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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers Report, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg data.

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Speaker 1: Let's take a look at some stocks in the move today.

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Speaker 1: JOHNY Tucker on top of it all, what do you have?

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Speaker 2: All right?

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Speaker 3: The obvious choice Merk agreeing to buy Turns Pharmaceuticals. This

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Speaker 3: is a deal that values the drug maker at six

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Speaker 3: point seven billion dollars. Mark's trying to boost its pipeline

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Speaker 3: because they have patents expiring. They're going to acquire Turns

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Speaker 3: for fifty three per share in cash. Merz contrud to

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Speaker 3: patents they're expended to start expiring in twenty twenty eight.

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Speaker 3: They also have the problem of facing possible government mandate

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Speaker 3: at price negotiations as soon as next year, so they're

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Speaker 3: under something of a little pressure to do deals like this.

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Speaker 3: Turns was actually the talk of I mean, Sam Vizzelli

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Speaker 3: can tell you this. The American Society of Hematology annual

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Speaker 3: meeting last year. They had a trial that showed more

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Speaker 3: than half all the patients treated with this therapy for

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Speaker 3: a type of blood cancer doesn't respond well to previous

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Speaker 3: treatments actually had strong improvement in their cancer within twenty

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Speaker 3: four weeks. This drug they make is TURN seven oh one.

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Speaker 3: It was tested in patients with a chronic type of leukemia. Mark,

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Speaker 3: by the way, has gained eleven percent this year. I

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Speaker 3: didn't know their history, Merk. They began back in sixteen

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Speaker 3: sixty Is that right? Frederick Jacob Mert purchased a pharmacy

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Speaker 3: in Darmstadt, Germany, evolving into the company we know today they.

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Speaker 1: Did in sixteen sixty eight. There did the podium at

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Speaker 1: the New York stock was changed Charlie Pellett Company, fifty

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Speaker 1: nine employees, Foster City, California. Yeah, turns Pharmacytical.

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Speaker 3: Next, well, let's do a bunch of defense stocks, because

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Speaker 3: the Pentagon assistants agreed with major defense contractors on a

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Speaker 3: series of frame work agreements meant to accelerate production of

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Speaker 3: key missile systems that, of course have seen heavy use

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Speaker 3: during the initial phases of the war. Lockheed Martin b

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Speaker 3: A Systems agreeing with the Defense Department plans to quadruple

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Speaker 3: the production of seekers for the Terminal high Altitude Area

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Speaker 3: Defense Interceptor that's THAD. This, according to a Pentagon announcement

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Speaker 3: this morning. So the department in Lockheed Martin earlier had

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Speaker 3: agreed on a framework meant to quadruple production of the

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Speaker 3: fat interceptor. And then you have a separate deal Honeywell

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Speaker 3: Aerospace going to best five hundred million dollars over several

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Speaker 3: years to surge produce critical components for America's munitions stock pile. Now,

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Speaker 3: when your dogs get the chewy box at the door, man,

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Speaker 3: do they freak out?

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Speaker 4: Or do they don't come mental? But when you open

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Speaker 4: the box and if you shake something, the gomant okay,

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Speaker 4: So you're into that Chewy. Forecasting sales for the year

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Speaker 4: that Beat Analysts estimates the online pet retailer expects strong

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Speaker 4: demand more or more than makeup for the headwinds including

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Speaker 4: inflation and some of the tariffun's certainty.

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Speaker 1: I have said this and for anybody running online, it

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Speaker 1: is the easiest website to give your money too quickly,

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Speaker 1: is that right? They have it better than Amazon. They

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Speaker 1: down cold in twelve seconds. You can do the order

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Speaker 1: and hand them your money.

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Speaker 3: Well, what do you get the food or like little

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Speaker 3: chewy toys?

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Speaker 1: Dude? And here's what's interesting is if Vet Bill, you

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Speaker 1: know he's medicated vet Bill's vet Bill. We can now

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Speaker 1: get the drugs through Chewy the great support of our vet.

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Speaker 1: We go to the Horseman's School of Vetinary Medicine. We

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Speaker 1: just make the check directly out to Horseman's School.

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Speaker 3: And well, the company sees net sales for the year

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Speaker 3: ending in early twenty twenty seven of thirteen point six

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Speaker 3: billion wow, well to anywhere to thirteen point seventy five

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Speaker 3: billion subeat analyst Estemus. The stocks actually was now twenty

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Speaker 3: nine percent this year through Tuesday's close. All right, So

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Speaker 3: that's it stock Movers.

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Speaker 2: Thanks so monch the Stockmovers Report from Bloomberg Radio. Check

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Speaker 2: back with us throughout the day for the latest roundup

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Speaker 2: of companies making news on Wall Street and for the

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Speaker 2: latest market moving headlines. Listen to Bloomberg Radio Live, catch

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