1 00:00:02,520 --> 00:00:07,440 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 00:00:16,600 --> 00:00:19,800 Speaker 1: I'm Scarlett Fuo with Alexis Christopher's and we're joined now 5 00:00:19,800 --> 00:00:23,960 Speaker 1: by Bloomberg News Equities reporter Natalie Knee Jevich and Natalia. 6 00:00:24,000 --> 00:00:26,360 Speaker 1: You're looking at a number of companies, but we first 7 00:00:26,360 --> 00:00:28,120 Speaker 1: have to start off with the ones that are in 8 00:00:28,160 --> 00:00:29,200 Speaker 1: the headlines all day. 9 00:00:29,440 --> 00:00:33,640 Speaker 3: Exactly the deal everyone is talking about today Netflix is 10 00:00:33,920 --> 00:00:38,480 Speaker 3: buying Warner Brothers. So Netflix, the ticker is, of course NFLX. 11 00:00:38,560 --> 00:00:42,680 Speaker 3: Shares are down by three two point four percent. Warner 12 00:00:42,720 --> 00:00:46,040 Speaker 3: Brothers shares are up by five point two percent. The 13 00:00:46,080 --> 00:00:49,880 Speaker 3: ticket is WBD, so of course it is a huge 14 00:00:49,920 --> 00:00:55,080 Speaker 3: deal cash and stock. It values Warner Brothers at eighty 15 00:00:55,120 --> 00:00:59,520 Speaker 3: two point seven billion dollars dollars including debt. So Warner 16 00:00:59,560 --> 00:01:03,320 Speaker 3: Brothers will spin off cable network such as CNN and 17 00:01:03,480 --> 00:01:07,280 Speaker 3: TNT into a separate company before concluding the sale of 18 00:01:07,319 --> 00:01:12,160 Speaker 3: its studio and HBO to Netflix. So, of course Netflix 19 00:01:12,200 --> 00:01:16,360 Speaker 3: will get a big library of programming and studios in California, 20 00:01:16,400 --> 00:01:19,720 Speaker 3: which gives it competitive advantage over Walt Disney and paramounts 21 00:01:19,760 --> 00:01:23,240 Speaker 3: guid dance to some investors. Actually, this is a question 22 00:01:23,440 --> 00:01:27,520 Speaker 3: that what if Netflix is doing this big acquisition because 23 00:01:27,560 --> 00:01:31,600 Speaker 3: it cannot sustain its business or expand its business at 24 00:01:31,640 --> 00:01:34,840 Speaker 3: a big scale. However, we'll see at least it is 25 00:01:34,880 --> 00:01:38,320 Speaker 3: a good deal for Warner Brothers shareholders as stock. 26 00:01:38,360 --> 00:01:40,600 Speaker 4: Yeah, I'd say Netflix will be paying a pretty penny 27 00:01:41,640 --> 00:01:43,480 Speaker 4: for the rights to be able to do that if 28 00:01:43,480 --> 00:01:46,120 Speaker 4: it couldn't sustain things on its own. Let's move to 29 00:01:46,200 --> 00:01:50,440 Speaker 4: beauty because Alta had a really nice quarterly profit report. 30 00:01:50,440 --> 00:01:52,880 Speaker 4: After the CLOSINGSA stock is up nicely as well. 31 00:01:53,160 --> 00:01:57,560 Speaker 3: Exactly the ticker is Ulta. Shares are up by thirteen 32 00:01:57,720 --> 00:02:01,920 Speaker 3: almost fourteen percent. That's actually the highest level ever. The 33 00:02:01,960 --> 00:02:06,560 Speaker 3: company posted better earnings results also boosted its guidance, and 34 00:02:06,680 --> 00:02:11,600 Speaker 3: analysts saw really strong sales across all major categories, but 35 00:02:11,680 --> 00:02:16,960 Speaker 3: they highlighted specifically fragrances and skincare as. For twenty twenty six, 36 00:02:17,080 --> 00:02:21,800 Speaker 3: forecast the company season at sales at twelve point three 37 00:02:21,880 --> 00:02:26,920 Speaker 3: billion dollars previously expected twelve to twelve point one. But notably, 38 00:02:27,120 --> 00:02:30,880 Speaker 3: just this summer, the company was very cautious about consumer 39 00:02:30,960 --> 00:02:33,120 Speaker 3: spending now it looks turned around. 40 00:02:32,919 --> 00:02:35,880 Speaker 1: All right, so the more robust outlook in the second 41 00:02:35,880 --> 00:02:39,880 Speaker 1: half of the year. Let's finally kick not kick, let's 42 00:02:39,919 --> 00:02:41,639 Speaker 1: wrap it up with VSEO. 43 00:02:42,360 --> 00:02:45,799 Speaker 3: Yeah, so Victoria's Secret shares jumped by as much as 44 00:02:45,840 --> 00:02:49,560 Speaker 3: twenty percent today. That was the biggest move since twenty 45 00:02:49,600 --> 00:02:55,560 Speaker 3: twenty two. Again, strong sales, strong outlook, and comparable sales 46 00:02:55,680 --> 00:02:59,720 Speaker 3: rose eight percent last quarter. Victoria's Secret so spending really 47 00:02:59,800 --> 00:03:03,720 Speaker 3: row us spending across all income categories, and the company 48 00:03:03,760 --> 00:03:07,519 Speaker 3: said that they see customers are buying more full price 49 00:03:08,560 --> 00:03:12,600 Speaker 3: items as it tries to go away from really strong 50 00:03:12,919 --> 00:03:18,560 Speaker 3: heavy discounts. Now, there's also some data showing that traffic 51 00:03:18,720 --> 00:03:22,400 Speaker 3: was really strong on Black Friday, and some analysts say 52 00:03:22,480 --> 00:03:26,520 Speaker 3: that this position's Victoria's Secret really well ahead of the 53 00:03:26,520 --> 00:03:29,840 Speaker 3: rest of the holiday season. But overall the company was 54 00:03:29,880 --> 00:03:33,519 Speaker 3: really a little bit cautious about post holiday period, So 55 00:03:33,600 --> 00:03:34,720 Speaker 3: we'll see how it plays out. 56 00:03:36,520 --> 00:03:40,560 Speaker 2: The stock Mover's report from Bloomberg Radio. Check back with 57 00:03:40,640 --> 00:03:43,240 Speaker 2: us throughout the day for the latest roundup of companies 58 00:03:43,280 --> 00:03:46,400 Speaker 2: making news on Wall Street and for the latest market 59 00:03:46,400 --> 00:03:50,880 Speaker 2: moving headlines. Listen to Bloomberg Radio Live. 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