Marks & Spencer Plc – FY17 results: – fortunately markets liked the results (+1.5% to 393.4p close), although beyond the 6% OpFCF yield and big dividend there wasn’t much to get too excited about. Having tucked away over £600m in ‘exceptional’ charges over the last couple of years on everything from ‘onerous leases’ to […]
Continue reading
The world seems to be in love with JD.COM. After the concerns about the possible headwinds from a slowing Chinese economy that had been dragging down sentiment and shares in rival Alibaba, JD.COM’s results assuaged many of these fears. As well as reporting a +52% YoY increase in Q3 revenues and +72% rise in gross profit […]
Continue reading