WEBVTT -  Stock Movers: Delta, L3Harris, Travere (Podcast)  OMNY HEADLINE Delta Orders Dreamliner Jets; L3Harris Jumps on Pentagon Deal; Travere Slumps

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

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

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

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<v Speaker 1>That's two stock movers. This the podcast. You gotta start

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<v Speaker 1>with JP Morgan.

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<v Speaker 3>Right, No, no, we're not because it's not moving as much.

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<v Speaker 3>So we decided, you know what we're going, Jamie Morgan.

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<v Speaker 3>We're going to go to Delta Airlines because that is

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<v Speaker 3>moving and it's pretty actually saying the wrong direction. I

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<v Speaker 3>wanted to get some movers in here, so it's ticker

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<v Speaker 3>d AL. They're beefing up their fleet, right. They ordered

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<v Speaker 3>about thirty Boeing seven eighty seven Dreamliner jets. It's actually

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<v Speaker 3>the first ever purchase for that model for the company.

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<v Speaker 3>But here's the thing. It also reported a beat on

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<v Speaker 3>fourth court earnings, revenue rising to a record fifty eight

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<v Speaker 3>point three billion dollars. But the thing is it's annual

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<v Speaker 3>profit outlook it underwhelmed a DELSA said it It also

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<v Speaker 3>predict a free cash flow about three billion to four billion,

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<v Speaker 3>and that was less than the four point six million

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<v Speaker 3>that it pulled in last year, and that's why its

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<v Speaker 3>shares are lower. They've been down as much as six percent,

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<v Speaker 3>and then it's also dragging down shairs of American Airlines

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<v Speaker 3>and United on top of it. So that was Delta Airlines.

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<v Speaker 3>I want to move on to this company called L

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<v Speaker 3>three Harris Technologies as ticker LHS, their shares gaining thirteen percent.

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<v Speaker 3>The US Department Defense they basically set to invest in

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<v Speaker 3>the company's missile unit, a one billion dollar convertible preferred security.

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<v Speaker 3>They called it a first of its kind partnership. They

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<v Speaker 3>said it's going to increase capacity to build solid rocket

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<v Speaker 3>motors for US missiles. But I mean it came after

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<v Speaker 3>you know, Defense Secretary Peak Hegseth. He wants the speed innovation.

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<v Speaker 3>They've been talking about this really.

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<v Speaker 1>Really interesting potential transaction. A family member worked for EL

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<v Speaker 1>three Harris for a while and it's like wicked, sophisticated, secret, secret,

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<v Speaker 1>triple top secret stuff, you know.

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<v Speaker 2>Interesting.

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<v Speaker 3>But they they're using these tightening links though between the

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<v Speaker 3>government a major you know, defense contract.

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<v Speaker 1>It's a new thing.

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<v Speaker 3>Mockey Martin, we've seen it. Okay, last one. I'll do

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<v Speaker 3>a quick mention biotech firm Traverse Therapeutics tv TX. They're

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<v Speaker 3>slumping as much as twenty eight percent yet received a

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<v Speaker 3>request from the FDA. They want to clarify that clinical

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<v Speaker 3>benefit of its therapy it treats we are kidney disease

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<v Speaker 3>and answer saying, you know what, it could delay the

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<v Speaker 3>approval by the agency, So that's what they're worried about.

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

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<v Speaker 2>us throughout the day for the latest roundup of companies

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<v Speaker 2>making news on Wall Street and for the latest market

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<v Speaker 2>moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

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