1 00:00:02,520 --> 00:00:09,959 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,440 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:13,680 --> 00:00:15,880 Speaker 1: harnessing the power of Bloomberg data. 4 00:00:16,680 --> 00:00:18,040 Speaker 2: Let's look at some of the movers though. 5 00:00:18,079 --> 00:00:18,360 Speaker 1: Today. 6 00:00:18,400 --> 00:00:20,920 Speaker 2: I'm Alex Stee alongside Paul Sweeney. We're joined now by 7 00:00:20,920 --> 00:00:24,520 Speaker 2: Bloomberg's Lisa Matteo. Lisa, you're looking at Home Depot. Yeah, okay, 8 00:00:24,520 --> 00:00:26,680 Speaker 2: So Home Depot right opened its book shares have been 9 00:00:26,760 --> 00:00:28,440 Speaker 2: kind of all over the map though, up as much 10 00:00:28,480 --> 00:00:32,320 Speaker 2: as two percent, but now it's starting to take lower. Basically, 11 00:00:32,400 --> 00:00:35,040 Speaker 2: it's the CFO said February sales weight on the quarter 12 00:00:35,120 --> 00:00:37,280 Speaker 2: due to Nation one weather conditions because of the weather, 13 00:00:37,680 --> 00:00:41,080 Speaker 2: but demand improved in March and April, so it maintained 14 00:00:41,120 --> 00:00:43,839 Speaker 2: its guidance for the fiscal year. US sales ticked up 15 00:00:44,159 --> 00:00:46,559 Speaker 2: and that's full year Foe gust. It did include the 16 00:00:46,600 --> 00:00:50,320 Speaker 2: impact of tariffs, says sources more than it sources more 17 00:00:50,320 --> 00:00:53,400 Speaker 2: than fifty percent of its products in the US. Is 18 00:00:53,400 --> 00:00:56,560 Speaker 2: it a sign that consumer spending is holding up? I mean, 19 00:00:56,600 --> 00:00:58,800 Speaker 2: that's a question. I went to Home Depot, you know, 20 00:00:58,920 --> 00:01:00,960 Speaker 2: over the weekend, and it was it was I had 21 00:01:00,960 --> 00:01:02,640 Speaker 2: to get the plans and the soil and all that 22 00:01:02,720 --> 00:01:05,160 Speaker 2: kind of stuff you know, in the spring, and it 23 00:01:05,200 --> 00:01:07,680 Speaker 2: was crowded. But they say that sales got a knight's 24 00:01:07,760 --> 00:01:11,240 Speaker 2: boost from yes, the smaller projects things like that, but 25 00:01:11,280 --> 00:01:13,840 Speaker 2: consumers are still holding off on those bigger projects. 26 00:01:13,920 --> 00:01:14,920 Speaker 1: What's going on with Pfizer? 27 00:01:15,080 --> 00:01:17,600 Speaker 2: Okay, so there was this big news from Pfizer right struck, 28 00:01:17,640 --> 00:01:20,880 Speaker 2: this six billion dollar licensing deal with Chinese biotech company 29 00:01:20,920 --> 00:01:24,080 Speaker 2: three S Bio. Basically they're going to develop a cancer 30 00:01:24,120 --> 00:01:27,280 Speaker 2: drug outside of China. So Pizer has been up as 31 00:01:27,360 --> 00:01:29,920 Speaker 2: much as about three percent, but shares of three S 32 00:01:30,000 --> 00:01:32,160 Speaker 2: Bio of thirty two percent in Hong Kong, so a 33 00:01:32,200 --> 00:01:35,399 Speaker 2: big deal there. The breakdown as far as that's six billion, 34 00:01:35,480 --> 00:01:38,119 Speaker 2: so you have Fizer paying about one point two five 35 00:01:38,160 --> 00:01:41,800 Speaker 2: billion upfront to license data experimental drug, and then in 36 00:01:41,840 --> 00:01:44,080 Speaker 2: addition to that, three S Bio can get up to 37 00:01:44,280 --> 00:01:47,400 Speaker 2: four point eight billion in downstream fees if the drug 38 00:01:47,480 --> 00:01:50,440 Speaker 2: hits all milestone. So that's how that whole six billion 39 00:01:50,480 --> 00:01:52,680 Speaker 2: works out. But it's not just fiber Pfizer. It's like 40 00:01:53,000 --> 00:01:55,880 Speaker 2: a lot of competition has been set on China originated 41 00:01:55,960 --> 00:01:58,240 Speaker 2: drugs to kind of refill their pipelines over the past year. 42 00:01:58,280 --> 00:01:59,920 Speaker 2: I mean, you have global data saying the number of 43 00:02:00,080 --> 00:02:02,560 Speaker 2: large farm of licensing deals from China reached a record 44 00:02:02,600 --> 00:02:04,800 Speaker 2: high in twenty twenty four, So more companies are starting 45 00:02:04,840 --> 00:02:08,359 Speaker 2: to do this. What else you got and so Omer Sports, 46 00:02:08,400 --> 00:02:11,400 Speaker 2: Okay they make the Wilson tennis rackets, Louisville Slugger bats. 47 00:02:11,440 --> 00:02:14,120 Speaker 2: I know my money goes to that De Marini bats. 48 00:02:14,120 --> 00:02:16,320 Speaker 2: On top of it, it shares have been up as 49 00:02:16,360 --> 00:02:19,640 Speaker 2: much as seventeen percent, so it boosted its adjusted profit 50 00:02:19,720 --> 00:02:22,360 Speaker 2: forecast for the full year. Right reported first quarter results 51 00:02:22,400 --> 00:02:26,760 Speaker 2: topped expectations. A big part of it Solomon ski boots. 52 00:02:26,760 --> 00:02:29,160 Speaker 2: I hear the skimer, Okay, you're the skier. I know, 53 00:02:29,520 --> 00:02:33,120 Speaker 2: I'm not the big time skier. Arctics, the hiking gear. 54 00:02:33,120 --> 00:02:34,880 Speaker 2: I don't know if anyone's into that too. Those are 55 00:02:34,880 --> 00:02:38,080 Speaker 2: like the big movers for them when it comes to tariff. 56 00:02:38,120 --> 00:02:39,919 Speaker 2: So the company just says it, you know what, We're 57 00:02:39,919 --> 00:02:42,680 Speaker 2: going to manage through it because we have these premium brands. 58 00:02:42,800 --> 00:02:44,920 Speaker 2: They said they're going to continue to operate its business 59 00:02:44,960 --> 00:02:48,839 Speaker 2: with flexibility in their fourth quarter report, though they did 60 00:02:48,880 --> 00:02:51,480 Speaker 2: talk a lot about twenty percent of their sourcing came 61 00:02:51,520 --> 00:02:54,720 Speaker 2: from China, Vietnam, Canada, and Mexico in twenty twenty four. 62 00:02:55,360 --> 00:02:57,320 Speaker 2: China and Vietnam made up the most of that, but 63 00:02:57,360 --> 00:02:59,400 Speaker 2: they're saying they're going to weather through the storm, the 64 00:02:59,400 --> 00:03:01,280 Speaker 2: tariff storm. 65 00:03:01,320 --> 00:03:05,520 Speaker 1: The Stockmover's report from Bloomberg Radio. 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