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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: Listen a little stock Movers here. Why not? John Tucker's

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Speaker 3: in the house. It's a podcast, John, What do you

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Speaker 3: have for us?

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Speaker 1: We got to start here. It was only a few

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Speaker 1: days ago that they topped ups in terms of marketcap.

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Speaker 1: But we're talking FedEx. And the part that I found

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Speaker 1: kind of surprising here is that they said, basically, there's

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Speaker 1: no material impact from the war in the Mid East.

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Speaker 1: But anyway, the stock for FedEx, it's advanced about twenty

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Speaker 1: three percent this year through yesterday's closed. They say adjusted

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Speaker 1: earning is going to be nineteen dollars thirty cents to

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Speaker 1: twenty dollars ten cents of share for the fiscal year.

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Speaker 1: That's up from no more than nineteen dollars under the

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Speaker 1: previous guidance. The company has been undergoing something a broad overhaul.

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Speaker 1: They've been combining the express air freight and the ground

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Speaker 1: delivery networks. They're often seen, I mean you mentioned this

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Speaker 1: before as an economic bill weather. It's business spans a

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Speaker 1: pretty wide swath of the industries and consumers around the world. Now.

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Speaker 1: The CEO there rush Supermani and asshured Wall Street that

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Speaker 1: FedEx his own performance was pretty steady. He said all

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Speaker 1: the conference call that demand trends fundamentally remain unchanged heading

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Speaker 1: into their fiscal fourth quarter, and the first two weeks

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Speaker 1: in March essentially have been in line with the expectations.

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Speaker 1: The company also said the plants spin off of the

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Speaker 1: freight unit that does remain on track for the month

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Speaker 1: of June at this point, and tariffs also remain another

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Speaker 1: major unknown for the company. They also are among companies

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Speaker 1: that are suing to get refunds for the tariffs. And

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Speaker 1: that is like, that's quite a mess because you're recalled

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Speaker 1: the smart quarter. Hour didn't address whether or not they

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Speaker 1: could get refunds. That's to the judge in Lower Manhattan

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Speaker 1: at the Trade court, and he's taking no prisoners.

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Speaker 3: So these companies get refunds. Do the consumers get a refund?

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Speaker 1: You for the Lisa, get your out of the clouds?

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Speaker 1: You know them, here's our next stock, you know them?

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Speaker 1: For Hellman's Mayonnaise. Unilever in talks to sell it's food

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Speaker 1: business to McCormick. The spice people. So I'm imagining at

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Speaker 1: this point nutmeg flavored mayonnaise.

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Speaker 3: Oh, don't say it anyway.

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Speaker 1: It would be what we were, the biggest overhaul of

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Speaker 1: the company since it was founded about a century ago.

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Speaker 1: Unilever said this morning they received an offer from the

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Speaker 1: spices and seasons maker McCormick's based in Maryland, but there's

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Speaker 1: no certainty a deal maybe achieved. Any sale would mark

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Speaker 1: the biggest transaction in the history of McCormick which is

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Speaker 1: really just a fraction of the size of Unilever. No

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Speaker 1: details on how any deal would be financed. A Unilever's

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Speaker 1: food unit has a potential equity value, at least according

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Speaker 1: to Bloomberg Intelligence, of around thirty three billion dollars. It

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Speaker 1: would mark the end of Unilever competing with big food

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Speaker 1: rivals like Craft Tignes. The CEO there, Fernando Fernandez. What

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Speaker 1: a great name. He's made it clear that food is

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Speaker 1: no longer his main focus. He sees beauty, personal care

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Speaker 1: and well being. As for Unilever's product the keys to

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Speaker 1: future growth, Lisa, what has well being?

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Speaker 3: It's a big market, John Tucker, all the beauty products?

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Speaker 3: Are you kidding me? All right? So Joughter has a

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Speaker 3: draw full of them that I can.

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Speaker 1: Tell me about it. Finally, the satellite company Planet Labs,

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Speaker 1: this is a Google partner, delivering record revenue for its

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Speaker 1: latest fiscal year, reflecting growing demand for satellite imagery. The

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Speaker 1: company says revenue for the quarter that end of January

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Speaker 1: a record eighty six point eight million dollars. Planet Labs

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Speaker 1: also said at the end of the year with a

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Speaker 1: nine hundred million dollar backlog, that's a pretty big jump

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Speaker 1: relative to the prior fiscal year. Earlier this week, Planet

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Speaker 1: Labs said it would work with nvidion Ways to adopt

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Speaker 1: graphic processing units for use in imaging processing. Planet Labs

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Speaker 1: plans to integrate its GPUs the next generation Pelican satellites

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Speaker 1: and OWL constellation. I mean, who knew satellite imagery is

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Speaker 1: like the thing I know.

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Speaker 3: I know back in the nineties when sending out sending

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Speaker 3: up private satellites was actually kind of a cool thing.

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Speaker 3: They would invite US Wall Street people down to French

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Speaker 3: Giana to witness satellite launches.

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Speaker 1: It was totally little launch.

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Speaker 3: We got out like a new hour, like a fifteen

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Speaker 3: hour flight, you know, go out and island crazy for

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Speaker 3: a couple of days and then watch this thing go

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Speaker 3: up and fly home. And that's what we did with it. Yeah,

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Speaker 3: that's that's what it was.

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Speaker 1: Big.

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Speaker 2: This 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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