1 00:00:02,520 --> 00:00:09,960 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. The Stock Movers Report, 2 00:00:10,280 --> 00:00:13,520 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 00:00:16,480 --> 00:00:18,239 Speaker 2: Let's take a look at some of the stocks on 5 00:00:18,280 --> 00:00:21,320 Speaker 2: the move today in Europe. I'm Rachel Evans with Caroline Hepka, 6 00:00:21,440 --> 00:00:25,720 Speaker 2: and we're joined by Bloomberg reporter tiwa Adebio. Spanish natural 7 00:00:25,760 --> 00:00:28,760 Speaker 2: gas NAGAST has been making gains this morning. Fill us 8 00:00:28,760 --> 00:00:29,840 Speaker 2: in on what's going on there. 9 00:00:30,320 --> 00:00:33,080 Speaker 3: Well, Rachel is one of our equities reporters at Bloomberg 10 00:00:33,200 --> 00:00:35,680 Speaker 3: has put it this stock is soaring this morning, is 11 00:00:35,880 --> 00:00:40,320 Speaker 3: up as much as fifteen percent. So Anagas imports stores 12 00:00:40,360 --> 00:00:43,840 Speaker 3: and transports natural gas. They also operate plants across Spain. 13 00:00:44,400 --> 00:00:46,760 Speaker 3: And this uptick is a bit of a surprise. It 14 00:00:46,840 --> 00:00:51,360 Speaker 3: comes after the Spanish regulator unveiled a draft proposal for 15 00:00:51,600 --> 00:00:55,960 Speaker 3: gas companies, which JP Morgan is saying is unexpectedly positive. 16 00:00:56,240 --> 00:00:58,920 Speaker 3: So according to that analyst, you know, under the new proposals, 17 00:00:59,200 --> 00:01:01,960 Speaker 3: Nagas could benefit from as much as six hundred and 18 00:01:01,960 --> 00:01:05,000 Speaker 3: fifty million to seven hundred and fifty million euros of 19 00:01:05,080 --> 00:01:08,840 Speaker 3: incremental revenues. That's just in the first year, So it 20 00:01:08,880 --> 00:01:12,040 Speaker 3: really does come as a boost to the stock certainly, 21 00:01:12,160 --> 00:01:17,279 Speaker 3: emits uncertain times for importers and transporters of natural gas 22 00:01:17,400 --> 00:01:20,760 Speaker 3: like annygas. Is this conflict in the Middle East continues 23 00:01:20,840 --> 00:01:23,399 Speaker 3: to put pressure on global energy supplies. Yeah. 24 00:01:23,440 --> 00:01:28,520 Speaker 2: Absolutely. Meanwhile, a big win for Asenica after a key 25 00:01:28,560 --> 00:01:31,839 Speaker 2: breakthrough with a drug for lung disease. 26 00:01:32,400 --> 00:01:34,880 Speaker 3: That's right, So Astrozenica is near the top of the 27 00:01:35,040 --> 00:01:37,840 Speaker 3: Eurostock six hundred winners list this morning. It's up just 28 00:01:37,959 --> 00:01:40,760 Speaker 3: under four percent at the highest and the reason for 29 00:01:40,840 --> 00:01:43,479 Speaker 3: this is because of one of their experimental drugs. As 30 00:01:43,480 --> 00:01:47,200 Speaker 3: you mentioned, it's used to treat the deadly lung condition COPD, 31 00:01:47,360 --> 00:01:52,320 Speaker 3: that's chronic obstructive pulmonary disease. Now, this drug has emerged 32 00:01:52,440 --> 00:01:56,040 Speaker 3: from two separate studies now with results showing that it 33 00:01:56,120 --> 00:02:02,000 Speaker 3: brought statistically significant reductions to flare ups condition. The thinking 34 00:02:02,360 --> 00:02:05,840 Speaker 3: here from analysts surveyed by Boomberg is that this new 35 00:02:05,840 --> 00:02:09,040 Speaker 3: development could generate sales of around eight hundred and sixty 36 00:02:09,080 --> 00:02:13,320 Speaker 3: six million dollars a year by twenty thirty two. And 37 00:02:13,720 --> 00:02:17,320 Speaker 3: of course these results open up access to a broader, 38 00:02:17,440 --> 00:02:20,840 Speaker 3: more lucrative market here. But this is a particularly big 39 00:02:20,880 --> 00:02:24,520 Speaker 3: win for Astrosenica because similar products from its peers like 40 00:02:24,600 --> 00:02:28,560 Speaker 3: Sanofi and Rosch have disappointed in this area, So potentially 41 00:02:28,600 --> 00:02:32,600 Speaker 3: a first mover advantage here. But our Boomberg intelligence analysts 42 00:02:32,600 --> 00:02:35,160 Speaker 3: are warning to perhaps proceed with caution here because there 43 00:02:35,240 --> 00:02:37,320 Speaker 3: was a bit of a lack of detail in their 44 00:02:37,360 --> 00:02:41,720 Speaker 3: original statement about these results, and Astrosenica are still yet 45 00:02:41,760 --> 00:02:45,280 Speaker 3: to present this and its full findings and an upcoming 46 00:02:45,360 --> 00:02:46,399 Speaker 3: medical meeting. 47 00:02:46,360 --> 00:02:49,040 Speaker 2: Interesting, so the devil could be in the detail there. Meanwhile, 48 00:02:49,040 --> 00:02:51,160 Speaker 2: we've had some m and A newsed in the alcoholic 49 00:02:51,200 --> 00:02:52,600 Speaker 2: beverage space tell us more. 50 00:02:52,840 --> 00:02:54,720 Speaker 3: So, this still has really been the talk of the 51 00:02:54,800 --> 00:02:57,320 Speaker 3: industry as far as beverages are concerned. Over the last 52 00:02:57,320 --> 00:03:01,640 Speaker 3: two days, Perna Recard is reportedly in talks about a 53 00:03:01,680 --> 00:03:05,280 Speaker 3: potential acquisition of the owners of the firm that creates 54 00:03:05,400 --> 00:03:09,040 Speaker 3: Jack Daniel's Whiskey, That's Brown Foreman. It's a deal which 55 00:03:09,200 --> 00:03:11,840 Speaker 3: could create the second biggest player in the US market 56 00:03:11,880 --> 00:03:15,160 Speaker 3: according to analysts, so really significant. Shares up as much 57 00:03:15,160 --> 00:03:18,120 Speaker 3: as four point two percent this morning, but there are 58 00:03:18,240 --> 00:03:21,080 Speaker 3: questions from some analysts, Deutsche Bank saying they would be 59 00:03:21,200 --> 00:03:26,480 Speaker 3: surprised if the transaction actually did create material value for shareholders, 60 00:03:26,720 --> 00:03:30,040 Speaker 3: but some others, like Barclay's, saying it makes strategic sense. 61 00:03:30,160 --> 00:03:33,840 Speaker 3: So we'll definitely keep monitoring this one as those talks progress, 62 00:03:33,919 --> 00:03:37,040 Speaker 3: but certainly two very recognizable names within the setup. 63 00:03:37,960 --> 00:03:41,960 Speaker 1: The Stock Movers report from Bloomberg Radio. 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