Nightingale Lauds Sainsbury Sales, Sees U.K. Recession: Video

Roger Nightingale, global strategist at Pointon York Ltd. which oversees $1.5 billion, talks with Bloomberg's Sara Walker in London about J Sainsbury Plc's fourth-quarter sales reported today, the efforts of central banks to calm credit markets and his outlook for retail stocks. Sainsbury, Britain's third-largest supermarket chain, reported stronger sales after price cuts drew shoppers and announced a 1.2 billion-pound ($2.4 billion) property venture with British Land Co. (Source: Bloomberg)

Bloomberg | March 26, 2008

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