1 00:00:02,520 --> 00:00:07,720 Speaker 1: Bloomberg Audio Studios podcast, The Stock Uivers report, your roundup 2 00:00:07,760 --> 00:00:11,080 Speaker 1: of companies making moves in the stock market, harnessing the 3 00:00:11,119 --> 00:00:12,920 Speaker 1: power of Bloomberg Data. 4 00:00:13,200 --> 00:00:15,640 Speaker 2: Well, let's see what some stocks on the move today, 5 00:00:16,200 --> 00:00:18,640 Speaker 2: and we're joined by bloom Christina. You know, Christine, what 6 00:00:18,640 --> 00:00:19,319 Speaker 2: are you looking at today? 7 00:00:19,320 --> 00:00:22,360 Speaker 3: We gotta take it. Look at United Health, Paul Tinker, 8 00:00:22,680 --> 00:00:25,160 Speaker 3: you n h that is having a bad day. Those 9 00:00:25,160 --> 00:00:29,280 Speaker 3: shares are down nineteen percent now, but that is only 10 00:00:29,400 --> 00:00:33,080 Speaker 3: set for the biggest drop in terms of the day's 11 00:00:33,120 --> 00:00:36,520 Speaker 3: move since mid April. It's only set for its lowest 12 00:00:37,000 --> 00:00:40,120 Speaker 3: closing price since August. So that just tells you even 13 00:00:40,159 --> 00:00:42,120 Speaker 3: though it's a bad day for United Health, it's actually 14 00:00:42,120 --> 00:00:44,640 Speaker 3: had much worse. But that is because we did get 15 00:00:44,640 --> 00:00:48,760 Speaker 3: a forecast from the company see a decline in twenty 16 00:00:48,880 --> 00:00:53,040 Speaker 3: twenty six revenue. That is their first annual contraction in 17 00:00:53,120 --> 00:00:55,920 Speaker 3: more than three decades, and so quite a big deal, 18 00:00:56,400 --> 00:00:59,279 Speaker 3: a historic moment for the company in not a very 19 00:00:59,280 --> 00:01:02,400 Speaker 3: good way on fortunately. And then also they've been hit 20 00:01:02,440 --> 00:01:04,679 Speaker 3: by more policy risks right because the US is now 21 00:01:04,720 --> 00:01:08,560 Speaker 3: proposing to keep payments to private medicare plans flat next year. 22 00:01:08,600 --> 00:01:10,280 Speaker 3: So it's a bit of a double bammy for United 23 00:01:10,280 --> 00:01:10,720 Speaker 3: health Right. 24 00:01:10,760 --> 00:01:13,760 Speaker 2: Just days like today, news like United healthcarec reminds me 25 00:01:13,800 --> 00:01:17,840 Speaker 2: how much I absolutely don't know anything about healthcare finance economics, 26 00:01:17,880 --> 00:01:19,320 Speaker 2: like who pays who? I have no idea. 27 00:01:19,440 --> 00:01:21,240 Speaker 1: But at this point, this is just a proposal, it's 28 00:01:21,280 --> 00:01:23,520 Speaker 1: not even a done deal. And it's the fact that 29 00:01:23,760 --> 00:01:27,720 Speaker 1: something can happen like this and blow everyone's expectations. 30 00:01:27,040 --> 00:01:28,480 Speaker 2: Out the door. You know. 31 00:01:29,080 --> 00:01:30,920 Speaker 1: Let's move on to some defense names. 32 00:01:31,000 --> 00:01:33,440 Speaker 3: Yeah, let's take a look at Northrop Grumman this morning. 33 00:01:33,480 --> 00:01:35,600 Speaker 3: We did get results from them as well, tick Her 34 00:01:35,760 --> 00:01:38,200 Speaker 3: and OC so just down a little bit today, down 35 00:01:38,240 --> 00:01:41,440 Speaker 3: three tenths of one percent. I mean, the results were 36 00:01:41,640 --> 00:01:46,120 Speaker 3: quite mixed, and we did see adjusted EPs twenty to 37 00:01:46,319 --> 00:01:49,880 Speaker 3: twenty seven ninety in terms of their forecast for the 38 00:01:49,920 --> 00:01:54,080 Speaker 3: full year. The estimate is a twenty ninety six, so 39 00:01:54,160 --> 00:01:57,720 Speaker 3: you know, the midpoint of that that range still meeting 40 00:01:57,880 --> 00:02:01,840 Speaker 3: those expectations. They did have a fourth quarter income rising 41 00:02:01,960 --> 00:02:04,720 Speaker 3: seventeen percent to one point twenty seven billion dollars, which 42 00:02:04,800 --> 00:02:07,840 Speaker 3: is above estimates, and then a lot of attention being 43 00:02:07,840 --> 00:02:10,200 Speaker 3: paid as well to their order backlog, which is a 44 00:02:10,200 --> 00:02:14,360 Speaker 3: good indication of future business. That reached ninety five point 45 00:02:14,400 --> 00:02:17,639 Speaker 3: seven billion dollars, which of course has been spurred by 46 00:02:17,680 --> 00:02:20,280 Speaker 3: awards for the F thirty five fighter jet and also 47 00:02:20,520 --> 00:02:23,000 Speaker 3: Virginia class submarines rthurpe Grumman. 48 00:02:23,160 --> 00:02:26,639 Speaker 2: The Grumman part originally based on Long Island or they 49 00:02:26,639 --> 00:02:29,079 Speaker 2: made my favorite aircraft, the F fourteen Tomcat. 50 00:02:29,160 --> 00:02:30,280 Speaker 3: So there there you go. 51 00:02:30,919 --> 00:02:31,440 Speaker 2: What else you got? 52 00:02:31,480 --> 00:02:33,600 Speaker 3: One more? Take a look at RTX as well, saying 53 00:02:33,680 --> 00:02:37,040 Speaker 3: with the defense theme here, so those are doing better. Uh, 54 00:02:37,360 --> 00:02:40,320 Speaker 3: there are two percent at the moments of debt sticker 55 00:02:40,520 --> 00:02:44,040 Speaker 3: RTX and yeah, very interesting call. I mean, the top 56 00:02:44,080 --> 00:02:47,160 Speaker 3: line of the results was a four quarter adjusted EPs 57 00:02:47,280 --> 00:02:51,320 Speaker 3: at one fifty five, that is above estimates, and sales 58 00:02:51,480 --> 00:02:55,120 Speaker 3: rose across the company's primary aerospace and defense units as well. 59 00:02:56,000 --> 00:03:00,119 Speaker 3: Quite a bit of interesting comments coming from the earnings call. 60 00:03:00,160 --> 00:03:02,560 Speaker 3: They did say the company is saying that they will 61 00:03:02,600 --> 00:03:05,600 Speaker 3: continue to pay dividends to investors, even after they drew 62 00:03:05,639 --> 00:03:09,240 Speaker 3: criticism from President Donald Trump, who said that the company 63 00:03:09,400 --> 00:03:15,519 Speaker 3: specifically citing their sluggish weapons output and lavish shareholder returns. 64 00:03:16,360 --> 00:03:20,240 Speaker 3: But looks like the CEO of RTX, Chris Callio, backing 65 00:03:20,520 --> 00:03:23,520 Speaker 3: that dividend plan and we're seeing investors were running them 66 00:03:23,520 --> 00:03:23,760 Speaker 3: for it. 67 00:03:23,800 --> 00:03:29,679 Speaker 1: Today the Stock mover's Report from Bloomberg Radio. Check back 68 00:03:29,680 --> 00:03:31,920 Speaker 1: with us throughout the day for the latest roundup of 69 00:03:31,960 --> 00:03:35,280 Speaker 1: companies making news on Wall Street and for the latest 70 00:03:35,280 --> 00:03:39,480 Speaker 1: market moving headlines. Listen to Bloomberg Radio Live, catch us 71 00:03:39,520 --> 00:03:43,240 Speaker 1: on YouTube, Bloomberg dot com, and on Applecarplay and Android 72 00:03:43,280 --> 00:03:45,280 Speaker 1: Auto with the Bloomberg Business app.