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☆ This biotech startup has a chance to grab a piece of the lucrative obesity drug market, analysts say
▼ + stars: | 2023-02-28 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +3 min

Enter biotech startup Structure Therapeutics , which is hoping to change that regimen with oral GLP-1 formulations for obesity and type 2 diabetes treatment. The stock rallied 73% in its first day of trading, but has pulled back in the weeks since its debut. Novo Nordisk's Wegovy and Ozempic are currently on the market and approved to treat obesity and type 2 diabetes. BMO was among the group of investment banks acting as joint book runners for Structure's IPO. (Jefferies was the lead book runner in Structure's IPO.)

☆ The pullback in this high-quality edtech stock could be opportunity for investors
▼ + stars: | 2023-02-24 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +7 min

Knoblauch raised his price target to $27 from $21, saying the stock's underperformance so far this year is an opportunity. Last year, PowerSchool's stock outperformed its edtech peers by a wide margin. Demand for PowerSchool's products are largely driven by the growth of school budgets, which are recession-resilient. The international opportunity Thill said it's early days for PowerSchool's international expansion, and it's one of the reasons he's positive on the stock in the long term. We're particularly optimistic regarding the company's persona-based cloud bundles and international opportunity.

☆ We're having loyal Costco shoppers share their grocery lists with us. Here are their favorite things to buy there.
▼ + stars: | 2023-02-21 | by ( Business Insider | ) www.businessinsider.com time to read: +36 min

Read Abigail Abesamis Demarest's full Costco shopping list: I've shopped at Costco for over 10 years. AdvertisementRead Lisa Tanner's full Costco shopping list: I'm a mom of 10 who's shopped at Costco for almost 20 years. Read Tara Zeller's full Costco shopping list: I drive 4 hours and spend $500 for every Costco trip. AdvertisementRead Majed Kassis' full Costco shopping list: I run a Costco fan account with over 390,000 followers. Read Rachel MacPherson's full Costco shopping list: I'm a personal trainer who shops for a family of 6 at Costco.

Persons: —, Abigail Abesamis Demarest, Demarest, chia, Read Abigail Abesamis Demarest's, I've, Alicia Diaz, Diaz, Kirkland, Alicia Diaz's, Lisa Tanner, Orville, Tanner, Rice, Lisa Tanner Tanner, Read Lisa Tanner's, who's, Tara Zeller, Zeller, Tara Zeller Zeller, Tara Zeller Costco, Read Tara Zeller's, Kassis, fryer, Majed, Candace Nelson, Candace Nelson Nelson, Nelson, Read Candace Nelson's, Salma Hamze, Salma Hamze Hamze, Read Salma Hamze's, Dana Engelbert, Dana Engelbert Engelbert, Engelbert, Read Dana Engelbert's, Gemma Acheampong's, Gemma Acheampong, Acheampong, Gemma Acheampong Costco, Read Gemma Acheampong's, Lizzy Briskin, Lizzy, Briskin Chock, Briskin, Lizzy Briskin's, Jordan Kuntz, Ina Garten, Change's microwavable, Read Jordan, Olivia Yi, Pesto, Olivia Yi Yi, Genovese, Olivia Yi Kirkland, Yi, Read Olivia Yi's, Rachel MacPherson, Rachel MacPherson Costco, MacPherson, Read Rachel MacPherson's, Chelsea Schnyer's, Chelsea Schnyer Schnyer, Chelsea Schnyer, margarita, Schnyer, Lou's, Read, Savannah, Frierson Frierson, Fry, Gabriella Sorrento, Gabriella Sorrento Sorrento, Read Gabriella Sorrento's, Elizabeth Blasi, Blasi, Read Elizabeth Blasi's, Alana Al, Hatlani, Benedict, Meredith Ochs, Meredith Ochs Ochs, Ochs, Meredith Ochs Kirkland, They're, Read Meredith Ochs, Veronica Thatcher, Read Veronica Thatcher's, Molly Allen, Allen, Read Molly Allen's, Janice Costa, Janice Costa Costa, She's, Costa, Read Janice Costa's, Karlin, Karlin Krishnaswami Krishnaswami, she's, Karlin Krishnaswami, they're, Read Karlin, Lindy Vogel, Vogel, Lindy Vogel's, Dominic Bucca, Dominic Bucca Bucca, Bucca, Read Dominic Bucca's Organizations: Costco, Service, Abigail Abesamis Demarest Costco, Starbucks, Kirkland, Kuntz, Chelsea, Read, Costa, Alaska Omega Locations: New York, Thai, They're, veggies, Ghanaian, mayo, Chelsea, Savannah, Alaska, Maldon

☆ Goldman sees another robust year for spinoffs. How to spot those that will outperform
▼ + stars: | 2023-02-21 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +5 min

In a research note published last week, Kostin updated that study to look at the track records of more recent spinoffs, completed over the past two years. "However, while 11 of the 20 spinoffs completed during 2022 outperformed the S & P 500 since transaction completion, only six of the spinoffs outperformed their parent entities." The largest completed deal in 2022 was General Electric' s spin off of GE HealthCare , a $26 billion business. The next largest completed deal last year was Intel's spinoff of Mobileye , which wrapped up on Oct. 26, 2022 . In 2021, the value of the completed spinoffs hit $112 billion, and included Dell's spinoff of VMWare , the largest deal at $57 billion.

☆ M.D. Sass is betting big on these out-of-favor stocks, expecting growth, recession or not
▼ + stars: | 2023-02-18 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +6 min

"Myself and the team really did a lot of introspection," Sass recalled, in an interview with CNBC. Sass Concentrated Value portfolio, which the younger Sass manages. By limiting the number of stocks, Sass said he can do extensive due diligence and research into each of the companies it owns. The goal is to find value in underappreciated companies that are in the midst of a transformation that will accelerate growth and ultimately lead to a boost in a stock's value. 'Digging under rocks' To place his bets, you won't see Sass looking strictly at a stock's price-to-earnings multiple.

☆ Why the Super Bowl still matters: Football is 'the glue' holding network TV together
▼ + stars: | 2023-02-11 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +3 min

And it came on top of a 9% bump in viewership during the 2021-22 football season, he said. Nathanson said the NFL is the biggest single driver of network ratings — and ultimately advertising dollars — during the fall TV season. "Sunday Night Football" is aired on NBC, while Disney, which owns ESPN and ABC, has the rights to show "Monday Night Football." Amazon has the rights to "Thursday Night Football" through 2033 . All this is to say, that there is a reason why advertisers still care about putting their commercials on during football games.

Bob Berg | Moment Mobile | Getty ImagesIn a fragmented media landscape, events like the Super Bowl are prized by advertisers for the exposure they offer. These commercials are an institution in and of themselves, with the ads generating conversation for weeks ahead and days after the big game. Consumers might recall well-crafted Super Bowl ads years after their debut. So does Super Bowl exposure truly help boost business? It drove so many viewers to Coinbase's app that it crashed on the night of the Super Bowl.

☆ 36 Hours in New Orleans
▼ + stars: | 2023-02-09 | by ( Richard Fausset | Richard Fausset Is A New York Times National Correspondent Who Grew Up In New Orleans. | ) www.nytimes.com time to read: 1 min

Grab a biscuit UptownThe six-mile commercial corridor of Magazine Street is a glorious mish-mash of retail shops, art galleries and good places to eat, with surprises on nearly every block. For breakfast Uptown, stop in for a flaky cheddar-and-chive biscuit ($4.75) at La Boulangerie , a New Orleans take on a classic French bakery with a happy thrum on Saturday mornings. arts underground. Shawarma On The Go , inside a Jetgo gas station, is notable for its Lebanese iced tea with pine nuts. Crunchy, cold, aromatic and savory-sweet, the drink is a local spin on a traditional Lebanese drink called jallab.

☆ The tater tot trade: Domino's new menu item should boost this potato play, Bank of America says
▼ + stars: | 2023-02-08 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Lamb Weston, whose shares have already risen about 11% in 2023, stands to benefit from the Domino's move, Bank of America said. It's the largest manufacturer of frozen potato products in North America with a 43% market share. A new addition to the menu at Domino's Pizza's could translate into big gains for shares of potato producer Lamb Weston , according to Bank of America. Bank of America expects that to increase with Domino's tater tots launch, adding that tight potato supply and limited capacity growth supports a "longer-term bull case" for Lamb Weston earnings. Galbo estimates the tater tots could lift Domino's retail sales by about 2% in their first year.

☆ Stocks making the biggest moves after hours: Disney, Mattel, Wynn Resorts, Affirm and more
▼ + stars: | 2023-02-08 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Disney — Shares of the entertainment company rose more than 6% after the company released its fiscal first-quarter earnings report. Robinhood — Shares rose 5% after Robinhood missed revenue expectations in its latest earnings report. Analysts called for per-share earnings of $1.83 on revenue of $4.59 billion, according to FactSet. Although the company reported $1 billion in revenue for the latest quarter, compared to analysts' expectations of $958 million, according to Refinitiv. MGM beat analysts' estimates on fourth-quarter revenue, posting $3.59 billion compared to the $3.35 billion expected by Wall Street, according to Refinitiv.

☆ I tried 25 of Trader Joe's award-winning foods, and would buy at least 21 of them again
▼ + stars: | 2023-02-07 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +42 min

I hit up my local Trader Joe's and bought as many award-winning foods as I could to see which ones deserved their hype. In other words, I agree with the many customers who have dubbed this their favorite Trader Joe's snack. As long as I live within reasonable driving distance of a Trader Joe's, I will continue to buy this loaf. Trader Joe's butter chicken with basmati rice is a satisfyingly spicy comfort meal for oneTrader Joe's butter chicken with basmati rice had a delicious sauce. Trader Joe's cheddar with caramelized onions offers a memorable balance of savory, salty, and sweetThe cheddar smelled like caramelized onions.

Persons: —, Monterey Jack, burrito, Savanna, Wilson, didn't, I've, It's, Joe's, I'm, they're, chorizo, I'd, Butter, they'd, Joe's cashiers, who's, fryer, Swain Wilson Organizations: Service, of Fame, Business, I'd, Wilson, panini Locations: Monterey, Monterey Jack, skillet, Savanna, Peru, treacly, San Francisco

☆ Shake Shack unveils fine dining-inspired white truffle menu: 'It's something nobody else could do the way we could'
▼ + stars: | 2023-02-06 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

"We thought it was something that nobody else could do in the way we could do it," Shake Shack chief marketing officer Jay Livingston tells CNBC Make It. Starting Feb. 10, Shake Shack restaurants nationwide will be offering a trio of items made using white truffle: a beef burger, a mushroom burger and fries served with white truffle sauce. Shake Shack is no stranger to introducing limited edition menu items, but the burger chain's latest offering may be its most luxurious creation yet. The company worked with luxury food importer Regalis Foods to come up with a way to incorporate white truffle into its menus without asking customers to break the bank and also avoiding the artificial flavors that cheaper truffle oils use. Shake Shack will offer the menu for about three months, though Livingston noted that availability will ultimately be decided by customer demand.

☆ Nordstrom could use an activist, but Ryan Cohen might not be the right one
▼ + stars: | 2023-02-03 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +6 min

Activist investor Ryan Cohen is building a stake in the department store chain as he looks to shake up its board, people familiar with the matter told CNBC. Tritton had once worked at Nordstrom, and Cohen thinks this makes him "conflicted and unqualified" to serve, the Journal report said. JWN 1D mountain Nordstrom shares surged after a report says Ryan Cohen is building a stake in the department store chain. 'Begs for an activist' The department store business hasn't been an easy one as shoppers buy more goods online or look to avoid large malls. The analyst also recalled that El Puerto de Liverpool, a Mexico City-based department store operator, holds a 10% stake in Nordstrom.

☆ Stocks making the biggest moves after hours: Apple, Amazon, Ford and more
▼ + stars: | 2023-02-02 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

Here are the notable stocks making moves after hours on Thursday, Feb. 2. Apple — The consumer tech stock tumbled 4% in extended trading after the company reported weaker-than-expected results for its fiscal first quarter. The company reported $1.88 in earnings per share on $117.15 billion of revenue. Amazon reported $149.20 billion in revenue for the quarter, above the $145.42 billion expected, according to Refinitiv. The company reported a 2% decline in comparable transactions year over year, thanks in part to weakness in China.

☆ Eli Lilly investors spooked by weak Mounjaro sales, but it's the obesity drug approval that will unlock its value
▼ + stars: | 2023-02-02 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +5 min

Lilly said slightly more than 50% of commercial and Part D subscribers have access to the drug via their insurance plans. But new classes of weight loss medications are helping to change this mindset. Still, legislation will be necessary to get coverage of Mounjaro for obesity and overweight treatment by Medicare plans. By law, these plans are banned from paying for weight loss medications. Wegovy and Mounjaro One encouraging sign: Lilly competitor Novo Nordisk has gained access to more than 80% of insurance company formularies for their obesity treatment, Wegovy.

☆ I followed Nancy Pelosi's diet of breakfast ice cream and hot dogs for a week, and I ping-ponged between euphoria and the depths of despair
▼ + stars: | 2023-01-31 | by ( Sophie Kleeman | ) www.businessinsider.com time to read: +22 min

My research found that Pelosi eats ice cream for breakfast, hot dogs for lunch, pasta, and chocolate. Chocolate ice cream for breakfast, rich and creamy pasta, and lots of snacking chocolate. She claims she does not exercise; her daughter once arrived home to find her mother eating chocolate ice cream while using a stationary bike. I save the ice cream for later to avoid a massive sugar crash and start out with a cup of black tea instead. However, I don't want to slack off after the ice cream episode, so I slather it on.

☆ These are Trader Joe’s customer’s favorite items
▼ + stars: | 2023-01-29 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +4 min

New York CNN —Trader Joe’s asked its customers a simple question: If you were to spend the rest of your life on a deserted island, which nine Trader Joe’s products would you take with you? The first Trader Joe’s opened in Pasadena, California, in 1967. Rolled Corn Tortilla Chips Chili & Lime Trader Joe'sSee the all-time favorites included in Trader Joe’s Hall of FameThe chips also won in the poll’s favorite snack category. Top EntreeReplacing the longtime Mandarin Orange Chicken is Trader Joe’s Butter Chicken – spiced chicken in a tomato and cream sauce with basmati rice. Indian is popular with Trader Joe’s customers.

☆ I used to work as a chef in Philadelphia. Here are the 12 restaurants I always recommend to first-time visitors.
▼ + stars: | 2023-01-28 | by ( Grace Kennedy | ) www.businessinsider.com time to read: +11 min

I'm a Philadelphia native who used to work as a chef and baker in restaurants around the city. Philadelphia is known for its cheesesteaks, but it also has great Mexican, Italian, and Thai food. There are too many restaurants in Philadelphia worth trying to list them all here. However, these 12 restaurants are my tried-and-true favorites that every first-time visitor should try during a trip to Philadelphia. In my opinion, it serves some of the best Thai food in the country.

☆ My family of 4 spent $600 a night at Disney's Beach Club Resort, and it's one of our favorite hotels
▼ + stars: | 2023-01-28 | by ( Kari Becker | ) www.businessinsider.com time to read: +8 min

My family of four stayed in a club-level suite at Disney's Beach Club Resort for $600. Themed after a New England-style beach resort, it's located in the Epcot area around Crescent Lake, our favorite resort area to stay in. Here's a look at our recent stay in a club-level suite and why Beach Club has become a top pick for my family. Beach Club is a great resort for groups of all sizesWe'll definitely be returning to Beach Club. After this trip, it's fair to say that Beach Club is one of my family's favorite hotels.

☆ Trader Joe's revealed its annual list of customer favorites—here are the top 8 products of 2023
▼ + stars: | 2023-01-25 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

For the 14th year in a row, supermarket chain Trader Joe's has released its Customer Choice Awards, spotlighting the products that its famously loyal shoppers love the most. The current reigning champion at Trader Joe's is the Chili & Lime Flavored Rolled Corn Tortilla Chips, which the supermarket's copywriters describe as "spicy, ire-zest-tible little scrolls made from stone ground corn masa." These were inducted into the newly created Trader Joe's Product Hall of Fame. They include the Mandarin Orange Chicken, Dark Chocolate Peanut Butter Cups, Peanut Butter Filled Pretzel Nuggets, Unexpected Cheddar and Soy Chorizo. These are Trader Joe's customers' eight favorite products this year and how much they cost.

☆ In a water-scarce world, the Xylem-Evoqua deal makes sense. Why some think it's too expensive
▼ + stars: | 2023-01-23 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +5 min

Evoqua shareholders will receive 0.480 Xylem shares, or about $52.89, for each one they own. That's a 29% premium to where Evoqua shares closed on Friday. Evoqua shares jumped 14% on the news, but Xylem shareholders are balking at what they see as a pricey deal. XYL 1Y mountain Xylem shares sell off in the wake of Evoqua deal That's one of problems Raymond James analyst Pavel Molchanov raised. Trading in Evoqua shares doesn't appear to indicate expectations of a competing bid surfacing, and some analysts have said they didn't expect one,.

☆ Fact Check-Online claims about nutritional table lack context
▼ + stars: | 2023-01-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +6 min

Food Compass has not been endorsed or promoted by the NHLBI or the government departments responsible for developing nutrition guidelines. TUFTS’ FOOD COMPASSThe Food Compass was developed by researchers at the Friedman School of Nutrition Science and Policy at Tufts University (bit.ly/3ZSHEUC). The Tufts team addressed claims about the graphic shared online in the Frequently Asked Questions section of its Food Compass website (here). “These graphs were created by others to show these exceptions, rather than to show the overall performance of Food Compass and the many other foods for which Food Compass works well. But, as objective scientists, we accept constructive criticism and are using this to further improve Food Compass,” the statement added.

☆ How Scripps News, the streaming and broadcast network formerly known as Newsy, is pivoting to anti-partisan, 'fact-based' reporting
▼ + stars: | 2023-01-19 | by ( Claire Atkinson | ) www.businessinsider.com time to read: +9 min

Streaming and broadcast news network Newsy has been rebranded as Scripps News. The network formerly known as Newsy has a presence on TV stations owned by Scripps and its ION Media stations and is accessible via free over-the-air digital antenna and several streaming platforms — including Roku, Amazon Fire and Apple TV. The company, which pulled Newsy from cable packages in 2021, boasts that Scripps News offers the only free 24/7 national news broadcast. Scripps News is also absorbing scores of executives from a national desk that fed the company's 61 local stations. Its local stations pulled in $208 million in ad revenue thanks to the midterm elections.

☆ Cheddar News pushed its anchors to think and act like influencers, insiders say, with some on-air hosts hiring agencies at their own expense to boost their social-media followings
▼ + stars: | 2023-01-18 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

Cheddar News was founded with the vision of taking on business news big dogs like CNBC. But the vision has been beset by staff defections, complaints of low morale, and editorial red flags. Some on-air talent felt "pressure" to act like social-media influencers, Insider's reporting showed. Sign up for our newsletter to get the news, trends and strategies that advertising and media pros want to know — delivered weekly to your inbox. An Altice spokesperson said in an emailed statement earlier this month that there were "inaccuracies" in Insider's reporting, but did not provide specifics.

☆ Here's where to look for the next developments in the fight against Alzheimer's disease
▼ + stars: | 2023-01-17 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +10 min

The Centers for Disease Control and Prevention estimates 5.8 million Americans were living with the disease in 2020 . BIIB 6M mountain Biogen's stock is trading well above its lows Leqembi treats Alzheimer's disease by targeting amyloid-beta plaques in the brain. Attention shifts to Eli Lilly Shares of other Alzheimer's drug developers have often mirrored Biogen's moves. Small drug developers Smaller Alzheimer's drug developers have also been boosted by research developments. Still in an early stage of its research, Prothena has traded as a proxy for developments in Alzheimer's treatment.

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