ABN Amro Job Cuts, Kingfisher Upbeat, Rheinmetall on Ukraine
On this episode of Stock Movers:
- ABN Amro Bank NV plans to cut almost 20% of its workforce as new Chief Executive Officer Marguerite Berard seeks to boost profitability.
- Kingfisher shares climb as much as 6.9% after the home-improvement retailer raised its full-year earnings guidance and reported third-quarter sales that were slightly ahead of estimates.
- European defense stocks including Rheinmetall may be active in early trading after Russia and Ukraine exchanged fire with heavy air raids on Kyiv and assaults on southern Russian areas
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