Bayer's Roundup, Estée Lauder, H&R Block: Stocks In Focus

Bayer (BAYN.DE) stock surged Friday morning after a US appeals court ruled in favor of the pharmaceutical and biotech giant in a legal battle over claims that the herbicide Roundup is linked to cancer.

Bank of America analysts downgraded beauty and skincare brand Estée Lauder's stock (EL) on consumer headwinds in China and the US.

H&R Block (HRB) shares are soaring after topping its fiscal fourth quarter earnings estimates.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

Transcripción del vídeo

We're taking a closer look at Yahoo Finance's trending tickers.

We've got Bayer, Estee Lauder and H and R Block.

We're doing it in 30 seconds or so each.

Let's go.

Bayer shares.

They're surging an appeals court ruling The pharmaceutical giant has limited ability for not putting a cancer warning on round up labels.

There, you're taking a look at shares of Bayer right now higher by 11% here.

And of course, the manufacturer of such things in including round up round up has been tied to some class action suits around its, uh uh Well, Bayer has been a round round up rather.

And so that's where the appeals court is really in favour.

Here, unfortunately, and then we're at time.

My gosh, Just put a timer up there anyway.

All right, well, let's move on to Estee Lauder, because this is a stock that's on the move here this morning.

We're looking at a downgrade from Bank of America.

The company is citing some weakness out of China.

Soft US demand as potential headwinds here as headwinds for the beauty company.

You're looking at losses of just about 1/10 of a percent now.

These are two issues that were brought up on the most recent earnings call here from Estee Lauder.

They actually cited some improvement in both of those areas.

But when it comes to the forecast and what they have been expecting, the expect organic sales to fall 1 to 2% compared with the previous estimate of a 1% decrease to a 1% increase.

So again, on the heels of that and maybe further deterioration in those businesses Bank of America at least seeing a reason to downgrade the stock, You met the number there.

All right, H and R block.

Yeah, I know.

I'm going to try here, too.

With H and R block, I promise.

H and R block shares rallying the tax preparation company reporting better than expected earnings in its four quarter report and hiking its dividend and stay tuned.

We're gonna be speaking to H and R Block CEO Jeff Jones in our show wealth at 11:15 a.m. You don't want to miss that.

That shouldn't count towards my time.

However, I will add this.

They said that in addition, today's announcement of a 17% dividend increase plus new $1.5 billion share repurchase authorization, reflecting the support of their strategy and confidence in the future.

Now that