Stockreport
UPDATE 2-Britain's M&S targets rapid change after latest profit drop [Reuters (UK)]

NASDAQ:AMEX Investor Relations: asosplc.com/investors
PDF
Britain's M&S targets rapid change after latest profit drop | Reuters 4 Min Read LONDON (Reuters) - Marks & Spencer ( MKS.L ) said on Wednesday it needs to modernize urgently to survive after a second straight annual profit fall and a 321 million pound charge for a store closure program. Shares in the 134-year-old British retailer were up 5.4 percent at 0720 GMT as the underlying profit figure beat analyst forecasts and it maintained its dividend, while turnover was broadly flat at 10.7 billion pounds. M&S, one of the best known names in British retail, faces unrelenting competition from supermarkets, fashion chains like Zara, H&M and Primark, as well as Amazon, while pressure on consumer spending is hampering efforts to revive its business. In November, two months after retail veteran Archie Norman joined as chairman, M&S detailed a five-year program of store closures and relocations, and moves to make its misfiring food business more competitive. M&S shares have fallen 26 percent
[Read more]
IMPACT SNAPSHOT | EVENT TIME: | ASOMY | ||||
---|---|---|---|---|---|---|
Last Price
|
Price Change
|
Price Change %
|
Volume Shares
|
Max Up
|
Max Down
|
Volume Ratio
%
|
Performance comparison
Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
LAST PRICE | ||
VWAP | ||
High:
|
MAX UP |
High:
|
Low:
|
MAX DOWN |
Low:
|
%
|
POST NEWS RANGE |
%
|
|
PRICE CHANGE |
|
|
PRICE CHANGE PERCENTAGE |
|
|
S&P 500 (SPX) |
|
%
|
VOLUME RATIO |
%
|
VOLUME (SHARES) | ||
TICKS | ||
|
AVG SHARES PER TRADE |
|
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Be the first to know
Opt in for alerts from News Quantifed
Opt-in for
ASOMY alerts
ASOMY alerts
from News Quantified
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ASOMY alerts
High impacting Asos Pls ADR news events
Weekly update
A roundup of the hottest topics
ASOMY
NEWS
NEWS
- ASOS PLC/ADR (OTCMKTS: ASOMY) was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating.[MarketBeat]
- ASOS PLC/ADR (OTCMKTS: ASOMY) was upgraded by analysts at Zacks Investment Research from a "sell" rating to a "hold" rating.[MarketBeat]
- UPDATE 1-Britain's Moss Bros warns of challenging 2019 [Reuters][Reuters]
- ASOS PLC/ADR (OTCMKTS: ASOMY) was downgraded by analysts at Zacks Investment Research from a "hold" rating to a "sell" rating.[MarketBeat]
- ASOS PLC/ADR (OTCMKTS: ASOMY) was downgraded by analysts at Stifel Nicolaus from a "hold" rating to a "sell" rating.[MarketBeat]
- More