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 --> 00:00:15,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,560 --> 00:00:18,160 Speaker 3: Let's take a lot now at some of the stocks 5 00:00:18,160 --> 00:00:20,840 Speaker 3: on the move today in Europe. I'm Leslie Burden alongside 6 00:00:20,880 --> 00:00:24,639 Speaker 3: Caroline Hepco and we're joined by Bloomberg reporter Chloe Melee Chloie. 7 00:00:24,680 --> 00:00:27,920 Speaker 3: Let's start with chairs investors, the daan aged wind developer. 8 00:00:27,960 --> 00:00:30,400 Speaker 3: Of course, they're surging after it announced this one hundred 9 00:00:30,440 --> 00:00:33,160 Speaker 3: and fifty million euro buyback. 10 00:00:32,760 --> 00:00:36,440 Speaker 1: And the resilient third quarter numbers were also quite well received, 11 00:00:36,479 --> 00:00:39,919 Speaker 1: so that is really reassuring investors that the turnaround at 12 00:00:39,960 --> 00:00:43,080 Speaker 1: that company is working and starting to pay off. Part 13 00:00:43,080 --> 00:00:46,240 Speaker 1: of the strategy was to raise prices and only supply 14 00:00:46,280 --> 00:00:49,320 Speaker 1: it turbines to the most profitable projects, and that seems 15 00:00:49,320 --> 00:00:52,240 Speaker 1: to have been working quite well for them. The industry 16 00:00:52,360 --> 00:00:55,240 Speaker 1: as a whole. That overall wind industry is still dealing 17 00:00:55,280 --> 00:00:58,320 Speaker 1: with quite a lot of setbacks, of course, with in 18 00:00:58,600 --> 00:01:01,040 Speaker 1: setbacks in the US in particular, and then supply chain 19 00:01:01,080 --> 00:01:04,559 Speaker 1: disruption more generally. The CEO did say that the current 20 00:01:04,680 --> 00:01:09,200 Speaker 1: environment was still creating unprecedented challenges. But that update from 21 00:01:09,240 --> 00:01:12,040 Speaker 1: Vestas and then another update that we got from AUSTED 22 00:01:12,080 --> 00:01:16,440 Speaker 1: today reassured investors generally that that kind of sector is 23 00:01:16,480 --> 00:01:20,400 Speaker 1: getting a little bit a little bit brighter. Al said, 24 00:01:20,440 --> 00:01:23,520 Speaker 1: shares also rose today after it kept its guidance, so 25 00:01:23,560 --> 00:01:27,200 Speaker 1: that helped to boost confidence that thinks can that the 26 00:01:27,240 --> 00:01:29,400 Speaker 1: worst is over for AUSTED after it had to raise 27 00:01:29,480 --> 00:01:32,560 Speaker 1: nine billion dollars if we remember, back in August and 28 00:01:32,600 --> 00:01:35,920 Speaker 1: September from shareholders. So the US market is still very 29 00:01:36,000 --> 00:01:38,040 Speaker 1: much going to have to be left to the side 30 00:01:38,080 --> 00:01:41,440 Speaker 1: for those wind companies because of how much Trump hates 31 00:01:41,520 --> 00:01:45,040 Speaker 1: wind turbines. But turning attention back to Europe might actually 32 00:01:45,120 --> 00:01:46,880 Speaker 1: work out quite well for them. 33 00:01:46,920 --> 00:01:50,360 Speaker 3: Okay, in terms of Trump policies tariffs, Zeeman's Health and Airs, 34 00:01:50,440 --> 00:01:54,040 Speaker 3: the German medical technology company has also raised the alarms 35 00:01:54,040 --> 00:01:54,520 Speaker 3: around that. 36 00:01:54,760 --> 00:01:57,560 Speaker 1: Yeah, so it expects tariff impact to double to four 37 00:01:57,640 --> 00:02:01,160 Speaker 1: hundred million euros in its fiscal year twenty two. So 38 00:02:01,200 --> 00:02:03,680 Speaker 1: the medical tech sector that Semens Health Andaiers is part 39 00:02:03,720 --> 00:02:07,520 Speaker 1: of is particularly exposed to those tariffs, to those trade tensions. 40 00:02:07,560 --> 00:02:10,239 Speaker 1: We had Phillips yesterday which has appeared to Semens Health 41 00:02:10,280 --> 00:02:14,320 Speaker 1: anders projecting as much as two hundred million euros of 42 00:02:14,480 --> 00:02:17,639 Speaker 1: tariff impact this year as well. We're still are waiting 43 00:02:17,680 --> 00:02:20,480 Speaker 1: for more details. So the US launched a probe in 44 00:02:20,520 --> 00:02:23,880 Speaker 1: September into imports of medical devices, and that might lead 45 00:02:23,960 --> 00:02:27,160 Speaker 1: to fresh tariffs, but it sounded kind of unclear at 46 00:02:27,160 --> 00:02:29,720 Speaker 1: this point whether that would stack on top of the 47 00:02:29,760 --> 00:02:32,720 Speaker 1: fifteen percent rate that was agreed between the US and 48 00:02:32,800 --> 00:02:35,840 Speaker 1: the EU. So in the meantime that's creating a lot 49 00:02:35,840 --> 00:02:38,680 Speaker 1: of uncertainty for those companies like Semens Health Andaers and 50 00:02:38,720 --> 00:02:42,520 Speaker 1: the shares did take quite a beating this morning after 51 00:02:42,639 --> 00:02:44,520 Speaker 1: projecting that tariff impact. 52 00:02:44,240 --> 00:02:47,480 Speaker 3: And chlarin ovnrdisks cut its forecasts for a fourth time 53 00:02:47,520 --> 00:02:51,560 Speaker 3: this year. They've cited lower sales and its blockbuster weight 54 00:02:51,600 --> 00:02:54,560 Speaker 3: loss drugs we Go vian A, zem Pic. The shares 55 00:02:54,560 --> 00:02:55,880 Speaker 3: have been all over the place this morning. 56 00:02:55,960 --> 00:02:56,680 Speaker 2: Just tell us more. 57 00:02:57,000 --> 00:02:59,720 Speaker 1: Yeah, the chairs found, then Pedo's last and it down again. 58 00:03:00,000 --> 00:03:01,959 Speaker 1: It seems that investors are trying to digest what is 59 00:03:02,000 --> 00:03:04,600 Speaker 1: good and what is bad from those updates this morning. 60 00:03:04,639 --> 00:03:07,200 Speaker 1: So on the negative side, we have got those falling 61 00:03:07,240 --> 00:03:10,440 Speaker 1: sales of wigo Vi and ozempic and continued competition from 62 00:03:10,480 --> 00:03:13,360 Speaker 1: Eli Lilly that has led Nova to cut its guidance 63 00:03:13,400 --> 00:03:16,360 Speaker 1: for the fourth time. As you mentioned, those profit warnings 64 00:03:16,360 --> 00:03:19,080 Speaker 1: throughout the year and also a shakeups in management have 65 00:03:19,200 --> 00:03:22,160 Speaker 1: dragged down the shares quite a lot throughout the entire year. 66 00:03:22,520 --> 00:03:24,400 Speaker 1: But then on the positive side, it looks like the 67 00:03:24,480 --> 00:03:26,919 Speaker 1: new CEO is keen to turn things around and has 68 00:03:26,919 --> 00:03:30,320 Speaker 1: been making progress there. We recently had news of quite 69 00:03:30,360 --> 00:03:33,480 Speaker 1: big layoffs as part of efforts to cut costs, and 70 00:03:33,520 --> 00:03:35,840 Speaker 1: crucially now we've also got this ten billion dollar offer 71 00:03:35,880 --> 00:03:39,160 Speaker 1: for Mid Sarah, the obesity startup, and Nova trying to 72 00:03:39,200 --> 00:03:42,160 Speaker 1: outbid Visor, and the CEO said this morning that he 73 00:03:42,240 --> 00:03:45,720 Speaker 1: was quite bullish about its chances of winning Mid Sarah, 74 00:03:45,760 --> 00:03:47,880 Speaker 1: saying on a press call that he was confidenced they 75 00:03:47,920 --> 00:03:51,480 Speaker 1: were confident there were no antitrust issues there, so that 76 00:03:51,520 --> 00:03:54,400 Speaker 1: could have contributed to those shares maybe getting that boost. 77 00:03:55,960 --> 00:03:59,880 Speaker 2: The stock mover's report from Bloomberg Radio. Check back with 78 00:04:00,120 --> 00:04:02,640 Speaker 2: us throughout the day for the latest roundup of companies 79 00:04:02,720 --> 00:04:05,840 Speaker 2: making news on Wall Street and for the latest market 80 00:04:05,840 --> 00:04:10,320 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 81 00:04:10,400 --> 00:04:13,920 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 82 00:04:13,960 --> 00:04:15,440 Speaker 2: the Bloomberg Business app,