(ShareCast News) - The FTSE 100 sank further on Tuesday, with the blue-chip market down 75.98 points (1.34%) to 5,613.38 by mid-afternoon. Antofagasta led the fallers after Goldman Sachs downgraded the stock to 'sell' from 'neutral' and slashed the price target to 250p from 440p on the back of lower
Read more(ShareCast News) - The FTSE 100 was set to finish the week just in the black, up 1.32 points (0.02%) to 5,900.08 points by mid-afternoon on Friday. Anglo American led the risers for the second day running, while its sector peers were tracking the other way. It followed shares in Anglo rising on Thur
Read more(ShareCast News) - Kingfisher's transformation plan announced on Monday didn't convince The Times' Tempus on Tuesday. The B&Q owner announced a five-year transformation programme on Monday, saying it plans to deliver a £500m sustainable annual profit uplift by the end of the process. However, it wa
Read more(ShareCast News) - Tesco may be slapped with a fine of up to £500m by the Serious Fraud Office over its £326m accounting black hole, according to Cantor Fitzgerald analyst Mike Dennis. He said the SFO's findings, possible fines and trading restrictions on Tesco, after an investigation launched in 2
Read more(ShareCast News) - The FTSE 100 started the week in the red, with the blue chip market down 21.22 points (0.36%) to 5,878.79 by mid-afternoon Monday. Shares in Kingfisher dropped after the B&Q owner announced a five-year transformation programme on Monday, saying it plans to deliver a £500m sustaina
Read more(ShareCast News) - Kingfisher's 'sell' rating was reiterated and its target price was put under review by Investec on Monday after the company announced a five-year transformation programme. The owner of home improvements retailer B&Q said it plans to deliver a £500m sustainable annual profit uplift
Read more* Targets 500 mln stg profit uplift in 5 years * Says plan will cost 800 mln pounds * Will return 600 mln pounds to shareholders * Shares fall up to 4.8 pct (Adds CEO, analyst comment, shares) By James Davey LONDON, Jan 25 (Reuters) - Kingfisher, Europe's largest h
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