Kingfisher PLC reported a 6% rise in adjusted profits to £560 million for the year ending January 2026, driven by stronger sales volumes, improved margins, and tight cost control. Total sales were nearly £13 billion, up 1.3%, with like-for-like sales growth led by the UK, particularly from B&Q and Screwfix. The company completed a £300 million share buyback and announced a new £300 million buyback alongside a stable dividend of 12.4p per share. Despite challenges like increased taxes and market uncertainties, Kingfisher expects adjusted profits between £565 million and £625 million for the next year and aims to maintain cost discipline and shareholder returns.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
