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FTSE 100 crashes 3.4% as coronavirus continues to wreak havoc on markets
The UK's top share index plunged over 202 points to close at 5,804 - its worst day in more than three months
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.
313 stories · page 6 of 16
RBC Capital ups target for Kingfisher as homeware retailers look to fare better
The Canadian broker also raised its target price for Frasers Group but reduced that for WH Smith in a retail sector review
Kingfisher expects higher first half profits as second quarter sales bounce back
The owner of B&Q received a boost from soaring e-commerce sales as well as a phased reopening of its stores amid an easing of lockdown measures
Kingfisher sees annual profits hammered but sales spring back after coronavirus lockdown easing
“While the coronavirus crisis has obviously shifted our immediate priorities, we have continued to plan for the longer term and implement our new strategic plan,” said CEO Thierry Garnier
Kingfisher sees sales bounce back as customers flock to B&Q
Group revenues rose by 2.7% in the first week of May on a like-for-like basis
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FTSE 100 advances over 9% as markets bounce back amid US government stimulus hopes
Britain's blue-chip benchmark closed 452 points higher, or around 9% ahead at 5,446
PM mulls action against recalcitrant retailers to curb social activity
Most fast food and restaurant chains also said they would not be re-opening after tonight
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FCA results ban throws doubt over Kingfisher, AG Barr and Fevertree announcements
Over the weekend, the Financial Conduct Authority sent instructions to all listed companies to “observe a moratorium on the publication of preliminary financial statements for at least two weeks”
Kingfisher to keep UK stores open but final dividend scrapped
In the third week of March, UK sales were positive but France was badly hit
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FTSE 100 closes firmly lower and below 5,000 despite Fed's latest move
Britain's blue-chip benchmark finished down over 196 points, or 3.79% at 4,993
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Kingfisher, Fevertree and United Utilities to report incoming week as BoE meets in shadow of coronavirus
A batch of March PMI surveys from around the world on Tuesday will give a key indicator of the global economic fallout from coronavirus
Kingfisher hammers costs as French, Spanish stores close due to coronavirus
The DIY retailer said it was cutting operating expenditure, reducing stock purchases, stopping all but essential capital expenditure, and making use of tax payment and other government relief measures
Kingfisher sales slide as new boss stops "distracting" projects
The B&Q owner's new boss said he was drawing up a longer-term plan to “refocus on our customers, simplify our model, embrace digital and return our business to growth”
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FTSE 100 closes lower ahead of Fed minutes as trade worries persist
Britain's blue-chip benchmark closed down around 61 points at 7,262, while FTSE 250 shed around 53 points at 20,475
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Kingfisher to fly in with trading update on Wednesday
The third quarter update from the owner of B&Q will be the first outing of new CEO Thierry Garnier, who took over in September
Kingfisher hires Bot to continue board transformation
Bernard Bot's appointment comes in the wake the September departure of former CEO Veronique Laury, whose three-year transformation plan failed to fix the fortunes of the FTSE 250 company
Kingfisher boss ends tenure with a whimper as profits sink
The FTSE 100 DIY retailer blamed a poor performance in France and sales declines at B&Q for a 6.4% drop in pre-tax profits
Fed rates decision and UK inflation data to dominate macro news on Wednesday
The Fed previously cut rates in July for the first time since the 2008 financial crisis
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Central bank decision week: Bank of England to stand pat, Federal Reserve to cut interest rates
On the company front, the market will hear from Kingfisher, Ocado, Next, Warpaint and Smiths Group
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Barratt Developments and Bovis Homes to provide main building bricks in coming week
Aside from the two housebuilders, corporate updates in the coming week will also be delivered by retailers Ocado, Superdry and Dunelm