On this episode of Stock Movers:
- Worthington Steel, Klöckner signed business combination agreement, and Swoctem GmbH, Klöckner’s largest shareholder, committed to tender its 41.5% stake. Klöckner shares rose almost 30% at the open. 
- RBC Capital Markets upgrades Close Brothers Group to outperform from sector perform, noting the lender has “more fat” to trim on costs. The stock rose as much as 5.5%. 
- Delfin Sarl, the investment firm of the billionaire Del Vecchio family, denied it’s in talks with UniCredit SpA over potentially selling its 17.5% stake in rival lender Banca Monte dei Paschi di Siena SpA.

On this episode of Stock Movers: - Worthington Steel, Kl&ouml;ckner signed business combination agreement, and Swoctem GmbH, Kl&ouml;ckner&rsquo;s largest shareholder, committed to tender its 41.5% stake. Kl&ouml;ckner shares rose almost 30% at the open. - RBC Capital Markets upgrades Close Brothers Group to outperform from sector perform, noting the lender has &ldquo;more fat&rdquo; to trim on costs.&nbsp;The stock rose as much as 5.5%. - Delfin Sarl, the investment firm of the billionaire Del Vecchio family, denied it&rsquo;s in talks with&nbsp;UniCredit SpA&nbsp;over potentially selling its 17.5% stake in rival lender&nbsp;Banca Monte dei Paschi di Siena SpA.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

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

Stock Movers

Klöckner Jumps, Close Brothers Up, Monte dei Paschi Down. 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c05e1884-558a-4c61-a397-b3d4009bb6a2/transcript