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Marks And Spencer Group PLC Shares News & Articles

Market report: Marks & Spencer slumps on poor Christmas clothing sales, Card Factory collapses on profit warning

London’s FTSE 100 started Thursday on the front foot, gaining 31.4 points to top the 7,600 mark as tensions between the US and Iran seemed to cool overnight. Corporate news was dominated by a flurry of festive updates from the hard-pressed retail sector, with the British Retail Consortium (BRC) stating that annual sales dipped in 2019 for the first time since 1995. Embattled retail giant ...

Morrisons tops FTSE 100 leader board despite lean Christmas, but Aston Martin plunges on warning

As the supermarket Christmas trading reporting season kicked off investors seem pretty relieved by Tuesday’s Morrisons’ (MRW) update. Buyers sent the stock soaring 3% and to the head of the FTSE 100 leader board at 198.35p on Tuesday, while there was a none too surprising profit warning from luxury car maker Aston Martin Lagonda (AML) to digest. The supermarket chain is the first of the ...

Market report: Infrastructure investor John Laing tumbles, Dixons Carphone higher as losses narrow

The FTSE 100 opened somewhat higher this morning as the UK public goes to the polls, with markets tentatively optimistic of a Conservative victory. However, trading volumes were said to be low, and shortly after trading started, the UK’s benchmark index was up 0.25%, or 17.56 points, to 7,233.81. POUND AND POWER PRICE HITS JOHN LAING A big mover this morning was infrastructure investor ...

Market report: Broker support boosts Marks & Spencer, Phoenix rises on ReAssure deal

London’s FTSE firmed 59.1 points to 7,197 as the week drew to a close, with consumer-facing stocks back in fashion. JD Sports Fashion (JD.), Whitbread (WTB), Kingfisher (KGF) and Next (NXT) all featured in the blue chip index’s top 10 risers. Despite ongoing political uncertainty, early indications suggest that Black Friday was good for retailers, implying that consumers might have become ...
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