U.S. Markets close in 2 hrs 57 mins

Kingfisher plc -- Moody's affirms Kingfisher plc (P)Baa2 rating; stable outlook

Concurrently, Moody's affirmed Kingfisher's short-term Prime-2 rating. "Today's rating affirmation reflects the company's strong credit metrics and financial flexibility, notwithstanding the business disruption related to the ongoing business transformation and weak trading performance in France and UK" says Francesco Bozzano, a Moody's Analyst and lead analyst for Kingfisher.