Kingfisher Share News (KGF)
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* FY underlying pretax profit 744 mln stg, up 4.1 pct * Forecasts were in 738 mln-748 mln range * To return 200 mln stg to shareholders in 2014-15 year * Sells Hornbach stake for 195 mln stg * Shares up 5.7 pct, hit highest in 14 years (Recasts, adds CEO, analyst comment
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LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
Kingfisher, up 6.6%. The home improvement retailer has reported an incre
Ratings & estimate changes by Europe's top-ranked* analysts: ** ESS - Credit Suisse, initiates with neutral,
sets TP 3.75. ** Akzo Nobel - Citi adds to Europe focus list,
(removes Linde ). ** Monitise - Goldman reiterates conviction list buy
after Mastercard announcement.
- Kingfisher, easyJet, Wolseley, RSA, Anglo rise strongly - Royal Mail falls after job cut plans - Miners rise on Chinese stimulus hopes - Economic data, Ukraine in focus techMARK 2,775.13 +0.77% FTSE 100 6,597.81 +1.19% FTSE 250 16,115.48 +0.60% Strong gains from a number of blue chips gave UK ma
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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RSA Insurance Group PLC launched a GBP773.0 million fully-underwritten, discounted rights issue in order to shore up its balanc
LONDON (Alliance News) - UK stocks trade firmly higher Tuesday, retaking the modest declines posted Monday, while the pound has jumped in the wake of UK inflation data for February. By mid-morning, the FTSE 100 is up 1% at 6,587.4, the FTSE 250 is up 0.6% at 16,120.88, and the AIM All-Share
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations Tuesday morning:
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FTSE 100
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MACQUARIE STARTS NATIONAL GRID WITH 'UNDERPERFORM' - PRICE TARGET 750 PENCE
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JEFFERIES RAISES PRICE TARGET
LONDON (Alliance News) - Europe's largest home improvement retailer Kingfisher PLC Tuesday delivered an increase in profits and revenues for its recent financial year, while announcing the start of a multi-year capital return programme to shareholders this year and plans for a joint venture partn
Read moreLONDON (Alliance News) - UK shares have ignored a weak Asian session to open higher Tuesday.
Europe's largest home improvement retailer Kingfisher gave a lift to the market, reporting an increase in profits and revenues for its recent financial year, despite continu
- Kingfisher, easyJet, 888 and RSA rise early on - UK inflation expected to ease - US economic data in focus later on - Russia out of G8, threaten more sanctions techMARK 2,777.09 +0.84% FTSE 100 6,579.14 +0.90% FTSE 250 16,121.26 +0.64% UK stocks surged on Tuesday morning ahead of a barrage of e
Read moreLONDON (Alliance News) - Europe's largest home improvement retailer Kingfisher PLC Tuesday said it delivered an increase in profits and revenues for its recent financial year, boosted by a strong performance from its Screwfix business in the UK, as well as its operations in Poland and Russia, and
Read moreThe City is poised for a modest rise this morning, ignoring a disappointing performance seen in the US and Asia overnight as European investors prepare to weather this current storm of choppy trading. Sources predict the FTSE 100 will open 14 points above yesterday's close of 6,520.39, which Lee M
Read moreLONDON (Alliance News) - UK stocks are set to open slightly higher Tuesday, shrugging off a negative close on Wall Street on Monday and a soft trading session in Asia overnight, as investors await the latest UK inflation and housing market data. UK equities are expected to edge higher Tuesd
Read moreFRANKFURT, March 25 (Reuters) - Britain's Kingfisher is exiting its investment in German home improvement store operator Hornbach, which will increase the free float of its listed preference shares to 100 percent, the Hornbach family said in a statement on Tuesday. Kingfisher sold its 17.4
Read moreLONDON, March 25 (Reuters) - Kingfisher, Europe's largest home improvements retailer, said it would return about 200 million pounds ($330 million) to shareholders in the current year as it met forecasts with a 4.1 percent rise in 2013-14 profit. The group, which runs market leader B&Q and S
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