
(ShareCast News) - B&Q owner Kingfisher announced on Friday that it will buy back shares worth up to £35m to reduce the share capital of the company. The group has instructed Credit Suisse in relation to an irrevocable, non-discretionary programme to purchase its shares for cancellation, during the
(ShareCast News) - Credit Suisse has made a series of post-Brexit changes in its latest global equity strategy note. The Swiss bank, which has been underweight domestic UK since last September, upgraded non-London housebuilders to 'benchmark' from 'underweight', saying the house price to wage ratio
* REITs, housebuilders, asset managers, insurers all hit * Follows decision by three funds to stop investors leaving * BoE flags concerns; investors fear crisis re-run (Adds more detail on fund performance, bank holdings, background, updates shares) By Simon Jessop, Vikram Sub
* REITs, housebuilders, asset managers, insurers all hit * Follows decision to investors in one mutual fund leaving * BoE flags concerns; investors fear crisis re-run (Recasts, adds quotes, graphics, background) By Simon Jessop, Vikram Subhedar and Carolyn Cohn LONDON, J
(ShareCast News) - Goldman Sachs cuts its target prices on General Retailers in the UK on expectations for lower non-food retail spending in 2017, to reflect movements in foreign exchange rates and on the basis of a now higher estimated UK equity risk premium. Combined, those three factors drove an