Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.
Speaker 2: The Stock Movers Report, your roundup of companies making moves
Speaker 2: in the stock market, harnessing the power of Bloomberg Data.
Speaker 1: That's two stock movers. This the podcast. You gotta start
Speaker 1: with JP Morgan.
Speaker 3: Right, No, no, we're not because it's not moving as much.
Speaker 3: So we decided, you know what we're going, Jamie Morgan.
Speaker 3: We're going to go to Delta Airlines because that is
Speaker 3: moving and it's pretty actually saying the wrong direction. I
Speaker 3: wanted to get some movers in here, so it's ticker
Speaker 3: d AL. They're beefing up their fleet, right. They ordered
Speaker 3: about thirty Boeing seven eighty seven Dreamliner jets. It's actually
Speaker 3: the first ever purchase for that model for the company.
Speaker 3: But here's the thing. It also reported a beat on
Speaker 3: fourth court earnings, revenue rising to a record fifty eight
Speaker 3: point three billion dollars. But the thing is it's annual
Speaker 3: profit outlook it underwhelmed a DELSA said it It also
Speaker 3: predict a free cash flow about three billion to four billion,
Speaker 3: and that was less than the four point six million
Speaker 3: that it pulled in last year, and that's why its
Speaker 3: shares are lower. They've been down as much as six percent,
Speaker 3: and then it's also dragging down shairs of American Airlines
Speaker 3: and United on top of it. So that was Delta Airlines.
Speaker 3: I want to move on to this company called L
Speaker 3: three Harris Technologies as ticker LHS, their shares gaining thirteen percent.
Speaker 3: The US Department Defense they basically set to invest in
Speaker 3: the company's missile unit, a one billion dollar convertible preferred security.
Speaker 3: They called it a first of its kind partnership. They
Speaker 3: said it's going to increase capacity to build solid rocket
Speaker 3: motors for US missiles. But I mean it came after
Speaker 3: you know, Defense Secretary Peak Hegseth. He wants the speed innovation.
Speaker 3: They've been talking about this really.
Speaker 1: Really interesting potential transaction. A family member worked for EL
Speaker 1: three Harris for a while and it's like wicked, sophisticated, secret, secret,
Speaker 1: triple top secret stuff, you know.
Speaker 2: Interesting.
Speaker 3: But they they're using these tightening links though between the
Speaker 3: government a major you know, defense contract.
Speaker 1: It's a new thing.
Speaker 3: Mockey Martin, we've seen it. Okay, last one. I'll do
Speaker 3: a quick mention biotech firm Traverse Therapeutics tv TX. They're
Speaker 3: slumping as much as twenty eight percent yet received a
Speaker 3: request from the FDA. They want to clarify that clinical
Speaker 3: benefit of its therapy it treats we are kidney disease
Speaker 3: and answer saying, you know what, it could delay the
Speaker 3: approval by the agency, So that's what they're worried about.
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Speaker 2: making news on Wall Street and for the latest market
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