Kingfisher Share News (KGF)

LONDON MARKET CLOSE: Stocks close mixed ahead of Fed and BoE decisions

(Alliance News) - Stock prices in London closed mixed on Tuesday, as investors nervously look ahead to interest rate decisions from the US and England, and what they will mean for the rest of 2023.

FTSE 100 movers: Kingfisher down 11% after profit warning

(Sharecast News) - Kingfisher lost more than a tenth of its market value on Tuesday after the DIY retail conglomerate warned shareholders that it would have to scale back profit guidance this year.

LONDON MARKET MIDDAY: London largely up despite slew of outlook cuts

(Alliance News) - Stock prices in London were mostly higher at midday Tuesday, after news that eurozone inflation eased slightly in August and despite some less-than-stellar local corporate updates.

LONDON MARKET OPEN: Stocks rise; Kingfisher drops on guidance cut

(Alliance News) - Stock prices in London opened slightly higher on Tuesday, but a cautious sentiment prevailed in global equity markets ahead of central bank meetings and the upward trajectory of oil prices.

TOP NEWS: Kingfisher cuts guidance but plots GBP300 million buyback

(Alliance News) - Kingfisher PLC on Tuesday cut its annual profit outlook, with sales in July hurt by wet weather, though the owner of a number of DIY chains announced a new share buyback.

LONDON BRIEFING: Kingfisher unveils share buyback but cuts guidance

(Alliance News) - Stocks in London are called flat on Tuesday, as upcoming central bank decisions and the latest rise in oil prices subdue risk appetite.

Kingfisher lowers full-year expectations as Poland operations drag

(Sharecast News) - Kingfisher lowered its profit expectations for the full year on Tuesday despite reporting a slight increase in first-half sales of 1.1% to £6.88bn, with like-for-like sales slightly ahead of expectations.

TRADING UPDATES: Kropz makes ZAR155 million draw down on loan

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

UK retailers warn chancellor against GBP400m business rates hike

(Alliance News) - Bosses of a raft of Britain's biggest retailers, such as Tesco PLC, Marks & Spencer Group PLC and Kingfisher PLC's B&Q, have urged Chancellor Jeremy Hunt to freeze their property taxes to avoid a roughly GBP400 million hike.

LONDON BROKER RATINGS: Shore says 'buy' B&M; Peel Hunt likes Halfords

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

LONDON BROKER RATINGS: Barclays edges up Beazley price target

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday evening:

LONDON BRIEFING: Direct Line appoints CEO; Prudential swings to profit

(Alliance News) - Stocks in London are called up on Wednesday, in hopes markets will extend Tuesday's rally.

JPMorgan puts Kingfisher on 'negative catalyst watch', cuts price target

(Sharecast News) - JPMorgan Cazenove trimmed its price target on shares of B&Q owner Kingfisher on Wednesday and placed them on 'negative catalyst watch' ahead of first-half results next month.

LONDON BROKER RATINGS: Jefferies raises Aston Martin to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday: