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LONDON (Alliance News) - Stock indices across the UK and Europe are mixed Thursday, showing little reaction to Chinese stimulus measures, while the pound has fallen in the wake of weaker-than-expected UK service sector data, and the euro is flat as a pancake ahead of the European Central Bank ann
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- ECB meeting the main event of the day - China unveils 'mini-stimulus' - Global economic data in focus - Tullow, Standard Life upgraded - Kingfisher rises on Mr Bricolage deal techMARK 2,780.50 -0.09% FTSE 100 6,663.30 +0.06% FTSE 250 16,387.30 -0.17% UK stocks edged higher on Thursday morning, b
Read moreLONDON (Alliance News) - UK shares have opened mixed, as markets seem unimpressed by economic stimulus measures announced by China and look ahead to the results of Thursday's European Central Bank meetings.
Ahead of the ECB announcement at 1145 GMT, International Monetary Fund chief
UK stocks are set to start today's session on a positive note, tracking gains seen in the US ahead of the ECB's latest policy meeting and following positive Chinese services data as per the latest Services Markit/HSBC services purchasing managers index (PMI). City sources predict the FTSE 100 will
Read moreB&Q and Screwfix owner Kingfisher has revealed that it is in exclusive negotiations to buy French home improvement retailer Mr Bricolage, which would add a third business to its two existing brands in the country. Kingfisher, which already operates in France through its Castorama and Brico Dépôt ch
Read moreLONDON (Alliance News) - Europe's largest home improvement retailer Kingfisher PLC Thursday said it is in exclusive negotiations to acquire French home improvement retail chain Mr Bricolage, for an overall enterprise vale of around EUR275 million. Kingfisher, which owns and operates the bra
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LONDON, April 3 (Reuters) - Kingfisher, Europe's No. 1 home improvement retailer, has entered into exclusive negotiations with the main investors of French rival Mr Bricolage to buy their shareholdings. The firm said on Thursday it has proposed to acquire 41.9 percent of the share capital o
Read moreLONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:
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FTSE 100
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UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL'
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HSBC RAISES KINGFISHER PRICE TARGET TO
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:
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FTSE 100
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UBS CUTS ITV TO 'NEUTRAL' ('BUY') - TARGET 210 (230) PENCE
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GOLDMAN CUTS STANDARD CHARTERED PRICE TARGET
Aberdeen Asset Management: Citi reduces target price from 455p to 390p and stays with its neutral rating. Acta: Cantor Fitzgerald places both its target price (prev.: 16p) and its buy recommendation under review. Alliance Pharma: Numis shifts target price from 38p to 39p upgrading to add. APR Ene
Read moreLONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in Lloyds Bank.
The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP
LONDON (Alliance News) - UK stocks rallied Tuesday, as UK inflation hit a four-year low and companies including B&Q parent Kingfisher and low-cost airline easyJet put out strong reports.
The FTSE 100 closed up 1.3% at 6,604.89, more than reversing Monday's losses, while the FTSE
- FTSE closes up 84.50 at 6,604.89 - UK CPI falls to 52-month low - UK house price gains accelerate - Kingfisher leads gains techMARK 2,773.82 +0.72% FTSE 100 6,604.89 +1.30% FTSE 250 16,153.13 +0.83% It was a strong finish for the City today on the back of upbeat performances by a number of UK s
Read moreKingfisher, Europe's largest home improvement retailer, rose strongly after it said it would return 200m pounds to shareholders this year and expand into new markets after profits improved by a tenth in the 12 months ended February 1st. The company, which owns B&Q and Screwfix in the UK, said it wou
Read moreLONDON (Alliance News) - RSA Insurance Group Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.
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