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BROKERS – IAG shares fly higher after UBS upgrade
Swiss broker UBS is bullish on IAG and has flown the shares up to ‘buy’ from ‘neutral’.
Company
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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Swiss broker UBS is bullish on IAG and has flown the shares up to ‘buy’ from ‘neutral’.
Investments and investor services
The mergers & acquisitions season appears to have started.
Merlin Entertainment, ASOS, Cable & Wireless, Cairn and Premier Oil are all in the broker spotlight
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Rising industrial production masks falling manufacturing output
Rolls Royce, Marks & Spencer and Lloyds Bank are in Tuesday’s broker spotlight
High street giant says business faced difficult markets in Q1
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Britain's top share index is called to open higher after falling yesterday as eyes turn to a crunch emergency meeting tonight over Greece...
Go to Hellas with a hand-basket is the advice if you are on prescription drugs.
While the food offering at Marks & Spencer has come on in leaps & bounds under Marc Bolland’s watch, the clothing division remains problematic.
We had conflicting messages from the housing sector last week, so trading updates from Bovis, Barratt and Taylor Wimpey might provide more clarity.
Berenberg equity analyst, Michelle Wilson, believes a strong online presence is not enough for retailers.
Berenberg equity analyst, Michelle Wilson, believes an operationally strong online presence is not enough for retailers.
Investments and investor services
In Europe, Greece deferred its payment to the International Monetary Fund while in the US, non-farm payroll data showed there were 280,000 new jobs generated in May.
Investments and investor services
London's blue-chip stocks were lower today on Grexit fears as prime minister Alexus Tsipras deferred the county's payment to the International Monetary Fund until the end of the month.
Investments and investor services
The companies involved in the Horse Hill project near Gatwick dominate the risers today.
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New haulage contracts help trucking group boost profits
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Retailer Marks & Spencer topped analyst estimates with its first annual profit rise in four years and cheering investors with a dividend boost and share buyback.