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Speaker 1: Bloomberg Audio Studios, podcasts, radio news.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Let's look at some of the stocks on the move

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Speaker 3: today here in Europe. I'm Caroline Hepkar with Tom McKenzie.

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Speaker 3: How were joined by Bloomberg's Equities reporter Joe Eastern. Good morning, Ubisoft.

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Speaker 3: Are they at risk of a game over wipeout?

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Speaker 1: I think it might be game over, Yeah, game game

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Speaker 1: game time running out, So you Ubisoft? Now this on

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Speaker 1: absolutely cratering here in Europe today, down nineteen percent. Looks

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Speaker 1: like it is going into a trading whole dute volatility currently,

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Speaker 1: the company warning of flat sales for the new fiscal

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Speaker 1: year and delaying some of its latest games. This is

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Speaker 1: a company that's behind Assassin's Creed is their big title,

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Speaker 1: and they're saying that they're not going to have any

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Speaker 1: high end games which are known as Triple A games

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Speaker 1: coming out in the year ahead at all, and therefore

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Speaker 1: that's going to hit their profit unsurprisingly also their cash

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Speaker 1: flow as well, and therefore that stock really slammed us

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Speaker 1: down around sixty percent over the past a year. That

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Speaker 1: stock's really a huge drop. But I think some of

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Speaker 1: us we're waiting for the Grand Theft Auto game that's

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Speaker 1: going to be coming out next Jim, this is the

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Speaker 1: latest one. We've been waiting around a decade for that game.

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Speaker 1: But it's weird, clearly, very much, Yeah, very much. Me

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Speaker 1: and my brother, we've been there waiting for it for

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Speaker 1: a long time. But you've be soft leading the game.

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Speaker 4: Stock clever, okay to a very different space. The industrial

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Speaker 4: giant German industrial rant Semens with that touch point of course,

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Speaker 4: across the global economy, trade tensions, China earnings out today,

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Speaker 4: anything electrifying in those numbers show.

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Speaker 1: Well, letting off a bit of a spark, maybe, I no,

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Speaker 1: so Semen's actually disappointing. So this stock down three percent

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Speaker 1: at the moment. The numbers actually looked okay in terms

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Speaker 1: of the electrification business doing pretty well. So this is

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Speaker 1: the electricity supply to data centers and that big boom

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Speaker 1: that we've seen in a from that. And also they're

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Speaker 1: smart infrastructure units, so a lot of that is in

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Speaker 1: automated warehouse and other kind of automation stuff. Looking pretty solid.

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Speaker 1: But that stock has been trading at a record High recently,

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Speaker 1: so despite them reporting a twenty nine percent jump in

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Speaker 1: new business profit, the stock actually down three percent at

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Speaker 1: the moment, trimming the year to date gain on that

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Speaker 1: one to around fifteen percent. So it's kind of story

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Speaker 1: where the stock's done well and people taking a few profits.

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Speaker 3: Okay to trainers, talk of a retail deal in the

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Speaker 3: US is actually helping the UK High Street here, I

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Speaker 3: don't quite get this why this is about Footlocker.

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Speaker 1: Yes, so this is big news in terms of sports

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Speaker 1: retail over in US. Dick Sporting Goods in advanced talks

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Speaker 1: to buy Footlocker. That is a deal that could be

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Speaker 1: worth a couple of billion dollars, so it is kind

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Speaker 1: of in the MidCap range. However, that does have a

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Speaker 1: across for JD Sports because JD Sports has spent a

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Speaker 1: lot of time and a lot of money repositioning in

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Speaker 1: the US doing some deals over there. It's the biggest

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Speaker 1: partner of Nike over in the US. Nike in terms

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Speaker 1: of the big the trainer maker. So therefore we're seeing

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Speaker 1: JD Sports gaining today this kind of speculation. I guess

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Speaker 1: that if Footlockers being bought out, could JD be the

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Speaker 1: next one JD up around three and a half percent

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Speaker 1: of the moment. Doesn't sound like a big move, but

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Speaker 1: bear in mind most stocks are actually lower today's that

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Speaker 1: is a significant outformer. How the opener trading It was

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Speaker 1: the best performing stock on the Stockshure of six hundred,

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Speaker 1: so the footlocker takeover feeding through here into London.

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Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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Speaker 2: making news on Wall Street and for the latest market

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