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The discount retailer, which recently missed out on a deal to buy a state-of-the-art online fulfilment centre, could finally bow to pressure.

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Surely Burnley must be of interest

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https://www.thetimes.com/business/companies-markets/article/primark-online-delivery-service-0qj5rqgkb

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European markets are set for a lower open on Friday, with investors focused on intensifying political uncertainty in the UK. Prime Minister Keir Starmer faces mounting pressure after Health Secretary Wes Streeting resigned, reportedly preparing a leadership challenge backed by key members of parliament. Investors are also closely monitoring US President Donald Trump's visit to Beijing for high-stakes talks with Chinese leader Xi Jinping, amid hopes of easing tensions between the two powers.

At 8:00 am CET, the FTSE 100 lost 0.40%. The Euro Stoxx 50 fell 1.46%. The DAX decreased 1.43%. The CAC 40 declined 1.23%.

The euro fell 0.30% against the greenback to 1.16337 at 7:58 am CET and the British pound retreated 0.45% compared to the dollar, going for 1.33433.

Baha Breaking News (BBN) / AC

Happy Friday y’al

Enjoy your weekend 💃 🕺 🥂

Major European stock indexes traded mostly in the green during premarket hours on Thursday as global attention shifted to China, where United States President Donald Trump and his Chinese counterpart Xi Jinping began their two-day summit. Trump praised Xi's leadership and pledged that bilateral relations will be "better than ever before." However, the Chinese head of state warned that the Taiwan issue could push relations between Washington and Beijing "into a very dangerous situation."

The DAX added 0.09%, while the FTSE 100 lost 0.17% at 8:00 am CET. At the same time, the CAC 40 advanced by 0.33%, and the Euro Stoxx 50 rose by 0.77%.

The euro and the pound both traded flat against the dollar at 7:58 am CET, to go for $1.17116 and $1.35168, respectively.

Baha Breaking News (BBN) / JJ

Again another buy after 4:30 for 1,000,000 shares at a cost of £174,750.00

Major European stock markets traded flat to higher on Wednesday in premarket hours, as investors digested a fresh batch of earnings. Deutsche Telekom, Siemens, Allianz and RWE all published their latest financial results earlier today. On the economic front, data on French inflation and the Eurozone's economic growth are due later in the day. Traders also kept an eye on the political turmoil in the UK, where several ministers resigned and, together with over 80 Labour Party members of parliament, called for British Prime Minister Keir Starmer to do the same.

At 8:02 am CET, the CAC 40 gained 0.31% as the Euro Stoxx 50 jumped by 0.65%. Meanwhile, the DAX and the FTSE 100 traded flat.

Both the euro and the pound traded flat against the dollar at 7:58 am CET, going for $1.17341 and $1.35490, respectively.

Baha Breaking News (BBN) / KM

Happy hump y’al… 🐪 🐫

Years ago I watched Associated British Foods sell A chain of supermarkets in the south north of Ireland namely Stewarts, Crazy Prices, Westside Stores and Quinnsworth to Tesco for £630m. When the sale was announced ABF’s shares did little in the form of reaction it wasn’t until the next round of company numbers were announced with the £630m in the accounts that the market awarded ABF’s shares accordingly.

I just thought some people might feel dejected by the market’s response to the M&S sale of ASOS warehouse.

I expect the just reward will come when the money is banked and announced in the numbers.

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Today’s Debenhams Volume

Vol. Sold 580,432

Vol. Bought 2,961,322

Years ago I watched Associated British Foods sell A chain of supermarkets in the south north of Ireland namely Stewarts, Crazy Prices, Westside Stores and Quinnsworth to Tesco for £630m. When the sale was announced ABF’s did little in the form of reaction it wasn’t until the next round of company numbers were announced with the £630m in the accounts that the market awarded ABF’s shares accordingly.

I just thought some people might feel dejected by the market’s response to the M&S sale of ASOS warehouse.

I expect the just reward will come when the money is banked and announced in the numbers.

European markets are expected to open mostly lower on Tuesday, as investors continue digesting the latest batch of corporate earnings. Bayer reported first-quarter sales fell 2.4% to €13.4 billion, reflecting continued pressure. Meanwhile, Thyssenkrupp posted a 2% drop in second-quarter sales to €8.4 billion.

Adding to the mood, traders received Germany's latest inflation update.

At 8:00 am CET, the FTSE 100 dropped 0.38% and the CAC 40 jumped 0.36%. The EURO STOXX 50 decreased 0.64%. The DAX fell 0.32%.

The euro lost 0.18% compared to the dollar at 7:59 am CET, going for 1.17624, while the British pound lost 0.24% against the greenback to 1.35774.

Baha Breaking News (BBN) / AC

Asos is selling a warehouse to Marks & Spencer which Berenberg says is a boost to the balance sheet.

analyst Anne Critchlow reiterated her ‘buy’ recommendation and target price of 600p on the online fast-fashion retailer, which was trading up 13.7% at 247p on Monday.

It has sold its Lichfield warehouse to high-street stalwart M&S for £66m, which Critchlow said partly reflected ‘the value of the infrastructure and automation put in place by the company on the site’.

The transaction, which will complete in the second half of the year, ‘should serve to strengthen the balance sheet’ given Asos will no longer be paying the £6m annual occupancy costs, boosting free cashflow.

‘This warehouse disposal is a further piece of good news for Asos’s balance sheet following the refinancing announced last November,’ said Critchlow.

This is bound to get Dan Finley agitated.

Definitely easier to live with than a planning application for change of use to indoor tennis courts.

Asos is selling a warehouse to Marks & Spencer which Berenberg says is a boost to the balance sheet.

analyst Anne Critchlow reiterated her ‘buy’ recommendation and target price of 600p on the online fast-fashion retailer, which was trading up 13.7% at 247p on Monday.

It has sold its Lichfield warehouse to high-street stalwart M&S for £66m, which Critchlow said partly reflected ‘the value of the infrastructure and automation put in place by the company on the site’.

The transaction, which will complete in the second half of the year, ‘should serve to strengthen the balance sheet’ given Asos will no longer be paying the £6m annual occupancy costs, boosting free cashflow.

‘This warehouse disposal is a further piece of good news for Asos’s balance sheet following the refinancing announced last November,’ said Critchlow.

I didn’t know “Lichfield fulfilment centre” was warehousing, perhaps the sale will prompt interest in Burnley.

https://www.thisismoney.co.uk/money/markets/article-15807785/M-S-snaps-Asos-warehouse-seeks-double-online-sales.html

A buy listed after 4:30 for 1 million shares at 17.40p total cost £174,000.00

Hey Ho!

Interesting to see how the market reacts.

https://www.lse.co.uk/rns/ASC/disposal-of-lichfield-fulfilment-centre-fr5jht363fqksnq.html

Major European stock indexes traded mixed during premarket trading on Monday as investors assessed the latest developments regarding the Iran war. US President Donald Trump stressed that Iran's peace proposal is "totally unacceptable" after Tehran allegedly offered to transfer part of its enriched uranium abroad, seeking guarantees that the uranium will be returned to Iran if diplomacy fails or the US withdraws from the deal in the future. However, news agencies linked to Iranian authorities denied those claims, stressing that Tehran demanded concessions from Washington, including sanctions relief and guarantees against future US attacks.

The DAX and the Euro Stoxx 50 stood flat at 8:00 am CET. At the same time, the CACA 40 lost -.16%, while the FTSE 100 gained 0.29%.

The euro was down 0.30% against the dollar to sell for $1.17500 at 7:58 am CET. Simultaneously, the pound traded 0.35% lower against the greenback, going for $1.35837.

Baha Breaking News (BBN) / JJ

Happy Monday y’al

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European stock equities traded lower on Friday amid the newest batch of data and earnings. Germany was about to report its latest results in trade balance and industrial production, while the United Kingdom was to post its house prices. Meanwhile, Commerzbank AG reported a record-high net profit in the first quarter of the year.

The DAX declined by 0.78% at 8:00 am CET. The FTSE 100 decreased by 0.67%. The CAC 40 lost 0.44%. The Euro Stoxx 50 dropped by 0.74%.

The euro rose by 0.11% against the dollar at 7:58 am CET, selling for $1.17385. At the same time, the pound sterling went up by 0.18% against the greenback, going for $1.35748.

Baha Breaking News (BBN) / JR

Happy Friday y’al

Enjoy your weekend 💃 🕺 🥂

Major European stock markets traded mixed on Thursday in premarket hours, as investors assessed the latest developments affecting global trading and awaited fresh economic data. The Eurozone's retail sales report is set to be published later in the day, along with the French trade balance report, Germany's factory orders, and Switzerland's unemployment rate numbers.

At 8:01 am CET, the DAX decreased by 0.13% as the FTSE 100 added 0.1%. At the same time, the Euro Stoxx 50 was flat, while the CAC 40 added 0.33%.

The euro and the pound traded flat against the greenback at 7:58 am CET, going for $1.17521 and $1.35955, respectively.

Baha Breaking News (BBN) / RR

European stocks are set to open higher on Wednesday as investors weighed the latest financial reports from companies across the Old Continent. BMW, Novo Nordisk, Lufthansa, Philips and Daimler Truck all reported their quarterly earnings earlier today. Traders also anticipated fresh industrial production figures from France, and producer price index (PPI) readings from the euro area, as well as reports on composite PMI from the United Kingdom, Germany and the Eurozone.

At 8:02 am CET, the DAX increased by 0.9% as the CAC 40 gained 1.04%. At the same time, the FTSE 100 added 1.2%, while the Euro Stoxx 50 improved by 1.07%.

Both the euro and the pound traded 0.35% higher against the dollar at 7:59 am CET, going for $1.17329 and $1.17345, respectively.

Baha Breaking News (BBN) / RR

Happy hump y’al 🐪 🐫