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>> The Stock Movers Report, your roundup of

companies making moves in the stock

market, harnessing the power of

Bloomberg data.

Let's take a look at some of the stocks

on the move today. We can do that with

Bloomberg's Vana Hierrick. Uh she joins

us here in our studio. Vonna, what are

you looking at?

>> Hi, good morning. Thanks for having me.

I'm looking at shares of Eli Liy. That's

sticker LL Y up some 4% today after the

company agreed to buy uh sleep drug

maker Santessa Pharmaceuticals in a deal

worth up to $7.8 billion. And this is

interesting to me because it's a sign

that the weight loss uh medication giant

is really looking to bulk up its

treatment pipeline for other conditions.

Uh Lily said it will pay $38 a share for

Cintessa uh plus another $9 a share if

uh some uh milestone targets are met. So

really interesting to sort of keep track

of what the weight loss the companies

that we know for weight loss drugs are

doing to uh stay competitive.

>> Yeah. And sleep is a huge business as

well. Let's stay with the M&A theme

because you've got another name for us.

Yes. Uh we were just talking about

McCormick uh ticker MKC which fell as

much as 10% today in earlier trading

down about 6% right now. Uh and as we

just heard, Unilver did agree to combine

its food business with the spice maker

in a $45 billion uh deal that will

essentially create uh global seasonings,

sauces, and condiments company. We know

that big food uh businesses like Unilver

have been struggling in recent years to

uh attract uh less wealthy consumers uh

sorry to to attract a number of

consumers in general because we know

less wealthy consumers have been pulling

back on on spending and choosing uh

cheaper store brands.

>> I've been doing it. I think you know a

lot of the products it's fine. Some

products I'm like now I'm going to go

back to the name brand but

>> like what?

>> Planters peanuts.

>> Okay. What the taste?

>> Yep. So, but everything a lot of other

stuff I'm like whatever. Luckily, we

have planters peanuts uh on at the

Bloomberg office.

>> Yes, we do. Yes, we do. I believe I know

that. So, um Okay. Uh here's something I

never got into back in the day, but it's

a thing. All birds.

>> All birds. A lot of people got uh into

it back in the day, including my husband

who bought so many pairs that we have

like three untouched pairs in in our

various closets. That's uh ticker B I R

D. shares of which are down some 3%

right now after American Exchange Group

uh said he was agreeing to buy uh all of

the assets and intellectual property of

the um what we're calling a once buzzy

footwear brand. Um and that deal is uh

worth some $39 million. Um and the

shoemaker said the deal is expected to

close in the second quarter. It still

needs shareholder shareholder approval.

Uh but it is interesting to me because

it had been known for uh you know being

sort of a a popular footwear brand that

um maybe lost some of its mojo.

>> The Silicon Valley guys really liked

those shoes, right? It was the Marino

wool sneakers.

>> You could wash them. I think you the the

you know you could wash them and that

was

>> there was no structure to it. It was all

kind of just floppy.

>> Yes, very floppy.

>> The Stock Movers Report from Bloomberg

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