Bloomberg News and Videos — Page 608

On this episode of Stock Movers with Alexis Christoforous: - Shares of The Campbell's Company (CPB) edged higher ahead of the US market open after the canned soup maker reported adjusted earnings per share for the third quarter that beat the average analyst estimate. - Eli Lilly (LLY) shares gained in the early session following obesity drug presentations at the American Diabetes Association conference. Citi analysts say their conviction on Lilly is firmly intact, given the company's incretin portfolio is "not built around singular blockbusters." - Shares of Marvell Technology (MRVL) and Flex (FLEX) are rising in premarket trading as the companies are set to replace Pool Corp. and Campbell's in S&P 500 before the market open on June 22, S&P Dow Jones Indices says in emailed statement.

International Airlines Group (IAG) CEO Luis Gallego speaks to Bloomberg at the International Air Transport Association (IATA) conference on the growing consumer market in Asia and consolidation in Europe.

Air New Zealand CEO Nikhil Ravishankar says the airline will cut some flights due to rising fuel costs. The national carrier has raised prices and cut costs as New Zealanders defer non-essential spending, including travel. He speaks to Bloomberg's Guy Johnson at the IATA  annual general meeting in Rio de Janeiro.

Embraer CEO of Commercial Aviation Arjan Meijer speaks to Bloomberg at the International Air Transport Association (IATA) conference on rising costs, continued demand and tariffs impact within aviation.

Etihad Airways CEO Antonoaldo Neves speaks to Bloomberg's Guy Johnson at the International Air Transport Association (IATA) conference in Rio de Janeiro. He says the carrier is discounting tickets by keeping fares at a stable level despite the 70% jump in fuel costs. Neves also talks about securing delivery dates for new aircraft from Boeing and Airbus SE.

Delta Airlines President Peter Carter speaks at the International Air Transport Association (IATA) meeting about plans for Middle East investment saying that the region is a "strong growth market" and that the company will be partnering with Riyadh for the expansion.

Blackstone is looking to sell more than $2 billion of its stakes in private investment funds by bundling the exposure into bonds for investors. Sridhar Natarajan discusses the angst spilling into private equity on "Bloomberg Open Interest."

The International Air Transport Association (IATA) Director Willie Walsh says the air transport industry faces challenges, but is not in a crisis. He tells Bloomberg's Guy Johnson that the economic environment is "still positive." They spoke at the IATA annual meeting in Rio de Janeiro.

JetBlue CEO Joanna Geraghty speaks at the International Air Transport Association (IATA) meeting on JetBlue's future plans and potential consolidation, saying "never say never."

SpaceX is heading for the biggest IPO ever. Bloomberg's Bailey Lipschultz and Sridhar Natarajan join Bloomberg Open Interest to break down how Wall Street is preparing for the historic debut. Demand is already huge, but the real question is whether SpaceX's massive offering helps reopen the IPO market, or just makes it even harder for everyone else.