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Kingfisher Stock Down On Weak FY24 Results, Outlook; Plans Buyback
Shares of Kingfisher Plc were losing around 14 percent in the trading on the London Stock Exchange, after the home improvement retailer reported lower results in fiscal 2024, and issued fiscal 2025 outlook, expecting between a decline and growth in adjusted profit. The company also announced a stable dividend, and 300 million pounds buyback, and said it remains confident about the medium to longer
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Pred 155 dňami
Bay Street Likely To Open On Positive Note
Higher U.S. and Canadian futures, firm commodity prices and European stocks point to a positive start on Bay Street Tuesday morning. Worries about potential fresh tariffs by the Trump administration may weigh a bit and cap market's upside.
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Pred 155 dňami
FTSE 100 Moderately Higher; Kingfisher Plunges On Weak Results
U.K. stocks are moderately higher around noon on Tuesday with investors digesting a slew of earnings news and awaiting clarity on U.S. tariffs.
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Pred 155 dňami
CAC 40 Rises Sharply
French stocks are notably higher on Tuesday, rebounding well after previous session's setback.
The mood is positive thanks to U.S. President Donald Trump indicating that some of the proposed tariffs scheduled for implementation on April may not go forward as planned, and some countries will be granted exemptions for tariffs.
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Pred 155 dňami
Sensex, Nifty End Choppy Session Little Changed On Tariff Concerns
Indian shares ended a choppy session on a flat note Tuesday after U.S. President Trump said he will announce tariffs on automobiles, aluminum and pharmaceuticals in the near future.
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Pred 155 dňami
German Ifo Business Confidence At 8-Month High
German business confidence improved to an eight-month high in March as defense and infrastructure spending plans offset concerns about US trade policies, survey data from ifo Institute showed on Tuesday. The business climate index hit 86.7 in March, up from 85.3 in the previous month. The score was seen at 86.8. The reading was the strongest since last July.
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Pred 155 dňami
Euro Slides As U.S. Tariff Deadline Looms
The euro weakened against other major currencies in the European session on Tuesday, as investors ponder the likely impact of U.S. tariff hikes on inflation, economic growth and corporate profits.
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Pred 155 dňami
more news
DAX Advances On Positive Business Data
German stocks are up in positive territory Tuesday morning, lifted by a survey showing an improvement in German business morale in the month of March.
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Pred 155 dňami
Euro Slides Against Majors
The euro weakened against other major currencies in the European session on Tuesday.
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Pred 155 dňami
European Shares Edge Higher In Cautious Trade
European stocks traded higher on Tuesday as a survey showed German business morale rose in line with forecasts in March after a successful vote on an historic change to the country's debt borrowing rules.
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Pred 155 dňami
Asian Shares Mixed; Hang Seng Falls Over 2%
Asian stocks ended mixed on Tuesday as investors awaited greater clarity on the next round of tariffs from U.S. President Donald Trump.
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Pred 155 dňami
Yen Falls Amid Risk-on Mood
The Japanese yen weakened against other major currencies in the Asian session on Tuesday amid increasing risk-on mood by the investors, as markets breathe a temporary sigh of relief amid reports that U.S. President Donald Trump may hold back some of the reciprocal tariffs set to take effect on April 2. However, the uncertainty about fresh tariffs continues to weigh on market sentiment.
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Pred 155 dňami
Europe New Car Registrations Fall For Second Month
Europe's new car registrations declined for the second straight month in February due to sharp reductions in Germany and Italy, the European Automobile Manufacturers' Association, or ACEA, said on Tuesday. New car sales were down 3.4 percent on a yearly basis in February, after a 2.6 percent drop in January. The German market reported the biggest monthly fall of 6.4 percent.
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Pred 155 dňami
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