1 00:00:02,520 --> 00:00:07,360 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 --> 00:00:16,320 Speaker 2: in the stock market, Harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:20,160 Speaker 1: Companies are lining up to deliver their financial results as 5 00:00:20,160 --> 00:00:22,920 Speaker 1: the earning season ramps up. We're going to talk about 6 00:00:22,920 --> 00:00:27,639 Speaker 1: some of them with Nour Molinda Markets, correspondent for Bloomberg Television. Nora, 7 00:00:27,800 --> 00:00:28,680 Speaker 1: what's on your radar? 8 00:00:29,120 --> 00:00:31,160 Speaker 3: I'm looking at shares of P and C. Of course, 9 00:00:31,160 --> 00:00:33,120 Speaker 3: we know this is a regional bank ticker P and C. 10 00:00:33,320 --> 00:00:36,120 Speaker 3: Pretty easy there. We're seeing shares up about two point 11 00:00:36,200 --> 00:00:39,360 Speaker 3: nine percent. This is after we did see a reported 12 00:00:39,400 --> 00:00:42,479 Speaker 3: a nine percent increase in terms of fourth quarter revenue 13 00:00:42,720 --> 00:00:45,920 Speaker 3: that beat analyst expectations on Wall Street. But also we 14 00:00:45,960 --> 00:00:47,920 Speaker 3: did see that it's non interest income in the fourth 15 00:00:47,960 --> 00:00:50,640 Speaker 3: quarter was up by about fourteen percent. They're seeing it 16 00:00:50,760 --> 00:00:53,800 Speaker 3: essentially this was driven by fees from capital markets as 17 00:00:53,840 --> 00:00:56,560 Speaker 3: well as its advisory business. So we are seeing that 18 00:00:56,600 --> 00:00:59,280 Speaker 3: the both of those businesses they surged forty one percent 19 00:00:59,320 --> 00:01:02,520 Speaker 3: to four hundred in eighty nine million dollars. So you're 20 00:01:02,560 --> 00:01:05,000 Speaker 3: certainly seeing Wall Street taking a liking to this report. 21 00:01:05,040 --> 00:01:07,319 Speaker 3: Shares up about two point nine percent as we speak. 22 00:01:07,640 --> 00:01:10,360 Speaker 3: Second on your list, looking at ge Vernova, this is 23 00:01:10,360 --> 00:01:13,200 Speaker 3: ticker GeV. We're seeing shares up about seven percent, but 24 00:01:13,400 --> 00:01:16,759 Speaker 3: we're looking at powers and utilities link stocks a bit 25 00:01:16,880 --> 00:01:18,759 Speaker 3: mixed today. Of course, a lot of people are trying 26 00:01:18,760 --> 00:01:21,319 Speaker 3: to digest in the market. Trump and a few other 27 00:01:21,360 --> 00:01:24,759 Speaker 3: governors of several US Northeastern states really agreeing to push 28 00:01:25,040 --> 00:01:29,520 Speaker 3: for an emergency wholesale electricity electricity auction that essentially would 29 00:01:29,480 --> 00:01:32,640 Speaker 3: compel tech companies to fund new power plans. So you're 30 00:01:32,680 --> 00:01:35,560 Speaker 3: seeing who the beneficiaries are as some of the losers there. 31 00:01:35,800 --> 00:01:38,280 Speaker 3: We're hearing from analysts over at Jeffrey Sanda. They see 32 00:01:38,280 --> 00:01:41,400 Speaker 3: that ge Vernova is the clearest winner when we think 33 00:01:41,400 --> 00:01:45,600 Speaker 3: about these plans as PGM transmission and distribution companies will 34 00:01:45,640 --> 00:01:49,120 Speaker 3: have less pressure on bills and potential regulated distribution. 35 00:01:49,720 --> 00:01:51,920 Speaker 1: And Nora one more that is on your list today. 36 00:01:52,080 --> 00:01:55,400 Speaker 3: Lastly, I'm taking a look at hp which is ticker HPQ. 37 00:01:55,760 --> 00:01:59,000 Speaker 3: We're seeing shares are a touch lower, down by just 38 00:01:59,040 --> 00:02:02,000 Speaker 3: about what three tents of a percent earlier, down by 39 00:02:02,000 --> 00:02:04,400 Speaker 3: more than three percent, So we are seeing them pairing 40 00:02:04,440 --> 00:02:07,000 Speaker 3: those to clients. But this is essentially after a downgrade 41 00:02:07,080 --> 00:02:10,120 Speaker 3: over at Barclays or sand they see secular challenges and 42 00:02:10,120 --> 00:02:12,600 Speaker 3: this was a downgrade to underweight from equal weight. So 43 00:02:12,960 --> 00:02:15,680 Speaker 3: I guess the market doesn't think it's as bad as 44 00:02:15,840 --> 00:02:16,640 Speaker 3: they did earlier. 45 00:02:17,680 --> 00:02:21,720 Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with 46 00:02:21,800 --> 00:02:24,359 Speaker 2: us throughout the day for the latest roundup of companies 47 00:02:24,440 --> 00:02:27,519 Speaker 2: making news on Wall Street and for the latest market 48 00:02:27,560 --> 00:02:32,000 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 49 00:02:32,120 --> 00:02:35,600 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 50 00:02:35,680 --> 00:02:37,160 Speaker 2: the Bloomberg Business app.