1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News, The Stock Movers Report, 2 00:00:10,240 --> 00:00:13,360 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:16,160 Speaker 1: harnessing the power of Bloomberg Data. 4 00:00:16,000 --> 00:00:17,759 Speaker 2: And Paul swinging alongside normal Linda. 5 00:00:17,800 --> 00:00:19,800 Speaker 3: We're joined by Bloomberg's Lisa Matteo. Lisa, what are out? 6 00:00:19,840 --> 00:00:20,160 Speaker 3: First time? 7 00:00:20,200 --> 00:00:20,479 Speaker 4: All right? 8 00:00:20,520 --> 00:00:21,600 Speaker 3: I'm starting with Warner Brothers. 9 00:00:21,600 --> 00:00:22,480 Speaker 2: This guy there, you go? 10 00:00:23,040 --> 00:00:24,279 Speaker 3: Okay, WVD. 11 00:00:24,560 --> 00:00:27,840 Speaker 4: Their shares have been up nearly two percent, so it's 12 00:00:27,840 --> 00:00:30,320 Speaker 4: feeling the second round of bits right from Netflix, Paramounts 13 00:00:30,320 --> 00:00:34,400 Speaker 4: Guidance comcasts that includes a mostly cash offer from Netflix. 14 00:00:34,960 --> 00:00:38,560 Speaker 4: Paramounts offer reportedly includes debt financing from Apollo. 15 00:00:38,760 --> 00:00:42,360 Speaker 3: Sources are saying Middle East funds also contributing to that. 16 00:00:43,080 --> 00:00:45,400 Speaker 4: But you had bankers from Paramount, you know, Netflix, that 17 00:00:45,479 --> 00:00:48,240 Speaker 4: they were all busy over Thanksgiving, you know, the long weekend. 18 00:00:48,280 --> 00:00:50,280 Speaker 4: Sources saying an auction could wrap up in the coming 19 00:00:50,320 --> 00:00:53,239 Speaker 4: days or weeks. But they also think the offers are binding, 20 00:00:53,320 --> 00:00:54,920 Speaker 4: so that means the board can sign off on a 21 00:00:54,960 --> 00:00:59,560 Speaker 4: deal quickly if they're met. So could those companies adjust 22 00:00:59,600 --> 00:01:02,400 Speaker 4: their offer again? I think yes is the answer. 23 00:01:02,800 --> 00:01:04,920 Speaker 2: I mean money always talks, So if you're the board, 24 00:01:04,959 --> 00:01:07,640 Speaker 2: you got to maxim my shareholder value, but saying that 25 00:01:07,680 --> 00:01:09,880 Speaker 2: the offer's binding, says, guys, I want your best in 26 00:01:09,959 --> 00:01:12,440 Speaker 2: final right now. Can you come back and sweet and 27 00:01:12,520 --> 00:01:14,840 Speaker 2: maybe a little bit later maybe, but I need we're 28 00:01:14,880 --> 00:01:15,560 Speaker 2: ready to go now. 29 00:01:15,680 --> 00:01:17,240 Speaker 3: And you say they need a three in front of 30 00:01:17,240 --> 00:01:18,240 Speaker 3: that figure, Well. 31 00:01:18,160 --> 00:01:20,759 Speaker 2: Yeah, I'm not sure they're going to get that. Sure 32 00:01:20,800 --> 00:01:21,920 Speaker 2: they're going to get I've seen a lot of the 33 00:01:21,959 --> 00:01:25,440 Speaker 2: research out on the street. If you want the buyer 34 00:01:25,520 --> 00:01:27,880 Speaker 2: to pay for synergies now, maybe you can get to 35 00:01:27,920 --> 00:01:28,320 Speaker 2: that number. 36 00:01:28,360 --> 00:01:29,280 Speaker 3: I don't know, so we'll see. 37 00:01:29,440 --> 00:01:31,920 Speaker 4: Okay, perfect fun So bay Or I want to hit 38 00:01:31,959 --> 00:01:34,399 Speaker 4: them because their shares have hit the highest level since 39 00:01:34,480 --> 00:01:37,440 Speaker 4: January twenty twenty four. They've been up as much as 40 00:01:37,480 --> 00:01:41,360 Speaker 4: fourteen percent. The reason behind this is President Trump's administration. 41 00:01:41,480 --> 00:01:43,480 Speaker 4: They urge the Supreme Court to take up the company's 42 00:01:43,480 --> 00:01:46,840 Speaker 4: appeal in thousands of those round up weed killer cancer 43 00:01:47,000 --> 00:01:50,880 Speaker 4: lawsuits you had. Their top courtroom lawyer recommended to the 44 00:01:50,960 --> 00:01:53,560 Speaker 4: High Court that they agree to hear Bayer's challenge. It's 45 00:01:53,560 --> 00:01:56,680 Speaker 4: a one point twenty five million dollar Missouri jury verdict 46 00:01:56,680 --> 00:01:59,520 Speaker 4: over roundup. So the round up issue, it's been affecting 47 00:01:59,520 --> 00:02:02,120 Speaker 4: the company for for a long time since it takeover 48 00:02:02,160 --> 00:02:03,360 Speaker 4: Manzato in twenty eighteen. 49 00:02:03,400 --> 00:02:06,560 Speaker 3: It's already handed over more than ten billion in verdicts 50 00:02:06,560 --> 00:02:09,800 Speaker 3: and metal. I was like, man, why would you do it? 51 00:02:09,840 --> 00:02:11,160 Speaker 3: Get into all that headache? 52 00:02:11,160 --> 00:02:13,440 Speaker 2: But I guess they felt they did. So I listened 53 00:02:13,480 --> 00:02:16,120 Speaker 2: to like the farm Channel and Series XM Okay, okay, 54 00:02:16,680 --> 00:02:18,160 Speaker 2: farmers are still using that stuff. 55 00:02:18,360 --> 00:02:20,640 Speaker 3: Yeah, they're like, if you don't, you're screwed. 56 00:02:20,680 --> 00:02:24,519 Speaker 2: I mean, you know it's been reformated. I guess I 57 00:02:24,560 --> 00:02:27,040 Speaker 2: don't know. I don't know, but the farmers are saying, 58 00:02:27,280 --> 00:02:28,720 Speaker 2: you know, you got to use something like that. 59 00:02:29,840 --> 00:02:32,600 Speaker 3: Anyway, Well, we'll see where this one goes. 60 00:02:33,240 --> 00:02:35,639 Speaker 4: And then I have a few quick ones because there's 61 00:02:35,840 --> 00:02:37,200 Speaker 4: you know, not too much meats to some of these. 62 00:02:37,240 --> 00:02:40,360 Speaker 4: But the first one is database software company Mango dB. 63 00:02:40,639 --> 00:02:44,400 Speaker 4: It's sticker MDB shares have been up as much as 64 00:02:44,440 --> 00:02:46,440 Speaker 4: twenty three percent, so that's why these stocks are on 65 00:02:46,440 --> 00:02:50,000 Speaker 4: the move. It reported stronger than expected results, raised its forecast. 66 00:02:50,440 --> 00:02:54,080 Speaker 4: Then you go to bio pharma company Janics Therapeutics, sinking 67 00:02:54,080 --> 00:02:56,600 Speaker 4: more than forty percent. I mean, they had this early 68 00:02:56,639 --> 00:02:59,600 Speaker 4: stage clinical trial data for prostate cancer treatment. 69 00:03:00,120 --> 00:03:01,800 Speaker 3: Disappointed, So Janik said. 70 00:03:01,639 --> 00:03:04,760 Speaker 4: The latest data was encouraging, but I guess investors thought 71 00:03:04,760 --> 00:03:07,000 Speaker 4: it wasn't enough and and so that's why their shares 72 00:03:07,000 --> 00:03:09,960 Speaker 4: are are really tanking on that news. And then finally 73 00:03:10,360 --> 00:03:12,800 Speaker 4: Signet Jewelers. You know them right, they're the parent company 74 00:03:12,840 --> 00:03:16,839 Speaker 4: of k Zales Jared like great for the holiday time. 75 00:03:16,919 --> 00:03:19,239 Speaker 4: You looked at their jewelry. Well, their shares are down 76 00:03:19,280 --> 00:03:23,040 Speaker 4: about three percent. They beat quarterly earnings, but they projected 77 00:03:23,080 --> 00:03:26,440 Speaker 4: a tough holiday season. And you think holiday season that 78 00:03:26,480 --> 00:03:30,320 Speaker 4: goes into Valentine's Day, so so that. 79 00:03:30,160 --> 00:03:32,360 Speaker 3: Might be kind of a difficult thing. 80 00:03:32,560 --> 00:03:37,080 Speaker 2: I had the discussion of would you accept a diamond 81 00:03:37,200 --> 00:03:39,680 Speaker 2: versus a labro diamonds real diamond? 82 00:03:39,880 --> 00:03:41,960 Speaker 4: I totally would like if I were to get a 83 00:03:42,080 --> 00:03:44,320 Speaker 4: ring like I because I always wanted a gold ring 84 00:03:44,400 --> 00:03:47,080 Speaker 4: like for Christmas, I would say lab grown diamonds all 85 00:03:47,120 --> 00:03:48,120 Speaker 4: the way, but the real gold. 86 00:03:48,760 --> 00:03:50,960 Speaker 3: That would be nice for the real but the lab 87 00:03:51,000 --> 00:03:51,560 Speaker 3: grown diamond. 88 00:03:52,280 --> 00:03:57,040 Speaker 2: If you're listening, mistertail exactly, I would for like an 89 00:03:57,040 --> 00:03:57,880 Speaker 2: engagement ring. 90 00:03:58,360 --> 00:04:01,480 Speaker 3: You'd be okay, maybe just don't tell me I'm kidding, 91 00:04:02,480 --> 00:04:04,280 Speaker 3: I tell you, I don't. 92 00:04:04,480 --> 00:04:06,920 Speaker 2: That's a tricky slope there for the kids today, it's a. 93 00:04:06,920 --> 00:04:10,040 Speaker 3: Slippery I don't know. I think it's a smart it's 94 00:04:10,040 --> 00:04:12,080 Speaker 3: an option. You think it's a smart move for kids, 95 00:04:12,200 --> 00:04:12,520 Speaker 3: Save the. 96 00:04:12,520 --> 00:04:14,520 Speaker 4: Money, save the money, put it to a house, do 97 00:04:14,680 --> 00:04:19,000 Speaker 4: something else, like you know, there's so much death on me. 98 00:04:20,040 --> 00:04:24,080 Speaker 1: The Stock Movers report from Bloomberg Radio. Check back with 99 00:04:24,160 --> 00:04:26,760 Speaker 1: us throughout the day for the latest roundup of companies 100 00:04:26,800 --> 00:04:29,920 Speaker 1: making news on Wall Street and for the latest market 101 00:04:29,920 --> 00:04:34,400 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 102 00:04:34,480 --> 00:04:38,000 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 103 00:04:38,080 --> 00:04:39,559 Speaker 1: the Bloomberg Business app.