monday, after the firm disclosed a strong performance in the first quarter of its financial year.

LONDON BROKER RATINGS: Citigroup lifts BAE; Morgan Stanley cuts Drax

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