Hints and tips:
...Arm’s chief legal officer Spencer Collins had informed City minister Andrew Griffith on Wednesday, one of them said....
...(FT) News round-up Chip and phone supply chain shaken as Huawei faces mortal threat (FT + Lex) Marks and Spencer to axe 7,000 jobs over next three months (FT) Tech investor Kevin Hartz joins Spac boom...
...The announcement knocked the price of bitcoin by more than 5 per cent from about $9,200 to less than $8,700....
...Bitcoin, meanwhile, was 9.9 per cent lower at $13,423 after the South Korean government said it was preparing a bill to ban cryptocurrency trading as a clampdown on virtual currencies gathers pace in one...
...Although comparisons are imperfect, margins at the exchange averaged 34.9 per cent between 2010 and 2013....
...Marks and Spencer added 2.2 per cent to 480.6p, Sports Direct gained 1.9 per cent to 698p and Next rose 1.4 per cent to £63.20. The BRC said Furniture and Flooring was the best performing category....
...The Navarra-based company last week saw 28.9 per cent of its investors vote against its remuneration report and has said it will take recommendations from Spencer Stuart, the consultant, over the structure...
...Reed’s shares have underperformed the FTSE All-Share Media index by 3.9 per cent in the past 12 months....
...The last options expiry of the year meant volumes across the wider market were up on recent levels, but the FTSE still ended down 0.2 per cent, or 9.37 points, to 5,871.75....
...Marks and Spencer was down 0.7 per cent to 399p, while Debenhams fell 2.8 per cent at 81¾p....
...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”....
...Marks and Spencer lost 2.3 per cent to 387¼p in the wake of Friday’s warnings from New Look and Arcadia. of weak sales growth....
...Elsewhere, the FTSE 250 settled 85.9 points, or 0.9 per cent, lower at 9,845.5....
...The better-than-expected news from Next sparked a general rise in retail stocks, with Marks and Spencer, Boots and DSG International all enjoying slight uplifts in their share prices on the news....
...It also thinks underlying food sales will be up 1 per cent against a fall of 2.9 per cent last time round. CSFB upgraded M&S at the end of September, adding £30m to its pre-tax profit....
...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....
...That compared with just $9.4bn in box office revenues last year....
...Shares opened down 1.9 per cent on Monday at 361p. Philip Dorgan, at Panmure Gordon, said: “He’s the only one there who knows the numbers. It’s a blow.”...
...Trans-Siberian Gold rose 16.9 per cent to 45p after a management shake-up....
...There was strong volume of 25m shares in Aegis, up 1.9 per cent to 120½p, amid talk of a possible bid approach....
...The FTSE 100 finished 39.5 points, or 0.7 per cent, higher at 5,453.1, having peaked at 5,456.9 earlier in the session. The FTSE 250 index rose 27.9 points, or 0.4 per cent to 7,895.8....
...Stuart Rose, chief executive of Marks and Spencer, on Tuesday insisted that he was still on track to turn round the clothing retailer in spite of its sixth consecutive quarter of falling like-for-like sales...
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