Kingfisher Share News (KGF)

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

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G

UPDATE 3-Kingfisher says still waiting for UK consumer recovery

* H1 underlying pretax profit 365 mln stg, down 1.6 pct * H1 sales up 4.3 pct, down 0.8 pct like-for-like * Ends half with net cash of 259 mln stg * To launch Screwfix in Germany * Shares down over 2 pct By James Davey LONDON, Sept 11 (Reuters) - Kingfisher, Eu

London close: Stocks inch higher after choppy session

Markets were rangebound on Wednesday but managed to eke out small gains by the close of trade as traders digested ongoing developments in Syria and a fall in unemployment in the UK. The FTSE 100, which swung between gains and losses for most of the day, finished just 4.44 points higher at 6,588.43

FTSE 100 movers: ARM rises on launch of latest Apple iPhones

Leading today's risers was ARM Holdings, the chip designer, which rose strongly in the aftermath of last night's launch by customer Apple of its new iPhone models. The phones use a new 64-bit processor, which a number of analysts believe will equate to an increased royalty rate to ARM than the 32-bi

London midday: Markets pause after recent gains, UK unemployment falls

Stocks were trading broadly flat on Wednesday morning with markets rangebound after hitting a four-week high the day before, as traders continued to digest recent developments in Syria after the government agreed to hand over its chemical weapons. The FTSE 100 was swinging between gains and losses

London open: Stocks pull back from four-week high

FTSE 100 opened slightly lower on Wednesday morning as markets paused for breath to digest recent developments in Syria after the government agreed to hand over its chemical weapons. London's benchmark index finished Tuesday's session at 6,583.99, its highest closing price since August 14th when it

Kingfisher blames H1 profit dip on weather and consumer confidence

Home improvement retailer Kingfisher, owner of B&Q and Screwfix, blamed depressed consumer confidence and cold weather for reduced profits in the first half of the year. Although sales grew 4.3% to £5.7bn, which was helped by currency changes, profit before tax and exceptional items fell 1.6% to £

Kingfisher H1 Statutory Profit Up

Kingfisher first-half profit falls 1.6 pct

LONDON, Sept 11 (Reuters) - Kingfisher, Europe's biggest home improvements retailer, met forecasts with a 1.6 percent fall in first-half profit as a better second quarter was not enough to fully offset the impact of poor weather in the first quarter. The firm, which runs the B&Q and Screwfi

Wednesday preview: Sports Direct reports ahead of joining FTSE 100

Sports Direct International is set to release a trading update on Wednesday following reports it will be promoted to the FTSE 100 index for the very first time next week. The company, along with Coca-Cola and South African paper and packaging firm Mondi, are expected to replace oil services firm Jo

Monday broker round-up UPDATE

Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an

FTSE 100 movers: Tullow Oil shares jump on oil discovery

Shares in Tullow Oil leapt after it was revealed that the Wisting Central exploration well had made the first ever oil discovery in the Hoop-Maud Basin in the Barents Sea offshore Norway. Tullow Oil owns a 20% stake in the licence where the oil was found. Airline group easyJet was continuing to re

London open: Stocks fall as investors await US non-farm payrolls

Stocks opened broadly lower on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon, seen as a deciding factor in the Federal Reserve's impending withdrawal of stimulus. US data released Thursday threw more weight behind t