London close: Stocks mixed after disappointing retail sales data
24th May 2024 15:19
(Sharecast News) - London stocks closed with mixed results on Friday, influenced by earlier declines in the US and Asian markets, as investors reacted to a larger-than-expected drop in UK retail sales.
Read moreLondon close: Stocks fall ahead of key inflation reading
21st May 2024 15:00
(Sharecast News) - London stocks ended in negative territory on Tuesday, influenced by the latest UK economic outlook from the International Monetary Fund (IMF) and comments from US Federal Reserve officials.
Read moreKingfisher's LFL sales hit by France weakness
21st May 2024 07:14
(Sharecast News) - Home improvement retailer Kingfisher has said that first-quarter like-for-like sales were down on last year on the back of weakness in France, with the decline picking up pace early into the second quarter.
Read moreLondon close: Stocks mixed as ex-divs drag on FTSE
16th May 2024 16:53
(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.
Read moreLondon close: Stocks slip on renewed geopolitical tensions
15th Apr 2024 15:39
(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.
Read moreKingfisher chair to step down in June
15th Apr 2024 07:07
(Sharecast News) - B&Q and Screwfix owner Kingfisher has announced that chair Andrew Cosslett will step down after seven years at the helm of the board.
Read moreLondon close: Stocks finish lower as ECB stands pat
11th Apr 2024 15:56
(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.
Read moreHSBC upgrades Kingfisher to 'buy'
11th Apr 2024 09:25
(Sharecast News) - HSBC upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'hold' and lifted the price target to 305p from 235p.
Read moreLondon close: Stocks slip back after last week's peak
25th Mar 2024 15:49
(Sharecast News) - London markets finished in the red on Monday, having traded below the waterline through the session after reaching a peak at the end of last week.
Read moreKingfisher issues another profits warning as 2023/24 earnings slump
25th Mar 2024 07:04
(Sharecast News) - B&Q owner Kingfisher on Monday warned current-year profit would fall short of expectations after it posted weaker earnings for 2023-24 as the home improvement market continued to lag behind demand for housing.
Read moreLondon close: Stocks manage gains despite UK recession news
15th Feb 2024 14:55
(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.
Read moreCiti upgrades Kingfisher to 'buy' from 'neutral'
15th Feb 2024 07:22
(Sharecast News) - Citi upgraded B&Q and Castorama owner Kingfisher on Thursday to 'buy' from 'neutral' as it argued the UK housing recovery supports a re-rating.
Read moreLondon close: Stocks turn lower on renewed interest rate concerns
5th Feb 2024 16:22
(Sharecast News) - London's financial markets had turned negative by the close of trading on Monday, after better-than-expected UK services data was offset by a downward revision in service activity in the United States.
Read moreJPM puts Kingfisher on 'negative catalyst watch', cuts price target
5th Feb 2024 07:17
(Sharecast News) - JPMorgan Cazenove cut its price target on Kingfisher on Monday to 180p from 190p as it placed the shares on 'negative catalyst watch' ahead of full-year results on 25 March.
Read moreLondon close: Stocks turn weaker ahead of busy week for earnings
29th Jan 2024 17:25
(Sharecast News) - London's stock market saw slight declines by the close on Monday, as investors turned their attention to a week filled with corporate earnings reports and central bank announcements.
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