1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio News, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,480 --> 00:00:17,919 Speaker 3: Let's take a look at some of the stocks on 5 00:00:18,000 --> 00:00:20,400 Speaker 3: the move today here in Europe. I'm Caroline Hepka with 6 00:00:20,480 --> 00:00:23,160 Speaker 3: Lizzie Burden and we joined by Bloomberg with Porta Cloma Ley. 7 00:00:23,200 --> 00:00:28,400 Speaker 3: Good morning. Impost heavily shorted, but now might have gotten 8 00:00:28,480 --> 00:00:30,000 Speaker 3: actually some positive mail. 9 00:00:30,240 --> 00:00:32,760 Speaker 1: Yeah, absolutely, it's a big move for Imposts today, which 10 00:00:32,800 --> 00:00:36,400 Speaker 1: is in the very exciting business of operating parcel lockers. 11 00:00:37,000 --> 00:00:39,760 Speaker 1: It said it had received an indicative proposal for a 12 00:00:39,760 --> 00:00:42,720 Speaker 1: potential acquisition of all the shares in the company. It 13 00:00:42,760 --> 00:00:45,720 Speaker 1: didn't disclose any detail on price or on who the 14 00:00:45,720 --> 00:00:48,639 Speaker 1: bidder is, but this was exciting enough to really get 15 00:00:48,680 --> 00:00:52,400 Speaker 1: the shares jumping this morning about twenty percent. So in Posts, 16 00:00:52,400 --> 00:00:54,680 Speaker 1: as you said, has been one of Europe's most heavily 17 00:00:54,720 --> 00:00:58,120 Speaker 1: shorted stocks and its shares fell about thirty seven percent 18 00:00:58,440 --> 00:01:01,040 Speaker 1: in twenty twenty five. But then yes, we had a 19 00:01:01,040 --> 00:01:04,240 Speaker 1: big boost in the share price, but eleven percent boost 20 00:01:04,360 --> 00:01:07,199 Speaker 1: because which was seen as a sign that short sellers 21 00:01:07,200 --> 00:01:09,800 Speaker 1: were closing out some of those bets, so it's been 22 00:01:09,880 --> 00:01:12,520 Speaker 1: a really busy start to the year for InPost, but 23 00:01:13,200 --> 00:01:16,039 Speaker 1: we'll be keeping an eye on developments with this potential deal. 24 00:01:16,200 --> 00:01:18,720 Speaker 1: As mentioned, we still have no detail on price and buyers, 25 00:01:18,720 --> 00:01:21,120 Speaker 1: so the market will be very interested in that once 26 00:01:21,160 --> 00:01:22,880 Speaker 1: we start getting some of those details. 27 00:01:22,959 --> 00:01:25,039 Speaker 3: And it seems like the UK retailer Next got it 28 00:01:25,480 --> 00:01:27,720 Speaker 3: got what it wanted for Christmas, Chloe. 29 00:01:27,760 --> 00:01:31,160 Speaker 1: Why yeah, absolutely, Next did quite well over Christmas, which 30 00:01:31,280 --> 00:01:34,720 Speaker 1: tells us something quite reassuring about the UK consumer, perhaps 31 00:01:34,760 --> 00:01:37,679 Speaker 1: given that Next is widely considered to be a bell 32 00:01:37,680 --> 00:01:40,560 Speaker 1: weather for the UK high street, so it boosted its 33 00:01:40,600 --> 00:01:43,640 Speaker 1: profit forecast for a fifth time this financial year. Is 34 00:01:43,720 --> 00:01:47,040 Speaker 1: said that seals were really strong over the holiday period, 35 00:01:47,480 --> 00:01:50,040 Speaker 1: and that also includes the UK, where growth was expected 36 00:01:50,080 --> 00:01:54,000 Speaker 1: to be much more muted than it actually ended up being. However, 37 00:01:54,040 --> 00:01:56,800 Speaker 1: there's always a butt with these things. A Christmas period 38 00:01:57,120 --> 00:01:58,920 Speaker 1: was strong, but that doesn't mean that the rest of 39 00:01:58,920 --> 00:02:02,640 Speaker 1: twenty twenty six will necessarily be the same. Next worn 40 00:02:02,760 --> 00:02:05,200 Speaker 1: that profit in sales would grow at a slower pace 41 00:02:05,480 --> 00:02:08,880 Speaker 1: in the year ahead, and that is primarily primarily primarily 42 00:02:08,919 --> 00:02:12,639 Speaker 1: because of rising unemployment. So of course, if we if 43 00:02:12,680 --> 00:02:15,800 Speaker 1: someone is unemployed. That means that that discretionary spending like 44 00:02:15,880 --> 00:02:17,840 Speaker 1: clothes is going to be the first thing that goes 45 00:02:17,880 --> 00:02:20,920 Speaker 1: out the window. So Next is usually quite cautious with 46 00:02:20,960 --> 00:02:23,520 Speaker 1: its guidance. That perhaps explains how I was able to 47 00:02:23,560 --> 00:02:26,280 Speaker 1: lift it five times this year. But it's worth keeping 48 00:02:26,320 --> 00:02:29,200 Speaker 1: in mind that cautious tone and not getting too excited 49 00:02:29,400 --> 00:02:32,040 Speaker 1: about the prospects for British retail in twenty twenty six. 50 00:02:32,560 --> 00:02:36,919 Speaker 3: Yeah interesting, Okay, So that from Next, which is one 51 00:02:36,919 --> 00:02:40,000 Speaker 3: of the big High Street Bell Weathers shoes come in 52 00:02:40,080 --> 00:02:43,920 Speaker 3: pairs and added us So do downgrades. What has happened? 53 00:02:44,080 --> 00:02:47,119 Speaker 1: Yeah, Tidas was double downgraded by a Bank of America. 54 00:02:47,240 --> 00:02:50,000 Speaker 1: The analysts have said that they expect lower growth for 55 00:02:50,080 --> 00:02:53,280 Speaker 1: the company going forward, also said that investor interest in 56 00:02:53,320 --> 00:02:56,960 Speaker 1: that sector was really starting to wane in some what 57 00:02:57,080 --> 00:02:59,480 Speaker 1: some ways say is quite harsh. They said that the 58 00:02:59,480 --> 00:03:02,720 Speaker 1: company's and up cycle was old news, so that maybe 59 00:03:02,720 --> 00:03:05,080 Speaker 1: seems to indicate that the company might not be able 60 00:03:05,120 --> 00:03:07,760 Speaker 1: to kind of always ride the wave of consumer enthusiasm 61 00:03:07,919 --> 00:03:10,560 Speaker 1: for its retro sneakers, which was really what I's been 62 00:03:10,639 --> 00:03:13,320 Speaker 1: driving the growth over the last couple of years. And 63 00:03:13,360 --> 00:03:15,440 Speaker 1: this comes just a few weeks after Nike, which is 64 00:03:15,440 --> 00:03:19,240 Speaker 1: obviously the most direct competitor, worn that sales would also 65 00:03:19,280 --> 00:03:21,640 Speaker 1: take a hit for them with a weakness in China 66 00:03:21,680 --> 00:03:24,160 Speaker 1: in particular. So it seems that across the board for 67 00:03:24,240 --> 00:03:27,200 Speaker 1: those spots where stocks there's maybe a lack of catalyst 68 00:03:27,280 --> 00:03:29,880 Speaker 1: going forward and some weakness that we need to take 69 00:03:29,919 --> 00:03:30,480 Speaker 1: into account. 70 00:03:30,960 --> 00:03:34,200 Speaker 3: Oh, I've fallen for the New year resolution. I bought 71 00:03:34,200 --> 00:03:37,640 Speaker 3: a new pair of trainers. You ladies are going to 72 00:03:37,680 --> 00:03:41,040 Speaker 3: have to keep me on target for actually using them. 73 00:03:41,160 --> 00:03:45,520 Speaker 2: You can never have enough shoes, Caroline. The Stock Movers 74 00:03:45,600 --> 00:03:49,200 Speaker 2: Report from Bloomberg Radio. Check back with us throughout the 75 00:03:49,280 --> 00:03:52,120 Speaker 2: day for the latest roundup of companies making news on 76 00:03:52,160 --> 00:03:55,800 Speaker 2: Wall Street and for the latest market moving headlines. Listen 77 00:03:55,840 --> 00:04:00,160 Speaker 2: to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, 78 00:04:00,200 --> 00:04:03,240 Speaker 2: and on Apple CarPlay and Android Auto with the Bloomberg 79 00:04:03,280 --> 00:04:04,000 Speaker 2: Business app. 80 00:04:08,360 --> 00:04:08,680 Speaker 3: Mm HM