(Alliance News) - Marks & Spencer Group PLC and Kingfisher PLC are among the retailers eying possible takeovers of stores previously operated by Homebase, Sky News reported on Thursday. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday: Read More
(Alliance News) - The FTSE 100 closed higher on Monday as markets gave a nod of approval to Donald Trump's choice of Scott Bessent as his US Treasury pick, and hopes grew of a ceasefire between Israel and Lebanon’s Hezbollah. Read More
(Alliance News) - Stock prices in London surrendered some earlier gains but were still higher on Monday, kicking off the week positively as the US Treasury secretary pick was deemed market-friendly. Read More
(Alliance News) - Kingfisher PLC on Monday trimmed the top end of its profit guidance range after soft trading in October, and flagged an expected hit of GBP45 million from tax changes in the UK and France. Read More
(Alliance News) - Stock prices in London opened higher on Monday, with a US Treasury chief pick calming market nerves, while there was a slew of M&A updates among early corporate updates. Read More
(Alliance News) - London's FTSE 100 is called to open a touch higher at the start of the week, while the dollar lost some ground, following Donald Trump's pick to lead the US Treasury. Read More
(Alliance News) - European equities were weaker on Thursday, with the mood uncertain following the UK budget, underwhelming earnings from both sides of the Atlantic and ahead of a US inflation reading in the afternoon. Read More
Kingfisher PLC - London-based do-it-yourself retailer under B&Q, Castorama, and Screwfix brands - Completes fourth tranche of the GBP300 million share buyback programme that it started a year ago. Kingfisher buys back 24.0 million shares for GBP75 million in total, leaving just GBP75 million remaining in the programme. Kingfisher says it will provide details on the fifth and final tranche of the buyback "in due course". Read More
Kingfisher PLC - London-based do-it-yourself retailer, which owns B&Q, Castorama, and Screwfix - Says incoming Chief Financial Officer Bhavesh Mistry will join the company as CFO and join the board on January 13, replacing Bernard Bot, who will step down from the board and as CFO on the same day. Outgoing CFO Bot will remain with the company until the end of February to ensure an orderly transition. Incoming CFO Mistry joins from British Land Co PLC, a London-based commercial property developer and investor where he is CFO until November 20. British Land's new CFO will be David Walker, who has been with British Land since 2017. Read More
British Land Co PLC - London-based commercial property developer and investor - Promotes Chief Operating Officer David Walker to chief financial officer and board member, starting November 20. Walker replaces Bhavesh Mistry, who is moving to retailer and fellow FTSE 100 constituent Kingfisher PLC to be its CFO. Walker has been with British Land since 2017. Prior to becoming COO in 2021, he was head of Investor Relations and for nine months served as interim CFO. He is an accountant who previously worked in the Corporate Finance division of Deutsche Bank AG. Read More
(Alliance News) - Equities in London soared on Wednesday as inflation hit a three-and-a-half year low raising hopes of back-to-back Bank of England interest rate cuts before the end of the year. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - London's FTSE 100 perked up in afternoon trading to close higher on Monday shrugging off weak global PMI data. Read More
(Alliance News) - Stock prices in London were mostly lower at midday on Monday despite "encouraging" UK composite purchasing managers' index data, while signs of a eurozone economic slowdown kept eyes on the European Central Bank. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday: Read More
Kingfisher PLC - London-based do-it-yourself retailer, which owns B&Q, Castorama, and Screwfix - Announces the start of GBP75 million share buyback, to be completed by November 22. This is the fourth tranche of the GBP300 million buyback announced in September 2023. Buyback to be conducted by Goldman Sachs International. Read More