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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers podcast,

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Speaker 1: your roundup of companies making moves in the stock market,

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Speaker 1: harnessing the power of Bloomberg Data.

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Speaker 2: It is the Stock Movers with what's going on? We

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Speaker 2: can't forget there are individual stocks and our rising tape

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Speaker 2: right now, futures up seven. It is a podcast Stock Movers,

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Speaker 2: please look for that. And here's Lisa Matteo with the

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Speaker 2: morning Stock Movers.

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Speaker 3: All right, we want to start with Northern Trust. That's

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Speaker 3: take our ntrs. Their shares have been up as much

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Speaker 3: as five percent. The reason why, well, there's this Wall

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Speaker 3: Street Journal report that the Bank of New York Mellon

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Speaker 3: has approached Northern Trust about a possible merger. And this

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Speaker 3: would ring together, i mean, two of the largest consodium banks.

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Speaker 4: In the world.

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Speaker 3: It's also going to help it compete with global asset

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Speaker 3: managers like Blackrock and Vanguard. So if you want the specifics,

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Speaker 3: Northern Trust it had a market value more than twenty

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Speaker 3: one billion at Friday's close, being whys above sixty five

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Speaker 3: billion and b and why they're in the middle of

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Speaker 3: this overhaul. They're looking to cut their costs kind of

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Speaker 3: streamline the company and they're saying a merger with Northern

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Speaker 3: Trust could help cut Northern Trust expenses by about twenty

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Speaker 3: to thirty percent. But the real question is I mean,

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Speaker 3: if this were to go through, it could get approval

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Speaker 3: under the Trump administration. So those are the questions that

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Speaker 3: a lot of people are asking right now.

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Speaker 2: Paul mentioned that earlier meeting on I guess of New

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Speaker 2: York and Chicago, we else.

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Speaker 3: Sure a lot of stocks affected by the news slow

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Speaker 3: after you know, the US strikes and Aron's nuclear sites.

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Speaker 3: So I want to start with airline stocks. They're edging

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Speaker 3: a bit lower, like American Airlines ticker aal United tick

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Speaker 3: er ual, they're both down about one percent before the

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Speaker 3: bell and even before the US strikes, I mean you

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Speaker 3: had several American European airlines kind of pausing flights to

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Speaker 3: the United Arab Emands Emirates also to cutter. But after

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Speaker 3: the strikes you have British Airways, Singapore Airlines canceling flights

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Speaker 3: to the Persian Gulf. So you have IAG down about

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Speaker 3: one percent in London, Singapore Airlines down about one percent. Then,

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Speaker 3: of course you have to always look at energy stock

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Speaker 3: showing modest skeins. I mean, you look at Brent. It

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Speaker 3: initially serves as much as five point seven percent to

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Speaker 3: just over eighty one dollars a barrow. Right now it's

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Speaker 3: pulling back. It's down about two tens percent, seventy six

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Speaker 3: dollars a barrow. But we look at Exxon ticker XOM

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Speaker 3: up nearly two percent, Chevron up about one and a

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Speaker 3: half percent. In Occidental Petroleum, they've been up as much

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Speaker 3: as two percent. And I want to take you to

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Speaker 3: Hymns and Hers because these shares ticker HIMS down as

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Speaker 3: much as twenty three percent. The reason why, well, Novo

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Speaker 3: nor is apparently ending its recently formed OBC drug partnership

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Speaker 3: with the company. If you remember back in April they

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Speaker 3: teamed up. They offered wagov at this discounted price to

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Speaker 3: people on the Hymns and Hers platform. So Novo said

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Speaker 3: they're concerned about sales of compounded drugs misleading marketing. They

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Speaker 3: say that puts a patient safety at risk. So that's

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Speaker 3: why Novo is pulling out. But it's really a big

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Speaker 3: setback for Normal because they counted on the partnership. They

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Speaker 3: wanted to expand their axis in the US, and this

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Speaker 3: is where they're kind of losing ground to Eli Lily,

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Speaker 3: so that would have been, you know, a big help

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Speaker 3: for that.

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Speaker 2: So everybody's still pilon on this. Everybody's still doing.

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Speaker 3: The weight loss drugs.

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Speaker 4: Yeah, they're going to get even better.

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Speaker 2: I think, can we just at least is incredibly We

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Speaker 2: make jokes about it, but she's just amazingly got you're

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Speaker 2: not doing this right?

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Speaker 3: No, but I do it like my sister, I mean friends,

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Speaker 3: like a lot of people are doing it. And then

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Speaker 3: you had you know, the health, the heart effects to

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Speaker 3: the improvements.

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Speaker 4: It cures everything. Every day I hear.

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Speaker 3: Something new study correct.

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Speaker 4: I mean, come on, but again when you it's it's

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Speaker 4: they're going to make it better and better and they'll

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Speaker 4: have an oral thing and that you don't have to

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Speaker 4: do the shots. That's open up a whole new market. Yeah,

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Speaker 4: they're going to reduce the side effects. It's just going

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Speaker 4: to get better and better.

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Speaker 2: Do you have one more? I do?

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Speaker 3: I'll go for one more.

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Speaker 4: Five Serve.

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Speaker 3: Their shares are about three percent in pre market. It's

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Speaker 3: a fintech company. So the Wall Street Journal is saying

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Speaker 3: that they plan to launch a stable coin platform for

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Speaker 3: their clients. I know how you love talking about stable

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Speaker 3: coin and all that time, So I just how to

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Speaker 3: throw that in there for you.

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Speaker 1: The Stockmovers podcast from Bloomberg Radio. Check back with us

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Speaker 1: throughout the day for the latest roundup of companies making

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Speaker 1: news on Wall Street and for the latest market moving headlines.

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