Wednesday, November 3, 2010

Early Market News: Marks and Spencer Group Plc (LON:MKS), Royal Bank of Scotland Group plc (LON:RBS), Barclays PLC (LON:BARC)

Several breaking news stories will affect stock prices as trading continues today. The following companies should see some movement: Marks and Spencer Group Plc (LON:MKS), Royal Bank of Scotland Group plc (LON:RBS), Barclays PLC (LON:BARC). Here is a more detailed look at the news that will affect each company when trading continues. Marks and Spencer Group Plc (LON:MKS) Christmas is looking up at Marks and Spencer Group Plc (LON:MKS), with a fun Christmas ad in the pipeline. Marks and Spencer Group Plc (LON:MKS) has set up this dance-themed TV ad for its Christmas marketing push. The 90-second dance-themed TV ad was directed by Vaughan Arnell. Myleene Klass will also front a series of dedicated Christmas videos that will run on Marks and Spencer Group Plc (LON:MKS)'s online TV service. The videos will also include a lingerie buying guide, party wear tips and food ideas. The retail giant, Marks and Spencer Group Plc (LON: MKS) is also launching a Christmas microsite. Royal Bank of Scotland Group plc (LON:RBS) Royal Bank of Scotland Group plc (LON:RBS) has been offered a final sum by Misubishi UFJ Financial Group for its financing unit. Nikkei business daily reported that MUFG, Japan’s biggest bank, presented a final offer price about 4 billion pounds for the project financing unit late last month to the British government to, which controls 84 percent of RBS’ voting rights, and they expect to sign a deal by the end of the year and complete it in the first half of 2011. Royal Bank of Scotland Group plc (LON:RBS)'s project financing unit is one of the non-core operations that the British government has asked the bank to sell to pay back public funds. Barclays PLC (LON:BARC) CF Industries should be celebrating after Barclays PLC (LON:BARC) raised its target price on the shares. Equities research analysts at Barclays PLC (LON:BARC) in a research note to investors targets the price at $130.00, up from $105.00. They also reiterated their "equal weight" rating. CF Industries Holdings, Inc. (CF Holdings) is a manufacturer and distributor of nitrogen and phosphate fertilizer products in North America. We may see more movement when trading continues for Marks and Spencer Group Plc (LON:MKS), Royal Bank of Scotland Group plc (LON:RBS) and Barclays PLC (LON:BARC).
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