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>> The Stock Movers Report, your roundup of

companies making moves in the stock

market, harnessing the power of

Bloomberg data. Well, let's take a look

at some stocks on the move today in

Europe. I'm Steven Carroll and I'm

joined by Bloomberg's breaking news

editor, Louise Moon. Louise, good

morning. Let's start with homebuilders

in the UK under pressure after the

latest house price data. You've been

looking at Barrett Redrow and others.

>> Yes, indeed. Um, all of them really

shares are lower. So, yeah, as you say,

Barrett Redrow, which is the UK's

largest house builder, um, also includes

Taylor Wimpy, Vistry, Berkeley Group,

Belway, Perman, all the main big names

um are down this morning. Losses are so

firstly I'll say this is on the back of

as you say um new data from right move.

So prices had surged in January and then

this latest data is for February and

showing that those house prices have

stalled. So they're pretty flat for

February. That's because of essentially

there's um so many properties on the

market that it's giving buyers more

bargaining power and so those prices are

kind of flatlining for this month. So

weighing on all of the stocks as a

whole, but then if we do also hone in on

Barrett Red, they're getting a bit of

extra uh bad news. losses are steeper

there. Um that's also because on in

addition to the to the right move data

um they've had a note from Pill Hunt.

They've been downgraded by Pill Hunt and

Deutsch Bank has cut their forecast and

price target as well for Barrett Red. So

a bit of a double whammy for them. But

yeah, the overall kind of sector news is

that um those prices have have stalled

in in February. And there was a just

want to note one interesting note from

an RBC analyst saying that um even

though the housing market has had a

relatively strong start to the spring

season, the secondhand market is giving

house builders a run for their money.

And he's saying one match doesn't decide

a season, but currently in 2026 it's

doer up as one new build nil. So there's

a little quote to end that section on

for you. But yeah, that's the current

state of the house market in in the UK.

>> Nice. and some good sporting analogies

as well. Let's turn to Nat West next.

Their shares are up by 4.2% today.

What's happened?

>> Yes, leading the Footsie 100 this

morning. That's as a couple of things.

Firstly, their buyback is kicking in.

That was previously announced for £750

million. That's starting today. And then

at the same time, City has also raised

their price target for Nat West. So,

they've raised their estimates for

pre-tax profit and EPS. Um this is after

now Westine has essentially had quite a

host of of good news. They had their

results I think it was last week. Um and

they came in very strong high net

interest income. Um overall it was very

strong and then on top of that about a

week before there was also the deal for

them to buy Evelyn Partners which is a

wealth manager. So pushing into the

wealth management space as they kind of

diversify their uh revenue streams. Um

and all of this is proving to be

positive uh as of yet and uh yeah city

has raised their price target on the

back of that. So a bit of a double

whammy for out west.

>> Okay, we're going to turn next to

Rosebank Industries. A stock not moving

because it's just been suspended in the

past few minutes. What's going on?

>> It has. Yeah, this is a bit of a

breaking story. So uh so Rosebanks is

obviously the company that's relatively

new set up by former Melrose Industry

executives. They're in advance talks to

buy two what what they've said is two

private equity owned US businesses and

this is for a headline enterprise value

of just over3 billion. They say that

will be funded through a combination of

an equity issue which will be about 1.9

billion pounds and then also new debt

facilities. So they released this press

statement about 10 minutes ago saying

that uh trading had actually already

been suspended because uh Sky broke the

news. So they had the report on this

potential deal. Sky have said uh that

the businesses they've named the

businesses or potential businesses as

being CPM and MW industries both US

listed. Rosebank haven't actually named

them but that's that was the the report

from Sky. So potentially big M&A deals

talks. They say they're in advance

talks. So whether or not it will come to

fruition we'll be we'll be watching. But

as you say yeah uh shares have actually

been suspended uh on the back of that.

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