Good morning,

Markets are called to open flat this morning.

Mark's and Spencer

Marks & Spencer Group Plc reported a tenth straight quarter of falling clothing sales, indicating that heavy discounting before Christmas had little effect in luring customers back to Britain’s largest apparel retailer. Non-food sales at stores open at least a year fell 2.1 percent in the 13 weeks ended Dec. 28, the London-based company said in a statement today. That’s worse than the median estimate for unchanged sales in a Bloomberg News survey of 19 analysts. Food sales rose 1.6 percent on that basis, less than the 2 percent anticipated by the analysts surveyed.


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• Marks & Spencer (MKS LN) 8am, 3Q sales. Preview

• Tesco (TSCO LN) 8am, Dec. trading update

• Hays (HAS LN) 8am, 2Q sales/trading

• Pace (PIC LN) 8am, 4Q sales/trading

• Rathbone Brothers (RAT LN) 8am, 4Q sales/trading

• Restaurant Group (RTN LN) 8am, trading update

• SIG (SHI LN) 8am, 4Q sales/trading

• Signet (SIG LN) 8am, Dec. sales/trading

• Ted Baker (TED LN) 4Q sales/trading

Good day and happy trading!

Kristian Camenzuli