1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:08,520 --> 00:00:12,440 Speaker 2: The Stock Mover's Report, your roundup of companies making moves 3 00:00:12,440 --> 00:00:15,840 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,600 --> 00:00:20,119 Speaker 3: I'm Tim Stanebeck along with Carol Masser. Let's take a 5 00:00:20,160 --> 00:00:22,319 Speaker 3: look at some stocks on the move. We are joined 6 00:00:22,320 --> 00:00:25,800 Speaker 3: by Natalia Kenny Javich from the Bloomberg News Equities team. 7 00:00:25,920 --> 00:00:27,720 Speaker 1: We're going to start with Levi's though, if we can 8 00:00:27,760 --> 00:00:29,440 Speaker 1: just do that, because it just came out after the 9 00:00:29,440 --> 00:00:31,720 Speaker 1: closing bell. Stock is up about five and a half 10 00:00:31,720 --> 00:00:36,199 Speaker 1: percent here in the aftermarket. This happening after the company 11 00:00:36,320 --> 00:00:39,159 Speaker 1: raises projections for the current year after reporting stronger than 12 00:00:39,159 --> 00:00:42,480 Speaker 1: expected quarterly results. They cited strong demand in all regions. 13 00:00:43,000 --> 00:00:47,360 Speaker 1: The company's chief financial and chief financial and Growth officer, 14 00:00:47,520 --> 00:00:51,639 Speaker 1: Harmit Singh, though, is stepping down, marking a major change. 15 00:00:52,360 --> 00:00:52,960 Speaker 4: Major change. 16 00:00:52,960 --> 00:00:54,760 Speaker 1: Excuse me for Levi. He's been there for a while. 17 00:00:54,760 --> 00:00:55,280 Speaker 1: We've talked to me. 18 00:00:55,400 --> 00:00:58,120 Speaker 3: Yeah, he's been there. He's been at the company since 19 00:00:58,160 --> 00:01:01,400 Speaker 3: twenty thirteen. So he took it public because it only 20 00:01:01,480 --> 00:01:04,120 Speaker 3: has been public for a few years. We love talking 21 00:01:04,120 --> 00:01:05,600 Speaker 3: to him, and what was most fun I think about 22 00:01:05,600 --> 00:01:07,840 Speaker 3: talking to her? Meat Singh is that. You know a 23 00:01:07,840 --> 00:01:09,560 Speaker 3: lot of CFOs they wear a suit and tie, but 24 00:01:09,560 --> 00:01:12,559 Speaker 3: if you work at Levi's, you will full denim. Yeah, 25 00:01:12,600 --> 00:01:14,720 Speaker 3: full denim jacket, denim shirt. 26 00:01:14,480 --> 00:01:16,160 Speaker 1: Head to toe and jeans. 27 00:01:16,400 --> 00:01:16,640 Speaker 4: Yeah. 28 00:01:16,640 --> 00:01:17,679 Speaker 3: And that was hermeat singh. 29 00:01:17,680 --> 00:01:19,280 Speaker 1: And we do that too, but it's usually on the 30 00:01:19,319 --> 00:01:21,120 Speaker 1: bottom and you can't see. 31 00:01:21,560 --> 00:01:22,160 Speaker 4: All right, we do. 32 00:01:22,440 --> 00:01:25,360 Speaker 1: We are going to be speaking though to Levi's CEO tomorrow, 33 00:01:25,400 --> 00:01:26,960 Speaker 1: so looking forward to that conversation. 34 00:01:27,000 --> 00:01:27,920 Speaker 3: Shell Gas is coming on. 35 00:01:28,120 --> 00:01:31,320 Speaker 1: Yeah, that'll be fun to do. In the meantime, Natalia, 36 00:01:31,440 --> 00:01:32,920 Speaker 1: I know you've got a bunch of names that you've 37 00:01:33,120 --> 00:01:34,680 Speaker 1: been watching in the Tuesday trade. 38 00:01:34,959 --> 00:01:38,360 Speaker 4: Yes, so let's start with Kimberly Clark. Guys. The ticket 39 00:01:38,520 --> 00:01:41,840 Speaker 4: is key MB. The stock is down by four percent. 40 00:01:41,920 --> 00:01:45,319 Speaker 4: So there was a fire at the company's distribution center 41 00:01:45,440 --> 00:01:49,360 Speaker 4: in Ontario, California. So it has stock piles of paper 42 00:01:49,400 --> 00:01:52,520 Speaker 4: products that would potentially lead to disruptions in the market 43 00:01:52,880 --> 00:01:57,200 Speaker 4: that serves about fifty million customers. So the company said 44 00:01:57,240 --> 00:01:59,680 Speaker 4: in a statement to Bloomberg that there were no reported 45 00:01:59,760 --> 00:02:03,480 Speaker 4: in risk analysts are of course trying to estimate the potential, 46 00:02:03,560 --> 00:02:06,440 Speaker 4: you know, impact on earnings. They are saying that risk 47 00:02:06,520 --> 00:02:12,080 Speaker 4: west cost supply, the fire risk risks, supply shortages for 48 00:02:12,240 --> 00:02:16,639 Speaker 4: more than three percent of sales. Business could see some 49 00:02:16,680 --> 00:02:22,960 Speaker 4: transportation costs increases. And then also they say that basically 50 00:02:23,000 --> 00:02:25,240 Speaker 4: it's a little bit too early still to estimate the 51 00:02:25,240 --> 00:02:27,760 Speaker 4: full impact on earnings, but they're keeping an eye on that. 52 00:02:28,080 --> 00:02:31,000 Speaker 1: Well, for anybody who's seeing pictures, it is just a 53 00:02:31,240 --> 00:02:35,200 Speaker 1: massive fire. So yeah, well have to obviously they've got 54 00:02:35,240 --> 00:02:38,000 Speaker 1: to figure out certainly the implications. Let's go on over 55 00:02:38,080 --> 00:02:41,400 Speaker 1: to Broadcom. This was certainly one that was on my radar. 56 00:02:41,480 --> 00:02:44,120 Speaker 4: Av g O is the ticker correct? So the stock 57 00:02:44,400 --> 00:02:48,760 Speaker 4: finished the day up by six point two percent. We 58 00:02:48,880 --> 00:02:51,560 Speaker 4: know that the chip maker announced the long term agreement 59 00:02:51,639 --> 00:02:55,600 Speaker 4: with Google to develop supply tensor process and units, and 60 00:02:55,600 --> 00:02:58,919 Speaker 4: also both companies confirmed that they have plans to work 61 00:02:58,960 --> 00:03:03,480 Speaker 4: with Anthropic to power its operations. Bloomberg Intelligence is saying 62 00:03:03,520 --> 00:03:07,760 Speaker 4: that ex expanded agreements with Google and Anthropic is a 63 00:03:08,000 --> 00:03:11,600 Speaker 4: rare multi year visibility, but the main portion of this 64 00:03:11,720 --> 00:03:16,000 Speaker 4: twenty twenty seven ramp up may already be reflected in consensus. 65 00:03:16,800 --> 00:03:17,320 Speaker 2: So there you can. 66 00:03:17,560 --> 00:03:19,600 Speaker 3: Okay, let's final let's get to United Health. 67 00:03:19,880 --> 00:03:23,760 Speaker 4: Yeah, United Health, So the ticker is you and H 68 00:03:24,200 --> 00:03:26,399 Speaker 4: the stock is up by ten percent. So we saw 69 00:03:26,440 --> 00:03:30,320 Speaker 4: that center of a Medicare and Medicaid services finalized. There's 70 00:03:30,440 --> 00:03:34,680 Speaker 4: two point forty eight percent reed hike for health insurance 71 00:03:34,680 --> 00:03:38,000 Speaker 4: in twenty twenty seven. Remember in January they said that 72 00:03:38,040 --> 00:03:41,760 Speaker 4: they were going to keep it flat. United Health dropped 73 00:03:41,760 --> 00:03:44,960 Speaker 4: by almost seventeen percent following that announcement. Now the stock 74 00:03:45,040 --> 00:03:49,000 Speaker 4: is up by almost ten percent today and Engrance has 75 00:03:49,000 --> 00:03:54,560 Speaker 4: said that the payment change is expected to increase additional 76 00:03:54,560 --> 00:03:57,480 Speaker 4: payments by about thirteen billion dollars. So it's a big 77 00:03:57,560 --> 00:03:58,920 Speaker 4: upside for those companies. 78 00:03:59,000 --> 00:04:01,920 Speaker 1: Yeah, Human United Health, CBS, they were all hire in 79 00:04:01,960 --> 00:04:02,800 Speaker 1: today's session. 80 00:04:04,760 --> 00:04:09,000 Speaker 2: The Stockmovers report from Bloomberg Radio. Check back with us 81 00:04:09,040 --> 00:04:11,840 Speaker 2: throughout the day for the latest roundup of companies making 82 00:04:11,920 --> 00:04:15,520 Speaker 2: news on Wall Street and for the latest market moving headlines. 83 00:04:15,720 --> 00:04:19,760 Speaker 2: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 84 00:04:19,800 --> 00:04:22,880 Speaker 2: dot com, and on Applecarplay and Android Auto with the 85 00:04:22,880 --> 00:04:24,279 Speaker 2: Bloomberg Business app.