On this episode of Stock Movers: 
- Anglo American rises as much as 8.5% in London, to its highest intraday level since Feb. 14, after the company agreed to merge with Canada’s Teck Resources, marking one of the biggest mining transactions in more than a decade.

- Monte Paschi has secured a majority stake in Italian lender Mediobanca, cementing a once-unthinkable €16 billion takeover that’s set to reshape Italian finance.

- Saab shares fall as much as 5.7% after Barclays initiated coverage of the Swedish defense company with an underweight rating, saying its stretched valuation and relatively small scale could mean downside to the stock price.

On this episode of Stock Movers: - Anglo American rises as much as 8.5% in London, to its highest intraday level since Feb. 14, after the company agreed to merge with Canada&rsquo;s Teck Resources, marking one of the biggest mining transactions in more than a decade. - Monte Paschi has secured a majority stake in Italian lender Mediobanca, cementing a once-unthinkable &euro;16 billion takeover that&rsquo;s set to reshape Italian finance. - Saab shares fall as much as 5.7% after Barclays initiated coverage of the Swedish defense company with an underweight rating, saying its stretched valuation and relatively small scale could mean downside to the stock price.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for five-minute conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Anglo American Surges, Monte Paschi Up, Saab Dips 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/758a39a5-6b40-47a4-b865-b35300883606/transcript

On this episode of Stock Movers:

- Blue Owl Capital (OWL) falls after the asset manager defended its recent sale of $1.4 billion of loans from three of its funds, arguing the transaction contained no backstops or hidden incentives. Blue Owl Co-President Craig Packer said the four institutions that bought the debt did so on an arm’s length basis, conducted their own due diligence, and received no special guarantees.

- Bumble (BMBL) soars after the online dating company forecast Ebitda for the first quarter that beat expectations. JPMorgan upgraded the stock to neutral, while analysts broadly noted that focus now shifts to upcoming product overhaul planned for later in the year. 

- Dollar General shares (DG) fall as the retailer gave underwhelming annual and long-term forecasts. The outlook is “conservative,” with the company seeing lower sales growth than last year, said Jennifer Bartashus, an analyst for Bloomberg Intelligence. “The business should be improving based on the strategies they are deploying.”
Shares of the retailer fell as much as 11%. The stock had surged more than 80% in the last 12 months.

On this episode of Stock Movers:
- Blue Owl Capital (OWL) falls after the asset manager defended its recent sale of $1.4 billion of loans from three of its funds, arguing the transaction contained no backstops or hidden incentives. Blue Owl Co-President Craig Packer said the four institutions that bought the debt did so on an arm&rsquo;s length basis, conducted their own due diligence, and received no special guarantees.
- Bumble (BMBL) soars after the online dating company forecast Ebitda for the first quarter that beat expectations. JPMorgan upgraded the stock to neutral, while analysts broadly noted that focus now shifts to upcoming product overhaul planned for later in the year.&nbsp;
- Dollar General shares (DG) fall as the retailer gave underwhelming annual and long-term forecasts. The outlook is &ldquo;conservative,&rdquo; with the company seeing lower sales growth than last year, said Jennifer Bartashus, an analyst for Bloomberg Intelligence. &ldquo;The business should be improving based on the strategies they are deploying.&rdquo; Shares of the retailer fell as much as 11%. The stock had surged more than 80% in the last 12 months.

Blue Owl Capital Drops, Bumble Soars, Dollar General Falls as Outlook Disappoints

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/98a3b0da-a353-428f-a6f0-b40b00fac0a9/transcript

On this episode of Stock Movers:

-Mosaic (MOS) shares rise. US fertilizer, energy and chemical stocks are rising on Thursday as the war in Iran and disruptions to the Strait of Hormuz tighten supply, raising prices. Airlines and cruise stocks are down as rising crude prices lift costs.

-United Airlines (UAL) shares fall. Jefferies analyst Sheila Kahyaoglu cut the target on United Airlines Holdings Inc. to $125 from $148. Maintains buy rating. Separately, airlines around the world are increasing fares and raising fuel surcharges as oil prices briefly send prices above $100 a barrel.

-Bumble (BMBL) shares soar after the online dating company forecast Ebitda for the first quarter; the guidance beat the average analyst estimate. JPMorgan upgraded the stock to neutral, while analysts broadly noted that focus now shifts to upcoming product overhaul planned for later in the year. 

On this episode of Stock Movers:
-Mosaic (MOS) shares rise. US fertilizer, energy and chemical stocks are rising on Thursday as the war in Iran and disruptions to the Strait of Hormuz tighten supply, raising prices. Airlines and cruise stocks are down as rising crude prices lift costs.
-United Airlines (UAL) shares fall. Jefferies analyst Sheila Kahyaoglu cut the target on United Airlines Holdings Inc. to $125 from $148. Maintains buy rating. Separately, airlines around the world are increasing fares and raising fuel surcharges as oil prices briefly send prices above $100 a barrel.
-Bumble (BMBL) shares soar after the online dating company forecast Ebitda for the first quarter; the guidance beat the average analyst estimate. JPMorgan upgraded the stock to neutral, while analysts broadly noted that focus now shifts to upcoming product overhaul planned for later in the year.&nbsp;

Mosaic Rises, United Airlines Drops, Bumble Soars as Upbeat Outlook Spurs Upgrade

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cdb2ab20-0344-4e66-98b6-b40b00efc933/transcript

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Bumble (BMBL) unveiled a new artificial intelligence-powered assistant designed to act as a personal matchmaker, the company’s latest effort to reinvigorate itself at a time when many users have shown dating-app fatigue.

- Dollar General (DG) shares fall after the retailer gave underwhelming annual and long-term forecasts after the stock’s 9.1% advance year-to-date through Wednesday’s close. 

- Petco (WOOF) shares soar as the pet health and wellness company’s adjusted Ebitda forecast for the first quarter beat the average analyst estimate. Jefferies upgrades rating noting that shares underappreciate the progress made thus far.  

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Bumble (BMBL) unveiled a new artificial intelligence-powered assistant designed to act as a personal matchmaker, the company&rsquo;s latest effort to reinvigorate itself at a time when many users have shown dating-app fatigue.
- Dollar General (DG) shares fall after the retailer gave underwhelming annual and long-term forecasts after the stock&rsquo;s 9.1% advance year-to-date through Wednesday&rsquo;s close.&nbsp;
- Petco (WOOF) shares soar as the pet health and wellness company&rsquo;s adjusted Ebitda forecast for the first quarter beat the average analyst estimate. Jefferies upgrades rating noting that shares underappreciate the progress made thus far. &nbsp;

Bumble's New AI Assistant; Dollar General Shares Fall; Petco Surges

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/b2c4a462-fd57-4ca4-9db0-b40b00db809b/transcript

Anglo American Surges, Monte Paschi Up, Saab Dips

In 1 playlist(s)

Stock Movers

Social links

Follow podcast

Recent clips