caroline: kingfisher up 3%. big in the u.k. p.m.so large exposure in france as well. the female chief taking the helm. people liking what she is doing at the company. of course this is all about home improvements. retailing. the u.k., it has been particularly good for them at the moment. better than expected sales. they have been closing stores. up 15% in terms of sales. it was better than had been expected. meanwhile france remains soft. down .2%. people lying the new strategy at kingfisher. a key performer on the stoxx 600. sports direct. up 3%. did you know they were getting into gyms? they have a new gym and they are saying this is going to be their focus. they invite their employees and partners. they all gather together. they are hosting that today and informing the market and some of the news they are going to be giving to their own employees. pretax profit and earnings per share looks to be ahead of expectations. closing some of their bigger stores. lower interest charges. they say they continue to invest in their larger for

that certainly saved my bacon as well as those guys who are going to be flying the kingfishers. mr.use of mr. truman dropping the two bombs. my brother was on the west coast going out the second time. when he went out the first time, he landed at midway right after the battle of midway. he had been assigned to the marine pilots. he flew and sb2c and others. he was assigned to be a bomber pilot in the marianas. they flew several missions every day. before he came back the first time, he had 118 bombing missions. his plane got shot up a number of times. he said the japs are good pilots and gunners. but i appreciate what harry truman did. a lot of people criticized him for dropping the bombs, but i know everyone said later, we probably would have lost another million men if he had not dropped the two bombs. wisconsin had five pilots. at the same time he dropped the bombs, he stopped the war, that is for sure. host: a friend of mine e-mailed me yesterday morning to ask a question about harry truman. he said, i know about the bomb and that he was a regular guy. but what else did he do? o

matheny: when i was on the battleship new jersey, i watched them launch those kingfisher scout planesout that he was on. it was like being shot out of a cannon. they would be this explosion and those things would go from zero to 100 miles an hour in about 90 feet. it was like a circus act almost. [laughter] except they had a net in the circus. [laughter] these guys did not have one. host: henry, bill used the phrase 'get psyched up,' he was talking about tennis, but i can hardly imagine how you in the air force managed to get psyched up for missions. knowing -- you told me yesterday that you rarely came back without holes in your airplane. mr. bloch: it was part of our job. wake us up about 5:30. we flew during the day. the raf flew at night. so that was, i thought a good , break for the americans. i went to a meeting of navigators. everybody went to a different meeting. i thought i was very lucky. because we had a crew of 10. four officers, six enlisted men. the other nine were catholic. [laughter] mr. bloch: they got together before every mission, had a little mass -- i felt like i

kingfisher did spice up -- absolutely. restructuring the business.the bad news out of the way. again, a recovery of play in what is a difficult market. manus: you have some of the big cause in media, oil and gas and mining. >> we toned focus on event-driven stocks. pharmaceuticals. these are obviously sectors that there is other m&a going on or asset disposals. we look for these sort offense capitalists before taking position for clients. vodafone was obviously very interesting. the last few weeks or so. we had john malone of liberty coming out making comments. companies that liberty has a 6% stake. that is very interesting as well. pharmaceuticals. manus: thanks for coming in. thank you. caroline: "on the move" is up next. it is a big week for greece. we'll get the latest in the g-7. stay with us. ♪ jonathan: good morning and welcome to "on the move." i'm jonathan ferro. moments away from the start of european trading. what a strange day yesterday was. greece is close to a deal. are they really close to a deal? japanese stocks rallied. the yen touch

we heard from kingfisher today. they are not doing badly.oking through this kind of productivity puzzle, a bit of not bad gdp but not great, either. the housing market is going to remain strong and pick up? simon: all of the things are tied together. it was not just kingfisher. we had good results in telford homes. demonstrating how profitable the market is. going forward, i think the fundamental problem -- is one of supply. francine: it has been five years. simon: could it get worse? when we look at the government's austerity program and where they are looking to concentrate cuts. one that is not ring fence does local government. so where are the planning of this -- the planning is based in local government. if local government gets squeezed, i wonder whether a lot of the concerns about planning are going to multiply for trying to get that engine of delivery through the planning systems. it will be even more challenging. francine: they have said supply is something they're focusing on. would this be a danger that you're not doing it on purp

kingfisher is the biggest retailer -- diy retailer in europe. bank of greece greece's biggest bank. we heard the ecb talking about in the euro zone. as a result of those negotiations going on forever. you can see that right there with that stock. you see the euro held its own today. not be said for the pound, which was down just a tad. we had a surgeon dollar strength. -- a surge in dollar strength. economists were looking for 0.4 -- they punished the pound as a result. >> certain conditions were not met according to a hong kong stock exchange filing. the deal had been worth $1.2 billion. those conditions included a restructuring of debt and resolving business he regularly is. bondholders could not agree on a deal. they were china's first property developer to default on u.s. currency debt. chairman returned the company after several months. suggesting he has changed his mind about selling off. a wrongful death lawsuit filed by the family of michael brown is moving to federal court. brown was shot and killed by a white police officer in metro st

kingfisher is the biggest diy retailer in all of europe and they beat on like for like sales.good for national bank of greece. we heard from the ecb which said they will not raise the ceiling for ela funding. .o more money right now no more emergency liquidity from the european central bank. hl was holding its own. it is just south. much more pronounced downhill ride is what the pound has seen today. the reason for that, we got revised first-quarter gdp data. the originaly as data was, .3% growth in the first quarter. economists were looking for .4%. that is the story in europe. julie: take a look at the u.s.. we have some selling going on today in u.s. stocks. this after a whipped couple of sessions are we had stocks down sharply on tuesday. of sharply yesterday and now muddling along, not much -- not that much change. the nasdaq closed yesterday at a record and we have had trouble going up and up. there have been fits and starts once we hit records. a longer-term chart of the dollar versus a basket of currencies. this is the dxy. we were seeing it trade at a three month high