kevin o'byrne has the answers. pounds, just gone red.retax profit, retail sales beat estimates from next but the stock is up 18%. we've had better weather and that is helping the clothing line. first-quarter retail sales dropped 3.6%. the estimate was for a demolition over 6%. online sales, a bit of slippage, 11.8%. the market had penciled in 12.8%. i want to flip to sainsbury's before the rest of the markets. some important lines coming through from sainsbury's in terms of strategy for the market. over 400 to approve supermarkets this year. they will cut the deck by 600 million pounds over the next three years. everybody is asking what are the next steps? these are the foothills of strategy from sainsbury's. do we need to hear more? we will talk to cfo. it is mayday, asia is closed. most of europe is on vacation. ftse futures, let's see the reaction next and to sainsbury's into the open. london up .4%. records in the united states doing well. s&p up another .3%. do you believe more in the momentum of apple come up 5% after the bell, bec

ramp up investment and slash costs as it looks to push past its failed take-over bid for azda cfo kevin o'byrneys the company was disappointed by the collapse in taks zoo this was never a dead -- it was a high probability that this deal could be done and the management team are getting on with running the business in what is, as you said, a challenging market >> president trump says the u.s. economy could go up like a rocket if the fed cuts rates ahead of the central bank's latest policy decision that is later today. >>> apple spikes in extended trade as stronger demand for services helps offset declining iphone revenues, and the tech giant delivers a new $75 billion buy-back plan. >>> well, the u.k. market is trading today. we're just getting some numbers out of the u.k. that pmi manufacturing numbers just to break it down a little more. as the manufacturing pmi stock purchases came in at 58.8 versus march. obviously very high numbers. putting this all together, i would say even though we've got an optical beat, if you look at the nitty gritty, there are a few signs here, especially the fact t