Early Market News: Barclays PLC (LON:BARC), Marks and Spencer Group Plc (LON:MKS), HSBC Holdings plc (LON:HSBA)

Here are several more breaking news stories which could affect market stocks in trading later today. The following listed companies should see some movement: Barclays PLC (LON:BARC), Marks and Spencer Group Plc (LON:MKS), HSBC Holdings plc (LON:HSBA). Here is a more detailed look at the news that will affect each company when trading continues. Barclays PLC (LON:BARC) Barclays PLC (LON:BARC) has provided funding to develop Student Housing in London. The $106 Million (66 million-pound) loan to Unite Group Plc, the U.K.'s largest contributor to student housing, is to support a development close to London's River Thames The senior debt facility from Barclays PLC (LON:BARC) enabled Unite to purchase a site on Great Suffolk Street in the South Bank area, which will eventually house a 671-bed development. Marks and Spencer Group Plc (LON:MKS) Marks and Spencer Group Plc (LON:MKS) has decided to use biodegradable plastic trays for its Swiss chocolate inventory. Marks and Spencer Group Plc (LON:MKS) has announced that this Christmas its entire Swiss chocolate range will be sold in an innovative Australian company’s biodegradable plastic trays. Helen Roberts, the head of packaging of Marks and Spencer Group Plc (LON:MKS) said that, "This is a fantastic step forward for food packaging. We know our customers really want to be responsible, and using plastic means they can enjoy a delicious box of chocolates without the worry of what to do with the leftover tray – they can just throw it on their compost heap.” HSBC Holdings plc (LON:HSBA) Reports says that HSBC Holdings plc (LON:HSBA) has hired Deloitte amid its laundering investigation. HSBC Holdings plc (LON:HSBA) has hired Deloitte to independently review transactions related to a money-laundering investigation by U.S. regulators. Deloitte would study various transactions worth billions of dollars. According to Financial Times newspaper, HSBC Holdings plc (LON:HSBA) has said, ”[We are] unable at this time to determine the terms on which it might be brought, the timing of any possible regulatory resolution or enforcement action or the amount of fines or penalties, if any, that may be imposed by the regulators or agencies.” We could see more movement when trading continues for Barclays PLC (LON:BARC), Marks and Spencer Group Plc (LON:MKS) and HSBC Holdings plc (LON:HSBA).
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