Kingfisher shifts profit guidance after mixed third quarter
25th Nov 2024 07:18
(Sharecast News) - Shares in Kingfisher tanked on Monday after the B&Q and Screwfix owner nudged down the midpoint of its annual profit guidance following a weak third quarter, in which group like-for-like sales fell more than forecast.
Read moreLondon close: Stocks red as US inflation, jobless claims top forecasts
10th Oct 2024 14:58
(Sharecast News) - London's stock markets ended Thursday in negative territory as investors weighed a higher-than-expected inflation and jobless claims readings out of the United States.
Read moreLondon midday: Stocks dip ahead of US inflation reading
10th Oct 2024 12:10
(Sharecast News) - London stocks had fallen into the red by lunchtime on Thursday, as investors awaited crucial US inflation data, which could influence the Federal Reserve's next policy moves.
Read moreLondon close: Stocks finish higher after slew of PMI data
23rd Sep 2024 15:05
(Sharecast News) - London's stock markets ended Monday on a positive note, as investors pored over a number of economic activity reports from both the UK and international markets.
Read moreLondon close: Stocks finish higher ahead of US Fed
17th Sep 2024 14:48
(Sharecast News) - London stocks closed higher on Tuesday as investors focused on the start of the US Federal Reserve's two-day policy meeting, where a rate cut was widely anticipated.
Read moreKingfisher tightens FY profit range as interim earnings rise
17th Sep 2024 07:02
(Sharecast News) - Shares in Kingfisher surged on Tuesday as the B&Q owner lifted the lower end of full year profit guidance despite consumers avoiding 'big ticket' items and a sharp fall in sales at its French outlets.
Read moreTuesday preview: US retail sales, Kingfisher in focus
16th Sep 2024 16:20
(Sharecast News) - Investors' focus on Tuesday will be on the latest industrial production and retail sales numbers out of the US.
Read moreLondon close: Stocks manage gains ahead of key rate decisions
16th Sep 2024 15:30
(Sharecast News) - London stocks closed slightly above the waterline on Monday, as investors exercised caution ahead of key interest rate announcements scheduled across the globe later in the week.
Read moreLondon close: Stocks slip as investors await Nvidia results
28th Aug 2024 15:00
(Sharecast News) - London stocks ended slightly down on Wednesday, with investors showing restraint ahead of crucial earnings from US chipmaker Nvidia.
Read moreCiti downgrades Kingfisher to 'neutral'
28th Aug 2024 08:28
(Sharecast News) - Citi downgraded Kingfisher to 'neutral' from 'buy' on Wednesday as it cited limited scope for near-term upgrades.
Read moreRBC names M&S and Currys as top UK retail picks
29th Jul 2024 08:53
(Sharecast News) - Wage inflation and easier comparatives with last year could lead to a pick-up in demand for UK retailers this autumn, according to RBC Capital Markets which has highlighted M&S and Currys as its top stock picks.
Read moreLondon close: Stocks slip as investors digest Powell's comments
9th Jul 2024 15:24
(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.
Read moreDeutsche Bank upgrades Currys, Kingfisher and Moonpig to 'buy'
9th Jul 2024 10:13
(Sharecast News) - Deutsche Bank upgraded Currys, Kingfisher and Moonpig on Tuesday to 'buy' from 'hold' as it turned more positive on UK retailers.
Read moreBritish Land CFO to join Kingfisher
17th Jun 2024 07:02
(Sharecast News) - B&Q owner Kingfisher said it had appointed British Land chief financial officer Bhavesh Mistry to the same role at the home improvement company.
Read moreKingfisher completes second tranche of £300m buyback
13th Jun 2024 10:23
(Sharecast News) - Kingfisher announced the completion of the second tranche of its £300m share buyback programme on Thursday, which it initially announced on 19 September last year.
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