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☆ One of our best-performing stocks lately reports earnings this week. Here's what to expect
▼ + stars: | 2022-11-14 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +7 min

Overall, 77% of the 26 analysts who cover TJX rate the stock the equivalent of a buy, according to FactSet. Two big earnings themes When TJX releases fiscal 2023 third-quarter results after Wednesday's closing bell, it'll mark the first time the company will report earnings as a CNBC Investing Club name. TJX saw its pretax margin collapse to 0.3% during its pandemic-marred fiscal 2021, down from 10.6% in its prior fiscal year. Any indications of easing cost headwinds — especially on the freight side — should help support earnings growth into next year. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ What Cramer is watching Monday — two AMD upgrades, Microsoft hesitancy, Alzheimer's results
▼ + stars: | 2022-11-14 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Baird upgrades Advance Micro Devices (AMD) to outperform from neutral (buy from hold) and raises price target to $100 per share from $65. UBS goes to a buy from neutral as well and raises price target to $95 from $75. Oppenheimer cuts price target on Club holding Nvidia (NVDA) to $225 per share from $250. Credit Suisse analyst Scott Deuschle assumes coverage on Honeywell (HON) with a neutral rating and a $202-per-share price target. Good for Club holding Eli Lily (LLY) and Biogen (BIIB), which are each working on separate experiment treatments for the disease.

☆ Keurig Dr Pepper CEO Resigns Over Conduct-Code Violations
▼ + stars: | 2022-11-10 | by ( Colin Kellaher | ) www.wsj.com time to read: 1 min

Keurig Dr Pepper didn’t disclose details of the violations by Ozan Dokmecioglu but said they were unrelated to the company’s strategy, operations or financial reporting. Keurig Dr Pepper Inc. said Ozan Dokmecioglu , who took the helm of the beverage maker at the end of July, has resigned as president, chief executive and a board member over violations of the company’s code of conduct. The Burlington, Mass., company said Bob Gamgort , who has been serving as executive chairman since handing the reins to Mr. Dokmecioglu, has reassumed the CEO post.

☆ Levi's names Kohl's Michelle Gass as chief executive
▼ + stars: | 2022-11-08 | by ( ) www.reuters.com time to read: 1 min

Nov 8 (Reuters) - Levi Strauss & Co (LEVI.N) on Tuesday named current Kohl's Corp (KSS.N) Chief Executive Officer Michelle Gass as its next CEO, replacing Chip Bergh. Gass will leave Kohl's in December to become president of Levi's and will report to Bergh before taking over as chief executive within the next 18 months. Kohl's said Tom Kingsbury, a director on the department store chain's board and former Burlington Stores Inc (BURL.N) chief executive, will serve as interim CEO from Dec. 2. Kohl's shares rose 11% in premarket trading, after it also forecast better-than-expected third-quarter earnings. Reporting by Uday Sampath in Bengaluru; Editing by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ 3 takeaways from our daily meeting: Oil in focus, Club names in the news, Disney earnings
▼ + stars: | 2022-11-08 | by ( Krystal Hur | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Oil in focus Quick mentions: TJX, NVDA, EL DIS earnings 1. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

☆ Levi Strauss CEO says company's search for new leader got help from unlikely source
▼ + stars: | 2022-11-08 | by ( Melissa Repko | ) www.cnbc.com time to read: +1 min

As Levi Strauss & Co. searched for its next leader, it got help from a surprising source. Levi CEO Chip Bergh said pressure from activist investors prompted Kohl's CEO Michelle Gass to consider the job. On Tuesday, Levi announced that Gass will join the company in January as president and become chief executive within 18 months. "She's been through the wars," Bergh told CNBC. Gass has led an embattled Kohl's, which has rebuffed repeated attempts by activist investors to push her out.

☆ Republican Rep. Mariannette Miller-Meeks faces off against Democratic state Rep. Christina Bohannan in Iowa's 1st Congressional District election
▼ + stars: | 2022-11-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Rep. Mariannette Miller-Meeks is running against Democratic state Rep. Christina Bohannan in Iowa's 1st Congressional District. IA-03 HouseRepublican Rep. Mariannette Miller-Meeks faces off against Democrat Christina Bohannan in Iowa's 1st Congressional District. Iowa's 1st Congressional District candidatesDon't say your vote doesn't cout: Miller-Meeks, first elected in 2020, won the election by just six votes after a recount. Bohannan, Miller-Meek's challenger, currently represents the 85th District in the Iowa House of Representatives. Voting history for Iowa's 1st Congressional DistrictIowa's 1st Congressional District covers most of central and southeastern Iowa and includes Iowa City, Davenport, Pella, and Burlington.

☆ The "ultimate buy-and-hold" investment fund that hasn't changed its strategy since 1935 is crushing 94% of competitors this year. Here are its top 10 holdings — and how it's beating the bear market.
▼ + stars: | 2022-10-28 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

The Voya Corporate Leaders Trust Fund is the "ultimate buy and hold," says manager Christina Bargeron. The fund hasn't changed its strategy since 1935 — yet it's still outperforming 94% of competitors. Christina Bargeron may be the client portfolio manager of the Voya Corporate Leaders Trust Fund, but she won't take credit for its outrageous outperformance this year. So far this year, the Voya Corporate Leaders Trust Fund is down just 2%, compared to the average 9% decline among other funds in its category. The widespread Depression-induced distrust of banks also ensured that no financial firms made their way into the Voya Corporate Leaders Trust Fund.

☆ Wells Fargo upgrades Ross Stores, calls stock one of the 'best ways' to play off-price retail
▼ + stars: | 2022-10-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Ross Stores is one of the best ways investors can get in on the off-price retail trade, Wells Fargo said. Analyst Ike Boruchow upgraded the stock to overweight, saying in a note to clients Tuesday that he sees upside to Wall Street's estimates ahead. Boruchow expects improving fundamentals across the off-price sector due in part to growing inventory availability as consumers trade down. "Simply put, we believe BURL and ROST are the best ways to play our bullish off-price thesis," he wrote, calling both companies "better recovery stories." Boruchow upped Wells Fargo's price target on Ross Stores to $110 from $90 a share, suggesting the stock could rally 26% from Monday's close.

☆ Keurig Dr Pepper Poaches Vista Outdoor Finance Chief
▼ + stars: | 2022-10-24 | by ( Colin Kellaher | ) www.wsj.com time to read: +1 min

Keurig Dr Pepper Inc. on Monday said it named Sudhanshu Priyadarshi chief financial officer, effective Nov. 14, plucking the executive from Vista Outdoor Inc.Keurig’s previous finance chief, Ozan Dokmecioglu, earlier the year succeeded Bob Gamgort as chief executive, and the Burlington, Mass., beverage company had said it was looking to recruit a new chief financial officer. Vista said Mr. Priyadarshi, who joined the Anoka, Minn., maker of sporting and outdoor products as chief financial officer in April 2020, will continue to fulfill his duties until his departure, including the release of the company’s fiscal second-quarter results. Vista said it has launched a formal search for a successor to Mr. Priyadarshi, adding that Andrew Keegan, currently vice president of finance and treasury, will serve as interim finance chief. Keurig said Mr. Priyadarshi, 45 years old, will receive an annual base salary of $850,000 and will be eligible for an annual bonus with a target of 80% of his base pay. Write to Colin Kellaher at Colin.Kellaher@wsj.comCopyright ©2022 Dow Jones & Company, Inc. All Rights Reserved.

☆ Keurig Dr Pepper Names New CFO to Fill Gap Left by Elevation of CEO
▼ + stars: | 2022-10-24 | by ( Kristin Broughton | Colin Kellaher | ) www.wsj.com time to read: +4 min

Keurig Dr Pepper Inc. hired a new executive to lead its finances after it promoted its former chief financial officer to the role of chief executive. In his new role, Mr. Priyadarshi will oversee Keurig Dr Pepper’s finance and information technology divisions. Keurig Dr Pepper is scheduled to report quarterly results on Thursday. Keurig Dr Pepper has said that acquisitions are a top priority for capital allocation. Keurig Dr Pepper Monday said Mr. Priyadarshi wasn’t available for an interview and declined to comment beyond its release.

☆ Union Pacific cuts volume growth forecast as worker shortage weighs
▼ + stars: | 2022-10-20 | by ( ) www.reuters.com time to read: +2 min

A Union Pacific rail car is parked at a Burlington Northern Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris HelgrenOct 20 (Reuters) - Union Pacific Corp (UNP.N) on Thursday cut its annual volume growth forecast despite a rise in third-quarter shipments, as the U.S. railroad operator struggles with worker shortages. "Inflationary pressures and operational inefficiencies continued to challenge us," Union Pacific Chief Executive Officer Lance Fritz said in a statement. The company trimmed its forecast for full-year volume growth to about 3% from 4%-5%, even after a 3% rise in the third quarter led by higher coal and renewables shipments. Excluding a $114 million charge from the tentative labor deal, the company posted a net income of $3.19 per share, ahead of Refinitiv IBES estimates of $3.06 per share.

☆ BofA says 'higher-for-longer' oil will boost stocks beyond energy — here are some of its picks
▼ + stars: | 2022-10-19 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

"The cut to oil production comes at a time when global inventories are already low and U.S. reserves are at levels not seen since the 1980s, pushing oil prices higher-for-longer," the bank's analysts wrote in an Oct. 17 note. They estimated that this could send oil prices to an average of $100 per barrel next year – 20% above consensus. Oil prices have been volatile this year, rallying following the Russia-Ukraine war before sliding on recession worries. But BofA is bullish on the sector, predicting that oil and gas stocks are set to benefit. "Sectors exposed to higher energy prices and the secondary implications are Oil & Gas, LNG, Utilities, Alt.

☆ Morgan Stanley's Mike Wilson flags a key risk to earnings — and names the stocks to avoid
▼ + stars: | 2022-10-17 | by ( Zavier Ong | ) www.cnbc.com time to read: +3 min

Morgan Stanley believes U.S companies are facing an inventory problem — and it's a key risk to earnings. "The problem with inventory is two-fold: supply chain bottlenecks are clearing while demand, especially demand for goods, is slowing," Morgan Stanley strategists led by Michelle Weaver and Mike Wilson wrote in an Oct. 10 note. Morgan Stanley believes the inventory problem has now become a risk to earnings, with oversupply and lagging demand likely to weigh on companies' margins. However, although a broad problem for the market and for goods producing industries in particular, not all industries are impacted to the same degree, according to Morgan Stanley. The bank found that tech hardware and consumer retail companies are among the most at risk from excess inventory.

☆ Bargain retailer TJX strategically placed to navigate a recession, JPMorgan says
▼ + stars: | 2022-10-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

TJX Companies (TJX) is competitively positioned to weather an economic slowdown, JPMorgan said Monday, underscoring the Club case for owning the off-price retailer. JPMorgan analysts added TJX — whose brands include T.J Maxx, Marshalls and HomeGoods — to their "Analyst Focus List," while reiterating an overweight rating and a Dec. 2023 price target of $80 a share. TJX stock, which is down about 13% year-to-date, was trading up more than 4% in midday trading Monday, at roughly $66.23 a share. That's helped to insulate the retail operator from a recession, JPMorgan analysts argued, and should allow management to make good on its promise to expand merchandise margins within the next three years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ How TJ Maxx and Ross discount their clothes by so much
▼ + stars: | 2022-10-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN Business —It’s a great time to be a closeout store like TJ Maxx. In July, they were sitting on $713 billion in inventory, according to the latest data from the Census Bureau. That’s a prime opportunity for “off-price” retailers such as TJX (TJX) – the parent of TJ Maxx, Marshalls and HomeGoods – as well as Ross (ROST), Burlington (BURL) and Ollie’s Bargain Outlet (OLLI). And if a designer changes the style or color of a dress, for example, off-price stores are happy to take it and sell it on the cheap. “We are seeing extraordinary off-price buying opportunities in the marketplace,” TJX CEO Ernie Herrman said in August.

☆ These 7 states have the least air pollution in the U.S.
▼ + stars: | 2022-09-24 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

That's good news for residents of several states, according to a new U.S. News and World Report analysis, which ranked all 50 states according to how polluted they are and the risk that pollution poses to their population's health. That ranking is consistent with other 2022 analyses: The American Lung Association (ALA) says Vermont's cities are among the cleanest by air quality in the country, and have low levels of the most harmful and widespread types of air pollution. The state's Burlington-South metro area in particular is one of only two U.S. cities that rank as the cleanest for the worst types of air pollution, which include particle pollution and ozone air pollution. In 2022, the ALA said the state's air quality got "mixed grades." Several pieces of research point to the state's poor air quality.

☆ North Carolina authorities searching for teen accused of killing high school freshman and ex-football player
▼ + stars: | 2022-09-21 | by ( Tim Stelloh | Tim Stelloh Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +2 min

A 17-year-old was accused of murder Tuesday in the deaths of two North Carolina high school students who vanished over the weekend and were found dead, authorities said. Woods was a freshman and Clark was a former football player at another high school west of Durham, their school districts said in separate statements. Orange County Sheriff Charles Blackwood said his investigators identified the suspect with the help of other law enforcement agencies. WRALMen riding four-wheelers found the bodies of Woods and Clark in western Orange County on Monday afternoon, the sheriff's office said. Woods was a ninth-grader at Cedar Ridge High School in Hillsborough, Orange County Schools said in a statement.

☆ Retailers have a serious inventory problem. Here are the stocks most at risk, according to UBS
▼ + stars: | 2022-09-21 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

UBS said the inventory problem at retailers is worse than investors are expecting, and identified some stocks that will be hardest hit. 2) The Street's 3Q and 4Q gross margin estimates look too high," analyst Jay Sole wrote in a note Wednesday. The findings are an ugly surprise for some investors who expected retailers would resolve inventory issues after the first quarter this year, according to UBS. "Since the industry's sales/inventory spread has deteriorated, we believe the industry's gross margin trend should deteriorate too in Q3. Kohl's inventory jumped at the end of the second quarter, up 48% from the end of the second quarter in 2021, because of lower sales.

☆ A 23-year-old, self-described 'Crypto King' reportedly had his Lamborghini, BMWs, and McLarens seized after investors sued him claiming he stole $35 million
▼ + stars: | 2022-09-21 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Aiden Pleterski, who calls himself "Crypto King," had $2 million of assets seized, CBC Toronto reports. Now, he's being sued by former investors in a bankruptcy proceeding and two civil lawsuits. The seized assets of the man, Aiden Pleterski, include his Lamborghini, two McLarens, and two BMWs, CBC Toronto first reported. A lawyer for Pleterski told CBC Toronto that Pleterski thinks the claims against him by former investors are "wildly exaggerated." In a meeting with creditors, Pleterski reportedly told them he was "very unorganized," and didn't keep records of his investments.

But that doesn’t mean that the freight railroads are providing good service to their customers. Many of the problems tangling up the supply chain, driving up prices and slowing the economy can be traced to the steady decline in freight rail service in recent years. “Railroads understand that service is not at the level customers expect or deserve. “”I’m told by a lot of our members that this has been the worst rail service year in their careers. For rail customers there is basically no alternative for the products they ship.

☆ Wonder where the economy is heading? Pay close attention to earnings
▼ + stars: | 2022-09-20 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +5 min

Economic bellwether FedEx (FDX) stunned Wall Street last week with a massive earnings warning and tepid outlook for the global economy. Still, investors remain nervous about the health of the railroad business, a sign of the jitters about the overall economy. Most of Corporate America operates on a calendar year schedule for earnings, which means they will report third quarter results in October. That would be the worst quarter for earnings since a 5.7% decrease in the third quarter of 2020, when the economy was reeling from Covid-imposed lockdowns. That adds to the risk that a global spike in rates will lead to a further slowdown in earnings, consumer spending and the overall economy.

☆ We're buying more shares of two companies, stepping off the sidelines in this down market
▼ + stars: | 2022-09-20 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

We're buying 25 shares of Danaher (DHR) at roughly $272.79 each. We're also buying 100 shares of TJX Companies (TJX) at roughly $63.04 each. Following Tuesday's trade, the Trust will down 950 shares of TJX, increasing its weighting in the portfolio to 2.13% from 1.91%. We're adding to our position in Danaher and buying back 25 shares we previously sold at higher levels. Danaher shares have fallen about 3.5%, or $10, since the company made these two announcements last Wednesday after the closing bell, compared to a roughly 2.9% decline in the S & P 500 .

☆ Unilever violating merger deal over Israel sale - Ben & Jerry's founders on MSNBC
▼ + stars: | 2022-09-19 | by ( ) www.reuters.com time to read: +2 min

Ice creams of Ben & Jerry's, a Unilever brand, are seen at their shop in London, Britain, October 5, 2020. REUTERS/Hannah McKay/File PhotoSept 18 (Reuters) - The founders of ice cream maker Ben & Jerry's said on MSNBC on Sunday that parent Unilever PLC (ULVR.L) is in violation of the 2000 merger deal over its sale of Ben & Jerry's business in Israel to a local licensee who could sell their products in the West Bank. "That agreement gave authority over the social mission to the independent board of Ben & Jerry's. Ben & Jerry's said earlier this month that it plans to amend its lawsuit challenging Unilever's sale of the Israeli business in Federal court in Manhattan. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Alden Bentley; Editing by Christopher CushingOur Standards: The Thomson Reuters Trust Principles.

☆ Drag performer, 25, dies mid-performance at Philadelphia bar
▼ + stars: | 2022-09-15 | by ( Alexander Kacala | ) www.nbcnews.com time to read: +3 min

A Philadelphia drag performer beloved by the local LGBTQ community died Monday night during a performance at a popular gay bar. Valencia Prime, 25, was performing at Tabu Lounge and Sports bar, in the heart of Philadelphia's Gayborhood, when she collapsed on stage, bar owner Jeffrey Sotland said. "We say goodbye to Valencia Prime but we will not forget the light you brought to the stage." Valencia Prime. According to Prime's Facebook page, she graduated from Delran High School in 2015 and later attended Rowan College at Burlington County in New Jersey and Temple University in Philadelphia.

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