007 carmaker Aston Martin announces stock market float

LONDRES, United Kingdom -- Aston Martin, the British luxury car brand favored by fictional spy James Bond, announced on Wednesday plans to list a quarter of its shares on the London stock market.

Full details of the initial public offering will be published on September 20, Aston Martin said in a statement, with reports noting that the company could be valued up to £5.0 billion ($6.4 billion, 5.5 billion euros).

"Today's announcement represents a key milestone in the history of the company, which is reporting strong financial results and increased global demand for its award-winning sports cars," Aston Martin chief executive Andy Palmer said in the statement.

The century-old carmaker, based in Gaydon in central England, is controlled by Italian private equity fund Investindustrial and Kuwaiti investors. 

German carmaker Daimler will meanwhile keep its near 5.0-percent stake in the group, Aston Martin said.

Founded in London in 1913, Aston Martin rose to fame thanks largely to its DB5 sports car, a favourite of early Bond actor Sean Connery.

source: news.abs-cbn.com

Floyd shows off piles of cash, sports cars

American boxer Floyd Mayweather Jr. appears to be happy in his retirement, showing off piles of cash and his sports cars in a display of his "lavish lifestyle."



Mayweather retired in September 2015 after beating Andre Berto. He retired with 49 wins and no losses and was the highest-paid athlete in sports in the year he stepped away from boxing.

In an Instagram post, Mayweather showed off a table filled with stacks of cash, wearing a cap bearing a "$1M" insignia.

"They say 'life is what you make it,' and to that, I'll agree wholeheartedly," Mayweather said in his caption. "As I sit here, acknowledging how blessed I am to be retired a year shy of my 40th birthday, it's nearly impossible to say that I am not living the 'American Dream.'"

Mayweather said that he may not have his "usual six-pack or muscle tone in sight," but he still gets the last laugh after retiring with a spotless record.

"I'm blessed to wake up every morning, certain that my bank accounts are growing," he said. "Making seven figures monthly without moving a finger just further proves that I've made brilliant investments and decisions that allow me to walk away from the ring comfortably."

"I'm proud to be a King," he declared.    

Two days ago, Mayweather also showed a picture of himself swimming, with the caption: "The retired life. Seven figures monthly. Retired before 40 years old. Made smart investments."

source: www.abs-cbnnews.com