** Marks & Spencer up 6.1 pct at levels not seen in7 yrs & poised for biggest 1-day rise since early Nov in robustvolume
** Q4 general merchandise sales LFL up 0.7 pct vs analysts'forecast of a drop of 1.2 pct & Q3 decline of 5.8 pct(reflecting unseasonal weather & e-commerce disruption)
** 1st time in 15 quarters M&S not posted fall in non-foodLFL sales; co starting to put online distribution problemsbehind it
** Stock nonetheless up almost 40 pct over last 6 mths amidfood business outperforming wider grocery market & improvingprofit margins both in non-food & food (RM: tricia.wright1.thomsonreuters.com@reuters.net)
Marks & Spencer (MKS)