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: Let's have a look at some of the stocks on
Speaker 3: the move today here in Europe. I'm Caroline Hepgar with
Speaker 3: Stephen Carroll. We're joined by Bloomberg with portacloone Malay, good morning.
Speaker 1: Good morning.
Speaker 3: So investors are concerned about the war in Iran, but
Speaker 3: there and that means that overall European stocks it looks
Speaker 3: like they're down this morning, but there are also individual
Speaker 3: stories that we should unpack. The Swedish media company via
Speaker 3: Play some take private interest, tell us more.
Speaker 1: Yeah, So, via Play is a Swedish streaming company. It
Speaker 1: operates primarily in Nordic countries, and Kenelplus and PPF Group,
Speaker 1: WHI you are already part owners of that company are
Speaker 1: said to be considering a deal to take it private.
Speaker 1: So they're essentially exploring buying the chares in via Play
Speaker 1: that they don't already own, which because they acquired stakes
Speaker 1: are back in twenty twenty three, and that has really
Speaker 1: boosted the via Play shares today they rose about twelve
Speaker 1: percent on that news of this potential taking private interests
Speaker 1: and so for anless this potential deal would align really
Speaker 1: well with Canal Plus's goals of getting into some international
Speaker 1: M and A, which has been doing a little bit recently.
Speaker 1: It also could mean that via Play could be maybe
Speaker 1: restructured in quite drastic ways because they wouldn't be that
Speaker 1: scrutiny that comes with those public markets. And Alice have
Speaker 1: also said that the takeover costs look quite manageable, so
Speaker 1: overall it does look like it could be a good deal.
Speaker 1: At the same time, it comes at an interesting moment
Speaker 1: for Canal Plus because it was just downgraded just two
Speaker 1: days ago, i think by UBS because of another deal.
Speaker 1: In the uncertainty that comes with this deal. So it
Speaker 1: recently acquired the South African TV service Multi Choice, and
Speaker 1: some analysts have said that this actually will bring maybe
Speaker 1: more on sch than reward. So there seems to be
Speaker 1: maybe quite a few juggling plates for Canautplus at the moment.
Speaker 1: But this via Play potential deal is being received quite well.
Speaker 2: Okay, and on to trust Pilot next. Some positive reviews.
Speaker 1: Yeah, very interesting from trust Pilot this morning. So for context,
Speaker 1: that was one of the companies that was caught in
Speaker 1: this big AI sell off that we were talking about
Speaker 1: a lot in recent weeks, but it's really tried to
Speaker 1: position itself as an AI winner and that was really
Speaker 1: the theme of the release today, the earnings today, and
Speaker 1: also the discussion that I had with the CEO, Adrian
Speaker 1: Blair this morning. So he told me that he really
Speaker 1: wanted to get some partnerships going with major e commerce
Speaker 1: players where essentially the data from trust Pilot reviews could
Speaker 1: be used by AI agents and inform that work. Essentially,
Speaker 1: he refused to say any more about those potential deals,
Speaker 1: but we'll have to keep eyes appealed for that. And
Speaker 1: then another big thing that was coming today from trust
Speaker 1: Pilot is that it expects margin to double from fifteen
Speaker 1: to thirty percent by twenty thirty and that, according to
Speaker 1: the CEO, will also be driven in really large part
Speaker 1: by those AR opportunities AI efficiencies. It is really benefiting
Speaker 1: from those large language models using this trust Pilot A data.
Speaker 1: And so there was a lot of optimism from the
Speaker 1: company and the CEO this morning, and it seems the
Speaker 1: market actually does believe that trust Pilot can be an
Speaker 1: AI winner in that way.
Speaker 3: Okay, that's interesting. But we go back to the energy
Speaker 3: story with our last stock, which is the finished energy
Speaker 3: company NESTY. New research out.
Speaker 1: Yeah, so, well, it's a good time to be producing
Speaker 1: it and refining fuels given all the geopolitical disruption that
Speaker 1: is happening, and so according to Barclay's analyst, NESTY is
Speaker 1: well positioned to benefit. They said that higher refining margins
Speaker 1: for fossil fuels will lead to better cash flow. And
Speaker 1: then also crucially, although it is an oil refining company,
Speaker 1: and NESTY has also been increasingly a leader in renewable
Speaker 1: fuel and sustainable aviation fuel as well, and so that
Speaker 1: is also set to be a big tailwind, and Lissa
Speaker 1: saying that the demand for renewable diesel is set to
Speaker 1: grow about thirty five percent this year globally, and the
Speaker 1: transport sector is going to want more of that domestically
Speaker 1: produced energy sources. It fits within this whole theme of
Speaker 1: energy security energy independence, and so that has driven those
Speaker 1: shares high this morning. Finesse as well.
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