Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market,
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some stocks on the move today.
Speaker 2: I'm Tom Keen with Paul Sweeney and Bloomberg's Lisa Matteo.
Speaker 3: All right, I want to start with deer ticker Dee,
Speaker 3: you know, the maker of those iconic green yellow tractors.
Speaker 3: All right, so their shares have been down as much
Speaker 3: as six percent. It was a miss first profit outlook
Speaker 3: for the year ahead. A lot of uncertainty about the
Speaker 3: timing of recovery for the US farm economy. Farmers, you know,
Speaker 3: they've been hit by low crop prices, President Trump's tariffs.
Speaker 3: I mean, there was a recent deal between the US
Speaker 3: and China to boost these shipments of American crops to Asia,
Speaker 3: but there's still a lot of questions on whether the
Speaker 3: sales are going to be enough. There was a bright
Speaker 3: spot though, the company reported increased fourth quarter sales due
Speaker 3: to hire shipments and prices, but operating profit decrease goes
Speaker 3: that and it was tangible. Yeah, I looked at it.
Speaker 2: It's like a real slow down.
Speaker 3: It is, it is, and it's concerning because of the
Speaker 3: farm economy has been taking such a hit.
Speaker 1: Paul.
Speaker 2: One of the surprises here is we haven't seen the
Speaker 2: president with the obligatory farm salvation.
Speaker 4: No. No, it happened, and we had some presumably some
Speaker 4: deals with China to buy our farm products. But we
Speaker 4: had that last administration and China didn't end up fulfilling it.
Speaker 4: So I'm not sure if we can hold them to
Speaker 4: the fire this time around. I don't know. That's tough
Speaker 4: for the US farmers.
Speaker 2: You know the Zamboni one hundred. I mean, you get
Speaker 2: your Giander tractor and you pull your Zamboni one hundred.
Speaker 2: That's why Dad had an ice rink. Yeah, just say
Speaker 2: we could ride the John Der zamboni.
Speaker 3: Next, I wrote a regular zamboni once. Yes, yes, during
Speaker 3: the Devil's Game time.
Speaker 2: Did you wear your seat belt?
Speaker 4: I did not go crazy.
Speaker 3: It was a good time. Urban Outfitters you are BN
Speaker 3: now that's the owner also, of course their namesake, but
Speaker 3: also Anthropology Free People. Their shares has been up as
Speaker 3: much as fifteen percent net sales for the third quarter
Speaker 3: beat estimates. The company said shoppers they're waiting longer they're
Speaker 3: kind of waiting out to get those holiday season deals,
Speaker 3: but customers are still snapping up plenty of the things
Speaker 3: at full price, so a lot of people paying full
Speaker 3: price for a lot of the products that are out there.
Speaker 3: They did have some small price increases at Anthropology and
Speaker 3: CEO said though it was just small targeted prices because
Speaker 3: of tariffs. But people are still lying.
Speaker 2: Okay, help me here. My email feed is it's all
Speaker 2: Black Friday.
Speaker 4: Yes, but for true yes, yeah, but I take the
Speaker 4: time to unsubscribe. Most people don't, but I do that.
Speaker 2: I do it in bouts. I'll get angry.
Speaker 4: And now most people it's not gotten easier to unsubscribe
Speaker 4: to u R. Used to be three or four, five clicks,
Speaker 4: now pretty much one.
Speaker 3: Yes, it's the Black Friday. And it's also the receipt
Speaker 3: Like yesterday, I got the receipt. Here's your receipt from
Speaker 3: Urban Outfitters. Thanks, where did that come from?
Speaker 1: To contract that?
Speaker 3: Then pet COO I had to pick this because I
Speaker 3: love the ticker woof Okay. Their shares up twenty four percent,
Speaker 3: so fourth quarter justin ebite guidance beat the average analyst estimates.
Speaker 3: There are a few quotes about this Bloomberg Intelligence saying
Speaker 3: that their multi year strategy focuses on prodible, sustainable growth.
Speaker 3: Yet Morgan Stanley commenting saying execution profitability gains are encouraging.
Speaker 3: They did point out negative comps remain a key overhang.
Speaker 3: But then RBC Capital Markets the company said it's becoming
Speaker 3: beginning to transition into his phase story because it's trying
Speaker 3: this turnaround plan, and they say that it's maybe starting
Speaker 3: to work. So their shares have been up as much
Speaker 3: as twenty four percent.
Speaker 4: Woof Well eight hundred and thirty twos eight hundred and
Speaker 4: thirty two million market cap. Why is my Bianos following us?
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