Stock Movers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Delta (DAL) shares are higher after it reaffirmed its full-year profit guidance, citing strong demand for premium, corporate and international travel that helped offset the highest quarterly fuel expense in its history. The airline earned an adjusted $1.56 a share in the second quarter, topping analysts’ estimates, with revenue rising 14% from a year earlier and capacity increasing just 1%.
- Vodafone Group (VOD) is soaring after billionaire Xavier Niel became the telecom operator’s biggest shareholder by purchasing Emirates Telecommunications Group’s 16% stake at a premium.
- EasyJet (EZJ) shares are moving on news it received a fresh offer from Apollo Global Management for 715 pence a share, beating a rival proposal from Castlelake. EasyJet is "no longer minded to recommend the Castlelake proposal" and would be minded to recommend Apollo's bid to its shareholders, given that Apollo's £5.7 billion bid is superior to Castlelake's £5.5 billion offer.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares jump as much as 15% after the budget airline received a fresh offer from private equity firm Apollo that beats a rival proposal from Castlelake.
- Vodafone shares soar as much as 14% after its biggest shareholder agreed to sell its entire 16% stake in the firm to a vehicle controlled by billionaire Xavier Niel.
- Recruitment company Hays reported stronger-than-expected fourth-quarter fees. That result also lifted sector peers, with Randstad shares rising as much as 4.7%.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- EasyJet shares jump as much as 15% after the budget airline received a fresh offer from private equity firm Apollo that beats a rival proposal from Castlelake.
- ArcelorMittal shares rise as much as 5% after JP Morgan raised the recommendation on to neutral from underweight.
- St James’s Place shares fall as much as 7%, the most in more than five months, after a report that one of the wealth manager’s largest advice firms has decided to exit the g
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix raised $26.5 billion in its American depositary receipt offering, as the South Korean memory chipmaker powered through volatility to deliver the largest ever US first-time share sale by a foreign company.
- Hua Hong and other chinese memory stocks rose as strong preliminary earnings from Gigadevice and Micron’s planned expansion of US chip spending bolster optimism toward the sector.
- Japan’s finance minister called for the nation’s massive pension funds to increase investments in domestic assets, with Softbank being seen as one of the big gainers
See omnystudio.com/listener for privacy information.

On this episode of Stock Movers:
- Starbucks (SBUX) is developing in-house tools with the help of artificial intelligence that could replace some software applications it now buys from companies such as Microsoft (MSFT) and International Business Machines (IBM). Starbucks spends about $400 million a year on software alone, and building in-house software can be cheaper, an incentive for the company, which is looking to cut costs as part of a broader turnaround effort. Shares of Microsoft fell 2.4% and IBM sinking 5.2%.
- PepsiCo (PEP) shares are down 2% ahead of the bell after the company reported weaker-than-expected performance in domestic food and beverage categories for the second quarter. Management blamed “consumer budgets tightening due to rising inflationary pressures,” said and constant currency core EPS growth would be primarily weighted toward the fourth quarter, which some analysts say clouds visibility.
- Costco shares fall as much as 4.1%, to the lowest intraday since Jan. 9, after the club store operator’s June comparable sales missed Street expectations.
See omnystudio.com/listener for privacy information.