Kingfisher appoints Carrefour executive Thierry Garnier as new boss
Kingfisher said Thierry Garnier stood out from a strong list of candidates
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 7 of 16
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FTSE 100 closes higher led by defensive stocks
Footsie closed up 39 at 7,259, while mid-cap cousin FTSE 250 went the other direction, shedding over six points to close at 19,065
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Aviva and CMC Markets in spotlight for busy Thursday
Investors look forward to a strategy update from Aviva's new boss, meanwhile, they are braced for CMC Markets results after the recent profit warning.
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US jobs data, ECB policy decision to make for up meagre flow of corporate news in coming week
Asides from the macro news, the Week Ahead also brings the latest quarterly FTSE indexes reshuffle, a strategy update from insurer Aviva, and results from Auto Trader
Kingfisher weak as it gets off to slow start, with France 'mixed' at best
"At this early stage of the year our expectations for the full year are unchanged, and we remain confident in our ability to deliver significant financial benefits over time," the DIY retail chain said
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FTSE 100 closes higher as Trump trade fears ease
The mid-cap FTSE 250 was also a shade higher - adding around two points at 19,369
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More turbulence likely from first-half numbers from travel firm TUI on Wednesday
Aside from the TUI numbers, blue-chip firms including DIY stores group Kingfisher, contract caterer Compass Group and credit checking firm Experian will also issue updates on Wednesday
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FTSE 100 closes higher as US president talks up trade deal
The UK index of leading shares closed up around ten points at 7,271, while the FTSE 250 added 66 points at 19,531
Next, M&S, Kingfisher, WH Smith and Dunelm shares to benefit from improved retail outlook, says RBC
RBC’s preferred stocks are Next and Primark owner Associated British Foods
Morgan Stanley downgrades Kingfisher to ‘equal-weight', says no longer sees the shares as "attractive"
Morgan Stanley’s analysts noted the group's decision to search for a new CEO to continue with its current ‘One Kingfisher’ strategy, which they have been sceptical about ever since it was introduced four years ago
B&Q owner Kingfisher downgraded by Credit Suisse after 2018 profits plunge
Credit Suisse downgraded its recommendation on Kingfisher to ‘neutral’ from ‘outperform’ and cut its target price to 240p from 255p
Kingfisher CEO Véronique Laury to leave as the B&Q owner posts slump in 2018 profit
“As the transformation approaches its final year, I believe it is right for someone else to lead the next phase of the ONE Kingfisher journey," said chief executive Véronique Laury.
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FTSE 100 closes firmly in red as traders flee risk ahead of Fed statement
The UK blue-chip index finished down nearly 33 points lower at 7,291
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Macro focus on Wednesday with Fed rate decision and UK inflation data expected
The Fed released a statement in January that suggested it was no longer sure if it would continue raising borrowing costs, after hiking rates four times in 2018
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Retail results to vie with 'Meaningful' Brexit vote, UK, US rate decisions, and key data
DIY stores owner Kingfisher, clothing retailer Next, plus troubled fashion firm Ted Baker will report full-year results, with trading updates due from internet grocer Ocado and online fashion group ASOS
Lloyds added to JPMorgan Cazenove’s European Best Equity Ideas Overweight List
JPMorgan's European Best Equity Ideas list summarises the bank’s EMEA Equity research team’s views and top picks, covering both strategy and sector contributions
Kingfisher weak as RBC cuts rating to ‘underperform’, expects earnings downgrade cycle to continue
The Canadian bank’s analysts reduced their pre-tax profit and earnings per share forecasts for the owner of B&Q and Screwfix stores by around 4%-6% for full-year 2019/20
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FTSE 100 nudges lower at close as China growth worries hit stocks
The UK's blue-chip index finished down nearly seven points at 6,96, while FTSE 250 was also lower
McColl’s opts for experience as it appoints Robbie Bell as new CFO
Robbie Bell is the current CEO of motorway services operator Welcome Break, having previously held high-up finance positions at Tesco and Screwfix
Investments and investor services
FTSE 100: The good, the BATS and the Ocado in 2018
For Ocado, it was a case of "eat my shorts" as short sellers got burnt while for BATS, not enough cigarettes got burnt as e-cigarettes rose in popularity