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 --> 00:00:17,360 Speaker 1: harnessing the power of Bloomberg Data's take a look at 4 00:00:17,360 --> 00:00:19,040 Speaker 1: some of the stocks on the move today. 5 00:00:19,040 --> 00:00:21,759 Speaker 2: I'm Paul Sweeney alongside Scarlett Film were joined by Bloomberg's 6 00:00:22,360 --> 00:00:23,040 Speaker 2: Lisa Matteo. 7 00:00:23,160 --> 00:00:24,280 Speaker 1: Again, can we get rid of you? 8 00:00:24,680 --> 00:00:27,400 Speaker 2: Sorry? You can't. Okay, So we'll start with Intel ticker 9 00:00:27,760 --> 00:00:30,000 Speaker 2: i NTC. All right, it shares have been up as 10 00:00:30,120 --> 00:00:32,080 Speaker 2: much as five percent of the open. They've kind of 11 00:00:32,080 --> 00:00:34,480 Speaker 2: come back just a bit. The thing is they're making 12 00:00:34,560 --> 00:00:37,280 Speaker 2: progress on a comeback. It was a pretty rough year 13 00:00:37,280 --> 00:00:39,600 Speaker 2: for the company. There have been concerns about whether it 14 00:00:39,640 --> 00:00:42,720 Speaker 2: can manufacture products that really pull in those customers. Again, 15 00:00:43,080 --> 00:00:45,839 Speaker 2: the good news, while it returned to profitability, gave an 16 00:00:45,920 --> 00:00:49,400 Speaker 2: upbeat revenue forecasts. Fourth quarter sales will be roughly thirteen 17 00:00:49,440 --> 00:00:53,040 Speaker 2: point three billion. It was just below Wall Street's estimates, 18 00:00:53,080 --> 00:00:56,160 Speaker 2: but some analysts were still including revenue from a unit 19 00:00:56,200 --> 00:00:58,200 Speaker 2: that Intel just spun off, and that was money that 20 00:00:58,400 --> 00:01:01,360 Speaker 2: wasn't part of the company's forecast. But it comes after 21 00:01:01,440 --> 00:01:03,680 Speaker 2: a few things, right, you think back, Intel secure that 22 00:01:03,760 --> 00:01:06,840 Speaker 2: investment from the US government and when backing from companies 23 00:01:06,880 --> 00:01:11,119 Speaker 2: like Nvidia and soft Bank, and investors really loved those 24 00:01:11,120 --> 00:01:14,000 Speaker 2: deals and they sent actually Intel shares up ninety percent 25 00:01:14,080 --> 00:01:14,480 Speaker 2: this year. 26 00:01:14,640 --> 00:01:16,880 Speaker 1: My boy Frank Yeri's the chairman of the board there, 27 00:01:16,959 --> 00:01:19,880 Speaker 1: so that stock is just ripping. Oh nice, it's had 28 00:01:19,959 --> 00:01:20,679 Speaker 1: quite the turnaround. 29 00:01:20,680 --> 00:01:20,920 Speaker 2: All right. 30 00:01:20,959 --> 00:01:23,880 Speaker 1: Let's take a look at PNG, consumer goods company, like 31 00:01:23,920 --> 00:01:26,280 Speaker 1: a you know, the staple, safest of the safe place. 32 00:01:26,480 --> 00:01:28,760 Speaker 2: Yes, yes, okay, so yeah, so their shares a bit 33 00:01:28,840 --> 00:01:32,760 Speaker 2: up as much as two percent, so yes, better than expected. Sales, revenue, 34 00:01:32,760 --> 00:01:35,680 Speaker 2: earnings per share also beat expectations. But it's beauty and 35 00:01:35,760 --> 00:01:38,880 Speaker 2: grooming really came in big for the company. They have 36 00:01:38,959 --> 00:01:42,840 Speaker 2: secret deodorant gilet raisers, right, so that's leading their sales growth. 37 00:01:43,280 --> 00:01:46,080 Speaker 2: The interesting thing is that they raise prices in all 38 00:01:46,160 --> 00:01:50,360 Speaker 2: their business division except for baby, feminine and family care, 39 00:01:50,880 --> 00:01:53,240 Speaker 2: and consumers paid the higher prices for them. So that 40 00:01:53,360 --> 00:01:55,480 Speaker 2: was the news that stood out for them. And the 41 00:01:55,520 --> 00:01:57,920 Speaker 2: company's been going through changes. You know, they cut about 42 00:01:57,920 --> 00:02:00,000 Speaker 2: fifteen percent of their workforce over the next two year 43 00:02:00,080 --> 00:02:03,000 Speaker 2: years to kind of improve efficiency. They're bringing in a 44 00:02:03,040 --> 00:02:06,320 Speaker 2: new CEO, so yeah, they're going through a lot of changes, 45 00:02:06,360 --> 00:02:09,920 Speaker 2: but people still paying more for some products like bounty paper, towels, 46 00:02:09,919 --> 00:02:13,440 Speaker 2: tied detergent. Think about it. So that's that's terriff inflation 47 00:02:13,520 --> 00:02:17,079 Speaker 2: that consumers are paying. They actually, well, the company itself 48 00:02:17,080 --> 00:02:19,960 Speaker 2: sees a lower impact from tariffs. Originally they thought it 49 00:02:20,000 --> 00:02:21,920 Speaker 2: was eight hundred million. Now they've brought it back to 50 00:02:21,960 --> 00:02:27,239 Speaker 2: four hundred million. So that's cringing back of it decks. Yes, okay, 51 00:02:27,320 --> 00:02:33,240 Speaker 2: so no, it's the running shoes, the Hoka running shoes, boots, yes, yes, okay, 52 00:02:33,280 --> 00:02:36,800 Speaker 2: they're all over our house. Okay. The company that their 53 00:02:36,880 --> 00:02:40,480 Speaker 2: shares have been down as much as fourteen percent, so 54 00:02:40,600 --> 00:02:44,080 Speaker 2: it missed on its sales guidance. People spent on consumer 55 00:02:44,120 --> 00:02:45,919 Speaker 2: goods like from Procter and Gamble like we were just 56 00:02:45,960 --> 00:02:49,000 Speaker 2: talking about, but they held back on these things like footwear. 57 00:02:49,080 --> 00:02:52,280 Speaker 2: So they went for the things that they needed, like 58 00:02:52,560 --> 00:02:55,639 Speaker 2: you know, deodorant in razors, and it looks like they're 59 00:02:55,639 --> 00:03:00,000 Speaker 2: holding back on like this expensive footwear. So Bloomberg Intelligence 60 00:03:00,120 --> 00:03:02,160 Speaker 2: is saying their twenty twenty six forecast could be a 61 00:03:02,200 --> 00:03:07,080 Speaker 2: little bit conservative if momentum of both brands continues. They said, hokah, 62 00:03:07,080 --> 00:03:09,200 Speaker 2: it actually has a little bit room to grow and 63 00:03:09,240 --> 00:03:11,520 Speaker 2: for long term success. At UGG, they said that they 64 00:03:11,560 --> 00:03:14,520 Speaker 2: need more product diversity. They need to come up with 65 00:03:14,680 --> 00:03:18,880 Speaker 2: new products, new UG products, like they had the sneakers 66 00:03:18,880 --> 00:03:20,720 Speaker 2: that I don't remember that came out and they were 67 00:03:20,760 --> 00:03:23,000 Speaker 2: all popular and I had to buy those too. So 68 00:03:23,080 --> 00:03:25,639 Speaker 2: it goes to show you, like a new product comes out, 69 00:03:25,919 --> 00:03:28,160 Speaker 2: your kids want it, you go buy it, you spend 70 00:03:28,200 --> 00:03:30,240 Speaker 2: more money. So they're saying they need to do that 71 00:03:30,240 --> 00:03:30,840 Speaker 2: a little bit more. 72 00:03:31,760 --> 00:03:35,800 Speaker 1: This stock mover's report from Bloomberg Radio. Check back with 73 00:03:35,880 --> 00:03:38,440 Speaker 1: us throughout the day for the latest roundup of companies 74 00:03:38,520 --> 00:03:41,640 Speaker 1: making news on Wall Street and for the latest market 75 00:03:41,640 --> 00:03:46,120 Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 76 00:03:46,200 --> 00:03:49,720 Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with 77 00:03:49,760 --> 00:03:51,280 Speaker 1: the Bloomberg Business app.