Kingfisher Share News (KGF)

Tuesday newspaper round-up: Debt ceiling, Chinese banks, small business

Senate leaders were late on Monday closing in on a deal to reopen the federal government and avert a potentially catastrophic default on US borrowings. The deal, which has yet to be finalised, would raise the debt ceiling until early February, reopen the government until January and include a mechan

REFILE-Retailers see "click and mortar" as way to beat Amazon

* Most sales still made in-store * One in three retailers plan to increase overall store space * Two-thirds of John Lewis sales involve stores and online * Online/offline distinction outdated * Era of pure online retailers over -Vente-Privee CEO By Emma Thomasson and

London close: FTSE 100 at three-month low as IMF cuts global outlook

Disappointing economic data and the ongoing US government shutdown sparked a sell-off on London's FTSE 100 on Tuesday, with the index falling to levels not seen in over three months. Meanwhile, as the budget impasse continues in Washington, the International Monetary Fund (IMF) today cut its outloo

FTSE 100 movers: Retailers hit by BRC figures

Blue-chip retailers Marks & Spencer, Next and Kingfisher were among the worst performers of the day after data from the British Retail Consortium (BRC) showed that UK retail sales growth slowed for the second straight month in September. According to the BRC, like-for-like sales growth fell to an

Sector movers: Retailers hit by slowing sales growth

Retail stocks were off shopping lists again on Tuesday as some disappointing economic data prompted concerns about consumer demand. UK retail sales growth slowed for the second straight month in September, the British Retail Consortium (BRC) has revealed. Like-for-like sales growth fell to an ann

London midday: Retailers, miners drag FTSE 100 into the red

Markets were sharply lower on Tuesday with retailers and miners providing a drag as investors digested a barrage of gloomy economic data and the ongoing government shutdown in the States. The FTSE 100 dipped below the 6,400 mark in morning trade, a level seen as support for London's benchmark index

Ex-divs to take 3.72 points off FTSE 100 on Oct. 9

LONDON, Oct 7 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-m

London close: Markets in 'wait-and-see' mode as shutdown continues

After fluctuating between gains and losses for most of the day, the FTSE 100 finished broadly flat on Friday as stocks struggled for direction. In the absence of economic news and ongoing political uncertainty in the States, markets remain in "wait-and-see mode", according Senior Market Analyst Mic

London close: Late rally not enough as FTSE 100 falls for fourth straight day

A slight bounce in the UK-listed mining sector saw the FTSE 100 rally on Wednesday afternoon but the index still finished firmly in the red, setting a fresh one-month low as political uncertainty in the US and Italy continued to weigh on sentiment. The FTSE 100 finished down 22.51 points at 6,437.5

BROKER RATING CHANGES: Barclays, Nomura Cut Unilever Price Target

Tuesday broker round-up UPDATE

African Minerals: Credit Suisse reduces target price from 350p to 280p and downgrades to neutral. British Land: Societe Generale cuts target price from 670p to 620p and downgrades to hold. Derwent London: Societe Generale reduces target price from 2610p to 2470p downgrading to hold. Faroe Petrole

France tries to defuse dispute over Sunday trading

* French retailers defy Sunday-trading ban * Unions sue Leroy Merlin, Castorama to close on Sunday * Former La Poste CEO to propose changes PARIS, Sept 30 (Reuters) - France's Socialist government tried to defuse a growing dispute between retailers and unions over Sunday-trading

UK's Homebase targets 15 revamped stores by year end

By James Davey LONDON, Sept 25 (Reuters) - Homebase, Britain's second-biggest home improvement retailer, is seeing evidence of success from its costly store refit programme and aims to expand it to 15 of its outlets by year end. The company, owned by Home Retail Group Plc, aims to sta

WRAPUP 2-UK retailers say talk of economic recovery premature

* Next H1 profit up 8.2 pct to 272 mln stg * Morrisons H1 profit down 10 pct to 401 mln stg * John Lewis H1 profit up 3.9 pct to 116 mln stg * Argos Q3 like-for-like sales up 2.7 pct, Homebase up 11 pct * Ocado Q3 sales up 16.4 pct By James Davey LONDON, Sept 1

UPDATE 1-Sunshine boosts sales at Home Retail's Homebase

(Adds CEO comments, shares) By Paul Sandle LONDON, Sept 12 (Reuters) - Britain's Home Retail Group Plc said summer sunshine had delivered a big boost to sales at its home improvements chain Homebase in the second quarter and helped shift seasonal products at its biggest business Argo