WEBVTT - Intel Rallies, Procter & Gamble Rises, and Deckers Outdoor Slides on Weak 2026 Forecast 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market,

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<v Speaker 1>harnessing the power of Bloomberg Data's take a look at

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<v Speaker 1>some of the stocks on the move today.

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<v Speaker 2>I'm Paul Sweeney alongside Scarlett Film were joined by Bloomberg's

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<v Speaker 2>Lisa Matteo.

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<v Speaker 1>Again, can we get rid of you?

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<v Speaker 2>Sorry? You can't. Okay, So we'll start with Intel ticker

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<v Speaker 2>i NTC. All right, it shares have been up as

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<v Speaker 2>much as five percent of the open. They've kind of

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<v Speaker 2>come back just a bit. The thing is they're making

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<v Speaker 2>progress on a comeback. It was a pretty rough year

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<v Speaker 2>for the company. There have been concerns about whether it

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<v Speaker 2>can manufacture products that really pull in those customers. Again,

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<v Speaker 2>the good news, while it returned to profitability, gave an

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<v Speaker 2>upbeat revenue forecasts. Fourth quarter sales will be roughly thirteen

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<v Speaker 2>point three billion. It was just below Wall Street's estimates,

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<v Speaker 2>but some analysts were still including revenue from a unit

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<v Speaker 2>that Intel just spun off, and that was money that

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<v Speaker 2>wasn't part of the company's forecast. But it comes after

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<v Speaker 2>a few things, right, you think back, Intel secure that

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<v Speaker 2>investment from the US government and when backing from companies

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<v Speaker 2>like Nvidia and soft Bank, and investors really loved those

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<v Speaker 2>deals and they sent actually Intel shares up ninety percent

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<v Speaker 2>this year.

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<v Speaker 1>My boy Frank Yeri's the chairman of the board there,

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<v Speaker 1>so that stock is just ripping. Oh nice, it's had

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<v Speaker 1>quite the turnaround.

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<v Speaker 2>All right.

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<v Speaker 1>Let's take a look at PNG, consumer goods company, like

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<v Speaker 1>a you know, the staple, safest of the safe place.

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<v Speaker 2>Yes, yes, okay, so yeah, so their shares a bit

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<v Speaker 2>up as much as two percent, so yes, better than expected. Sales, revenue,

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<v Speaker 2>earnings per share also beat expectations. But it's beauty and

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<v Speaker 2>grooming really came in big for the company. They have

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<v Speaker 2>secret deodorant gilet raisers, right, so that's leading their sales growth.

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<v Speaker 2>The interesting thing is that they raise prices in all

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<v Speaker 2>their business division except for baby, feminine and family care,

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<v Speaker 2>and consumers paid the higher prices for them. So that

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<v Speaker 2>was the news that stood out for them. And the

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<v Speaker 2>company's been going through changes. You know, they cut about

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<v Speaker 2>fifteen percent of their workforce over the next two year

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<v Speaker 2>years to kind of improve efficiency. They're bringing in a

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<v Speaker 2>new CEO, so yeah, they're going through a lot of changes,

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<v Speaker 2>but people still paying more for some products like bounty paper, towels,

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<v Speaker 2>tied detergent. Think about it. So that's that's terriff inflation

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<v Speaker 2>that consumers are paying. They actually, well, the company itself

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<v Speaker 2>sees a lower impact from tariffs. Originally they thought it

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<v Speaker 2>was eight hundred million. Now they've brought it back to

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<v Speaker 2>four hundred million. So that's cringing back of it decks. Yes, okay,

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<v Speaker 2>so no, it's the running shoes, the Hoka running shoes, boots, yes, yes, okay,

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<v Speaker 2>they're all over our house. Okay. The company that their

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<v Speaker 2>shares have been down as much as fourteen percent, so

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<v Speaker 2>it missed on its sales guidance. People spent on consumer

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<v Speaker 2>goods like from Procter and Gamble like we were just

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<v Speaker 2>talking about, but they held back on these things like footwear.

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<v Speaker 2>So they went for the things that they needed, like

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<v Speaker 2>you know, deodorant in razors, and it looks like they're

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<v Speaker 2>holding back on like this expensive footwear. So Bloomberg Intelligence

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<v Speaker 2>is saying their twenty twenty six forecast could be a

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<v Speaker 2>little bit conservative if momentum of both brands continues. They said, hokah,

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<v Speaker 2>it actually has a little bit room to grow and

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<v Speaker 2>for long term success. At UGG, they said that they

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<v Speaker 2>need more product diversity. They need to come up with

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<v Speaker 2>new products, new UG products, like they had the sneakers

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<v Speaker 2>that I don't remember that came out and they were

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<v Speaker 2>all popular and I had to buy those too. So

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<v Speaker 2>it goes to show you, like a new product comes out,

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<v Speaker 2>your kids want it, you go buy it, you spend

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<v Speaker 2>more money. So they're saying they need to do that

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<v Speaker 2>a little bit more.

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<v Speaker 1>This stock mover's report from Bloomberg Radio. Check back with

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