WEBVTT - Rheinmetall Gains, Lufthansa Climbs, ITV Jumps 

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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>Well, let's take a look at some stocks on the

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<v Speaker 1>move today in Europe. I'm Stephen Carroll with Lizzie Burton,

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<v Speaker 1>and we're joined by Bloomberg's Tiva at a Bio Tiva.

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<v Speaker 1>Let's start then with Ryan Mattal. How has the defense

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<v Speaker 1>firm been affected by the conflict in the Middle East.

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<v Speaker 3>Yeah, Steven, when we're really capping off the week of

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<v Speaker 3>positive gains across the defense sector, Others also like HENSLT

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<v Speaker 3>moving higher as well, and that's on the expectation of

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<v Speaker 3>further military spending. Really, every day that this conflict continues,

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<v Speaker 3>we see that expectation grow and that translates into more

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<v Speaker 3>orders for these defense names, their names like Ryan Mattel

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<v Speaker 3>moving higher today. And this war also is showing no

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<v Speaker 3>signs of letting up, and so until we have perhaps

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<v Speaker 3>more clarity on when the war might end, we're likely

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<v Speaker 3>to see this continue. But with respect to Rhein Mattal specifically,

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<v Speaker 3>the drone attacks in Iran are sort of underscoring the

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<v Speaker 3>need for lower cost interceptions. That's according to the latest

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<v Speaker 3>analysis from Bloomberg Intelligence. So they're seen as a potential

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<v Speaker 3>beneficiary of this. That's why we're seeing them move a

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<v Speaker 3>bit higher this morning.

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<v Speaker 4>It's interesting. I was speaking to an analyst earlier about

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<v Speaker 4>why European defense hot stocks haven't moved even higher, and

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<v Speaker 4>they were saying that the war is good for Russia

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<v Speaker 4>because of higher oil, and US defense stocks seem to

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<v Speaker 4>be benefiting even more so, kind of at the expense

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<v Speaker 4>of European defense names. But we also have to talk

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<v Speaker 4>to you or about airline. We've had left hands the

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<v Speaker 4>reporting earnings this morning, just talk to us about their situation.

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<v Speaker 3>Well, it has been a kind of a difficult situation

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<v Speaker 3>for airlines over the last few days. There have been

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<v Speaker 3>numerous concerns about flights being canceled. We've seen the number

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<v Speaker 3>of cancel flights to the Middle East hitting a twenty

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<v Speaker 3>seven thousand to day since the fighting began. That's been

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<v Speaker 3>tricky for firms like is really struggling. But actually luft

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<v Speaker 3>Hansa is kind of bucking that trend today for two reasons.

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<v Speaker 3>So firstly, they did report results today and there were

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<v Speaker 3>strong numbers. They're predicting a significant improvement in earnings actually

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<v Speaker 3>this year, but also left Hansa is kind of looking

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<v Speaker 3>for the opportunity amidst this wider disruption. They've announced this

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<v Speaker 3>morning that they are actually considering adding more flights onto

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<v Speaker 3>routes to Africa and Asia, and that's as demand is

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<v Speaker 3>really rising. They're trying to scoop up those passenger flows

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<v Speaker 3>that would otherwise have been served by Middle East carriers.

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<v Speaker 3>So investors aren't reacting positively to those bits of views

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<v Speaker 3>from Lufthansa this morning.

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<v Speaker 1>And away from events in the Middle East, you've been

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<v Speaker 1>looking at some good news for the broadcaster ITV.

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<v Speaker 3>Yeah, a bit of a surprise from ITV this morning,

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<v Speaker 3>one of the biggest winners on the stock six hundred.

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<v Speaker 3>It's been up nearly eight percent. Has paired slightly now,

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<v Speaker 3>but that's their biggest move since November. And this is

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<v Speaker 3>really off the back of an analyst upgrade, which is

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<v Speaker 3>a sort of dissipating anxiety about weakness in advertising demand.

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<v Speaker 3>And say, we saw worries around this towards the end

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<v Speaker 3>of last year, and that was tied to uncertainty around

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<v Speaker 3>the UK budget. Those concerns did begin to clear a

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<v Speaker 3>bit in December, and that's a trend that this analyst

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<v Speaker 3>is expecting to continue throughout the beginning of this year,

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<v Speaker 3>and that's paving the way for more growth in the summer.

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<v Speaker 3>Of course, ties to the start of the World Cup,

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<v Speaker 3>which is due to be broadcasts in June this year,

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<v Speaker 3>so investors optimistic about ITV's prospects.

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<v Speaker 2>This morning the Stock Movers Report from Bloomberg Radio. Check

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