1 00:00:02,520 --> 00:00:07,000 Speaker 1: Bloomberg Audio Studios, Podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,320 --> 00:00:20,040 Speaker 1: That's two stock movers. This the podcast. You gotta start 5 00:00:20,079 --> 00:00:20,960 Speaker 1: with JP Morgan. 6 00:00:21,079 --> 00:00:23,680 Speaker 3: Right, No, no, we're not because it's not moving as much. 7 00:00:23,720 --> 00:00:26,599 Speaker 3: So we decided, you know what we're going, Jamie Morgan. 8 00:00:26,880 --> 00:00:28,960 Speaker 3: We're going to go to Delta Airlines because that is 9 00:00:29,000 --> 00:00:31,680 Speaker 3: moving and it's pretty actually saying the wrong direction. I 10 00:00:31,760 --> 00:00:34,280 Speaker 3: wanted to get some movers in here, so it's ticker 11 00:00:34,360 --> 00:00:37,080 Speaker 3: d AL. They're beefing up their fleet, right. They ordered 12 00:00:37,120 --> 00:00:40,240 Speaker 3: about thirty Boeing seven eighty seven Dreamliner jets. It's actually 13 00:00:40,240 --> 00:00:42,640 Speaker 3: the first ever purchase for that model for the company. 14 00:00:42,880 --> 00:00:45,120 Speaker 3: But here's the thing. It also reported a beat on 15 00:00:45,120 --> 00:00:47,839 Speaker 3: fourth court earnings, revenue rising to a record fifty eight 16 00:00:47,920 --> 00:00:51,120 Speaker 3: point three billion dollars. But the thing is it's annual 17 00:00:51,159 --> 00:00:54,600 Speaker 3: profit outlook it underwhelmed a DELSA said it It also 18 00:00:54,880 --> 00:00:57,520 Speaker 3: predict a free cash flow about three billion to four billion, 19 00:00:57,560 --> 00:01:00,240 Speaker 3: and that was less than the four point six million 20 00:01:00,280 --> 00:01:02,720 Speaker 3: that it pulled in last year, and that's why its 21 00:01:02,720 --> 00:01:05,120 Speaker 3: shares are lower. They've been down as much as six percent, 22 00:01:05,440 --> 00:01:07,920 Speaker 3: and then it's also dragging down shairs of American Airlines 23 00:01:07,959 --> 00:01:11,280 Speaker 3: and United on top of it. So that was Delta Airlines. 24 00:01:11,319 --> 00:01:12,840 Speaker 3: I want to move on to this company called L 25 00:01:12,880 --> 00:01:18,200 Speaker 3: three Harris Technologies as ticker LHS, their shares gaining thirteen percent. 26 00:01:18,720 --> 00:01:21,200 Speaker 3: The US Department Defense they basically set to invest in 27 00:01:21,280 --> 00:01:24,920 Speaker 3: the company's missile unit, a one billion dollar convertible preferred security. 28 00:01:25,440 --> 00:01:27,760 Speaker 3: They called it a first of its kind partnership. They 29 00:01:27,760 --> 00:01:30,560 Speaker 3: said it's going to increase capacity to build solid rocket 30 00:01:30,560 --> 00:01:33,240 Speaker 3: motors for US missiles. But I mean it came after 31 00:01:33,319 --> 00:01:36,520 Speaker 3: you know, Defense Secretary Peak Hegseth. He wants the speed innovation. 32 00:01:36,600 --> 00:01:38,400 Speaker 3: They've been talking about this really. 33 00:01:38,240 --> 00:01:43,160 Speaker 1: Really interesting potential transaction. A family member worked for EL 34 00:01:43,200 --> 00:01:48,120 Speaker 1: three Harris for a while and it's like wicked, sophisticated, secret, secret, 35 00:01:48,120 --> 00:01:50,280 Speaker 1: triple top secret stuff, you know. 36 00:01:50,760 --> 00:01:51,280 Speaker 2: Interesting. 37 00:01:51,320 --> 00:01:54,600 Speaker 3: But they they're using these tightening links though between the 38 00:01:54,640 --> 00:01:56,480 Speaker 3: government a major you know, defense contract. 39 00:01:56,560 --> 00:01:57,200 Speaker 1: It's a new thing. 40 00:01:57,920 --> 00:02:00,600 Speaker 3: Mockey Martin, we've seen it. Okay, last one. I'll do 41 00:02:00,640 --> 00:02:04,880 Speaker 3: a quick mention biotech firm Traverse Therapeutics tv TX. They're 42 00:02:04,880 --> 00:02:08,640 Speaker 3: slumping as much as twenty eight percent yet received a 43 00:02:08,680 --> 00:02:10,800 Speaker 3: request from the FDA. They want to clarify that clinical 44 00:02:10,800 --> 00:02:13,359 Speaker 3: benefit of its therapy it treats we are kidney disease 45 00:02:13,400 --> 00:02:15,800 Speaker 3: and answer saying, you know what, it could delay the 46 00:02:15,880 --> 00:02:18,440 Speaker 3: approval by the agency, So that's what they're worried about. 47 00:02:19,360 --> 00:02:23,360 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 48 00:02:23,440 --> 00:02:26,040 Speaker 2: us throughout the day for the latest roundup of companies 49 00:02:26,120 --> 00:02:29,200 Speaker 2: making news on Wall Street and for the latest market 50 00:02:29,240 --> 00:02:33,720 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 51 00:02:33,800 --> 00:02:37,280 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 52 00:02:37,360 --> 00:02:38,840 Speaker 2: the Bloomberg Business app.