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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: Rate fears weigh on banks

Mon, 12th Sep 2016 15:28

(ShareCast News) - UK blue chips were mostly in the red on Monday as investors got in a tizzy as they feared various economic and political possibilities across the Atlantic at the end of last week, sending London-listed financial stocks lower in particular. With worries about the US Federal Reserve raising rates, this is also the week when the Bank of England is due to meet to discuss monetary policy, which seems to have conspired to give the willies to UK banking investors, with Lloyds Banking Group, Royal Bank of Scotland, Barclays and Standard Chartered leading the declines on the FTSE 100.While the short-term macroeconomic outlook is expected to supportive for asset quality and loan growth, monetary policy is set to weigh on bank margins for a while yet, with a note from Morgan Stanley on Monday morning suggesting UK banks net interest income will fall circa 2% per annum for the next few years.Over the weekend, some large Lloyds shareholders also called on the high street lender to strengthen its internal succession plan and address a perceived overreliance on scandal-hit chief executive António Horta-Osório. On Monday, two executives were reported to have departed, as Horta-Osorio looks to reshape, while an attempt to meet targets for cutting costs could see another 3,000 jobs cut as the Spaniard looks to remain at the helm of the bank.It was also reported that hundreds of businesses are threatening the Financial Conduct Authority with legal action because of delays to a long-awaited report into the activities of RBS's restructuring unit. Lawyers acting for more than 400 companies, which claim they were mistreated by RBS's Global Restructuring Group have written to the City regulator saying that they plan to launch a judicial review into the handling of the issue, according to the Times.Marks & Spencer was another faller as it emerged that Laura Wade-Gery, the executive director of multi-channel who relaunched the retailers website, will not return from maternity leave.Wade-Gery was poached from Tesco in 2011, where she had been the grocer's e-commerce director and was lined up to become commercial director of non-food operations.Leading the risers was Morrisons ahead of its interim results on Thursday. The supermarket group's new management team already have a reputation for over-delivering and the second quarter's trading expected to have been robust. .Vodafone was another in what was a lacklustre leaderboard, possibly helped by an encouraging report from financial weekly Barron's that suggested shares in the mobile carrier could rise by a third. Market MoversFTSE 100 (UKX) 6,687.58 -1.32%FTSE 250 (MCX) 17,691.35 -1.13%techMARK (TASX) 3,435.86 -0.39%FTSE 100 - RisersMorrison (Wm) Supermarkets (MRW) 195.00p 1.30%Shire Plc (SHP) 4,726.00p 0.49%AstraZeneca (AZN) 4,839.00p 0.42%Vodafone Group (VOD) 222.10p 0.36%Paddy Power Betfair (PPB) 8,950.00p 0.34%Burberry Group (BRBY) 1,256.00p 0.24%British American Tobacco (BATS) 4,706.50p 0.23%Reckitt Benckiser Group (RB.) 7,193.00p 0.17%SABMiller (SAB) 4,388.00p 0.10%Hikma Pharmaceuticals (HIK) 2,106.00p -0.09%FTSE 100 - FallersAssociated British Foods (ABF) 2,796.00p -11.41%Marks & Spencer Group (MKS) 324.50p -5.56%Lloyds Banking Group (LLOY) 56.95p -3.98%Royal Bank of Scotland Group (RBS) 198.50p -3.97%Standard Life (SL.) 341.30p -3.56%Barclays (BARC) 168.65p -3.49%Standard Chartered (STAN) 617.60p -3.45%Micro Focus International (MCRO) 2,132.00p -3.44%ITV (ITV) 196.30p -3.25%BHP Billiton (BLT) 985.00p -3.19%FTSE 250 - RisersSVG Capital (SVI) 649.50p 14.65%Genus (GNS) 1,904.00p 3.48%IP Group (IPO) 187.60p 3.08%HarbourVest Global Private Equity Limited A Shs (HVPE) 959.50p 2.29%NCC Group (NCC) 326.60p 1.74%JD Sports Fashion (JD.) 1,334.00p 1.68%Euromoney Institutional Investor (ERM) 1,057.00p 1.54%Cranswick (CWK) 2,278.00p 1.33%Dechra Pharmaceuticals (DPH) 1,349.00p 1.12%Pets at Home Group (PETS) 247.90p 0.98%FTSE 250 - FallersEvraz (EVR) 132.70p -4.87%Amec Foster Wheeler (AMFW) 550.00p -4.51%Halfords Group (HFD) 347.70p -4.37%Ladbrokes (LAD) 143.30p -4.02%CLS Holdings (CLI) 1,536.00p -3.94%Henderson Group (HGG) 231.30p -3.75%Renishaw (RSW) 2,632.00p -3.73%Hays (HAS) 132.50p -3.50%G4S (GFS) 232.20p -3.49%Micro Focus International (MCRO) 2,132.00p -3.44%
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27 Jun 2023 16:56

IN BRIEF: Ocado adds former Ted Baker CEO Osborne to board as non-exec

Ocado Group PLC - Hertfordshire-based online grocer and warehouse technology firm - Appoints Rachel Osborne as independent non-executive director from September 1. She is the former chief executive officer of fashion retailer Ted Baker. Osborne was formerly chief financial officer of Debenhams PLC and Domino's Pizza Group PLC and was finance director of John Lewis Division within the John Lewis Partnership.

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27 Jun 2023 15:46

UK shareholder meetings calendar - next 7 days

Wednesday 28 June 
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Warpaint London PLCAGM
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Thursday 29 June 
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SpaceandPeople PLCAGM
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tinyBuild IncAGM
Trainline PLCAGM
Touchstone Exploration IncAGM
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Verici Dx PLCAGM
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Friday 30 June 
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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27 Jun 2023 08:00

Online's share of UK grocery market dips as heat pushes shoppers to stores

Online was 10.4% of total UK grocery market in June

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26 Jun 2023 10:45

UK's Sainsbury's cuts more prices, adding to signs of abating inflation

Sainsbury's cuts price of chicken, pasta and rice

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25 Jun 2023 18:22

Sunday newspaper round-up: Government debt, High-inflation trap, Car insurance

(Sharecast News) - The cost of servicing the government's debt mountain will surpass £500bn over the next five years, due to high inflation and steep interest rates. Interest rate payments on that debt will rise to their highest level as a proportion of economic output since the late 1940s. This year alone, the interest rate bill for an individual household was already £4,000. That has also led to concerns that public spending, including for education and health services, will need to be squeezed in order to balance the books. - The Financial Mail on Sunday

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22 Jun 2023 14:54

Shares of UK online supermarket Ocado soar on talk of Amazon bid interest

Times report says talk of bid interest from U.S. suitors

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21 Jun 2023 07:56

LONDON BRIEFING: Berkeley profit up; THG CEO surrenders golden share

(Alliance News) - Stocks in London are called lower on Wednesday, after hotter-than-expected UK inflation data wrong-footed forecasters once again and heaped more pressure on the Bank of England.

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21 Jun 2023 05:56

WH Smith, M&S and Argos 'named and shamed' over minimum wage failures

(Alliance News) - Retailers including WH Smith PLC, Marks & Spencer Group PLC and Argos Ltd are among firms who have been "named and shamed" by the government for breaking the minimum wage law.

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21 Jun 2023 00:01

UK fines WH Smith, M&S and others for not paying minimum wage

LONDON, June 21 (Reuters) - Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest paid staff the minimum wage between 2017 and 2019.

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19 Jun 2023 14:31

Britain's M&S the latest supermarket to cut prices

M&S cuts prices of 70 products, holds prices of 150

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12 Jun 2023 11:57

Staffline shares drop despite confidence in future prospects

(Alliance News) - Staffline Group PLC on Monday hailed a strong performance so far this year, said it still enjoys "substantial" headroom and added that it remains confident in its medium to long-term prospects.

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8 Jun 2023 12:12

M&S agrees settlement with Swizzels in Percy Pig court case

(Alliance News) - Marks & Spencer Group PLC has agreed a settlement with British sweet-maker Swizzels Matlow Ltd after accusing it of copying its much-loved Percy Pigs.

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7 Jun 2023 09:42

LONDON BROKER RATINGS: Goldman cuts Croda to neutral; Davy likes Wise

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

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2 Jun 2023 11:07

IN BRIEF: Marks & Spencers tenders GBP228.1 million loan notes

Marks & Spencers PLC - London-based food, clothing, home and bank services retailer - Says it has tendered GBP107.2 million of GBP300.0 million 3.750% notes that are due in 2026, and that it has tendered GBP120.9 million of GBP324.6 million 4.750% notes due in 2025. This follows the invitation made to holders of outstanding notes to tender their notes for purchase by the company for cash in an aggregate nominal amount of up to the 2025 notes and 2026 notes maximum acceptance amount. The offers were announced in May 2023, and were made on terms and subject to conditions contained in the tender offer memorandum. The company also announces that the 2025 and 2026 notes final acceptance amount is expected to be set at GBP219.4 million in aggregate nominal amounts of notes.

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30 May 2023 09:14

LONDON BROKER RATINGS: RBC cuts Dr Martens to 'sector perform'

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

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