quit kingfisher -- >> kingfisher's ceo will join us. that is a first here on bloomberg. ♪ >> welcome back to "countdown." i am mark barton. >> i am anna edwards. europe's leading home improvement store, kingfisher, reported its earnings today. it is looking for a strategic partner in china. ceo and a now is the london. ian cheshire. the first quarter of this year, conditions have been extremely challenging but you see things getting better. paint the picture for us. >> we are very pleased to announce the 4% increase. we took our tax into account. it was key last year. people may forget the last year we had slowing in europe. first a really good quarter. we had to recover the year so we are pleased to ended the year up up 3.3%.nd q4 we are seeing mark teixeira gains -- market share gains. .e could finish the year >> do not mention that snow because it makes me cold. let's talk about your german business. why are you selling that? you are returning some money to shareholders, how do the two stores link up? you raised money from it. is the

kingfisher doing quite nicely. i will tell you what the ceos message was about china when i speak to you later on. the stock up over four percent. deicing ise cost of down. they say they will make a narrower loss than originally estimated for the first half of the year. it comes in at 55,000,000-65,000,000 loss. triptych ofword, a rising stock prices. spots --tych of rising stocks. what more can you ask for? joining us for more is j.p. morgan asset management global market strategist. his team manages about $1.6 trillion worth of assets. thank you for coming in. need to talk about ukraine and russia and the world in general, but google glass is one of the most exciting things in terms of products to be launched. what does it mean for your investment portfolio? is wearable technology where the money is going to be? theyou look at retailers, have to be present online. >> the broader thing that strikes me is technology and the way we interface with it is always changing. if you were to tell me five years ago some of t

>>> kingfisher prices its ipo at $20.50 a share, just the mid point of its range. are investors nervous they can't recreate the success of candy crush? >>> president obama criticizes russia as merely a regional power. leaders are in brussels for more talks with the eu. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. warm welcome to today's edition of "worldwide exchange." if you're just joining us, welcome to the start of your global trading day. we had plenty of movement from the dow boosted by consumer confidence. house prices solid. will it be new home sales down to five-month lows. but clearly affected by the weather. yesterday, dow up 112 points. we are called higher again this morning by around about 33 points above fair value. the nasdaq at the moment, 2% higher yesterday, is currently trading around 9 points above fair value and the s&p 500 at the moment is around 3.5 points above fair value, as well, after being up some is .4% yesterday. the ftse cnbc global 300 at the moment is up around 0.25% and just

i mean, the kingfish and andy were very intelligent, very articulate individuals. andy, for example -- spencer williams -- was a great director in the black film industry in the late 1920s and throughout the 1930s, a very subtle man, and the idea that they were the parts that they played is ridiculous. c-span: the... >> guest: the problem with "amos and andy," if i may, was that there weren't enough other types of negroes represented on television at that time. there weren't enough blacks in -- i mean, there were no black anchorpeople, for example. there were no blacks represented as intellectuals outside of the judges and lawyers and doctors on that tv series. you know, there was no "oprah," etc., and so that was the dominant image. and what you remembered -- i think if you were white, what you remembered was not what you remembered if you were a poor colored kid growing up in piedmont, west virginia, which is, "look at all these black judges.'' what you remembered was the ignorance of andy brown and his dupability, as it were. c-span: why did you write the book?

later, kingfisher's ceo will join us. >> stay with us.ow russian markets are responding to sanctions was up a bloomberg exclusive interview -- sanctions. -- a bloomberg exclusive interview. ryan chilcote will talk to the chief executive, reuben. ♪ >> most recently the exclusivity has declined. in my view, this is normalization because it is the process. banks are not need liquidity anymore. mr. stark, former ecb executive and he spoke to betty liu at credit suisse. welcome back to "countdown." i am anna edwards. >> i am mark barton. seeian oligogs, what they as a safe haven market, london. to our correspondent caroline hyde. she is live. a pad of 90 billion pounds exclusive holland park. >> she is slumming for "countdown," thank you. >> i am slumming it. i had a tour of this insatiable apartment that has a 3-d cinema. singled sound and every world. there is crystal dripping off at the ceiling. it is pretty high-end. one of the men who was trying to sell it. sense, it ise a something russians would be interest in? >> absolutely. this is po

>>> kingfisher prices its ipo at 50