Wednesday, May 25, 2016

M&S Earnings Tumble, Profit Warning Rattles Investors

British retailer reported a 19% drop in fiscal-year profit, warning that more investment to turn around its struggling clothing and home-products business would put a near-term squeeze on margins. M&S shares fell sharply at the London open.

from WSJ.com: US Business http://ift.tt/1YYfPEe
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