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  4. BUZZ-M&S: online delivery woes hurt Christmas performance

BUZZ-M&S: online delivery woes hurt Christmas performance

Thu, 08th Jan 2015 08:18

** M&S biggest loser on the FTSE & heads towards2-mth lows after seeing its Christmas blighted by onlinedelivery problems

** Posts 5.8 pct drop in underlying sales of clothing, gifts& home ware in Q3, far underperforming analyst expectations fora 3 pct drop

** Stock, down 2.4 pct, second most actively traded stock onFTSE100 behind Tesco which leads gains on UK benchmarkafter CEO Dave Lewis sets out plan for revival

** J Sainsbury & Wm Morrison up 3 pct & 2.2pct respectively (RM: tricia.wright1.thomsonreuters.com@reuters.net)

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