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Speaker 1: Bloomberg Audio Studios, podcasts, radio News.

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Speaker 2: The Stock Movers Report, your roundup of companies making moves

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Speaker 2: in the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: Let's take a look at some of the stocks on

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Speaker 3: the move today. I'm Paul Swooney with Alexis Christophershummer, joined

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Speaker 3: by Red Brown Red. What do you got for it?

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Speaker 1: Yeah, first one on the list is Curing Doctor Pepper.

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Speaker 1: The ticker there is KDP, and that is down around

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Speaker 1: eight percent of the moment the most in S and

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Speaker 1: P five hundred ed, its steepest drop since twenty twenty.

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Speaker 1: And that move is obviously coming off of the big

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Speaker 1: news this morning that the company is in to buy

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Speaker 1: JdE Pete's, a Dutch coffee company, for around eighteen billion.

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Speaker 1: At the conclusion of the deal, those two will set

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Speaker 1: they will separate the coffee and soft drinks businesses into

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Speaker 1: two US listed companies. So, yeah, the reaction I guess

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Speaker 1: this morning maybe just in response to I mean, that

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Speaker 1: price eighteen billion dollars for the company, and it's kind

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Speaker 1: of a difficult space right now in coffee whole industry

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Speaker 1: kind of going through quite quite a few pressures between

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Speaker 1: environmental pressures on the coffee crops and also trade pressures

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Speaker 1: as well. So I guess remains to be seeing kind

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Speaker 1: of how this quite complicated transaction does pan out. But yeah,

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Speaker 1: shares tanking at the moment.

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Speaker 3: Bankers get paid though they do get paid. Put the

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Speaker 3: deal they always did, then split them up again. I mean,

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Speaker 3: that's just awesome. It's undoes the deal that happened in

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Speaker 3: twenty eighteen, doesn't. Yes, Yes, somebody at some point thought

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Speaker 3: let's put them together, and now they're saying, let's slip

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Speaker 3: them apart.

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Speaker 1: And then another five years we can do it again.

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Speaker 3: There, we can do it again. Good stuff there. The

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Speaker 3: bankers and lawyers, they get paid, all right, what's next?

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Speaker 1: Also on my radars, our H formerly Restoration Hardware, and

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Speaker 1: that ticker is our H. That those shares they fell

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Speaker 1: as much as ten percent at the opening. That was

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Speaker 1: the most since since April, so since around the TARIFFA announcements. Originally,

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Speaker 1: and this is again kind of a tariff driven story.

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Speaker 1: President Trump over the weekend announced that the administration will

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Speaker 1: be investigating terras for the furniture market. That investigation should

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Speaker 1: be completed within fifty days. Some other names also down

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Speaker 1: alongside our h Wayfair, our House, and Williams Sonoma all

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Speaker 1: trading a little lower this morning. I thought this was

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Speaker 1: really interesting just because if you look on the Bloomberg

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Speaker 1: terminal data, it looks like the company actually gets around

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Speaker 1: eighty two percent of its supplied domestically. So I guess

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Speaker 1: there's still concerns about what this could mean for sourcing

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Speaker 1: of materials things like that. It just seems like the

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Speaker 1: kind of pattern of these these investigations is there's the

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Speaker 1: initial kind of shock that the industry will be kind

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Speaker 1: of looking at higher prices before things kind of peter out.

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Speaker 1: But yeah, you know, this is also another one of

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Speaker 1: these instances of like Whirlpools and other one of these

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Speaker 1: companies who has really big domestic supply. They say that

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Speaker 1: Terris eventually will benefit the company in the long run.

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Speaker 1: So I guess we can see kind of how RH

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Speaker 1: plays this, and just in terms of like the pr

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Speaker 1: front and all of these companies what they're going to

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Speaker 1: say in their next earnings statements over here in the

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Speaker 1: next couple of months. So yeah, still still kind of

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Speaker 1: a moving story at the moment. But yeah, RH and

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Speaker 1: the furniture makers struggling this morning.

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Speaker 3: That's hot, we get all the furniture from North Carolina.

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Speaker 3: I mean, I know, I live down in North Carolina.

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Speaker 1: The Trump said that he mentioned North Carolina in is

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Speaker 1: an announcement that he wants furnitures to be made in

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Speaker 1: North Carolina once again.

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Speaker 3: So most it was anyway, what do I know? All right?

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Speaker 1: One more we have Variant Systems. Shares are down a

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Speaker 1: round one percent at the open here, but they were

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Speaker 1: surging this morning after private equity firm Doma Bravo said

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Speaker 1: that they will be buying the company for one point

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Speaker 1: two to three billion. At that price represents about an

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Speaker 1: eighteen percent premium prior to the announcement. So yeah, just

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Speaker 1: kind of building on the private equity firm's efforts to

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Speaker 1: continue to deepen its software portfolio. They will combine this

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Speaker 1: company actually with another one of their portfolio companies, Calibrio.

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Speaker 1: If I'm saying that correctly, it is correct, and admittedly

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Speaker 1: not familiar with these companies. But I think the really

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Speaker 1: interesting thing and kind of why we're watching this morning

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Speaker 1: is just kind of the aggressive, the aggress and this

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Speaker 1: rich Doma Bravo has been kind of deepening at software portfolio.

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Speaker 1: They bought Dave Force earlier this year for twelve point

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Speaker 1: three billion week right, Oh yeah, there you go. And

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Speaker 1: then also they bought Boeing's flight navigation unit for ten

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Speaker 1: point six billions.

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Speaker 3: So they're all in.

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Speaker 1: They're going, they're going very deep on on software. I

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Speaker 1: think they see the kind of the disruption within the

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Speaker 1: economy right now and how it's affecting some shares as

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Speaker 1: an opportunity I guess. So, yeah, we'll see how this

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Speaker 1: plays out.

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Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with

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Speaker 2: us throughout the day for the latest roundup of companies

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