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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
61% of retail CFD accounts lose money. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more at https://etoro.tw/44JRWLY
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Shore Capital has previewed Marks & Spencer’s (LON: MKS) first-half results, due Nov. 4, saying booming food sales are offsetting continued pressure in its clothing and home business.
MKS.LSE
Analyst Clive Black said in a note that he expects first-half pre-tax profit of £389 million, down from £409 million two years earlier, reflecting challenges in UK apparel but strong progress in Food, even as packaging levy costs bite.
He kept his full-year adjusted pre-tax profit forecast at £925 million, which he said would begin a rebuild toward sequential earnings growth and cash generation.
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Black characterized the half as “a tale of M&S being 2–1 up in sales”; ahead in Food, where it is thriving, but behind in Fashion, Home & Beauty, where the market has toughened and legacy constraints have hindered recovery from last year’s operational disruption.
“Food is flying,” he wrote, pointing to industry data showing about 11% sales growth in the 12 weeks to Sept. 5 and market share gains, with Ocado Retail, half-owned by M&S, the fastest-growing UK grocer.
He forecast first-half Food sales growth of 11% and a trading margin of 5.6%, though he cautioned that margin looks elevated and unsustainable given investment in price and supply chain costs ahead of new facilities.
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Black said M&S trades at about 11 times forecast earnings and 5.6 times EV/EBITDA, implying re-rating potential. Marks & Spencer shares are up 10.3% this year, though they have fallen 4.8% over the past week.
Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.
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