1 00:00:02,520 --> 00:00:07,360 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 00:00:16,440 --> 00:00:18,200 Speaker 3: Now, let's look at some of the stocks on the 5 00:00:18,200 --> 00:00:20,640 Speaker 3: move today here in Europe. I'm Caroline Hepkin. I'm joined 6 00:00:20,680 --> 00:00:24,160 Speaker 3: by Bloomberg reporter Chloe Malay. Good morning, Chloe. So we've 7 00:00:24,160 --> 00:00:26,520 Speaker 3: got loads of earnings to choose from this morning. So 8 00:00:26,680 --> 00:00:29,760 Speaker 3: I like the fact that you've chosen an interesting group 9 00:00:29,800 --> 00:00:31,880 Speaker 3: of stocks to focus in on. Let's begin with an 10 00:00:31,880 --> 00:00:36,600 Speaker 3: Ova Nordisk trimming its forecast yesterday. But the good news 11 00:00:37,040 --> 00:00:40,680 Speaker 3: is about it's met Sarah bid. What's the latest there? 12 00:00:40,840 --> 00:00:44,760 Speaker 1: Yeah, absolutely, So a judge denied phisa's request to temporarily 13 00:00:44,760 --> 00:00:47,680 Speaker 1: block the ten billion dollar bid from an Ovnordisk to 14 00:00:47,760 --> 00:00:51,519 Speaker 1: buy the Obesit startup Mid Sarah. So the judge concluded 15 00:00:51,560 --> 00:00:55,280 Speaker 1: that PISA did not have legitimate complaints about novas at 16 00:00:55,280 --> 00:00:58,520 Speaker 1: efforts to outbid it. PISA actually did match the offer 17 00:00:58,520 --> 00:01:01,120 Speaker 1: for Mid Sarah, so it seems we are now on 18 00:01:01,200 --> 00:01:04,920 Speaker 1: track for a bidding. Water continues to escalate and although 19 00:01:04,920 --> 00:01:07,080 Speaker 1: there is no clarity yet on who might win out 20 00:01:07,640 --> 00:01:10,760 Speaker 1: it seems that Fires's attempts to block the offer. The 21 00:01:10,800 --> 00:01:13,200 Speaker 1: fact that those at Teremps have failed is positive for 22 00:01:13,280 --> 00:01:16,119 Speaker 1: Nova and Ordisk. There's another thing as well that might 23 00:01:16,160 --> 00:01:19,080 Speaker 1: have boosted the shares this morning for Novo. The Trump 24 00:01:19,080 --> 00:01:22,360 Speaker 1: administration is set to announce a deal with both Eli 25 00:01:22,400 --> 00:01:26,120 Speaker 1: Lilly and Novo on weight loss drug pricing. That's set 26 00:01:26,160 --> 00:01:29,520 Speaker 1: to come today according to CBS News at eleven am 27 00:01:29,640 --> 00:01:32,800 Speaker 1: in the US. So we'll be keeping an eye on 28 00:01:32,800 --> 00:01:34,920 Speaker 1: that as well. But it seems that the news on 29 00:01:34,959 --> 00:01:38,039 Speaker 1: this on the bid and the news on this weight 30 00:01:38,080 --> 00:01:41,880 Speaker 1: loss drug pricing deal seems to be quite received quite well, 31 00:01:42,440 --> 00:01:44,440 Speaker 1: and it has helped kind of erase some of the 32 00:01:44,480 --> 00:01:47,400 Speaker 1: losses that we saw yesterday after Nova had to trim 33 00:01:47,400 --> 00:01:49,280 Speaker 1: its forecast for the fourth time this year. 34 00:01:49,560 --> 00:01:52,200 Speaker 3: Yeah. Absolutely, I mean those weight loss drugs are just 35 00:01:52,480 --> 00:01:55,680 Speaker 3: absolutely commonplace now, Yeah, there really are. Although met Sarah 36 00:01:55,720 --> 00:01:58,919 Speaker 3: is only three years old, it's a business so incredible 37 00:01:58,960 --> 00:02:02,600 Speaker 3: really in terms of the speed of change. Now, let's 38 00:02:02,600 --> 00:02:07,840 Speaker 3: talk about Lagrangees down as its third quarter sales mis expectations. 39 00:02:08,160 --> 00:02:10,200 Speaker 3: This is the French industrial company. 40 00:02:10,400 --> 00:02:13,480 Speaker 1: Yeah, so it's a provider of electrical equipment and why 41 00:02:13,520 --> 00:02:15,240 Speaker 1: it's interesting is because it provides a lot of that 42 00:02:15,280 --> 00:02:18,760 Speaker 1: equipment to data centers, and the sales missed for the 43 00:02:18,800 --> 00:02:22,200 Speaker 1: third quarter because of the slowdown in that data center 44 00:02:22,440 --> 00:02:25,120 Speaker 1: n market. There had been really a massive boost for 45 00:02:25,240 --> 00:02:28,600 Speaker 1: that company over the last few quarters. So the company 46 00:02:28,639 --> 00:02:31,240 Speaker 1: kept its guidance, but analysts of flag that the fact 47 00:02:31,280 --> 00:02:33,920 Speaker 1: that it kept the guidance unchanged implies a slow down 48 00:02:34,160 --> 00:02:36,840 Speaker 1: in the sales growth in the fourth quarter, So some 49 00:02:36,919 --> 00:02:40,600 Speaker 1: analysts have called it a reality check, and some have 50 00:02:40,680 --> 00:02:43,440 Speaker 1: said that a boost to the outlook had been widely assumed, 51 00:02:43,480 --> 00:02:47,120 Speaker 1: which really explains this disappointment this morning. The fact that 52 00:02:47,120 --> 00:02:48,959 Speaker 1: there's a slow down in the data center and the 53 00:02:49,040 --> 00:02:51,760 Speaker 1: market is a real problem for La Grand because the 54 00:02:51,840 --> 00:02:54,320 Speaker 1: CEO had said that the entirety of the sales growth 55 00:02:54,320 --> 00:02:56,680 Speaker 1: in twenty twenty five so far has been driven by 56 00:02:56,760 --> 00:02:59,840 Speaker 1: data centers and the rest of the group. The residential 57 00:03:00,400 --> 00:03:03,280 Speaker 1: and non residential building and markets have been quite flat 58 00:03:03,320 --> 00:03:06,200 Speaker 1: and not very supportive, so it needs those data centers 59 00:03:06,200 --> 00:03:08,320 Speaker 1: to support growth, and if it looks like that is 60 00:03:08,360 --> 00:03:10,920 Speaker 1: weakening a little bit, that also spells out potentially some 61 00:03:10,960 --> 00:03:14,639 Speaker 1: bad news for the rest of that equipment of providing sector. 62 00:03:14,720 --> 00:03:18,000 Speaker 1: So Schneider Electric for example, although it did actually report 63 00:03:18,040 --> 00:03:21,639 Speaker 1: really strong sales growth last month, that doesn't bode well 64 00:03:21,639 --> 00:03:22,160 Speaker 1: for it either. 65 00:03:23,120 --> 00:03:27,240 Speaker 3: Okay, let's earn our attention to fashion and clothing. The 66 00:03:27,280 --> 00:03:32,120 Speaker 3: online retailer Zilando gaining after reporting its third quarter earnings. 67 00:03:32,240 --> 00:03:35,160 Speaker 1: Yeah, so third quarter sales came in ahead of expectations. 68 00:03:35,200 --> 00:03:37,840 Speaker 1: There actually was no upgrade to guidance and no beaternprofit, 69 00:03:37,920 --> 00:03:41,720 Speaker 1: so it was only that those sales that actually exceeded expectations. 70 00:03:41,760 --> 00:03:44,360 Speaker 1: But a lists have noted that that was enough to 71 00:03:44,360 --> 00:03:47,720 Speaker 1: make investors quite happy, and the shes did jump quite 72 00:03:47,760 --> 00:03:50,320 Speaker 1: a bit this morning. It also announced one hundred million 73 00:03:50,320 --> 00:03:53,120 Speaker 1: euro share by a Bag, so obviously that helped as well. 74 00:03:54,200 --> 00:03:57,480 Speaker 1: All of that is quite interesting for that wider online 75 00:03:57,520 --> 00:03:59,800 Speaker 1: retail sector. This is obviously a sector there has been 76 00:04:00,320 --> 00:04:03,720 Speaker 1: with growing competition from the likes of Shean and also 77 00:04:03,720 --> 00:04:07,360 Speaker 1: struggling with that softer consumer sentiment. So the fact that 78 00:04:07,560 --> 00:04:10,000 Speaker 1: sales are getting better that there seems to be that 79 00:04:10,040 --> 00:04:13,640 Speaker 1: boost there that is spelling probably quite good news as well. 80 00:04:13,640 --> 00:04:16,200 Speaker 1: We'll see how the rest of that sector does as 81 00:04:16,240 --> 00:04:19,920 Speaker 1: it continues to report, but Zealando up quite quite strongly 82 00:04:19,960 --> 00:04:20,960 Speaker 1: this morning on the back of that. 83 00:04:22,320 --> 00:04:26,320 Speaker 2: The stock movers report from Bloomberg Radio. 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