Kenvue Soars on M&A; Dell and Iren jump on Deal; MMC Downgrade
On this episode of Stock Movers:- Kenvue (KVUE) is soaring while Kimberly-Clark (KMB) is lower on news Kimberly-Clark agreed to buy the consumer health company in a cash and stock deal at an enterprise value of about $48.7 billion. Kimberly-Clark shares slump as much as 16% before the bell. Kenvue holders to get $3.50 per share in cash and 0.14625 Kimberly-Clark shares per Kenvue share- Dell (DELL) is rising as Iren announced it signed a five-year GPU cloud services contract with Microsoft (MSFT) valued at about $9.7 billion, and that it also entered into a $5.8 billion agreement with Dell Technologies (DELL) to purchase GPUs and related equipment. Iren (IREN) is jumping on the news as well.- Marsh & McClenon (MMC) is lower after Bank of America Global Research cut the recommendation on Marsh & McLennan to underperform from neutral. The price target is set to $181, implying a 1.6% increase from last price.See omnystudio.com/listener for privacy information.
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Ryanair Dips, A2A Gains, Mercedes Rises
On this episode of Stock Movers:- Ryanair CEO Michael O'Leary struck a note of caution on UK taxes even as the airline beat earnings estimates and expects to exceed its passenger growth target for the full year.- A2A shares reached their highest since March 2008, as Morgan Stanley upgrades to overweight, saying the firm is an “under-the-radar” potential beneficiary of a data center build-out.- Mercedes shares rose after DZ Bank AG raised its recommendation on the German automaker from hold to buy.See omnystudio.com/listener for privacy information.
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BP Rises, Campari Group Down, Ryanair Dips
On this episode of Stock Movers:- BP agreed to divest stakes in US shale assets to Sixth Street for $1.5 billion as it seeks to shore up its balance sheet and win back investor confidence.- Campari Group shares fell after Italian prosecutors ordered the seizure of around €1.3 billion ($1.5 billion) in shares from the holding company that controls the drinks maker. - Ryanair CEO Michael O'Leary struck a note of caution on UK taxes even as the airline beat earnings estimates and expects to exceed its passenger growth target for the full year.See omnystudio.com/listener for privacy information.
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Weekly Roundup: Fiserv, Alexandria Real Estate, Chipotle Sink
On this episode of Stock Movers, we take a look at some of the week's biggest movers: Fiserv (FI) ended the week down nearly 47% after the fintech firm slashed its full-year earnings guidance. Chief Executive Officer Mike Lyons, who took the reins in February, said he discovered that Fiserv wasn’t going to be able to deliver on its previous promises to investors after he undertook a broad-based review of the business in recent months. Alexandria Real Estate (ARE) ended the week lower after the health-care REIT cut its adjusted FFO guidance for 2025 and posted 3Q results that fell short of expectations. Cantor Fitzgerald called the report “as tough as it gets.” Chipotle (CMG) ended the week down 23% after cutting guidance for the third time this year. The company saw a broad pullback in visit frequency across all income cohorts, though lower-income consumers were particularly strained. “The consumer slowdown is really affecting our business in a meaningful way,” Chief Executive Officer Scott Boatwright said in a call with analysts on Wednesday See omnystudio.com/listener for privacy information.
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with David Gura, Katie Greifeld, Tim Stenovec and Carol Massar.On this episode of Stock Movers: Netflix (NFLX) ends the day up 2.7% after the streaming giant’s board approved a ten-for-one forward stock split to reset its share price to a range that will be more accessible to employees in its option program. Amazon (AMZN) soars 9.6% after the e-commerce and cloud-computing company reported third-quarter results that beat expectations, with its Amazon Web Services (AWS) business especially strong. It also gave a positive forecast. Dexcom (DXCM) sinks 14.6% lower after the medical-equipment company gave a 2026 growth outlook that is seen as cautious, although many analysts view it as conservative. See omnystudio.com/listener for privacy information.
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