London close: Stocks jump on weaker sterling, easing geopolitics
22nd Apr 2024 14:54
(Sharecast News) - London's financial markets closed in the green on Monday, with the top-flight index remaining near record highs by the close.
Read moreJefferies upgrades M&S, Next and Sainsbury's to 'buy'
22nd Apr 2024 11:33
(Sharecast News) - Jefferies upgraded its stance on a host of UK retail stocks on Monday.
Read moreLondon close: Stocks mixed as investors watch Middle East newsflow
19th Apr 2024 16:56
(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.
Read moreLondon close: Stocks finish lower as ECB stands pat
11th Apr 2024 15:56
(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.
Read moreJPMorgan upgrades Marks & Spencer to 'overweight'
11th Apr 2024 07:54
(Sharecast News) - JPMorgan Cazenove upgraded Marks & Spencer on Thursday to 'overweight' from 'neutral' and lifted the price target to 330p from 260p as it took a look at European general retail.
Read moreLondon close: Stocks rise at start of busy week
8th Apr 2024 16:52
(Sharecast News) - London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.
Read moreOcado Retail sees strong first-quarter growth
26th Mar 2024 07:22
(Sharecast News) - Ocado Group reported strong trading at its Ocado Retail venture in the first quarter on Tuesday, with an 8.1% year-on-year increase in total item volumes propelling retail revenue to £645.3m, itself up 10.6%.
Read moreLondon close: Stocks mixed as investors look to US inflation data
11th Mar 2024 14:48
(Sharecast News) - London markets closed in a mixed state on Monday, reflecting a broader trend of cautious trading after a primarily weaker session in Asian markets overnight.
Read moreRBC Capital upgrades Marks & Spencer to 'outperform'
11th Mar 2024 09:03
(Sharecast News) - RBC Capital Markets upgraded Marks & Spencer on Monday to 'outperform' from 'sector perform' and lifted the price target to 300p from 285p.
Read moreM&S co-CEO Bickerstaffe to retire after AGM in July
7th Mar 2024 09:25
(Sharecast News) - Marks & Spencer confirmed on Thursday that co-chief executive Katie Bickerstaffe will retire after the annual meeting in July "to pursue her board career".
Read moreLondon close: Stocks languish ahead of Wednesday's Budget
4th Mar 2024 15:29
(Sharecast News) - London's stock markets finished in the red on Monday, reflecting investor apprehension ahead of the impending Spring Budget.
Read moreM&S wins court battle over Oxford St store demolition
1st Mar 2024 11:35
(Sharecast News) - Marks & Spencer has come a step closer to demolish its main store on London's Oxford Street after the High Court ruled that a decision by government minister Michael Gove to block the plan was unlawful.
Read moreLondon close: Stocks finish positive as US inflation moderates
29th Feb 2024 16:05
(Sharecast News) - London's stock markets finished with moderate gains on Thursday, buoyed by a combination of factors including a slowdown in US inflation, robust UK earnings reports, and encouraging mortgage approvals figures.
Read moreM&S investing £89m to raise store workers' pay to £12 an hour
27th Feb 2024 10:28
(Sharecast News) - High street retailer Marks & Spencer has announced it is to pay UK workers in the Real Living Wage of £12 per hour and make "significant improvements" in family leave policies.
Read moreLondon close: Stocks fall as investors look to US data
26th Feb 2024 15:11
(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.
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