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Marks&Spen


Noticias

Ocado's shares hit as Canadian partner Sobeys pauses warehouse opening

UPDATE 4-Ocado's shares hit as Canadian partner Sobeys pauses warehouse opening Sobeys won't open robotic warehouse in Vancouver in 2025 Ocado and Sobeys end 'mutual exclusivity' deal Ocado says 2024 financial guidance unchanged Ocado shares down 16% Updates shares in paragraph 1 and 3, analyst comment paragraph 5 By James Davey and Echha Jain June 20 (Reuters) - Ocado Group's OCDO.L shares slumped more than 16% on Thursday after the online grocer and technology group said its Canadian supermark
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British Business - June 19

PRESS DIGEST-British Business - June 19 June 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - A CVC-led bidding consortium has lifted its informal offer for Hargreaves Lansdown HRGV.L to 5.4 billion pounds ($6.86 billion) and taken the unusual step of offering existing shareholders the chance to share in the investment platform's future success.
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Shein committed to engage on sustainability, labour when joined UK retail group, BRC CEO says

Shein committed to engage on sustainability, labour when joined UK retail group, BRC CEO says By James Davey LONDON, June 13 (Reuters) - Fast-fashion group Shein committed to engage on issues including sustainability and ethical labour policies when it was allowed to join the British Retail Consortium (BRC), the head of the industry body told Reuters.
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Credit Agricole, Hermes, Whitbread

EUROPE RESEARCH ROUNDUP-Credit Agricole, Hermes, Whitbread June 12 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Credit Agricole, Hermes and Whitbread, on Wednesday. HIGHLIGHTS * Credit Agricole CAGR.PA : Jefferies raises to buy from hold * Flutter Entertainment Plc FLTRF.L : JP Morgan cuts target price to 20,700p from 21,300p * Hermes HRMS.PA : Barclays cuts target price to EUR 2320 from EUR 2410 * Renew Holdings Plc RNWH.L : Ber
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British Business - June 6

PRESS DIGEST-British Business - June 6 June 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Three British oil and gas companies, namely Jersey Oil and Gas JOG.L , Serica Energy SQZ.L and Neo Energy, have delayed a decision on a new development in the North Sea amid uncertainty over whether a potential UK Labour government would impose more punitive windfall taxes
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Financial Times - June 4

PRESS DIGEST- Financial Times - June 4 June 4 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - M&S chief awarded 4.7 mln stg pay package amid retailer's turnaround - StanChart's Iran transactions subject of fresh whistleblower claims - Former Melrose executives take major share of 180 mln stg bonus pot - Demand for private healthcare hits record high in UK Overview - Marks and Spencer's
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UK supermarket sales set for Euro 2024 fillip, says NIQ

UK supermarket sales set for Euro 2024 fillip, says NIQ UK supermarket sales up 3.3% in 4 weeks to May 18 -NIQ Ocado, Lidl and M&S are UK's fastest growing grocers Nearly half of UK households interested in Euro 2024 LONDON, May 31 (Reuters) - The return of some warm weather in May helped drive sales growth at British supermarkets and they are set for a boost from the upcoming Euro 2024 soccer championship, according to industry data published on Friday.
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British Land beats sector gloom with retail parks bet

British Land beats sector gloom with retail parks bet By Aby Jose Koilparambil May 30 (Reuters) - Commercial landlord British Land BLND.L has outperformed the broader UK property market, thanks to its strategy of adding more out-of-town retail parks to its portfolio that has allowed it to weather beaten-down building values in the sector. The Broadgate owner has been doubling down on its investments in retail parks since 2021 as its core business of office-focused campuses still recovers from st
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UK Stocks-Factors to watch on May 30

UK Stocks-Factors to watch on May 30 May 30 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday, with futures FFIc1 down 0.4%. * BP: British oil major BP BP.L and Trinidad and Tobago's state energy firm NGC have received a two-year license from the U.S. Treasury Department to negotiate and develop the Cocuina-Manakin gas fields with Venezuela, Trinidad's energy minister said.
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UK's M&S taps Rightmove's Alison Dolan as finance chief

UPDATE 2-UK's M&S taps Rightmove's Alison Dolan as finance chief Dolan will succeed interim CFO Jeremy Townsend Townsend will remain in role until May 2025 Dolan's starting date to be decided in due course Adds share movement in paragraph 3, details on Dolan in paragraph 7 May 29 (Reuters) - Marks & Spencer (M&S) MKS.L said on Wednesday it has appointed Alison Dolan as its chief financial officer, days after the British retailer smashed profit forecasts and announced its first yearly dividend si
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M&S names Rightmove's Alison Dolan as CFO

M&S names Rightmove's Alison Dolan as CFO May 29 (Reuters) - British retailer Marks & Spencer MKS.L said on Wednesday it has appointed Rightmove's RMV.L Alison Dolan as its chief financial officer. Reporting by Anandita Mehrotra in Bengaluru; Editing by Shailesh Kuber
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Marks And Spencer Group Says Andrew Fisher To Stand Down From Board

BRIEF-Marks And Spencer Group Says Andrew Fisher To Stand Down From Board May 28 (Reuters) - Marks and Spencer Group PLC MKS.L : MARKS AND SPENCER GROUP - ANDREW FISHER TO STAND DOWN FROM BOARD Source text for Eikon: ID:nRSb1287Qa Further company coverage: MKS.L
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Washout for UK retailers as rain spurs sharp drop in April sales

UPDATE 2-Washout for UK retailers as rain spurs sharp drop in April sales UK retail sales fall 2.3% month-on-month Wet weather hurts sales, ONS says Figures add to mixed picture since Sunak called election Some analysts see better days ahead for UK retail Adds economist reaction, background By Andy Bruce May 24 (Reuters) - British retail sales slid by far more than expected in April as rainy weather kept shoppers away, in more mixed economic news for Prime Minister Rishi Sunak ahead of a nationa
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Anglo American, Nestle, Unilever

EUROPE RESEARCH ROUNDUP-Anglo American, Nestle, Unilever May 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Anglo American, Nestle and Unilever on Thursday. HIGHLIGHTS * Anglo American AAL.L : Jefferies raises target price to 3,200p from 3,000p * DCC Plc DCC.L : HSBC raises target price to 7920p from 7170p * Marks and Spencer Group MKS.L : Jefferies raises target price to 330p from 310p * Nestle SA NESN.S : JP Morgan cuts to neu
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M&S doubles down on refusal of final payment for Ocado Retail

M&S doubles down on refusal of final payment for Ocado Retail By James Davey LONDON, May 22 (Reuters) - Marks & Spencer MKS.L reiterated its position on Wednesday that it does not have to make a final payment to Ocado Group OCDO.L for its share of the Ocado Retail online supermarket joint venture. In 2019, M&S agreed to pay up to 750 million pounds ($955 million) for its half of the jv, which took M&S food online.
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STOXX stumbles as autos drag

LIVE MARKETS-STOXX stumbles as autos drag Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX STUMBLES AS AUTOS DRAG Europe's STOXX 600 .STOXX is down 0.3%, dragged lower by autos .SXAP while travel and leisure .SXTP stocks provide somewhat of a buffer, one of just two sectors trading positively along with tech.
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London stocks fall as inflation data pushes back June rate cut hopes

UPDATE 2-London stocks fall as inflation data pushes back June rate cut hopes For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window FTSE 100 down 0.6%, FTSE 250 off 0.4% British CPI rises to 2.3% in April Marks & Spencer soars on annual profit boost Updated at 1551 GMT By Pranav Kashyap and Purvi Agarwal May 22 (Reuters) - Britain's FTSE 100 closed at a two-week low on Wednesday after hotter-than-expected British inflation pushed back hopes of
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Carmakers drive European stocks to one-week low; tech in focus

UPDATE 2-Carmakers drive European stocks to one-week low; tech in focus For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. European automakers skid to three-month lows M&S soars after jump in annual profit European shares to hit pause before rising again in 2025 - poll Updated at 1610 GMT By Sruthi Shankar and Johann M Cherian May 22 (Reuters) - European stocks closed at a one-week low on Wednesday, hurt by a sell-off in automakers followi
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M&S 'not overly worried' about Labour Party's plan to boost employee rights

M&S 'not overly worried' about Labour Party's plan to boost employee rights LONDON, May 22 (Reuters) - British retailer Marks & Spencer MKS.L is "not overly worried" by the prospect of a new Labour government boosting employee rights, its boss said on Wednesday. "I'm not overly worried about what a change of government or new labour practices could be.
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M&S CEO: UK consumer feeling 'more optimistic'

M&S CEO: UK consumer feeling 'more optimistic' LONDON, May 22 (Reuters) - The British consumer is feeling "more optimistic", the chief executive of Marks & Spencer MKS.L told reporters on Wednesday. "I do think people are feeling more optimistic about many things. I think the inflation numbers that just came out this morning as well give people some reassurance," CEO Stuart Machin said.
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