1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,280 Speaker 2: in the stock market, harnessing the power of Bloomberg Data. 4 00:00:16,520 --> 00:00:18,319 Speaker 1: Let's take a look at some of the stocks on 5 00:00:18,360 --> 00:00:20,639 Speaker 1: the move today on Paul Swenia alongside Scarlet Film, were 6 00:00:20,720 --> 00:00:23,040 Speaker 1: joined by Christine's Christina. You know, Christina, what are you 7 00:00:23,079 --> 00:00:25,439 Speaker 1: looking at? Werner Brothers. Okay, bring it the deal of 8 00:00:25,480 --> 00:00:28,560 Speaker 1: the year, right, Yeah, it's a great one, yeah, exactly. 9 00:00:28,600 --> 00:00:31,240 Speaker 1: And those shares up today, so check your WBD shares 10 00:00:31,240 --> 00:00:33,560 Speaker 1: are one point four percent at the moment. So the 11 00:00:33,640 --> 00:00:36,640 Speaker 1: latest development here, of course, we know that Paramount has 12 00:00:36,680 --> 00:00:40,720 Speaker 1: launched a hostel takeover, launching a thirty dollars per year 13 00:00:40,800 --> 00:00:44,400 Speaker 1: offer for Warner Brothers Discovery in all of ours Discovery 14 00:00:44,479 --> 00:00:47,199 Speaker 1: Brothers Discovery including its debt, which is kind of the 15 00:00:47,360 --> 00:00:51,760 Speaker 1: crucial difference between its offer and Netflix's offer. And so 16 00:00:52,159 --> 00:00:54,959 Speaker 1: the Paramount deal is interesting though, because of course it's 17 00:00:55,000 --> 00:00:57,560 Speaker 1: being helmed by CEO David Ellison, who is towed his 18 00:00:57,600 --> 00:01:00,880 Speaker 1: family's good relations with the President, and of course the 19 00:01:00,880 --> 00:01:04,240 Speaker 1: president's own sun in law Jared Kushner, is also participating 20 00:01:04,360 --> 00:01:06,480 Speaker 1: in the bid. Though the President has said that he 21 00:01:06,520 --> 00:01:09,880 Speaker 1: has not discussed the topic with his Sunday law anyway. 22 00:01:10,160 --> 00:01:13,480 Speaker 1: The details are that you know, again, Paramount is in 23 00:01:13,520 --> 00:01:16,679 Speaker 1: the mix. Netflix then has an option to match Paramount's 24 00:01:16,680 --> 00:01:20,200 Speaker 1: offer if Barnard Browners determines that the other offer is superior. 25 00:01:20,240 --> 00:01:22,959 Speaker 1: According to filings and all, this will probably get an 26 00:01:23,000 --> 00:01:25,520 Speaker 1: answer to in the next ten business days, which is 27 00:01:25,560 --> 00:01:28,240 Speaker 1: when Warner Bronter said it will respond to Paramounts deal. 28 00:01:28,520 --> 00:01:30,160 Speaker 2: Right, So I had a spinning and once upon a 29 00:01:30,200 --> 00:01:32,399 Speaker 2: time people would call that conflict of interest. 30 00:01:32,440 --> 00:01:34,280 Speaker 1: But it's twenty twenty five, so I don't know that 31 00:01:34,280 --> 00:01:36,720 Speaker 1: we call that anything. It's just business, Garlett, It's just business, 32 00:01:36,760 --> 00:01:38,840 Speaker 1: all right. What's the second on your list. Let's take 33 00:01:38,840 --> 00:01:41,600 Speaker 1: a look at CBS. So those chairs also doing well today. 34 00:01:41,680 --> 00:01:44,720 Speaker 1: So the taker CVS shares up nearly three percent, and 35 00:01:44,760 --> 00:01:46,880 Speaker 1: it's holy an investor to day today. It already gave 36 00:01:46,959 --> 00:01:50,200 Speaker 1: us some pretty optimistic guidance, raising to full your profit 37 00:01:50,280 --> 00:01:53,400 Speaker 1: forecasts and saying that earnings will rise in twenty twenty six. 38 00:01:53,600 --> 00:01:55,920 Speaker 1: The company is now looking at adjusted earnings of as 39 00:01:55,960 --> 00:01:58,040 Speaker 1: much as seven to twenty per share, versus the seven 40 00:01:58,200 --> 00:02:02,080 Speaker 1: seventeen that analysts were expecting. So Bloomberg Intelligence weighing on this, 41 00:02:02,480 --> 00:02:04,400 Speaker 1: they're saying that the headlines do meet the mark in 42 00:02:04,480 --> 00:02:07,600 Speaker 1: terms of the near and long term financial implications. The 43 00:02:07,640 --> 00:02:10,079 Speaker 1: only thing is that the framework is missing a little 44 00:02:10,120 --> 00:02:13,160 Speaker 1: bit of detail. That's what they're kind of saying. It's 45 00:02:13,160 --> 00:02:15,520 Speaker 1: a lot less detailed on a segment basis compared to 46 00:02:15,560 --> 00:02:17,919 Speaker 1: their last release in twenty twenty three. But at the 47 00:02:18,000 --> 00:02:20,240 Speaker 1: very least, there were no surprises from this investor today. 48 00:02:20,840 --> 00:02:23,840 Speaker 1: Last one home Depot taking a look at Home Depotos 49 00:02:23,840 --> 00:02:25,600 Speaker 1: shares also in the grade and so it took her 50 00:02:25,760 --> 00:02:29,239 Speaker 1: HD shares out nearly one percent at the moment. Even 51 00:02:29,280 --> 00:02:31,920 Speaker 1: though the company did give initial guidance for next year 52 00:02:31,960 --> 00:02:34,919 Speaker 1: that was slightly below street expectations both in terms of 53 00:02:35,000 --> 00:02:37,920 Speaker 1: their top and bottom line metrics, although it did reaffirm 54 00:02:37,960 --> 00:02:40,400 Speaker 1: its guidance for the current year, which is set to 55 00:02:40,520 --> 00:02:43,119 Speaker 1: end in February first, twenty twenty six. So they're looking 56 00:02:43,120 --> 00:02:46,800 Speaker 1: at total sales growth of three percent. That said, for 57 00:02:46,960 --> 00:02:51,520 Speaker 1: the following year, their comparable sales growth estimate looking at 58 00:02:51,560 --> 00:02:55,000 Speaker 1: approximately flat to two percent, and the estimates previously were 59 00:02:55,160 --> 00:02:57,880 Speaker 1: plus two point one percent. JP Morgan Analysts weighing in 60 00:02:57,960 --> 00:03:01,280 Speaker 1: saying that the event is unpathed to creating a proper 61 00:03:01,320 --> 00:03:04,680 Speaker 1: reset of investor expectations following a guide down in the third. 62 00:03:05,919 --> 00:03:10,120 Speaker 2: The Stockmover's Report from Bloomberg Radio. 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