M&S chairman tells investors there's no quick fix [Reuters (UK)]
TESCO PLC S/ADR (TSCDY)
NASDAQ:AMEX Investor Relations:
tescoplc.com/investors
Company Research
Source: Reuters
M&S; chairman tells investors there's no quick fix | Reuters 4 Min Read LONDON (Reuters) - Shareholders in Marks & Spencer ( MKS.L ) should not be overly concerned about its financial results over the next two years because those numbers are not that important to the clothing and food retailer’s future, its new chairman told them on Tuesday. Retail veteran Archie Norman joined M&S; as chairman in September last year and two months later the company detailed its latest attempt at a turnaround after more than a decade of failed reinventions. The plan included a five-year programme of store closures and relocations to cut excess selling space in its clothing business, increased technology investment and moves to make a misfiring food business more competitive. Private investors account for a little more than 11 percent of M&S;’s share capital and there were 750 in attendance at Tuesday’s annual meeting at Wembley Stadium to hear for themselves what Norman had to say about the company’s
Show less
Read more
Impact Snapshot
Event Time:
TSCDY
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 | ||
| Ticks | ||
|
|
Avg transaction size |
|
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
Sign Up Today
Opt-in for
TSCDY alerts
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
TSCDY alerts
High impacting TESCO PLC S/ADR news events
Weekly update
A roundup of the hottest topics
TSCDY
News
- Are Investors Undervaluing Tesco (TSCDY) Right Now? [Yahoo! Finance]Yahoo! Finance
- UK's John Lewis says finance boss to step down later this year [Reuters]Reuters
- UK Retail Sales Disappoint in Sign of Lackluster Recovery [Yahoo! Finance]Yahoo! Finance
- Britain's largest grocer sees profits soar as inflation falls 4.5% – despite ‘threats from all sorts of angles' [Fortune]Fortune
- UK consumer sentiment on the up, says Tesco boss [Reuters]Reuters