WEBVTT - Ryanair Down, Danone Slides, Spire Jumps 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The.

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>Let's take a look at some of the stocks on

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<v Speaker 1>the move today in Europe. I'm Lizzie Bernin in London

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<v Speaker 1>with Stephen Carroll in Brussels, and we're joined by Bloomberg

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<v Speaker 1>reporter Chloe Melly.

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<v Speaker 3>Chloe, let's start with Ryanair.

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<v Speaker 1>I spoke to the CFO earlier this morning and things

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<v Speaker 1>were looking up for them then for the share price

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<v Speaker 1>now not exactly jetting away.

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<v Speaker 4>No, absolutely, Ryana raised guidance for passonage growth and fair

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<v Speaker 4>so that explains why the cf IT was probably quite

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<v Speaker 4>happy this morning, and that was thanks to a really

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<v Speaker 4>strong travel demand and also a good progress being made

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<v Speaker 4>on Boeing deliveries. So that was an area of quite

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<v Speaker 4>a lot of frustration over the last year, but that's

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<v Speaker 4>now getting a lot better. But Chaz did fall little,

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<v Speaker 4>as you mentioned this morning, because analysts are seeing this

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<v Speaker 4>outlook is perhaps quite cautious, quite concerned, avative, but they

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<v Speaker 4>did say that this is not really a massive course

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<v Speaker 4>for concern and even with a little bit of weakness

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<v Speaker 4>in the share price.

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<v Speaker 3>Ryana is still way ahead.

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<v Speaker 4>Of low cost rivals like Wizz and easy Jets, so

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<v Speaker 4>it's on it's on a pretty good standing even despite this.

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<v Speaker 3>This is a little bit of weakness this morning.

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<v Speaker 4>And also the results just come a few days after

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<v Speaker 4>the spat between.

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<v Speaker 3>The CEO and Michael O'Leary and Elon.

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<v Speaker 4>Musk which was over the starling Wi Fi service from

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<v Speaker 4>SpaceX and Ryan I said that it helped bookings thanks

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<v Speaker 4>to a little bit more publicity, and the CFO today

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<v Speaker 4>reiterated that the airline does not want, does not want

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<v Speaker 4>what that Wi Fi service because of the cost of

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<v Speaker 4>installation being quite high and also passengers not wanting to

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<v Speaker 4>pay for Wi Fi on those really short flights, which

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<v Speaker 4>I completely agree with you.

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<v Speaker 1>Colleen must a big idiot when I was speaking to him.

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<v Speaker 1>It helped the bookings.

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<v Speaker 2>We're going to turn now to the some stocks in

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<v Speaker 2>France a crisis an infant formula following dun Own's recall

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<v Speaker 2>of some infant formula batches.

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<v Speaker 3>We've got several shares under pressure there. Yeah, so dan On,

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<v Speaker 3>but also Nestle and Group Blackedlist.

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<v Speaker 4>All of those companies are caught in the middle of

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<v Speaker 4>this infant formula crisis, and this actually.

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<v Speaker 3>Started with Nesley.

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<v Speaker 4>But now we have those other two down On and

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<v Speaker 4>Group lacked lists pulling products but that are potentially contaminated

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<v Speaker 4>with a toxin, and that is related to an international supply,

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<v Speaker 4>and that's affecting a lot of different markets of different countries.

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<v Speaker 4>And don On is particularly under pressure today because it

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<v Speaker 4>expanded a recall of some of those batches infant formula

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<v Speaker 4>batches to more European markets lit on Friday, and it

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<v Speaker 4>said that it was due to changing standards from regulators,

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<v Speaker 4>and it reiterated that its products were safe and that

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<v Speaker 4>the recall was a completely precautionary measure.

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<v Speaker 3>But we are seeing those shares.

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<v Speaker 4>Are down this morning, and a lot of those other

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<v Speaker 4>stocks as well, and wreck It was also down. Group

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<v Speaker 4>Blacklist was also down, and Nestley is not down as much,

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<v Speaker 4>but it's actually the company that is the worst affected.

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<v Speaker 4>It had to pour products from in shells from more

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<v Speaker 4>than sixty countries and an unalyst at Barclay said that

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<v Speaker 4>the cost Denon could be up to one hundred million euros,

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<v Speaker 4>but that the financial damage for Nesla could actually be

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<v Speaker 4>ten times higher and so Obviously, this quite a lot

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<v Speaker 4>of questions about control standards, quality standards, investments in production sites,

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<v Speaker 4>and so this is going to be a story to

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<v Speaker 4>follow as those companies also report in the next few weeks.

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<v Speaker 1>Okay and Corey, I hate to leave things on a

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<v Speaker 1>sour note, but it looks like we could have another

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<v Speaker 1>London Stock Exchange exit, some pee names swirling around Spire Healthcare.

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<v Speaker 1>How's the market reacting.

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<v Speaker 4>Well, the malk is reacting very positively for Spire Healthcare.

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<v Speaker 4>Shares actually started this morning because of that potential private

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<v Speaker 4>equity deal and the talks are still preliminary.

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<v Speaker 3>They are still potentially other suitors.

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<v Speaker 4>But this is actually sometime in the making for Spire

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<v Speaker 4>Healthcare because back in September it confirmed it was working

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<v Speaker 4>with Rothschild and exploring some options, including a potential sale.

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<v Speaker 4>And right now the bid comes at a time of

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<v Speaker 4>quite a weakness for Spuire Healthcare. It had a massive

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<v Speaker 4>profit warning back in December and that had really sent

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<v Speaker 4>the shares plunging. But if the deal happens, it might

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<v Speaker 4>be great for shareholders, but as you say, it might

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<v Speaker 4>be another big loss for the London Stock Exchange. Within

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<v Speaker 4>that same sect of kind of healthcare real estate. We

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<v Speaker 4>had Asura last year which was bought by by Primary

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<v Speaker 4>Health Properties, and that was after quite a long takeover

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<v Speaker 4>battle that involved another private equity firm, KKI if we remember.

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<v Speaker 4>So we have that private equity swirling in that potential

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<v Speaker 4>another big loss for the London Stock Exchange, so that'll

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<v Speaker 4>be something to look out for as well.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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