WEBVTT - Carnival Falls, CSX Corp Rises, DoorDash Gains on Kroger Relationship

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market harnessing the power of Bloomberg data.

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<v Speaker 1>Let's take a look at some other stocks that are

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<v Speaker 1>on the move today, not necessarily in the biotech space.

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<v Speaker 1>Scarlett Food here with Pausweeny and of course normal Linda

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<v Speaker 1>Bloomberg Television's market correspondent, and Nora. I know you're beginning

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<v Speaker 1>with Carnival, which should be positive given that it boosted

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<v Speaker 1>its profit forecast, but the stock is down.

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<v Speaker 3>Wall Street investors being really nitpicky here. I mean, as

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<v Speaker 3>you mentioned, they did report results that you would expect,

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<v Speaker 3>you know, people would be positive about, as they did

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<v Speaker 3>beat expectations here if you look at adjusted EPs that

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<v Speaker 3>beat expectations. They also lifted their guidance for the full

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<v Speaker 3>year in terms of their adjusted net income here. But

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<v Speaker 3>Stifold is really coming out saying that investors could be

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<v Speaker 3>quote unquote nitpicking the company's lower than expected fourth quarter

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<v Speaker 3>net yields guidance. So they're really getting into the details,

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<v Speaker 3>all the dirty details here. You're trying to figure out

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<v Speaker 3>something that they feel as though isn't really meeting the

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<v Speaker 3>high bar that they had going into the report. So

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<v Speaker 3>you are seeing this as one of the worst performing

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<v Speaker 3>stocks in the S and P five hundred today tickers CCL.

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<v Speaker 3>But I mean, if you look at what the street

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<v Speaker 3>is thinking. More broadly, Wall Street has no Cell ratings

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<v Speaker 3>on the stock. Right now, about seventy four percent of

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<v Speaker 3>analysts are advising that people buy cruisers.

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<v Speaker 4>Can't There's nothing you can do to keep those people

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<v Speaker 4>on the sidelines so they can not come off to

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<v Speaker 4>cruise in them.

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<v Speaker 2>What else?

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<v Speaker 4>Yet, also looking.

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<v Speaker 3>At shares of CSX, this one though in the green,

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<v Speaker 3>up as much as four point one percent. This one

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<v Speaker 3>also has no CELL ratings. Here up for its biggest

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<v Speaker 3>intra day gain since July in this year, and this

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<v Speaker 3>is after the company named Steve and Angel as it's

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<v Speaker 3>new CEO. This of course comes after the abrupt departure

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<v Speaker 3>that we saw from Joe Heinrich's This really overhauled the

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<v Speaker 3>railroad's leadership, especially as is thinking about the pressures that

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<v Speaker 3>we have from Piers Norfolk, Southern and Union Pacific. If

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<v Speaker 3>you think back just a couple months ago, they actually

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<v Speaker 3>came for a deal here that would create the first

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<v Speaker 3>transcontinental railroad in the US. Bloomberg did report back in

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<v Speaker 3>July that CSX is working with gold Minsacs to explore

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<v Speaker 3>options for a deal of its own.

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<v Speaker 4>So I emailed Lee Klaskow, are analyst railroad analysts for

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<v Speaker 4>Bloomberg Intelligence, and I said, hey, was this a surprise,

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<v Speaker 4>this change in leadership? This response, yes, yeah, thanks Lee

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<v Speaker 4>for the expensive Now I understand the he on vacation

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<v Speaker 4>this week, so that explains it.

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<v Speaker 1>That's why he's like, yeah, don't bother me into exactly

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<v Speaker 1>exactly all right, Nora, We're going to bother you for

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<v Speaker 1>one more mover.

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<v Speaker 3>That is DoorDash food here. Okay, it's a your dash

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<v Speaker 3>dash here, we're seeing shares of DoorDash rising. Of course,

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<v Speaker 3>this is after it's expanding its relationship with the grocery

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<v Speaker 3>store chain operator Kroger, So we are seeing Kroger up

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<v Speaker 3>a touch here. But essentially we're looking at Instacart, of course,

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<v Speaker 3>and focus that is a competitor here to DoorDash. But

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<v Speaker 3>I mean, Kroger should be launching almost twenty seven hundred

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<v Speaker 3>of its stores on the door dash platform starting October first,

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<v Speaker 3>So just around the corner here and you are seeing shares.

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<v Speaker 2>Pop off of this news the Stockmovers report from Bloomberg Radio.

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