Supermarket retailer Casino to sell six stores to rival Leclerc By Reuters

© Reuters. FILE PHOTO: The logo of Casino shop is seen in Nice

PARIS (Reuters) – French supermarket retailer Casino (PA:), in the process of divesting assets to cut debts, has agreed to sell six of its ‘Geant’ hypermarket stores to domestic rival Leclerc for 100.5 million euros ($114 million).

“Reducing these losses will contribute to the group’s growth objective in trading profit in the France retail segment,” Casino said in a statement on Saturday.

Earlier this week, Casino reported a slight slowdown in revenue growth during the fourth-quarter as anti-government protests in France impacted its business, although Casino kept its overall financial targets.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Share this:
Twitter
Facebook

Related

2019-01-19

By: Staff Writer

On: January 19, 2019

In: Hot Stock News

Tagged: Casino, Leclerc, retailer, Reuters, rival, sell, stores, Supermarket

Previous Post: U.S. stock market has switched to bullish from bearish too quickly

Next Post: Bitcoin prices muted but volatility is on the rise, says Cboe analyst

(951) 221-8966

sam@easytradingsignals.com

Disclosure: The owners of this website may be paid to recommend services. The content on this website, including any positive reviews of services and other reviews may not be neutral or independent.

We Don’t Monitor The Validity Of These Ads. Invest Or Purchase At Your Discretion.

Recent Posts

9 CryptoPunks sell for $17M at Christie’s auction house

EUR/USD Rally Stalls Ahead of February High Even as ECB Slows PEPP

Global tally of COVID-19 cases nears 160 million and variant first found in India is now in 44 countries

Litecoin price hits $400 all-time high, but LTC rally at risk of overheating

Dow tops milestone at 35,000, but Nasdaq skids 1.5% as social-media stocks swoon

GBP/USD renews multi-month highs above 1.4150

Asia shares subdued by tech retreat, U.S. futures steady By Reuters

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Email Address

Copyright © 2018 Easy Trading Signals | All rights reserved. Privacy Policy

Online Trading is for 18+. This Blog is NOT under the ownership of any broker or binary options company.

The content on this website is for informational and educational purposes only and is not and should not be construed as professional financial, investment, tax, or legal advice. Trading in penny stocks, futures trading, and options trading have large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these products. Do not trade with money that you cannot afford to lose. The past performance of any trading system, methodology, or particular trader is not indicative of future results.

CFTC WARNING

“It is against the law to solicit U.S. persons to buy and sell commodity options, even if they are called ‘prediction’ contracts, unless they are listed for trading and traded on a CFTC-registered exchange or unless legally exempt. The requirement for on-exchange trading is important for a number of reasons, including that it enables the CFTC to police market activity and protect market integrity. Today’s action should make it clear that we will intervene in the ‘prediction’ markets, wherever they may be based, when their U.S. activities violate the Commodity Exchange Act or the CFTC’s regulations.”

FTC DISCLAIMER:

In accordance with FTC guidelines, easytradingsignals.com has financial relationships with some of the products and services mention on this website, and easytradingsignals.com may be compensated if consumers choose to click these links in our content and ultimately sign up for them.

USA REGULATION NOTICE:

Binary Options Companies are not regulated within the United States. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commodity Futures Trading Commission (CFTC), National Futures Association (NFA), Securities and Exchange Commission (SEC) or the Financial Industry Regulatory Authority (FINRA). Please take notice that any unregulated trading activity by U.S. Citizens is considered unlawful. Trade at your own risk.

U.S. Government Required Disclaimer

U.S. Government Required Disclaimer – “Stocks, Options, Binary options, Forex and Future trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stock, binary options or futures markets. Don’t trade with money you can’t afford to lose especially with leveraged instruments such as binary options trading, futures trading or forex trading. This website is neither a solicitation nor an offer to Buy/Sell stocks, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. You could lose all of your money fast due too: poor market trading conditions, mechanical error, emotional induced errors, news surprises and earnings releases.”

Risk Disclosure: and this website does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Channel doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.

Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.

Forex, futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell Forex futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. More over, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

CFTC RULE 4.41 HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

SITE DISCLAIMERS AND TERMS OF SERVICE

The information on this site is for educational and entertainment purposes only. and EasyTradingSignals.com is not giving advice nor is qualified or licensed to provide financial advice. You must seek guidance from your personal advisors before acting on this information. Trading can result in losses. We will accept no responsibility for any losses you may incur. Do not invest more than you can afford to lose. Please see other Disclaimers and Warnings elsewhere on this site.

By entering our websites and/or viewing our Twitter or Facebook status updates and/or purchasing our ebooks and/or purchasing our software and/or our services, you agree to hold harmless the owners, principles, managers and all affiliates and associates of EasyTradingSignals, for any and all losses you may incur by purchasing and using any of the and EasyTradingSignals Trading Systems or any other trading systems, educational or trading ebooks, trading signals or platforms, robots or Expert Advisors (EA's) you may purchase through our recommendation.

No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this website or any product purchased from this website is for educational and entertainment purposes only and is not intended to provide financial advice. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold and EasyTradingSignals.com, the site legal owners and any authorized distributors of this information harmless in any and all ways. The use of our products constitutes acceptance of our user agreement.

Get my best updates delivered to your inbox

Simply

CLICK HERE

×

This site uses cookies which may contain tracking information about visitors. By continuing to browse this site you agree to our use of cookies. Disclosure: Content on this website, including reviews, may not be neutral or independent and reflects the author's views. Find out more.