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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: 286.50
Bid: 286.40
Ask: 286.60
Change: -7.40 (-2.52%)
Spread: 0.20 (0.07%)
Open: 294.70
High: 295.00
Low: 286.00
Prev. Close: 293.90
MKS Live PriceLast checked at -

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FTSE 100 movers: Financials, Big oil pace gains

Wed, 25th May 2016 16:34

(ShareCast News) - Financials were again to be found near the top of the leaderboard on Wednesday with shares of 'big oil' firms nipping at their heels.According to an opinion poll conducted for the Evening Standard by Opinium, voters in London said they were overwhelmingly in favour of the UK staying inside the European Union, by a margin of 60% in favour to 40% against. The results saw cable extend its recent gains by 0.56% to stand at 1.4716 and boosted shares in the main banking groups, those of RBS in particular.To take note of, easyJet also stood to gain in the case of the UK remaining inside the EU given the critical importance for the company of unfettered access to the rest of the Continent.Shares in BP and Royal Dutch Shell were also in favour as cruide oil futures continued to flirt with the psychological $50 a barrel price level. As of 16:12 BST front month Brent futures were up by 1.28% to $49.24 per barrel against the backdrop of data Stateside revealing a large drop in commercial oil inventories in the States.Marks & Spencer was out of fashion as the retailer reported an 18.5% drop in full-year profits. New chief executive Steve Rowe appeared to engage in some canny 'kitchen sinking', warning that the current year's profits will be hit by his plan to turnaround the clothing business. Rowe pushed through a £200m charge on non-underlying items that dragged down profits for 53 weeks to 26 March, with underlying pre-tax profits rising 4.3% to £689.6m on sales up 2.4% to £10.6bn.Calculating that Tesco's sales performance at larger stores was likely to be worse than reported and that margins should be "permanently rebased lower", Credit Suisse has cut its earnings estimates and its target price on the supermarket group. The Swiss broker slashed its target to 115p from 135p but kept its 'underperform' rating.Intertek Group was unloved despite reporting a 2.3% increase in organic sales for the first four month of the year, ahead of estimates from analysts at Shore Capital. The FTSE 100 testing, inspection and certification company´s management said its resource-related business continued to suffer from challenging markets.Taylor Wimpey was also out of favour, alongside a retreat in the likes of Persimmon and Land Securities. In the previous session, two of its directors, Pete Redfern and James Jordan, offloaded a significant amount of shares, the company said in a statement.
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9 Nov 2022 08:57

LONDON MARKET OPEN: Stocks falter on China Covid fears; US vote eyed

(Alliance News) - Stock prices in London opened on the back foot on Wednesday, amid declines in Asia and elsewhere in Europe as well, continuing what has been a negative week so far for the FTSE 100 index.

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9 Nov 2022 08:25

Bank man fried

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at .

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9 Nov 2022 08:06

Britain's M&S warns of 'gathering storm' of higher costs and weak consumer

H1 profit down 24%

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9 Nov 2022 07:53

LONDON BRIEFING: Flutter ups US outlook; Aviva backs payout guidance

(Alliance News) - Shares in London are set to open lower on Wednesday, with virus worries in China harming sentiment once again, while attention also is on US politics.

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9 Nov 2022 07:02

M&S warns of demand contraction as interim profits fall

(Sharecast News) - UK food and clothing retailer Marks & Spencer on Wednesday said it expected a material contraction in demand over the next 18 months as it reported a fall in interim profit, but backed its customers to be more resilient than market assumptions.

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8 Nov 2022 12:24

Wednesday preview: US Mid-term elections, Marks and Spencer in focus

(Sharecast News) - All eyes on Tuesday were expected to be on the results of the US mid-term elections and whether or not they resulted in legislative gridlock on Capitol Hill.

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8 Nov 2022 06:22

Tesco, M&S, Sainsbury's and others team to speed up climate action

(Alliance News) - Five of the UK's biggest supermarkets have agreed to join forces to speed up their work on tackling climate change with suppliers in the next year.

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2 Nov 2022 15:43

UK earnings, trading statements calendar - next 7 days

Thursday 3 November 
BT Group PLCHalf Year Results
Gattaca PLCFull Year Results
Glanbia PLCQ3 Results
Helios Towers PLCQ3 Results
Hikma Pharmaceuticals PLCTrading Statement
Howden Joinery Group PLCTrading Statement
J Sainsbury PLCHalf Year Results
Lancashire Holdings LtdTrading Statement
OSB Group PLCTrading Statement
Polymetal International PLCQ3 Results
RS Group PLCHalf Year Results
Rolls-Royce Holdings PLCTrading Statement
Smith & Nephew PLCTrading Statement
TI Fluid Systems PLCTrading Statement
Trainline PLCHalf Year Results
UP Global Sourcing Holdings PLCFull Year Results
WAG Payment Solutions PLCTrading Statement
Wheaton Precious Metals CorpQ3 Results
Woolworths Group LtdQ1 Results
Friday 4 November 
Apax Global Alpha LtdFull Year Results
Monday 7 November 
Great Eastern Energy Corp LtdHalf Year Results
Kingspan Group PLCTrading Statement
Ryanair Holdings PLCHalf Year Results
Tuesday 8 November 
Argentex Group PLCHalf Year Results
Associated British Foods PLCFull Year Results
Aveva Group PLCHalf Year Results
Beximco Pharmaceuticals LtdFull Year Results
Coca-Cola HBC AGTrading Statement
DCC PLCHalf Year Results
Direct Line Insurance Group PLCTrading Statement
Egdon Resources PLCFull Year Results
Hilton Food Group PLCTrading Statement
Marks Electrical Group PLCHalf Year Results
Oxford Instruments PLCHalf Year Results
Persimmon PLCTrading Statement
Warehouse REIT PLCHalf Year Results
YouGov PLCFull Year Results
Zoo Digital Group PLCHalf Year Results
Wednesday 9 November 
Aviva PLCTrading Statement
Biffa PLCHalf Year Results
Conduit Holdings LtdTrading Statement
Dignity PLCTrading Statement
Flutter Entertainment PLCTrading Statement
Gelion PLCFull Year Results
Georgia Capital PLCQ3 Results
Gym Group PLCTrading Statement
JD Wetherspoon PLCTrading Statement
ITV PLCTrading Statement
Marks & Spencer Group PLCHalf Year Results
MaxCyte IncQ3 Results
Norcros PLCHalf Year Results
Picton Property Income LtdHalf Year Results
Smiths News PLCFull Year Results
Taylor Wimpey PLCTrading Statement
Tracsis PLCFull Year Results
Volex PLCHalf Year Results
Watches of Switzerland Group PLCHalf Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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2 Nov 2022 10:07

LONDON BROKER RATINGS: Liberum cuts boohoo; JPMorgan cuts Ocado

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

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1 Nov 2022 13:18

Ocado enters South Korea with Lotte Shopping deal

Lotte Shopping becomes Ocado's 12th partner

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1 Nov 2022 11:06

LondonMetric completes sale of two assets for GBP28 million

(Alliance News) - LondonMetric Property PLC on Tuesday completed the sale of two assets for GBP28.2 million, reflecting a blended net initial yield of 4.6%.

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23 Oct 2022 13:41

Sunday newspaper round-up: Sunak, UK sovereign debt, Marks & Spencer

(Sharecast News) - Rishi Sunak has confirmed he is in the running for the leadership of the Tory party, having failed to reach a deal with Boris Johnson overnight. The former Chancellor, who had won the backing of 130 Tory MPs, said: "The UK is a great country but we face a profound economic crisis. The choice our party makes now will decide whether the next generation of British people will have more opportunities than the last. That's why I am standing to be your prime minister and the leader of the conservative party. I want to fix our economy, unite our party and deliver for our country." - The Sunday Times

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21 Oct 2022 12:03

Deliveroo lowers guidance for gross transaction value but shares rise

(Alliance News) - Deliveroo PLC on Friday narrowed its guidance range for gross transaction value growth towards the lower end of previous guidance as it confirmed the starting date for its new chief financial officer.

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21 Oct 2022 09:38

LONDON BROKER RATINGS: HSBC cuts Asos; Berenberg likes Synthomer

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

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17 Oct 2022 12:39

CORRECT: LONDON BROKER RATINGS: Morgan Stanley cuts Lloyds

(Correcting to clarify that Morgan Stanley did not lift its Standard Chartered recommendation, only its price target for the stock.)

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