Barratt becomes one of the most hated shares in the UK despite Labour bounce Investing Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Kingfisher: Former Tesco exec heads for big role at B&Q owner RETAIL A former-Tesco exec is set to join the leadership team at Kingfisher, which owns B&Q and Screwfix, following the resignation of its chief financial officer Bernard Bot.
Ocado enters most shorted UK companies list as Abrdn jumps to fourth. These two kept their top spots Shorting Ocado has entered the top 10 list of most shorted stocks this month, coming third, while Abrdn saw two new firms take positions out against it.
Kingfisher: Bonuses slashed for top executives at B&Q and Screwfix owner after profit plummets April 16, 2024 The bonuses of the chief executive and chief financial officer of the owner of B&Q have been slashed after Kingfisher's profits fell by almost 40 per cent during its latest financial year.
B&Q owner Kingfisher lowers outlook as struggling French arm drags down profit March 25, 2024 Kingfisher has made a loss during the full year as a slowdown in sales in its French arm continues to impact its bottom line.
Most shorted companies revealed: Petrofac takes top spot February 12, 2024 Seven investment firms held short positions in Petrofac, with Helikon Investments Limited holding the largest position at 3.5 per cent.