WEBVTT - Maersk Gains, Beiersdorf Drops, Lufthsnsa Falls 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>Let's take a look at some stocks on the move

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<v Speaker 1>today in Europe. I'm Stephen Carroll with Caroline Hepger and

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<v Speaker 1>we're joined by Bloomberg's Markets Today co editor Sam Onstead. Sam,

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<v Speaker 1>good morning. Let's start with the shipping company ap moll

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<v Speaker 1>or Marsk suspending some bookings in the Middle East, but

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<v Speaker 1>their shares are still higher this morning.

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<v Speaker 3>Yeah, and you know, Stephen, their shares is still higher

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<v Speaker 3>for the same reason that happened a few years ago,

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<v Speaker 3>which is that shipping rates are going absolutely through the roof.

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<v Speaker 3>Tanker rates yesterday pretty much doubled over the course of

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<v Speaker 3>a day to two hundred thousand dollars. This is causing,

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<v Speaker 3>you know, a huge disruption to shipping all over the world,

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<v Speaker 3>as we've been talking about quite a bit in terms

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<v Speaker 3>of the straight uform moves, and you know, it's really

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<v Speaker 3>impacting shipping across the world that serves to send rates higher.

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<v Speaker 3>So although there are clearly some operational challenges that will

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<v Speaker 3>happen for MESK, if those chipping rates remain at that

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<v Speaker 3>kind of higher level, then for the bottom line, it's

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<v Speaker 3>obviously very positive.

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<v Speaker 4>Yeah, absolutely, that's one aspect of this war that we

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<v Speaker 4>are continuing to follow. Obviously very risk off though of

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<v Speaker 4>coross many asset classes, with the concerns about how long

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<v Speaker 4>the conflict is going to last. And let's talk about

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<v Speaker 4>buyers ORF plunging today.

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<v Speaker 3>Why yeah, I mean so in this market, this is

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<v Speaker 3>sort of an individual story, you know, not necessarily totally

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<v Speaker 3>link to everything else. Probably the move for buyers, if

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<v Speaker 3>you're down fourteen percent in early trading this morning, a

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<v Speaker 3>lot of that has been driven by a guidance cut

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<v Speaker 3>from them, weak sales for Nivea, the skincare brand that

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<v Speaker 3>they own. They announced to share buy back. That didn't

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<v Speaker 3>do much to say those concerns. But probably the move,

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<v Speaker 3>you know, may well have been negative anyway. But you're

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<v Speaker 3>in a market at the moment where there is a

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<v Speaker 3>fairly indiscriminate kind of sell off going on, really with

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<v Speaker 3>the exception of just oil and defense companies, and so

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<v Speaker 3>there's probably a slightly more exaggerated move that you would

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<v Speaker 3>normally get there. But even so, this is a company

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<v Speaker 3>that actually has news out and traders are trading specifically

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<v Speaker 3>on that as well, and.

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<v Speaker 1>Of course another difficult day for travel and leisure shares again.

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<v Speaker 1>They're among the worst performers in Europe this morning.

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<v Speaker 3>Yeah, and you know, as Caroline is just kind of mentioning,

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<v Speaker 3>you know, for most sectors that we're going to talk

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<v Speaker 3>about now, the real question, and you know, really across

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<v Speaker 3>all global markets, the question is how long is this

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<v Speaker 3>sustained for how much disruption? Does this this ultimately ultimately

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<v Speaker 3>bring oil prices going up again, will raise quite a

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<v Speaker 3>lot of fears for airlines that their fuel costs are

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<v Speaker 3>going to go higher. And then that obviously combines with

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<v Speaker 3>the huge operational disruption that they're facing from the Middle East,

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<v Speaker 3>and it's particularly in around these kind of super connector

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<v Speaker 3>hubs in the UAE. So for airlines at the moment,

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<v Speaker 3>there's not a great deal of positivity to find almost anywhere,

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<v Speaker 3>and I think you're likely to see them pretty heavy

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<v Speaker 3>under under fire, excuse me, under under pressure over the

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<v Speaker 3>course of the next few days because there's really no

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<v Speaker 3>no great reason for that investors to be buying them at.

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<v Speaker 2>The stock movers report from Bloomberg Radio check back with

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<v Speaker 2>US throughout the day. For the latest roundup of companies

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