B&Q owner Kingfisher to exit Russia, Spain and Portugal as third-quarter sales fall
The owner of B&Q and Screwfix posted a 1.3% drop in third-quarter like-for-like sales, led by a weak performance at French DIY store Castorama
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 8 of 16
FTSE 100 closes firmly to the good despite EU tensions
Mid-cap cousin FTSE 250 was also higher. It surged over 218 points to close at 18,584.
Archive
Pre-Thanksgiving smorgasbord as plethora of blue-chips report
A relative cornucopia of firms are scheduled to report results on Wednesday ahead of the US holiday, with a sprinkling of and UK and US economic data to taste
FTSE 100 closes lower as UK politics, Brexit remain the focus
The chief negotiator for the EU, Michel Barnier, has proposed extending the transition period for the UK to leave the bloc until as late as 2022. Theresa May said she was not keen on the idea
B&Q owner Kingfisher in the red as RBC remains cautious on the stock, cuts target price
RBC prefers Next and WH Smith and has an 'outperform' rating on these stocks
FTSE 100 closes higher as US stocks surge
The UK's premier index closed up around 36 points at 7,367.
Break up of Kingfisher “cannot be ruled out” if transformation fails, says analyst
Hargreaves Lansdown's George Salmon said disposals and spin-offs could be on the table if the firm failed to unify its branches under the turnaround plan
B&Q owner Kingfisher dragged down by French business once again in first half
This article could have been written last night: Solid growth in the UK more than offset by continued in France
Investments and investor services
FTSE 100 closes higher as trade fears ebb; Kingfisher leads the laggards
The FTSE 100 closed nearly 31 points higher at 7,331, while FTSE 250 added over 42 at 20,500
Archive
Kingfisher feeling blue across La Manche
DIY retailer Kingfisher has seen a decent performance by B&Q and Screwfix blighted by seemingly irreparable problems at its Castorama chain in France
Archive
UK inflation and retail sales data eyed, plus trading updates from Kingfisher and Ocado
Aside from the UK data and the retail updates, the Week Ahead will also bring news from the likes of Diageo, Dairy Crest, Smiths Group, Lamprell, and SIG
Anglo Asian Mining shares fly higher as it takes steps to identify new targets
A look at some of the top risers and fallers in London on Thursday
FTSE 100 finishes lower as BoE keeps rates on hold; sterling gains
The UK benchmark index of leading shares finished down nearly 32 points at 7,281
Kingfisher replaces head of struggling French division with boss of B&Q UK & Ireland
Mark Tenart will be succeeded as the boss of Kingfisher's French division by Christian Mazauric, the chief executive of B&Q UK & Ireland
Archive
Airlines under pressure after IAG's British Airways unit hit by data theft
A look at some of the biggest risers and fallers in the London market on Friday
Whitbread faces pressure to prove merits of Premier Inn as standalone business
“Whitbread investors may miss the caffeine highs Costa serves up," Hargreaves Lansdown said of the group's decision to sell the coffee chain to Coca-Cola
Brokers turn negative on Kingfisher as scorching summer does little to offset underlying growth issues
A trio of investment banks cut their target prices for the firm as it became clear that the sales recovery in the second quarter had relied too much on the unusually hot UK weather
FTSE 100 closes higher but only just as trade tensions continue
The Footsie closed the day in positive territory, just, but was down on the week as a whole
Hot weather boosts sales at B&Q owner Kingfisher in second quarter
Kingfisher boss Véronique Laury said the group has taken further action at Castorama France as the DIY store sales continue to lag
Archive
FTSE 100 closes firmly higher as investors fret less on China/US relations
The UK blue-chip benchmark closed up over 58 points at 7,556, while its mid-cap cousin FTSE 250 added almost 142 points