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FTSE 100 rouses itself in the afternoon hours; Wall Street eagerly picks up the baton
London's leading index ended Monday up 34 points, 0.5%, at 7,052
Company
Marks and Spencer Group PLC
LON:MKS
Marks and Spencer Group is a retailer of clothing, food and home products in the United Kingdom. The Company has 622 stores, including Simply Food franchise stores, as well as an international business.
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Marks & Spencer aims to 'accelerate pace of change' with new board rejig
As well as more responsibilities for the finance chief, two directors are being moved to become joint operations bosses, with the operations director shifting to a focus on 'future stores'
Aldi puts Marks and Spencer’s in a pickle over charity call for 'cousins' of Colin the caterpillar
The FTSE 250 grocer suggested Aldi should come up with its own character
Marks And Spencer gets the hump with Aldi over Colin the Caterpillar cake
Does Aldi have a leg to stand on? Several legs to stand on, even?
Marks and Spencer to close 29 in-store bank branches amid restructuring
The bank looks to boost its online offering and cardless payment methods for customers
High street survivors to benefit from pent-up demand for offline purchases, says broker
Marks & Spencer, Next and Primark are expected to grab more market share once restrictions are lifted
Marks and Spencer downgraded to ‘sector perform’ by RBC Capital Markets over challenges in clothing, international segments
Food is doing well, helped by the Ocado joint venture, but the other parts of the business have taken a hard hit from the pandemic
Logistics sector eyes ongoing Brexit boom as border chaos continues
While the UK's recent departure from the EU avoided the cliff-edge of a no-deal exit, the imposition of new customs paperwork and a backup of goods lorries at ports has left those in the freight management and warehouse business in a lucrat
Marks and Spencer sales not as bad as expected as online keeps improving
Food sales were up 2.6%, while Clothing & Home sales fell 24%
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FTSE 100 closes marginally ahead on Friday as equities make strong start to 2021
The UK's top share index finished the day around 16 points higher, or 0.24%, at 6,873 Over the week as a whole, it added around 6.4%.
Builders and building materials
M&S, Barratt and US jobs report on the agenda for Friday
There should also be a house prices update from Halifax
M&S closes in on deal to pluck Jaeger from administration
The high street giant is reportedly on the verge of acquiring the fashion brand after its previous owner Edinburgh Woollen Mill Group collapsed in November
Shortened Christmas Eve session to see few fireworks
With the company news and macro calendars mostly bare as markets begin to shut down for the festive season, ongoing turbulence over Brexit and US stimulus are likely to dominate the conversation on Thursday
Open all hours: retailers to be allowed 24-hour trading under temporary measures
England comes out of its second lockdown and enters a new round of tiered restrictions on Wednesday
Black Friday may not produce the profit bonanza retailers are hoping for
The UK's more traditional retailers are facing even fiercer competition from their online rivals this year as pandemic restrictions shift the battlefield into the digital arena
Marks & Spencer to close stores on Boxing Day in policy reversal
The high street retailer had originally planned to open 200 stores on the day after Christmas, however, it said it would now keep them closed to allow workers to spend more time with their families
Marks and Spencer needs to prove itself with overhaul strategy
The retailer has announced significant changes, which many say were long overdue
Marks and Spencer posts first-ever loss, banking on online sales to save Christmas
The retailer is also launching a new website within the home & clothing division to compete with other ‘pure play’ e-commerce brands
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FTSE 100 finishes strong, Wall Street follows suit despite election uncertainty
It looks like we might have to get Harry Hill in to decide the election result unless we want to wait until (say) Friday
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US election results to dominate on Wednesday, M&S results key event in company calendar
Most attention will likely be on whether the most contested election in recent history has resulted in a clear outcome