Investments and investor services
FTSE 100 closes over 1% lower as sterling spikes
The UK blue chip index closed down 1.05% to 7,447 as the pound strengthened after better-than-forecast UK GDP
Company
Kingfisher PLC
LON:KGF
Kingfisher is Europe's leading home improvement retail group and the third largest in the world, with leading market positions in the UK, France, Poland, Turkey and China.
312 stories · page 3 of 4
FTSE 100 closes firmly in positive territory as sterling slides
The FTSE 100 rose to within a couple of points of 7,500 after US markets opened higher
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Tesco and Greggs to give a taste of high street conditions; hurricanes could have blown away US jobs
Week ahead to include first half results from supermarkets giant Tesco PLC, an update from high bakery chain Greggs PLC (LON:GRG), and the latest US jobs data
Kingfisher jumps as first-half profit beat forecasts, but cautious on second-half backdrop in UK and France
Europe's largest home improvement retailer reported an underlying pretax profit of £440mln for the six months to July 31, up 0.9% on the £436mln reported a year earlier, and above the consensus forecast of £426mln
Investments and investor services
FTSE 100 closes a tad lower as focus turns to Fed
Sterling's strength weighed on FTSE 100 stocks today
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Kingisher can't afford another duff trading update
Trading can change as fast as the weather for a home improvements retailer; not many are expecting it to have changed for the better for Kingfisher
Investments and investor services
FTSE 100 closes higher as Carney hints at first UK rate rise for a decade
The benchmark for UK blue-chip shares closed up almost 38 at 7,253
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Focus shifts to US interest rates with Fed meeting; UK retail updates due from Kingfisher, Ocado
Week ahead includes Federal Reserve interest rate announcement, UK retail sales data, second quarter results from Kingfisher PLC, and trading update from Ocado PLC
Kingfisher decidedly under the weather as B&Q's LFL sales slump
Kingfisher said it is on track to meet strategic milestones in the second year of its restructuring
FTSE 100 closes in the red but gold price boosts miners
The FTSE 100 closed down 45 at 7,387, while the FTSE 250 lost 86 at 19,773.
What’s in store for Kingfisher investors on Thursday?
The B&Q owner's French business has overshadowed recent decent performances, will it blight the next figures?
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UK economic health eyed from inflation, jobless numbers; Kingfisher updates on trading
Week ahead includes UK inflation, unemployment, average earnings data; trading update from Kingflsher PLC, interims from Hargreaves Lansdown PLC, Admiral PLC ...
FTSE 100 closes up but misses record high
The FTSE 100 index closed 10.79 higher at 7,542. The session peak was 7,549, and the day’s low was 7,518
FTSE 100 ends almost 57 higher buoyed by retailers
London markets started the day on the front foot and haven't looked back ...
Morgan Stanley double upgrades B&Q owner Kingfisher even though it expects turnaround plan to fail
“We still expect ‘One Kingfisher’ to fail. However, when this becomes clear, we expect investors to start valuing the company on its assets, not its earnings”
Investments and investor services
FTSE 100 finishes strongly as dovish Fed chair Yellen reassures
The Footsie closed 87.17 higher, or 1.19% to 7,416...
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One year on: BT, Royal Mail and ITV among worst-hit FTSE 100 stocks since the Brexit vote
A weaker pound following the Brexit vote has given the FTSE 100 and other UK indices a boost in the year since the Britain voted to leave the European Union
FTSE 100 closes 55 down and UK mid-caps plunge; BoE raises prospect of rate rise
FTSE 100 closed down 55 at 7,419 as retail shares took a beating
Kingfisher: Credit Suisse lends support to B&Q retailer, but cuts its forecasts and price target
The Swiss investment bank blamed the disruption caused by bringing in new product lines and technology had been greater than expected.
Kingfisher drops as first-quarter like-for-like sales fall 0.6%, hit by weak trading in France
In a trading update for the quarter to April 30, the FTSE 100-listed firm said its like-for-like sales fell by 5.5% in France, but were up 3.5% in the UK and Ireland
Investments and investor services
FTSE 100 closes higher as traders await Fed minutes
The FTSE 100 index closed up 29.61 at 7,514 with easyJet the biggest gainer
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Marks & Spencer's chief needs good news on clothing
Analysts are worried clothing arm is relapsing in spite of vow to fix it by Steve Rowe
FTSE 100 closes below 7,500; Marks & Spencer top riser
The pound has given up some of its recent gains, which has helped the internationally-focused firms on the FTSE 100
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Marks & Spencer's womenswear woes under scrutiny again as retailers dominate
Week ahead: Marks & Spencer, Dixons Carphone, Kingfisher, De la Rue...
Kingfisher lifted by rating upgrade from HSBC, but other retailers downgraded
The bank has raised its stance for the B&Q chain owner to ‘buy’ from 'hold’ with an increased price target of 440p, up from 380p previously
BP ticks higher as shareholders back CEO's reduced pay at AGM
A look at some of the biggest London-listed risers and fallers today
FTSE 100 closes in positive territory as traders brush off potential threats
The index of blue-chip shares fell six points to 7,108.53.
Next sees recent post-results rally curtailed by downgrade in rating from Exane
In a note on the UK general retail sector, Exane cut its stance on the FTSE 100-listed firm back to ‘underperform’ from ‘neutral’ and reduced its target price by 5% to 3,700p after the recent “bounce”
Barclays Capital starts coverage on raft of retailers notably Kingfisher with 'underweight'
One suspects Barclays Capital has just employed a new team covering retail stocks with initiations of coverage across the board
FTSE 100 closes down as Washington gets most attention
London traded sideways with attention on Donald Trump's attempt to get a key healthcare pledge through Congress
Kingfisher dives again as bearish brokers come out of the woods
The DIY retailer was one of the biggest fallers on the FTSE 100 again today
FTSE 100 closes higher with retailer Next top riser
FTSE 100 was three points higher at 7,238, Next rises strongly.
City broker: ‘Sell Kingfisher as no sign of French market upturn’
Kingfisher blamed a downturn in the French DIY market for the poor performance across the channel, and Haitong reckons that’s a problem which could persist for some time
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Trending: Taxi for the diesel cab as new Coventry plant opens
Electric black cabs, Thames Water, Tessco pulls Heineken brands and Kingfisher underwhelms
Kingfisher: Time to sell off its French business?
The solid performance in the UK has been overlooked today, as investors continue to fret over the growth (or lack of) in France
Kingfisher turnaround plan on track; but warns on France outlook
Screwfix was the star performer, but the French businesses underperformed
Investments and investor services
FTSE 100 closes lower; London hit by terror attack
The top share index closed lower as details of a terror incident in central London emerged
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B&Q owner Kingfisher reports 2016 results amid ambitious turnaround plan
It's been two years since Véronique Laury took the helm of Kingfisher so her restructuring efforts will be in the spotlight tomorrow with the company's 2016 results
Investments and investor services
FTSE 100 ends little changed as UK lines up on Brexit grid
The druggies and miners were on offer early on – although the movements were barely perceptible on a lacklustre Monday morning.
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Next firmly on the back foot as shoppers batten down hatches
Week ahead: Next, Kingfisher, Smiths Group ,Satellite Solutions ...
Kingfisher to remain in the doldrums for a while yet, Jefferies says
A softening housing market in the UK and market share erosion in France suggest no upturn is in sight, according to Jefferies
Deutsche Bank sits on the Kingfisher fence
Deutsche Bank says the B&Q and Screwfix owner is fairly valued
Kingfisher sales growth slows as France applies the brake
The DIY chain reported underlying sales up 1.8% to just under £3bn in the three ended October, which compared with a 3% increase the quarter before.
Investments and investor services
FTSE 100 closes higher with trio of miners as Dow marks 19,000
FTSE 100 shares ended higher on Tuesday thanks to a trio of miners, further lifted by Wall Street marking a flurry of record highs, and the Dow Jones Industrial Average spiking above 19,000 for the first time. The Dow hit a record 19,014.73
Kingfisher trading will be in focus on Tuesday
Kingfisher Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
Chancellor's Autumn Statement is time for fiscal re-set
The new chancellor of the exchequer gets to set out his stall
Kingfisher boosts profits but warns on 'Brexit' jitters
DIY chain boosts first-half profits by 9% to £418mln
FTSE 100 closes higher, builds on previous day’s gains
UK shares closed higher on Tuesday, extending gains from the previous session, while investors awaited the outcome of central bank meetings in Japan and the United States
PREVIEW - Faroe Petroleum's portfolio in focus with interims
A look at some of the firms reporting in the week commencing September 19
Preview: Like-for-like sales expected to have slowed at Kingfisher
DIY retailer Kingfisher is set to report and although it is no longer predominantly a UK outfit, the subject of Brexit and its likely effect will be to the fore.
Week Ahead: Brexit the looming issue as Bovis and Kingfisher report
The dust is starting to settle after the EU referendum vote, which should mean companies can have a bit more confidence in forecasting the impact
Investments and investor services
Frackers surge as rival gets green light, FTSE 100 Index rises
Oil & gas companies rise as Third Energy gets go-ahead for North Yorkshire project
Investments and investor services
FTSE 100 Index reverses losses as retailers rise
The Footsie rose 21 points to 6157.6 and small-caps also gained
Screwfix and Poland drive Kingfisher sales
DIY retailer's UK trade counter and Polish businesses were the first quarter top performers
Investments and investor services
Preview: Shell AGM and Kingfisher results
Tuesday brings Royal Dutch Shell Plc (LON:RDSB) into focus, as it holds its AGM, elsewhere, retailer Kingfisher releases results.
Kingfisher PLC tops Footsie as it progresses turnaround plan
DIY giant Kingfisher plc shares lifted 3.17% as it said it had made solid progress on its turnaround plan unveiled in January as it posted final results.....
Risers & fallers: Quixant PLC, Akers Biosciences Inc, Amec Foster Wheeler PLC ..
Main share price risers and fallers in London at 3.45pm
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FTSE100 fails to ignite as big banks weigh
After finishing up last week, there were early signs of promise for Footsie but it never really got out of the blocks...
Banks lead Footsie lower on reports of higher PPI bill
The FTSE 100 Index was 10.8 points adrift at 5889.17p as oil prices continued their downward trend
Investments and investor services
London shares start week on back foot as oil prices fall again
The FTSE 100 Index dropped 31.01 points to 5869 as oil prices fell again
Risers & Fallers: IMI, Kingfisher, Lloyds Banking Group, Lookers, Ophir Energy, Unite Group
MX Oil could sell its Nigerian investments for a sum that is - or was - more than the market capitalisation of the whole company
Kingfisher plans £600mln cash return to shareholders
DIY chain plans to return the cash in the next three years in addition to the annual ordinary dividend
Investments and investor services
City analysts deliver good news for Royal Mail
Royal Mail, BAE Systems, Sainsbury / Home Retail, Kingfisher, Next, HSBC and Direct Line were all in the broker spotlight on Wednesday.
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Brokers: Anglo American, Rio Tinto, Kingfisher ..
Mining analysts are still reeling from Anglo American’s massive retrenchment yesterday,
Investments and investor services
Brokers: Mixed day for the retailers
Dixons Carphone and Dunelm were given the thumbs up, while Kingfisher and next were downgraded by broker Nomura
Investments and investor services
Markets: Oil stocks push FTSE100 lower
The FTSE100 ended the day almost 15 points lower to 6,223.
Markets: InternetQ hits back at online blog post
The FTSE100 was around 30 points higher at 6,267 with aerospace engine maker Rolls Royce leading the way.
Hardware & electrical equipment
Attraqt adds significant backer to the board
Nick Habgood has joined the board as a non-executive director.
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Proactive news summary: 7digital, Amphion, Anglo Pacific, Alliance Pharma, ATTRAQT Gp, Ebiquity ...
For once, technology firms crowd out resource companies in our round-up of the main news from growth companies
Hardware & electrical equipment
Attraqt to develop app for Screwfix Germany
The technology combines Attraqt’s visual merchandising platform with Yudu’s digital catalogue capabilities.
Archive
Copper concentrate to become increasingly important to Anglo Asian Mining
Also covered: BHP Billiton, Centaur Media, Kingfisher, Reckitt Benckiser
Investments and investor services
FTSE100 ends lower on geopolitical conerns
The shooting-down of a Russian jet by Turkey unsettled traders
Downing of Russian jet shakes London shares
The FTSE 100 Index dropped 79.95 points to 6225 at lunchtime
Investments and investor services
Airlines lose height as higher oil prices and terror fears weigh
Concern about higher fuel costs hit shares in airlines
Soft France and currencies weigh on Kingfisher
Overall retail profit rose by 0.4% to £223mln at constant currencies
Tuesday's agenda: James Bond to boost Cineworld's third quarter
Kingfisher and Cineworld will update on their respective third quarters on Tuesday
Week ahead: Osborne looks for spending cuts after Lords tax credit rejection
Kingfisher and Cineworld will catch the eye but George Osborne will be the headline maker next week
Investments and investor services
FTSE 100 ends higher after strong start on Wall Street
“With that being impossible, they have opted for the second choice, namely running around in circles," Chris Beauchamp at IG said.
FTSE 100 ends higher after strong start on Wall Street
“With that being impossible, they have opted for the second choice, namely running around in circles," Chris Beauchamp at IG said.
Risers & Fallers: Vipera, ARM, Premier African Minerals, Northacre, Kingfisher and Premier Oil
Below are the main news-driven share price movements at 4pm.
Investments and investor services
Shares fall on Chinese woe and UK inflation
UK inflation fell to zero from a 0.1% increase last month
Kingfisher half-year profits fall as it plans to axe 60 B&Qs
DIY chain B&Q on track to close about 60 UK stores
Tuesday's agenda: B&Q job cuts and deflation worries
B&Q owner Kingfisher will catch the eye of investors on Tuesday
Investments and investor services
Week Ahead: Merlin Entertainments, Kingfisher and the Fed to make headlines
The effects of the serious accident at Alton Towers in June could linger at Merlin for some time.
Archive
Serco shares up after Jefferies upgrade
Serco gets an upgrade from US broker Jefferies on Tuesday....
Investments and investor services
Top flight shares pare gains on lower oil prices and UK retail sales
Falling oil stocks weigh on markets as crude prices drop
Archive
Most followed: Alliance Trust, Ikea, Kingfisher, Mothercare, retail sales, Sainsbury's, Yorkshire BS
The business pages have moved on from Apple and are now focused on the UK high street.
Investments and investor services
Shares rise as markets welcome Greek vote
Greek news helps traders to brush off oil and commodity price falls.
Mothercare tumbles, but Cazenove keeps the faith
There is plenty of detail in the retail notes issued by brokers this morning.
Investments and investor services
Thursday's agenda: Unilever to serve up mixed fare
Marmite may divide opinions but most people agree the brand's owner, Unilever, is a bit of a stodgy but reliable pudding of a company.
Investments and investor services
Week Ahead: Emerging markets growth a concern at Unilever
Property companies feature heavily this week, but the man in the street may be more interested in an update from consumer goods giant Unilever, maker of the mighty/manky Marmite.
Archive
FTSE100 plummets as HSBC agrees to pay record £27.8mln settlement
Britain's blue chips sank 91 points lower to finish firmly in the red on Thursday with banking titan HSBC in focus.