1 00:00:02,520 --> 00:00:08,800 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:17,680 --> 00:00:20,520 Speaker 3: Let's look under the hood and see where individual names 5 00:00:20,520 --> 00:00:22,840 Speaker 3: are moving. We can do that with a Natalia Kenny Javich, 6 00:00:22,960 --> 00:00:25,279 Speaker 3: equities reporter for Bloombergner. She joins us here in our 7 00:00:25,440 --> 00:00:27,640 Speaker 3: studio in Italia. What are you looking at, guys? 8 00:00:27,720 --> 00:00:30,560 Speaker 4: Let's start with consumer names. Procter and Gamble shares are 9 00:00:30,560 --> 00:00:33,280 Speaker 4: done by five percent. The company is cutting its annual 10 00:00:33,360 --> 00:00:37,880 Speaker 4: sales and profit outlook. Of course, it's blaming volatility, uncertainty 11 00:00:37,880 --> 00:00:42,720 Speaker 4: around tariffs. It's really difficult to predict consumer behavior. Procter 12 00:00:42,800 --> 00:00:46,240 Speaker 4: and Gamble ces organic sales growth this year at approximately 13 00:00:46,280 --> 00:00:49,040 Speaker 4: two percent. In January, it said it was supposed to 14 00:00:49,040 --> 00:00:53,479 Speaker 4: be somewhere between three and five percent. Earnings report showed 15 00:00:53,520 --> 00:00:57,639 Speaker 4: some deterioration in sales here in the United States, however, 16 00:00:57,800 --> 00:01:01,840 Speaker 4: it was a slight improvement in Chi China is the 17 00:01:01,920 --> 00:01:04,880 Speaker 4: second largest market in terms of sales and profit. It 18 00:01:05,000 --> 00:01:08,479 Speaker 4: was down by two percent. Sales were down. Revenue excuse 19 00:01:08,520 --> 00:01:10,880 Speaker 4: me was down by two percent, but it was a 20 00:01:10,920 --> 00:01:14,760 Speaker 4: slight improvement from a three percent decline that we saw 21 00:01:15,319 --> 00:01:19,640 Speaker 4: in the past quarter. So of course everyone wants to 22 00:01:19,680 --> 00:01:23,679 Speaker 4: know will the company increase prices, and the CEO said 23 00:01:23,920 --> 00:01:26,760 Speaker 4: it will likely roll out price increases during the next 24 00:01:26,800 --> 00:01:30,840 Speaker 4: fiscal year, which starts in July, but before that it 25 00:01:30,880 --> 00:01:34,240 Speaker 4: will try to shift some sourcing reds supply chains and 26 00:01:34,319 --> 00:01:38,240 Speaker 4: maybe some formulas to reduce exposure to tariffs. 27 00:01:38,600 --> 00:01:40,120 Speaker 3: You know what, one of the great functions on the 28 00:01:40,120 --> 00:01:43,600 Speaker 3: Bloomberg terminals of the PGeo function and what allows you 29 00:01:43,600 --> 00:01:46,000 Speaker 3: to do is to see kind of where revenue comes 30 00:01:46,000 --> 00:01:48,840 Speaker 3: from and things like that. So it breaks down North America, 31 00:01:48,880 --> 00:01:52,680 Speaker 3: European specific, Greater China, and EMEA. And you're right, Profit 32 00:01:52,760 --> 00:01:56,560 Speaker 3: Gambles a global, global company, so they're going to feel it. 33 00:01:56,720 --> 00:01:59,000 Speaker 3: And if they're lovering their guidance, that says something. 34 00:01:59,480 --> 00:02:00,000 Speaker 2: What else you got? 35 00:02:01,040 --> 00:02:05,000 Speaker 4: Airlines, of course, we are watching American Airlines earnings report. 36 00:02:05,160 --> 00:02:09,400 Speaker 4: Shares are actually up slightly less than two percent, dropped 37 00:02:09,440 --> 00:02:12,640 Speaker 4: full year earnings outlook, and a similar move we saw 38 00:02:12,720 --> 00:02:17,680 Speaker 4: from Delta Frontier south West Airlines. Of course, the company 39 00:02:17,720 --> 00:02:21,000 Speaker 4: is saying it will provide a full year update once 40 00:02:21,080 --> 00:02:26,080 Speaker 4: the economic outlook becomes clear. Now we also see that 41 00:02:27,120 --> 00:02:33,200 Speaker 4: overall American airlines profit markets continues to trail. Peers biput 42 00:02:33,200 --> 00:02:37,320 Speaker 4: a nice note of breaking down this earnings report. But 43 00:02:37,600 --> 00:02:42,160 Speaker 4: I would also like to highlight a commentary from International 44 00:02:42,200 --> 00:02:46,840 Speaker 4: air Transport Association chief Willie Walsh. He said this overall 45 00:02:47,600 --> 00:02:51,600 Speaker 4: impact from tariffs on airline industry. Airline industry would be 46 00:02:51,760 --> 00:02:55,919 Speaker 4: very similar to what we saw after September eleventh, two 47 00:02:56,000 --> 00:02:58,600 Speaker 4: thousand and one attack. So he said it will be 48 00:02:58,800 --> 00:03:03,000 Speaker 4: very severe but potentially short lived, and we may see 49 00:03:03,040 --> 00:03:07,720 Speaker 4: a bigger impact on transatlantic traffic. But however, he said, 50 00:03:07,919 --> 00:03:11,960 Speaker 4: potentially the airline industry will recover in the next few months. 51 00:03:12,200 --> 00:03:16,800 Speaker 1: Paul, I just tried PGeo and the biggest revenue of 52 00:03:17,160 --> 00:03:21,800 Speaker 1: pg PNG is fabric and homecare, followed by baby, feminine 53 00:03:21,840 --> 00:03:25,200 Speaker 1: and family care and beauty. Yes, well, I know it's interesting. 54 00:03:25,240 --> 00:03:26,560 Speaker 1: Thanks for teaching me this function. 55 00:03:26,680 --> 00:03:27,440 Speaker 3: It's a good one. 56 00:03:28,040 --> 00:03:33,080 Speaker 4: Anything else in the time, Yes, commodities new month big 57 00:03:33,120 --> 00:03:36,120 Speaker 4: move shares are up here to date, guys, it's one 58 00:03:36,160 --> 00:03:39,440 Speaker 4: of those rare examples of winners. Shares are up by 59 00:03:40,040 --> 00:03:43,640 Speaker 4: almost twenty five percent. Better results are of course driven 60 00:03:43,720 --> 00:03:46,000 Speaker 4: by rising prices of gold. 61 00:03:47,080 --> 00:03:51,240 Speaker 2: The stock movers podcast from Bloomberg Radio. Check back with 62 00:03:51,320 --> 00:03:54,400 Speaker 2: us throughout today for the latest roundup of companies making 63 00:03:54,480 --> 00:03:58,080 Speaker 2: news on Wall Street and for the latest market moving headlines. 64 00:03:58,240 --> 00:04:02,720 Speaker 2: Listen to Bloomberg Radio, catch us on YouTube, Bloomberg dot com, 65 00:04:02,760 --> 00:04:06,360 Speaker 2: and on Applecarplay and Android Auto with the Bloomberg Business app. 66 00:04:11,280 --> 00:04:11,720 Speaker 3: Mm hmm