(ShareCast News) - Ahead of Marks & Spencer's results on Thursday, Berenberg reiterated its 'sell' recommendation and cut its earnings forecasts for the next three years due to the continuing decline in clothing sales. Thursday's fourth-quarter results for the three months to 31 March 2016, coming a
Read more(ShareCast News) - Kingfisher has been given a 'reduce' rating by Numis after the company's recent full year results. Numis said it was yet to be convinced that the home improvement retailer's transformation plan will successfully address the group's low return on capital employed or develop new gro
Read more(ShareCast News) - Kingfisher is facing pressure from thousands of staff at its B&Q retail chain to bring back overtime pay and benefits it is cutting to ease the cost of the new minimum wage. A petition started by an unnamed B&Q store manager has collected more than 73,000 signatures, according to
Read more(ShareCast News) - The FTSE 100 was trading down on Thursday afternoon as investors ended the week early for Good Friday, with poor UK retail sales and falling oil prices dragging the benchmark down. Kingfisher Group was among the top risers, after its stock had its 'buy' rating reaffirmed by equiti
Read more(ShareCast News) - Societe Generale upgraded B&Q owner Kingfisher to 'hold' from 'sell' and lifted the price target to 359p from 333p following the company's results on Wednesday. The bank said some early signs of recovery in the French home improvement market, together with a weaker reporting curre
Read more(ShareCast News) - Societe Generale upgraded B&Q owner Kingfisher to 'hold' from 'sell' and lifted the price target to 359p from 333p following the company's results on Wednesday. The bank said some early signs of recovery in the French home improvement market, together with a weaker reporting curre
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