Marks and Spencer unwraps weak Christmas trading update
499815
Retailer Marks & Spencer said Wednesday it faced flagging sales in the run-up to Christmas and issued a gloomy outlook for 2008, sending its share price plunging by a fifth in value.
106240
European stocks were little changed on Wednesday as a mixed perfomances from the banking sector overshadowed strength for retailers in the run up to Christmas.
96037
The leading share index fell Monday after a volatile trading session which saw J Sainsbury and Marks & Spencer under heavy selling pressure ahead of Christmas sales due later in the week.
394039
UK blue chips closed lower, off the day's highs, with a weak start on Wall Street, ahead of Thursday's Thanksgiving holiday, and fading bid hopes at ITV weighing on market sentiment, dealers said.
748156
Retailers say they're having trouble meeting this year's Christmas forecasts. Not online, though.
764980
Marks &amp; Spencer yesterday revealed a further deterioration in trade - with dire new sales figures for its fashion, food and homewares - as it launched a Â£2.
181657
Sentiment toward the U.S. housing sector remained poor in December and a regional factory index showed weakness, while other data on Monday suggested the dollar's shrinking value had boosted trade and capital inflows in recent months.
508187
Blue chips closed lower off highs as Wall Street remained lower with interest rate sensitive sectors such as retailers bearing the brunt of the falls with a disappointing update from DSG International helping to weigh down the FTSE 100.
153670
The impact of rising interest rates and bad weather on stores will be seen as Marks & Spencer outlines recent trading.
408130
The dollar shuttled in a narrow range  against most major currencies in light trade ahead of  Christmas, but sterling tumbled on fears that UK interest rates  could move lower.
696869
Business & money: Marks & Spencer's womenswear business has lost market share in the weeks since Christmas as shoppers' love affair with Twiggy fizzles out
719326
Stocks tumbled after a weak sales estimate by Wal-Mart spurred concerns about the holiday shopping season.
544929
The pound continued under pressure in late trade as weak UK data and rumours of adverse mergers and acquisitions type flows dented sentiment.
365428
European shares slid on Wednesday, with London hit by a gloomy update from retail darling Marks & Spencer, and after heavy overnight US losses sparked by fresh housing strains.
654678
Marks &amp; Spencer has announced a shake-out of top management after revealing a deterioration in trading conditions but it has not issued a profit warning the market had feared.
759471
Early holiday sales reports are weak, with Target Corp., the nation's No.2 retailer, warning that its sales may have fallen in December.
240314
Debenhams reports better-than-expected Christmas trading, but Blacks Leisure warns on profits.