Hints and tips:
...The changes will come into force in the EU by the end of the year, and in the rest of the world from January 6 2020, it added....
...Obviously those numbers don't match, but the July 13 loan was for $6.8m.)...
...Thursday’s corporate calendar includes Marks and Spencer, Tesco, Asos, Booker, AO World, Barratt Developments, Premier Oil, Hays and Jupiter....
...It found that companies where a third of top bosses were women could expect a 6 percentage point increase in net margins....
...It has seen its share price outperform the FTSE 100 over the past year, climbing more than 4 per cent compared with a 6 per cent fall for the UK large-cap index....
...The news pushed Rolls-Royce shares down more than 6 per cent and they continued falling for the rest of the week....
...The FTSE 100 was 0.6 per cent higher or 36 points at 6,628, while the FTSE Eurofirst 300 added 0.5 per cent to 1,308....
...Normally, the US is a graveyard of British retail ambition, with everyone from Knickerbox to Marks & Spencer and even Tesco failing to match expectations....
...Fresh snowfalls across Britain weighed on the retailers, with Marks and Spencer down 1.7 per cent to 375½p, Next off 1.8 per cent to £19.85 and Dixons Retail 4.5 per cent weaker at 24¼p....
...Marks and Spencer was down 0.7 per cent to 399p, while Debenhams fell 2.8 per cent at 81¾p....
...Marks and Spencer recently started selling branded products in its food stores after sales of its own-label goods declined....
...However, sales of chilled ready meals, of which Marks and Spencer is a significant customer for Premier, had weakened as the recession worsened....
...Marks and Spencer extended a week-long rally, up 3 per cent to 260¼p, as the UK rate cut spurred Bernstein Research to upgrade its rating to “outperform”....
...Over the quarter, the mid cap index lost 644.7 points, or 6.1 per cent....
...Marks and Spencer dipped 2.7 per cent to 352¼p even though Capital Research & Management declared a raised stake of 5.5 per cent....
...The basic idea: 6 per cent dividend, $1,500bn in assets, and what happens when next year it has to mark back up the billions in debt it marked down this year?...
...But a $6.6bn takeover led by Bain Capital and Kohlberg KravisRoberts last year enabled the company to begin a turnround....
...Gross margins were up 3.6 percentage points to 42.8 per cent on the back of better buying....
...Next and Marks and Spencer continued their good runs, up 2 per cent to £15.30 and 1.4 per cent to 479p respectively on indications of strong Christmas trading....
...Marks and Spencer gained 1.1 per cent to 445¾p, boosted by a note from UBS, which added 25p to the retailer’s price target, now 475p....
...Ahead of its eagerly-anticipated second quarter trading update today, Marks and Spencer was another top gainer, up 2.3 per cent to 384p....
...It prompted another round of selling in large-chain retail stocks, with Wm Morrison down 2.3 per cent to 178p, J Sainsbury 2.8 per cent weaker at 275p and Marks and Spencer 0.6 per cent softer at 345¼p....
...High street retailer Alexon slid 6.5 per cent to 257½p after reporting a fall in first-half profits....
...Underlying clothing and home sales fell 6.7 per cent in the fourth quarter....
...Both Next and Marks & Spencer also forecast there would be little upturn in the sector before November....
International Edition