Deutsche Bank downgrades AB Foods, Kingfisher and Wickes
26th Aug 2025 08:37
(Sharecast News) - Deutsche Bank downgraded its stance on Associated British Foods, Kingfisher and Wickes on Tuesday as it took a look at the UK retail sector.
Read moreLondon close: Stocks mixed ahead of Nvidia results
28th May 2025 16:02
(Sharecast News) - London stocks ended Wednesday in mixed territory as investors remained cautious ahead of quarterly results from US chipmaker Nvidia, a key barometer for global tech sentiment, due later in the global day.
Read moreKingfisher makes solid start as French sales decline eases
28th May 2025 07:18
(Sharecast News) - DIY retailer Kingfisher reported a small increase in underlying revenues in its first quarter as the sales declines at its French operations eased while growth picked up strongly in the UK and Ireland.
Read moreLondon close: Stocks rise on rate cuts, Ukraine optimism
20th May 2025 16:37
(Sharecast News) - London stocks ended higher on Tuesday, as investor sentiment recovered from jitters over Moody's US credit rating downgrade, alongside increasing hopes of a ceasefire in Ukraine and renewed policy support from China.
Read moreBarclays downgrades B&Q owner Kingfisher
20th May 2025 10:03
(Sharecast News) - Barclays downgraded its stance on B&Q and Castorama owner Kingfisher on Tuesday to 'underweight' from 'equalweight' as it said the more than 25% year-to-date total shareholder return was "overly generous".
Read moreBroker tips: Kingfisher, Accesso, Hikma
20th May 2025 07:34
(Sharecast News) - Barclays downgraded its stance on B&Q and Castorama owner Kingfisher on Tuesday to 'underweight' from 'equalweight' as it said the more than 25% year-to-date total shareholder return was "overly generous".
Read moreLondon close: Stocks reverse losses to finish marginally higher
6th May 2025 15:44
(Sharecast News) - London's stock markets ended marginally higher on Tuesday, with the top-flight index overcoming earlier losses to extend its record winning streak to a 16th consecutive session.
Read moreLondon close: Stocks firmer ahead of Spring Statement
25th Mar 2025 17:34
(Sharecast News) - London stocks ended Tuesday in positive territory, ahead of the Chancellor's Spring Statement on Wednesday, supported by gains in housebuilding shares and strength from Segro and Shell.
Read moreKingfisher posts fall in FY profit, warns of hits from govt measures
25th Mar 2025 07:03
(Sharecast News) - Shares in Kingfisher slumped on Tuesday after the DIY retail group forecast small earnings growth this year at best and warned of the impact of budgetary measures in the UK and France on consumer sentiment and costs in the short term.
Read moreLondon close: Stocks bounce after Wall Street tech sell-off
28th Jan 2025 16:30
(Sharecast News) - London stocks ended Tuesday on a positive note, as investors largely ignored Monday's tech selloff that weighed on Wall Street.
Read moreKingfisher appoints industry veteran Ian McLeod as non-executive director
6th Jan 2025 08:00
(Sharecast News) - B&Q and Castorama owner Kingfisher said on Monday that it has appointed industry veteran and former Halfords boss Ian McLeod as a non-executive director with effect from 20 January.
Read moreLondon close: Stocks firmer ahead of Fed decision
18th Dec 2024 16:33
(Sharecast News) - London stocks edged higher on Wednesday, buoyed an in-line UK inflation reading leading to hopes for steady monetary policy from the Bank of England.
Read moreKingfisher offloads Romanian business for £58m
18th Dec 2024 07:02
(Sharecast News) - DIY group Kingfisher has announced the sale of its loss-making Brico Dépôt business in Romania to retailer Altex Romania for €70m (£58m) as it looks to focus on key growth markets.
Read moreKingfisher and M&S express interest in Homebase sites
28th Nov 2024 11:12
(Sharecast News) - Marks & Spencer and Kingfisher have reportedly both expressed interest in taking over the sites of several Homebase stores after the DIY retailer fell into administration earlier in November.
Read moreLondon close: Stocks finish upbeat session in the green
25th Nov 2024 15:57
(Sharecast News) - London markets closed higher on Monday as investors reacted positively to geopolitical developments, including US president-elect Donald Trump's announcement of Scott Bessent as the next Treasury Secretary.
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