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Speaker 1: Bloomberg Audio Studios, podcasts, radio news. The Stock Movers Report,

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Speaker 1: your roundup of companies making moves in the stock market.

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Speaker 1: Harnessing the power of Bloomberg Data.

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Speaker 2: Let's take a look at some stocks on the move today.

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Speaker 2: I'm time Keen with Paul Sweeni and Bloomberg's John Tucker.

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Speaker 3: Let's go back in time history. The Golden Spike was

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Speaker 3: driven at Promontory Summit, Utah, May tenth, eighteen sixty nine,

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Speaker 3: completing the first transcontinental railroad in the US, marking the

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Speaker 3: joining of Central Pacific and Union Pacific. Now we're going

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Speaker 3: to do it again. The Taia the latest poised to

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Speaker 3: transform North American railmark bearing Union pacifics network across the

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Speaker 3: western US. With Norfolk's East coast routes, Union Pacific agreeing

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Speaker 3: to acquire Norfolk Southern. This is a cash and stock

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Speaker 3: transaction valued at eighty five billion dollars, forming a rail giant.

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Speaker 3: Stands to be the industry's largest deal ever. It also

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Speaker 3: would be the biggest merger M and A this year.

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Speaker 3: Norfolk Southern shareholders receiving one Union Pacific share and eighty

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Speaker 3: eight dollars eighty two cents in cash for each Norfolk

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Speaker 3: Share Union Pacific's going to issue two hundred and twenty

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Speaker 3: five million shares to Norfolk Southern investors. That represents about

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Speaker 3: twenty seven percent ownership in the combined company. They aim

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Speaker 3: to close this deal, I mean, if regulators sign off

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Speaker 3: on it sometime in early twenty twenty seven. We'll see

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Speaker 3: if that actually.

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Speaker 2: This is from AI, folks, and we're using this more

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Speaker 2: and more. John to your great history there the Big

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Speaker 2: seven Class one railroads, sixty eight percent of freight, eighty

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Speaker 2: eight percent of employees, and ninety four percent of revenue.

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Speaker 1: Good luck in Washington, yep, good luck.

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Speaker 3: Let's transform that. Going on to Procter and Gamble, they

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Speaker 3: issued a wider range than usual for the annual sales outlook.

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Speaker 3: So this kind of underscores the volatility of companies continuing

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Speaker 3: to try to navigate even as the Trumpet administration begins

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Speaker 3: to strength some of the trade deals. The maker of

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Speaker 3: time detergent A Guleette Raisers expecting organic sales growth this

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Speaker 3: year to range between flat to up to four percent

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Speaker 3: versus the prior year. According to the company, this projection

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Speaker 3: actually includes raising some prices. The top end of that

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Speaker 3: range would be a faster pace of growth than the

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Speaker 3: most recent fiscal year. I remember Aj Laughley was in

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Speaker 3: here once years ago and he just loved the fact

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Speaker 3: that people when they squeezed their tooth, they didn't get

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Speaker 3: it all out. That yeah, there was some waste involved

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Speaker 3: and they have to go back to the store.

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Speaker 2: I was Arguably in twenty years Lafley wrote the most

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Speaker 2: usable business book I've ever seen, just brilliant.

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Speaker 3: Next, this stock got crushed novel Nordist named its head

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Speaker 3: of international operations as the CEO after slumping weight loss

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Speaker 3: drug sales. This led to a profit warning that wiped

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Speaker 3: out ninety three billion dollars off its market cap. So

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Speaker 3: this new appointment comes shortly after Novo slashed its financial forecast,

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Speaker 3: predicting this year's sales will grow just eight to fourteen percent.

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Speaker 3: The new CEO is Iranian, born with Austrian citizenship. He

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Speaker 3: grew up in the US and was start in his

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Speaker 3: new role August seventh. The past CEOs at Novo of

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Speaker 3: alban Danish and we're intertwined with the company prior to

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Speaker 3: taking over, two were actually sun and laws of previous

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Speaker 3: company leaders. So this is a bit of a welcome departure.

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Speaker 3: For the company.

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Speaker 1: The Stock Movers Report from Bloomberg Radio. Check back with

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Speaker 1: us throughout the day for the latest roundup of companies

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Speaker 1: making news on Wall Street and for the latest market

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Speaker 1: moving headlines. Listen to Bloomberg Radio, catch us on YouTube,

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