|Bid||200.00 x 486400|
|Ask||226.00 x 65600|
|Day's range||207.10 - 211.90|
|52-week range||202.70 - 319.70|
|Beta (3Y monthly)||0.88|
|PE ratio (TTM)||20.35|
|Forward dividend & yield||0.11 (5.06%)|
|1y target est||269.15|
London's main index rose as investors bet central banks would soon ease policy in response to concerns about global growth, though the rally was dampened after the European Central Bank delayed any potential interest rate hike to next year. The FTSE 100 rose 0.6%.
London's FTSE 100 share index edged higher on Thursday as investors pinned their hopes on central banks cutting interest rates in response to fears of a global recession, although gains were capped by several heavyweight stocks trading ex-dividend. By 0715 GMT the FTSE 100 was up 0.4% and the mid-cap FTSE 250 had gained 0.2%.
Heavy showers will fall from Texas to the Great Lakes as a months-long pattern of storms continues for at least the next week, said David Roth, a senior branch forecaster at the U.S. Weather Prediction Center. The Arkansas River, which empties into the Mississippi, is forecast to set flood records by next week in Van Buren, Arkansas, and the Toad Suck lock and dam in Conway. The Army Corps of Engineers is monitoring the Mississippi to see if the Morganza spillway in Louisiana should be opened to mitigate the flooding.
The FTSE 100 advanced 0.8% and outperformed its European peers. The FTSE 250 was roughly flat. Markets were initially upbeat after U.S. President Donald Trump said talks between Beijing and Washington had not collapsed, terming the Sino-U.S. conflict as "a little squabble".
Vodafone Group plc (LON: VOD) just hacked back the dividend. Royston Wild explains why it may not be the only FTSE 100 (INDEXFTSE: UKX) stock to take the knife to shareholder rewards.
British home improvement retailer Kingfisher missed forecasts for sales growth in its latest quarter, held back by the weak performance of its French businesses. Kingfisher, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, is in the fourth year of a five-year programme that was designed to boost earnings. This year, first quarter like-for-like sales rose 3.4%, 6.2% and 24.6% in the UK & Ireland, Poland and Romania respectively but were down 3.7% in France.
A few FTSE 100 (INDEXFTSE: UKX) stocks have been battered in recent years, but that's where I look for bargain recovery shares.
It raises yet again a question that’s puzzled two successive governments and will continue to bedevil whichever party takes power after elections conclude next month: What’s killing capitalism in India? Jet was born in the early 1990s, when India’s closed Soviet-style planned economy had just started embracing globalization and private enterprise. An airline that was at one point the industry’s dominant player should theoretically have been able to thrive.
India’s oldest privately owned airline suspended operations on a “temporary” basis on Wednesday after failing to secure a bailout. On one level, you could argue that this is a good sign for India: Its institutions are holding up. State-owned banks are Jet’s biggest creditors and they seem unwilling to throw more money at the airline without a clear revival plan.
China's manufacturing sector surprisingly returned to growth for the first time in four months. The country's State Council on Sunday said additional tariffs on imports of U.S. vehicles and auto parts would continue to be suspended after April 1 in a goodwill gesture. "It's the optimism coming out of China," said Naeem Aslam, chief market analyst at TF Global Markets (UK) Ltd in London.
** Brokerage HSBC downgrades Kingfisher Plc to "reduce" from "hold" and cuts PT to 180p from 240p ** Says progress on transformation not enough to stop downgrades amid challenging markets ...
By Shashwat Awasthi and Yadarisa Shabong (Reuters) - Financial stocks and housebuilders slipped after British Prime Minister Theresa May asked the European Union to delay Brexit and caused the FTSE 100 ...
Home improvement retailer Kingfisher is parting company with Chief Executive Véronique Laury after it reported a 13 percent fall in annual profit, more than halfway through a five-year transformation plan that was designed to boost earnings. The group, whose main businesses are B&Q and Screwfix in Britain and Castorama and Brico Depot in France and elsewhere, has just entered the fourth year of a five-year programme that aimed to raise annual profit by 500 million pounds from 2021. Kingfisher said on Wednesday that separating out the 500 million pound targeted profit improvement from the rest of the business no longer reflected how it is managed -- effectively an abandonment of the target.
The FTSE 100 was flat while the FTSE 250 was up 0.2 percent. The index was also supported by Standard Life Aberdeen which rose 2.4 percent on its best day since early January after posting full-year results and saying that it was doing away with a dual-CEO management structure. Lawmakers voted against Prime Minister Theresa May's amended Brexit deal by 391 to 242 on Tuesday, forcing parliament to decide whether to back a no-deal Brexit or seek a last-minute delay to the process.
Today we are going to look at Kingfisher plc (LON:KGF) to see whether it might be an attractive investment prospect. Specifically, we're going to calculate its Return On Capital EmployedRead More...
Cutthroat price competition denied it that opportunity, and now banks are picking up a majority stake – at a price of 1 rupee for 114 million shares. Banks will get into trouble if the rescue eventually fails, like it did in the case of a 2011 debt-to-equity swap at the now-defunct Kingfisher Airlines.