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 00:00:16,760 --> 00:00:18,800 Speaker 3: Let's take a look at some stocks on the move 5 00:00:18,880 --> 00:00:21,239 Speaker 3: this week. Carol Master along with Tim Stanovik and joining 6 00:00:21,280 --> 00:00:24,400 Speaker 3: us is Bloomberg News Equities reporter Alexandra Semenova. 7 00:00:24,480 --> 00:00:26,560 Speaker 1: Good to have you here. Where shall we begin? 8 00:00:26,680 --> 00:00:28,480 Speaker 4: Great to be with you. I'm taking a look here 9 00:00:28,520 --> 00:00:31,319 Speaker 4: at American Eagle. That company is sliding today after the 10 00:00:31,360 --> 00:00:34,199 Speaker 4: company pulled its full year guidance. Obviously, a lot of 11 00:00:34,240 --> 00:00:36,600 Speaker 4: firms have been doing that this reporting cycles. They tried 12 00:00:36,640 --> 00:00:40,360 Speaker 4: to navigate a tariff volatility. They actually said that the 13 00:00:40,440 --> 00:00:43,800 Speaker 4: quarter was marred by discounting and a write down of inventories. 14 00:00:43,840 --> 00:00:46,000 Speaker 4: So they're not really casting any blame here on tariffs. 15 00:00:46,000 --> 00:00:49,239 Speaker 4: They're just saying that there's a lot of macroeconomic uncertainty 16 00:00:49,280 --> 00:00:52,120 Speaker 4: for them after a tough quarter. Their CEO said that 17 00:00:53,000 --> 00:00:56,320 Speaker 4: they were really disappointed with the execution of the first quarter. 18 00:00:56,400 --> 00:01:01,200 Speaker 4: They also said that they their merchandise strategies didn't drive 19 00:01:01,200 --> 00:01:04,360 Speaker 4: the results that they had anticipated, and accordingly, their revenues 20 00:01:04,360 --> 00:01:07,039 Speaker 4: expected to be about one point one billion dollars. That's 21 00:01:07,080 --> 00:01:09,520 Speaker 4: a decline of five percent from a year earlier. 22 00:01:09,800 --> 00:01:14,479 Speaker 5: That's interesting after economic uncertainty rather than you know, hey, 23 00:01:14,520 --> 00:01:16,680 Speaker 5: it is actually tariffs that are causing us, right, right. 24 00:01:16,720 --> 00:01:18,679 Speaker 4: They kind of used a broad based term there to. 25 00:01:19,720 --> 00:01:21,199 Speaker 6: Grow tariffs under uncertainty. 26 00:01:21,440 --> 00:01:23,440 Speaker 4: Yeah, a lot of companies have been getting away with 27 00:01:23,480 --> 00:01:23,920 Speaker 4: that's fair. 28 00:01:24,080 --> 00:01:26,000 Speaker 3: I always feel like with the retailers too, Like you 29 00:01:26,080 --> 00:01:28,680 Speaker 3: got to kind of like look at the individual retailer, right, 30 00:01:28,680 --> 00:01:32,319 Speaker 3: because they're just some that maybe their models changing a 31 00:01:32,480 --> 00:01:34,800 Speaker 3: challenging environment, you know, or there whatever. 32 00:01:34,920 --> 00:01:36,759 Speaker 1: But I mean the stocks down twenty eight percent year 33 00:01:36,760 --> 00:01:37,080 Speaker 1: to date. 34 00:01:37,240 --> 00:01:39,800 Speaker 4: Yeah, and also a pretty bad move move today as well, 35 00:01:39,880 --> 00:01:42,200 Speaker 4: five point seven percent today, was down as much as 36 00:01:42,240 --> 00:01:43,119 Speaker 4: eight point eight percent. 37 00:01:43,480 --> 00:01:45,440 Speaker 5: All right, Well, let's talk a little private equity because 38 00:01:45,440 --> 00:01:47,119 Speaker 5: I know KKR is on your radar today. 39 00:01:47,240 --> 00:01:49,480 Speaker 4: Yeah, some betteran news here for KKR. They got an 40 00:01:49,560 --> 00:01:52,920 Speaker 4: upgrade from Morgan Stanley. The firm moved it to overweight 41 00:01:52,960 --> 00:01:55,320 Speaker 4: from equal weight. They said that this is a good 42 00:01:55,360 --> 00:01:58,600 Speaker 4: way to play the expected recovery and capital market, so 43 00:01:58,840 --> 00:02:01,600 Speaker 4: investors really looking added to you know, the deal making 44 00:02:01,640 --> 00:02:04,720 Speaker 4: portion of the Trump agenda here, and they said that 45 00:02:04,800 --> 00:02:06,920 Speaker 4: it also has an attractive entry point right now. It's 46 00:02:06,960 --> 00:02:09,679 Speaker 4: been underperforming some of the other alternatives companies. 47 00:02:10,040 --> 00:02:11,560 Speaker 1: They raised their price target to. 48 00:02:11,600 --> 00:02:14,600 Speaker 4: One hundred and fifty dollars from one hundred and twenty dollars. 49 00:02:14,600 --> 00:02:16,880 Speaker 4: Shares closed yesterday about one hundred and twenty seven. 50 00:02:16,960 --> 00:02:18,880 Speaker 1: They just want deals to start happening exactly. 51 00:02:18,919 --> 00:02:21,120 Speaker 3: Everyone wants to deal ACU any private credit, like I 52 00:02:21,240 --> 00:02:25,079 Speaker 3: want things to you know, yeah, this. 53 00:02:25,040 --> 00:02:27,239 Speaker 4: Is obviously with you Toro today. That's kind of a 54 00:02:27,280 --> 00:02:29,240 Speaker 4: good start to what people are expecting. 55 00:02:29,520 --> 00:02:31,200 Speaker 6: We'll see some deals. I don't know what did they say, 56 00:02:31,200 --> 00:02:31,680 Speaker 6: A milk and. 57 00:02:31,639 --> 00:02:35,120 Speaker 1: Carol waiting, waiting waiting. 58 00:02:35,160 --> 00:02:36,720 Speaker 6: Okay, everybody's last week. 59 00:02:37,520 --> 00:02:39,519 Speaker 3: That was last week, last week, but it's one ip 60 00:02:39,680 --> 00:02:43,560 Speaker 3: out like we'll see, Like TVD jime said yesterday, they 61 00:02:43,560 --> 00:02:44,040 Speaker 3: were filing. 62 00:02:44,080 --> 00:02:44,960 Speaker 1: That's right, they did say. 63 00:02:45,080 --> 00:02:46,640 Speaker 6: Right HYM is going to be the ticker. 64 00:02:46,680 --> 00:02:48,680 Speaker 3: I think everybody's taking, you know, advantage of right a 65 00:02:48,720 --> 00:02:51,040 Speaker 3: market that's coming back. I will say that price target 66 00:02:51,080 --> 00:02:52,960 Speaker 3: bump up though, to one f. 67 00:02:53,320 --> 00:02:54,519 Speaker 4: Yeah, that's a pretty hefty one. 68 00:02:54,560 --> 00:02:57,720 Speaker 3: That's a pretty hefty one. That's some upside there. Let's 69 00:02:57,720 --> 00:03:00,959 Speaker 3: talk about Boeing staring thing. We've been talking a lot about. 70 00:03:00,919 --> 00:03:02,799 Speaker 1: What's you know, the news coming out of the Middle East. 71 00:03:02,960 --> 00:03:06,160 Speaker 4: Great great day for the company, a great year. Really, 72 00:03:06,200 --> 00:03:09,440 Speaker 4: they've been rebounding, a really good comeback for them. They 73 00:03:09,480 --> 00:03:12,320 Speaker 4: won an order from Qatar Airways amid a flurry of 74 00:03:12,320 --> 00:03:14,320 Speaker 4: deals between the Gulf nations and the US as the 75 00:03:14,360 --> 00:03:17,040 Speaker 4: President visits. The agreement is for the one hundred and 76 00:03:17,120 --> 00:03:20,000 Speaker 4: sixty aircraft. According to the White House, this is apparently 77 00:03:20,000 --> 00:03:23,080 Speaker 4: the largest order in the company's history, and it's also 78 00:03:23,200 --> 00:03:25,160 Speaker 4: a win for Boeing at a time that it has 79 00:03:25,200 --> 00:03:28,799 Speaker 4: been under pressure from delays for the latest Air Force 80 00:03:29,000 --> 00:03:32,720 Speaker 4: one presidential jets. So really positive here for Boeing, which 81 00:03:32,720 --> 00:03:34,280 Speaker 4: obviously has dealt with so many issues. 82 00:03:34,320 --> 00:03:35,680 Speaker 6: Fifty two week high today. 83 00:03:36,120 --> 00:03:38,240 Speaker 3: Yeah, but way off its highs of the day. I 84 00:03:38,280 --> 00:03:39,720 Speaker 3: mean it was up as much as three percent. Now 85 00:03:39,760 --> 00:03:40,880 Speaker 3: just up about half a percent. 86 00:03:41,320 --> 00:03:43,640 Speaker 4: It had been grappling, of course, with its seven thirty 87 00:03:43,640 --> 00:03:47,000 Speaker 4: seven jet issues being responsible for the crashes that. 88 00:03:47,000 --> 00:03:52,839 Speaker 2: Happened the Stock Mover's report from Bloomberg Radio. Check back 89 00:03:52,880 --> 00:03:55,120 Speaker 2: with us throughout the day for the latest roundup of 90 00:03:55,160 --> 00:03:58,440 Speaker 2: companies making news on Wall Street and for the latest 91 00:03:58,480 --> 00:04:02,680 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live Catch us 92 00:04:02,720 --> 00:04:06,440 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 93 00:04:06,480 --> 00:04:08,440 Speaker 2: Auto with the Bloomberg Business app.