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 3: I'm Carol Masser along with Tim Stanwick. Let's get you
Speaker 3: some stocks on the move today. We're joined by Bloomberg
Speaker 3: News Earning specialist Rachel Pua. She is here in our
Speaker 3: Bloomberg Interactive Broker's studio. All Right, stocks on the move,
Speaker 3: what's your first stock? Yeah, so, I think this is
Speaker 3: the one that's been talked about quite a bit, but
Speaker 3: Lockheat Monton. You know, it's one of the companies that
Speaker 3: has had a quite a pretty tumultous week. But it
Speaker 3: shares kind of up today. And you know this is
Speaker 3: because we saw that Trump said on True Social that
Speaker 3: he wants to raise the US defense budget to one
Speaker 3: point five trillion dollars, which is almost one and a
Speaker 3: half times this years budget. Out of defense companies are
Speaker 3: also kind of seeing a similar trajectory with your shares.
Speaker 3: Just yesterday, the stocks also tumbled when Trump said that
Speaker 3: he wanted to stop them from issuing dividends and doing buybacks.
Speaker 3: So it's been quite a week forsa quite twenty four
Speaker 3: hours for these companies.
Speaker 1: The week's not over.
Speaker 3: Tough to be a defense company in the last twenty
Speaker 3: four hours, or is it?
Speaker 1: I don't know, I don't know. You know what's funny
Speaker 1: is that the five a five million dollar that would
Speaker 1: be the limit for the executive pay is what it
Speaker 1: was was talked about.
Speaker 3: Look like CEO compensation.
Speaker 1: It exceeds in a lot of cases. And I'm not
Speaker 1: talking about just the defense company specifically, but publicly traded
Speaker 1: CEO salaries in general are pretty high.
Speaker 2: So what do you think.
Speaker 1: I think a lot of people would say.
Speaker 3: Do you think he meant salary? Do you think he
Speaker 3: meant options?
Speaker 1: Do you think he meant the do you mean total compensation?
Speaker 2: Little? Who is this?
Speaker 1: The irs?
Speaker 2: Asking?
Speaker 1: Like?
Speaker 2: Right?
Speaker 3: The devil in the details right now?
Speaker 1: You know, we talk.
Speaker 3: About income versus you.
Speaker 1: Know, that's why so much of it is. Okay, Well,
Speaker 1: this is a different conversation time to you. Let's talk
Speaker 1: about alcohol.
Speaker 3: Yeah yeah, So Constellation rands this is the company that
Speaker 3: makes your modellos and coronas. This is ticket stz. So
Speaker 3: Constellation shares rose to a more than five year high
Speaker 3: early this morning. Orthough later on, you know some investors
Speaker 3: kind of turn cautious and during the earnings call, but
Speaker 3: just overall, you know, investors are happy that Constellation results
Speaker 3: beat estimates and actually maintain its forecasts. Things haven't been
Speaker 3: easy for the company. Your people, especially younger ones, avoiding alcohol,
Speaker 3: and you know, the company still kind of noted that
Speaker 3: tariffs are you know, affecting costs and Hispanic customers, which
Speaker 3: Constellation in particular relies a lot on spending less on
Speaker 3: their drinks because they're worried about economy and audi and.
Speaker 2: People aren't drinking.
Speaker 1: Didn't we have a guest on, well, we were talking
Speaker 1: about this in the context of dry January. Yeah, and
Speaker 1: we had a Bloomberg BusinessWeek story about Dry January that
Speaker 1: talked about how the portion of adults that are saying
Speaker 1: that they're drinking is the lowest sense I think it
Speaker 1: was the Pew started monitoring their data.
Speaker 3: People are just not drinking. I know a lot of
Speaker 3: people who don't drink.
Speaker 1: But we did. We did have a guest on in
Speaker 1: December with David Yeah, who said that as these young
Speaker 1: people get older, maybe they'll start drinking.
Speaker 3: Were getting no, right, No, no, I'm just kidding, Yeah, Mark, Yeah,
Speaker 3: which if you missed that interview.
Speaker 2: Check it out on our podcast feed. It was pretty cool.
Speaker 3: The Gap shares up today, another piece of corporate good news,
Speaker 3: I guess so you know shares are also up today
Speaker 3: and this was after Ubs upgraded at the rating of
Speaker 3: Gap to buy and reseed. Our price target usually thinks
Speaker 3: that Gap sales and profits will benefit from their growing
Speaker 3: beauty and handbag business as well as there's leisure Brent Athleta,
Speaker 3: and you know, they think that Gap and the Old
Speaker 3: Navy had a strong holiday season. And all of this
Speaker 3: just means that the company went up increasing buybacks and
Speaker 3: there's good news for shareholders.
Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,
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