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26 May 2021 | 07:15am StockMarketWire.com - Clothing and food group Marks & Spencer posted yet another full-year loss as the pandemic weighed on sales and it continued attempts to transform a business pressured by online and fast-fashion retailers. Pre-tax losses for the 53 weeks through 3 April amounted to £259.7 million, compared to losses for the 52-week previous year of £335.9 million. Revenue fell 10% to £9.16 billion and pre-tax profit before adjusted items slumped to £50.3 million, down from £403.1 million. Marks & Spencer did not declare any dividends for the year. Chief executiv...

26 May 2021 | 08:34am StockMarketWire.com - UK stocks edged higher in early trade on Wednesday, buoyed by two takeover deals in the local healthcare sector worth around £1 billion each. At 0822, the benchmark FTSE 100 index was up 5.76 points, or less than 0.1%, at 7,035.55. Private hospital group Spire Healthcare surged 26% to 243.5p on announcing that it had agreed to be acquired by Australia's Ramsay Health Care for £999.6 million. Spire shareholders would receive 240p per share, a 24% premium to the company's latest closing price before the deal was announced. Inhaled-treatment focused ...

FTSE dragged lower by weak banks

12 May 2021 | 09:59am StockMarketWire.com - Cenkos Securities said it had continued to trade well, in line with its expectations following its 2020 annual results released on 22 March. 'Whilst we remain mindful that the UK is emerging from the pandemic and continued favourable market conditions cannot be guaranteed, our leading market position means that we are well placed to perform strongly,' the company said. 'We are currently working on several transactions for our clients and the pipeline for the rest of the year gives us grounds for optimism, ' it added, At 9:59am: [LON:CNKS] Cenkos Se...

13 April 2021 | 13:39pm StockMarketWire.com - Retailer Marks & Spencer has said that the lending syndicate of banks providing a £1.1 billion revolving credit facility, have agreed to extend the relaxation of covenant tests to March 2022. The company said the extension 'further secures the group's liquidity to underpin its recovery and accelerated transformation in 2021'. At 1:39pm: [LON:MKS] Marks And Spencer Group PLC share price was 0p at 123.75p Story provided by StockMarketWire.com Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. Latest share price and com...