1 00:00:02,520 --> 00:00:08,720 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,720 --> 00:00:12,560 Speaker 2: Stock Movers Report, your roundup of companies making moves in 3 00:00:12,600 --> 00:00:16,320 Speaker 2: the stock market harnessing the power of Bloomberg data. 4 00:00:16,520 --> 00:00:18,079 Speaker 3: It's called the flu Paul Sweeney live here on a 5 00:00:18,079 --> 00:00:21,720 Speaker 3: Bloomberg Interactive Broker studio, streaming live on YouTube as well. 6 00:00:22,280 --> 00:00:24,840 Speaker 3: Boy Green on the screen. That's for sure. Let's take 7 00:00:24,840 --> 00:00:26,599 Speaker 3: a look at some of the stocks on the move today. 8 00:00:26,600 --> 00:00:28,720 Speaker 3: We're joined by Bloomberg Christina, you know, Christine, what are 9 00:00:28,720 --> 00:00:29,080 Speaker 3: you looking at? 10 00:00:29,280 --> 00:00:31,639 Speaker 1: Well, Paull, it's not just tech that is leading this 11 00:00:31,720 --> 00:00:33,960 Speaker 1: rally today. We have a rally in a lot of 12 00:00:33,960 --> 00:00:37,760 Speaker 1: other companies as well, including Bristol Myers so ticker bmy 13 00:00:37,840 --> 00:00:40,440 Speaker 1: Those shares are up more than four percent at the moment. 14 00:00:40,720 --> 00:00:44,920 Speaker 1: So interestingly, it's actually benefiting not necessarily from its own news, 15 00:00:44,960 --> 00:00:48,440 Speaker 1: but because of news from it's a competitor, Bear, but 16 00:00:48,680 --> 00:00:52,240 Speaker 1: has positive read across for this company. So Bear's experimental 17 00:00:52,280 --> 00:00:56,840 Speaker 1: stroke prevention drug saw some positive results in counter Fitzgerald 18 00:00:57,160 --> 00:01:02,160 Speaker 1: analyst saying that Bear's data supports confidence and bmise oh 19 00:01:02,280 --> 00:01:06,039 Speaker 1: in the program in secondary stroke prevention, and so very interesting, 20 00:01:06,200 --> 00:01:09,959 Speaker 1: especially because in the context of earlier declines earlier this 21 00:01:10,080 --> 00:01:15,600 Speaker 1: month because bmwy's most important experimental medicines appeared unlikely to 22 00:01:15,640 --> 00:01:18,680 Speaker 1: benefit patients who suffered a hard complication. So that was 23 00:01:18,720 --> 00:01:21,600 Speaker 1: a setback earlier this month. But now looks like they're 24 00:01:21,720 --> 00:01:26,920 Speaker 1: benefiting from this positive results from Bears, a stroke prevention drug. 25 00:01:27,040 --> 00:01:28,160 Speaker 1: So there you go, all. 26 00:01:28,080 --> 00:01:30,320 Speaker 2: Right, good stuff. Second stock you're watching. 27 00:01:30,040 --> 00:01:33,160 Speaker 1: We're looking at Cooper Companies today, So took her COO. 28 00:01:33,319 --> 00:01:36,200 Speaker 1: Those shares up just slightly h four tens of one 29 00:01:36,200 --> 00:01:39,119 Speaker 1: percent now, So Cooper Companies, it's a maker of medical 30 00:01:39,120 --> 00:01:42,080 Speaker 1: devices and surgical instruments, is getting a little bit of 31 00:01:42,200 --> 00:01:46,839 Speaker 1: activist action, actually, so investors. Branding West writing a letter 32 00:01:46,959 --> 00:01:50,600 Speaker 1: to its board saying that it's quote inadequate oversight, has 33 00:01:50,640 --> 00:01:53,960 Speaker 1: a lot of company to significantly underperform a mis financial guidance. 34 00:01:54,200 --> 00:01:59,200 Speaker 1: So apparently Branding West is recommending director candidates and is 35 00:01:59,360 --> 00:02:02,920 Speaker 1: urging the company need to pause any restructuring effort. So 36 00:02:03,080 --> 00:02:05,840 Speaker 1: clearly maybe something that could be weighing on a stock today. 37 00:02:05,880 --> 00:02:07,480 Speaker 1: That's why it's not rallying as much as the rest 38 00:02:07,480 --> 00:02:08,080 Speaker 1: of the complex. 39 00:02:08,639 --> 00:02:12,959 Speaker 3: All right, one more Warner Brothers, Discovery, Wonder Brothers, any news. 40 00:02:12,919 --> 00:02:15,720 Speaker 1: Hit, well, no news yet. The news is that there's 41 00:02:15,760 --> 00:02:19,600 Speaker 1: no news is evidently weighing on the stock today, so 42 00:02:19,760 --> 00:02:22,800 Speaker 1: ticker WVD those airs are down one point six percent. 43 00:02:23,120 --> 00:02:26,240 Speaker 1: We did get bids from Netflix, Comcast, Paramounts, Guide Dance, 44 00:02:26,320 --> 00:02:30,120 Speaker 1: all within the November twentieth deadline, but now investors are 45 00:02:30,280 --> 00:02:32,960 Speaker 1: really just wondering when are we get going to get 46 00:02:33,000 --> 00:02:35,679 Speaker 1: the news, because if they don't reach a deal, then 47 00:02:35,919 --> 00:02:38,960 Speaker 1: they just might just continue. It's their plan to separate 48 00:02:39,240 --> 00:02:41,679 Speaker 1: their cable networks from the rest of the businesses. They're 49 00:02:41,720 --> 00:02:45,120 Speaker 1: hoping to make a decision by Christmas, but doesn't seem like, 50 00:02:45,280 --> 00:02:47,720 Speaker 1: you know, we're getting anywhere close. I mean, the bids 51 00:02:47,720 --> 00:02:50,919 Speaker 1: are interesting, right, so Comcasts in Netflix primarily interested in 52 00:02:50,960 --> 00:02:53,800 Speaker 1: the film and TV library, and Paramount is willing to 53 00:02:53,800 --> 00:02:56,320 Speaker 1: buy the entire company. But I think the uncertainty just 54 00:02:56,360 --> 00:02:58,600 Speaker 1: really comes from the fact that this is potentially going 55 00:02:58,639 --> 00:03:01,600 Speaker 1: to be it's for owner in seven years, and so 56 00:03:01,680 --> 00:03:04,800 Speaker 1: you can imagine investors not really liking the lack of 57 00:03:05,160 --> 00:03:07,440 Speaker 1: certainty around its ownership moving forward. 58 00:03:08,639 --> 00:03:12,880 Speaker 2: The Stockmover's report from Bloomberg Radio. Check back with us 59 00:03:12,919 --> 00:03:15,720 Speaker 2: throughout the day for the latest roundup of companies making 60 00:03:15,800 --> 00:03:19,400 Speaker 2: news on Wall Street and for the latest market moving headlines. 61 00:03:19,600 --> 00:03:23,640 Speaker 2: Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg 62 00:03:23,680 --> 00:03:26,760 Speaker 2: dot com, and on Applecarplay and Android Auto with the 63 00:03:26,760 --> 00:03:28,160 Speaker 2: Bloomberg Business app.