1 00:00:02,520 --> 00:00:09,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,119 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg Data. 4 00:00:17,560 --> 00:00:19,000 Speaker 3: Let's take a look at some of the stocks on 5 00:00:19,040 --> 00:00:22,360 Speaker 3: the move today here in Europe'm Caroline Hepca alongside Tom mackenzie, 6 00:00:22,360 --> 00:00:26,320 Speaker 3: and we're joined by Bloomberg's equity supporter Joe Eesin. Good morning, Joe, right, 7 00:00:26,360 --> 00:00:28,320 Speaker 3: are we ready to dash into the weekend? We want 8 00:00:28,320 --> 00:00:32,159 Speaker 3: to talk about sportswear today, Added ass Puma powering to 9 00:00:32,240 --> 00:00:34,800 Speaker 3: some gains. Why we are. 10 00:00:34,840 --> 00:00:38,720 Speaker 1: So we've got these sportswear stocks hired today. This after 11 00:00:38,960 --> 00:00:41,920 Speaker 1: Nike or Nike, the old quarterly debate that we have 12 00:00:42,000 --> 00:00:45,080 Speaker 1: on how to pronounce that one. But the night results 13 00:00:45,120 --> 00:00:48,160 Speaker 1: basically were a little bit better than expecting in terms 14 00:00:48,159 --> 00:00:50,960 Speaker 1: of the outlook, so everyone's kind of negative coming in. 15 00:00:51,000 --> 00:00:53,159 Speaker 1: There's been a big drop down in a lot of 16 00:00:53,240 --> 00:00:57,279 Speaker 1: sales and margins over in the US, but essentially it 17 00:00:57,360 --> 00:00:59,960 Speaker 1: wasn't as bad as feared, and Nike kind of predict 18 00:01:00,240 --> 00:01:02,120 Speaker 1: that they may have seen a bit of a bottom 19 00:01:02,160 --> 00:01:05,120 Speaker 1: in some of their sales. So this is a positive 20 00:01:05,200 --> 00:01:08,800 Speaker 1: update and a read across four added ass Puma, those 21 00:01:08,840 --> 00:01:12,360 Speaker 1: docks gaining around three to four percent to day Pumachal 22 00:01:12,440 --> 00:01:16,720 Speaker 1: extended up as much as five percent. JD Sports also 23 00:01:16,880 --> 00:01:20,520 Speaker 1: rallying around eight percent because they have this big partnership 24 00:01:20,640 --> 00:01:23,600 Speaker 1: with Nike selling a lot of their trainers, and therefore 25 00:01:23,640 --> 00:01:25,720 Speaker 1: this is seen as a good move. 26 00:01:26,120 --> 00:01:27,080 Speaker 2: For the sector. 27 00:01:27,240 --> 00:01:30,480 Speaker 1: Nike itself to slip there and gone into Nike was 28 00:01:30,560 --> 00:01:33,720 Speaker 1: up eleven percent after the close, So big move and 29 00:01:33,760 --> 00:01:35,400 Speaker 1: feeding through into Europe today. 30 00:01:35,319 --> 00:01:38,680 Speaker 4: Says Joe Eastern, tugging on his high tops Centrica. Joe 31 00:01:38,680 --> 00:01:43,720 Speaker 4: a potential new investment for Centrica. How a market power market? 32 00:01:43,760 --> 00:01:48,320 Speaker 4: Do you remember the rebok with the pumps that's physically pumped. 33 00:01:49,920 --> 00:01:51,800 Speaker 3: On the Nike trainers, the bubble. 34 00:01:51,760 --> 00:01:52,640 Speaker 1: Bubble at the bottom. 35 00:01:54,200 --> 00:01:57,720 Speaker 4: Yeah, I coveted the Nike pumps and the parents were 36 00:01:57,760 --> 00:01:58,760 Speaker 4: never figure out for them. 37 00:01:58,800 --> 00:01:59,440 Speaker 1: Trendsetter. 38 00:01:59,880 --> 00:02:03,559 Speaker 4: I never got hold of do the physical pummel. 39 00:02:03,680 --> 00:02:06,120 Speaker 1: But I feel like back in the day, back in 40 00:02:06,160 --> 00:02:08,560 Speaker 1: the day they were they were so expensive. I guess 41 00:02:08,680 --> 00:02:11,360 Speaker 1: they probably still are still still really expensive. 42 00:02:11,440 --> 00:02:12,040 Speaker 3: Yeah, but. 43 00:02:13,800 --> 00:02:19,839 Speaker 1: Yeah yeah, moving on in nice segue to British gas Centrica. 44 00:02:20,000 --> 00:02:22,560 Speaker 1: Now this stock was a little bit higher then went 45 00:02:22,680 --> 00:02:25,800 Speaker 1: lower at the open after the FT reports that the 46 00:02:25,800 --> 00:02:28,079 Speaker 1: company could be looking to take a fifteen per cent 47 00:02:28,120 --> 00:02:31,640 Speaker 1: steak in the UK's side as well see nuclear project. 48 00:02:31,760 --> 00:02:34,919 Speaker 1: This is after years of delays and months of drawn 49 00:02:35,000 --> 00:02:38,480 Speaker 1: out negotiations, so potentially, according to the FT, that will 50 00:02:38,480 --> 00:02:42,160 Speaker 1: be a final decision on this now sidees Well is 51 00:02:42,520 --> 00:02:45,880 Speaker 1: a new nuclear plant that's over in Suffolk and it's 52 00:02:45,919 --> 00:02:49,360 Speaker 1: going to be costing around forty billion quid. But it 53 00:02:49,480 --> 00:02:53,680 Speaker 1: is actually one of the kind of clean energy investments 54 00:02:53,680 --> 00:02:57,600 Speaker 1: that are seen as possibly the future of energy in 55 00:02:57,720 --> 00:02:59,560 Speaker 1: the region. So therefore it's seen as a positive for 56 00:02:59,600 --> 00:03:02,000 Speaker 1: the company. Given they would have to pay around one 57 00:03:02,000 --> 00:03:04,280 Speaker 1: and a half billion pounds to take the steak, it 58 00:03:04,400 --> 00:03:06,440 Speaker 1: is seen as potentially a negative on that side, so 59 00:03:06,480 --> 00:03:08,600 Speaker 1: the stop kind of giving up its early gains. 60 00:03:08,800 --> 00:03:15,120 Speaker 3: I only side there on that story because of if 61 00:03:15,160 --> 00:03:16,960 Speaker 3: you know, if you understand the story well, of just 62 00:03:17,000 --> 00:03:20,200 Speaker 3: how much the price for building that nuclear reactor has 63 00:03:20,280 --> 00:03:23,960 Speaker 3: been has gone up. It's just staggering the initial cost. 64 00:03:24,000 --> 00:03:26,160 Speaker 3: It's I think it's more than double anyway, have to 65 00:03:26,240 --> 00:03:29,400 Speaker 3: check the figure, but it's it's a huge increase. Why 66 00:03:29,440 --> 00:03:33,320 Speaker 3: the side the side came because of just how expensive 67 00:03:33,400 --> 00:03:38,080 Speaker 3: forty billion pounds is for one nuclear staggering about. 68 00:03:38,080 --> 00:03:40,040 Speaker 4: Money in turbines? Could you get for that? Do you think? 69 00:03:41,080 --> 00:03:43,640 Speaker 1: I don't know how much of Suffolk can you power 70 00:03:43,880 --> 00:03:47,600 Speaker 1: with forty billion quids worth of nuclear energy? I don't know. 71 00:03:48,200 --> 00:03:51,040 Speaker 4: Just knowledge. 72 00:03:51,360 --> 00:03:54,520 Speaker 3: We're getting type outed here. This is okay, just a 73 00:03:54,600 --> 00:03:56,040 Speaker 3: quick word on gold heading for a. 74 00:03:56,000 --> 00:03:59,120 Speaker 1: Second weekly less gold heading for a second weekly loss. 75 00:03:59,440 --> 00:04:02,040 Speaker 1: It is only off two hundred dollars from its record highway, 76 00:04:02,080 --> 00:04:05,240 Speaker 1: but it is declining down one percent, and we're seeing 77 00:04:05,240 --> 00:04:07,760 Speaker 1: that coming through into the gold miners like Endeavor Mining 78 00:04:07,840 --> 00:04:11,200 Speaker 1: in London dropping around three percent day, giving up some 79 00:04:11,240 --> 00:04:13,240 Speaker 1: of their games that they have doubled in value over 80 00:04:13,280 --> 00:04:15,960 Speaker 1: the past year or so. Gold miners they like Endeavor 81 00:04:16,160 --> 00:04:18,240 Speaker 1: weeked today. 82 00:04:18,160 --> 00:04:22,280 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 83 00:04:22,360 --> 00:04:25,120 Speaker 2: us throughout the day for the latest roundup of companies 84 00:04:25,160 --> 00:04:28,200 Speaker 2: making news on Wall Street and for the latest market 85 00:04:28,240 --> 00:04:32,640 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 86 00:04:32,680 --> 00:04:35,919 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 87 00:04:36,000 --> 00:04:37,440 Speaker 2: the Bloomberg Business app.