Hints and tips:
...Ray Dalio and Hollywood film-maker James Cameron have bought an equity stake in a submarine maker that allows the ultra-wealthy yachting class to explore the remotest parts of the planet....
...New Zealand’s plans to host the 2021 America’s Cup are in disarray amid allegations of fraud, spying and a government decision to suspend funding for the world’s most famous yachting event....
...Mr de Chanville pointed to the example of Kingfisher, owner of B&Q....
...Corporate earnings and updates for Wednesday include Kingfisher, Cambian Group, Cenkos Securities and Shield Therapeutics....
...Hopes of increased cash returns gave Kingfisher its biggest gain in a month on Friday. Kingfisher rose 2 per cent to 426.4p, helped by a recommendation from Bernstein Research....
...Shares in Kingfisher, the home improvement retailer, were up more than 2.4 per cent in London at 374p after the British Retail Consortium’s figures on general retail sales in January rose 3.9 per cent year-on-year...
...A trend of Chinese companies taking over troubled but well-known Italian yachting brands appeared possible over the last year or so but failed to materialise....
...Kingfisher was the sharpest blue-chip faller, down 2.6 per cent to 227p ahead of its full-year results on Thursday....
...He has previously told the Financial Times that he would be interested in selling off a stake in his Kingfisher Airlines to a foreign air carrier, if only Indian rules permitted it....
...Kingfisher was down 1.3 per cent to 138.1p as Collins Stewart recommended selling in advance of the B&Q owner’s trading update next week....
...The market is dominated by the domestic Kingfisher beer of Vijay Mallya’s United Breweries Group....
...But Kingfisher fell 3 per cent to 133.7p after recent gains. Matthew McEachran, analyst at Kaupthing, said the fall could continue ahead of an update expected from the B&Q owner next month....
...Rival Kingfisher faded 4.3 per cent to 118.9p. Game Group fell 3.2 per cent to 265¼p as Investec restarted coverage of the retailer with “sell” advice....
...Kingfisher, the former parent group of Kesa, attempted to dispose of BUT in 2002 but called off the auction. Shares in Kesa fell ¼p to 231¼p....
...Kingfisher, the former parent group of Kesa, attempted to dispose of BUT in 2002 but called off the auction....
...And Scottish & Newcastle owns 37.5 per cent of United Breweries, India’s largest brewer and the owner of the Kingfisher brand. Lord Bilimoria is also pushing Cobra into the US and South Africa....
...Kingfisher was a strong mover, up 8bp to 75.5bp, after a story in yesterday’s Sunday Express that Permira had confirmed an interest in bidding for the DIY chain....
...Kingfisher, the retailer for hobbyist home improvers, also remained in focus, with its cost of protection rising another 3bp to about 71bp....
...Kingfisher is one of the higher returning stocks in the FTSE 100 with a dividend yield of 4.7 per cent....
...On the downside,Kingfisher sank 2.1 per cent to 243p after the DIY retailer revealed that plans to revamp its UK stores would hit profits....
...“They’re more interested in yachting and collecting art than running newspapers.”...
...Grand Expeditions, a US-based group of six companies, offers premium yachting holidays and private jet expeditions....
...Kingfisher, the leading European DIY retailer, is set to return to markets after more than two years with a deal worth at least £500m....
...B&Q owner Kingfisher gained 2.2 per cent to 225p as a sharp fall in third-quarter profits proved not as bad as some had feared....
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