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☆ 3 takeaways from our daily meeting: 2 retailers we like and a strategy update
▼ + stars: | 2022-11-22 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Sticking with Club stocks Buying more EL We like Costco here 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.

We are buying 40 shares of Estee Lauder (EL) at roughly $219.55 a share each. We have called Estee Lauder the single best way to play a China reopening. Estee Lauder gets about one-third of its sales from travel and its travel retail business is highly dependent on tourism in Asia. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. A sales assistant arranges lipsticks at an Estee Lauder store.

☆ Trump portrayed as a 'loser' by 2024 rivals courting his big donors at Las Vegas conference, report says
▼ + stars: | 2022-11-19 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Potential rivals for the 2024 GOP nomination wooed donors at the Republican Jewish Coalition's meeting. Donald Trump, who announced his 2024 run this week, is not attending the Las Vegas gathering in person. Former US Secretary of State Mike Pompeo speaks during a Republican Jewish Coalition Annual Leadership Meeting in Las Vegas, Nevada on November 18, 2022. WADE VANDERVORT/AFP via Getty ImagesChristie, another potential presidential prospect, reportedly highlighted Trump's political failures while dining with wealthy donors, AP reported. AP noted that big donors in attendance do not appear enthusiastic about backing Trump in 2024.

☆ A top economist breaks down why he's forecasting a 50% chance of recession next year
▼ + stars: | 2022-11-18 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

In a wide-ranging conversation, Moody's Analytics' Mark Zandi broke down his US recession forecast and how a looming housing correction differs from 2008. The way Mark Zandi sees it, the US is facing a 50% chance of a recession next year, but his baseline forecast actually sounds more optimistic than those odds. "I expect prices to be down 10% peak to trough, with no recession," he said. Bank of America analysts shared one area of the bond market that's set to deliver 13% returns in 2023. A recession presents an opportunity to build wealth as a real estate investor, Mike Zuber explained.

☆ What Cramer is watching Thursday — rates may go much higher, promising tech, and mixed retail
▼ + stars: | 2022-11-17 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Piper also likes Diamondback and Marathon , neutral on Club holding Coterra Energy (CTRA) and APA , formerly known at Apache. Multiple price target increases for Club holding TJX Companies (TJX). Canaccord starts Club holding Estee Lauder (EL) with a hold. Lowe's (LOW) price target raised to $253 per share from $248 at Piper, which liked the quarter. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ These are the hard lessons we learned this year — and what we got right
▼ + stars: | 2022-11-17 | by ( Paulina Likos | ) www.cnbc.com time to read: +6 min

First, let's look at three tough lessons we learned and how we managed through the turmoil. Second, we'll discuss three investments that were right for this market and challenged macroeconomic backdrop. If inflation doesn't cool enough, the Fed will likely remain hawkish, and if Bullard is right rates could end up much higher. When China last week reduced quarantine time for international travelers, Club holdings Estee Lauder (EL), Wynn Resorts (WYNN) and Starbucks (SBUX) got a boost. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Here's our November rapid-fire update on the stocks in Cramer's Charitable Trust portfolio
▼ + stars: | 2022-11-17 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +9 min

We think the stock has been hurt by a recent update to the company's reserve quantity. While we're big fans of the company's recent corporate governance cleanup , and we expect some near-term selling pressure associated with those efforts. (See here for a full list of the stocks in Jim Cramer's Charitable Trust.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ India's Tata to open 20 'beauty tech' outlets, in talks with foreign brands
▼ + stars: | 2022-11-16 | by ( Aditya Kalra | ) www.reuters.com time to read: +7 min

Tata is in talks with more than two dozen companies to supply exclusive products to the new stores, according to the person familiar with the strategy, who did not name specific brands. Tata declined to comment on its planned beauty stores and the contents of the document seen by Reuters. The store opening plans, still under wraps, follow the recent launch of Tata's beauty shopping app, called Tata CLiQ Palette. The stores will have a bright red facade showing Tata CLiQ Palette branding, with 70% of the products inside being skincare and make up, according to the Tata document. The new stores should drive "sales across channels as a leading Beauty Tech destination for Gen Z & Millennials," the Tata document says.

☆ Estée Lauder to Buy Tom Ford in $2.8 Billion Deal
▼ + stars: | 2022-11-16 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Estée Lauder plans to fund its acquisition of Tom Ford through a combination of cash, debt and $300 million in deferred payments. Estée Lauder Cos. will acquire Tom Ford in a deal valued at roughly $2.8 billion, building on a longstanding licensing agreement and marking the cosmetics giant’s largest-ever acquisition, executives said Tuesday. Estée Lauder prevailed in an auction for the high-end fashion label that drew competition from big names in luxury including Kering SA. The French company was poised to win the auction earlier this month, The Wall Street Journal reported.

☆ Estée Lauder Companies is buying Tom Ford in a deal worth $2.8 billion
▼ + stars: | 2022-11-16 | by ( Michelle Toh | ) edition.cnn.com time to read: +2 min

In a landmark deal announced Tuesday, Estée Lauder Companies (EL) said it was acquiring its longtime partner Tom Ford. The deal will allow two of Tom Ford’s current partners, Ermenegildo Zegna and Marcolin, to extend their existing licensing agreements, the companies said. Marcolin will continue making sunglasses and optical frames with the Tom Ford brand. Tom Ford and Estée Lauder have been partners for more than 15 years, launching the Tom Ford Beauty brand together in 2006. Estée Lauder Companies, which is home to other global beauty brands such as Clinique and Bobbi Brown, said Tuesday that it expected annual sales of Tom Ford’s cosmetics line to reach $1 billion “over the next couple of years.”“As an owned brand, this strategic acquisition will unlock new opportunities and fortify our growth plans for Tom Ford Beauty,” Estée Lauder Companies President and CEO Fabrizio Freda said in a statement.

☆ What Cramer is watching Wednesday — retail sales strong, Lowe's delivers, Estee Lauder love
▼ + stars: | 2022-11-16 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Revenue: $26.52 billion versus $26.38 billion expected. Revenue: $23.48 billion versus $23.13 billion expected. Oppenheimer raises Club holding Estee Lauder (EL) price target to $245 per share $230. Bofa also likes the deal and thinks it will give Estee Lauder $800 million to $1 billion in sales. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ 3 takeaways from our daily meeting: Mixed economic picture, sticking with energy, EL deal official
▼ + stars: | 2022-11-16 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +3 min

Here's a recap of Wednesday's key moments: 'Mixed picture' for stocks Energy still good EL's Tom Ford deal 1. 'Mixed picture' for stocks Markets edged lower Wednesday, with the S & P 500 down 0.54% and the tech-heavy Nasdaq Composite down 1.25% in midday trading. The moves come as Wall Street tries to make sense of a "mixed picture" for the economy, Jim Cramer said. "The mixed picture, I think, skews to the downside because of Target's really very negative message," Jim said. Patient on energy Energy was among the worst-performing sectors in the S & P 500 Wednesday, behind only consumer discretionary — which includes Target — and information technology.

☆ Trump ally, billionaire GOP megadonor Ronald Lauder won't back Trump's 2024 run for president
▼ + stars: | 2022-11-16 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

Then-President-elect Donald Trump shakes hands with Ronald Lauder, President of the World Jewish Congress, after a meeting on December 28, 2016 at Mar-a-Lago in Palm Beach, Florida. Billionaire and GOP megadonor Ronald Lauder won't help finance Donald Trump's 2024 campaign for president, his spokesman told CNBC on Wednesday. Lauder, an heir to the Estée Lauder fortune, is the latest Republican megadonor to distance himself from Trump as the former president launches a third bid for the White House. Lauder reportedly spoke to Trump while he was president about the idea of the U.S. buying Greenland. Though his spokesman did not say who Lauder will support in 2024, Florida campaign finance records show that the billionaire businessman donated $10,000 last year to a political action committee supporting Florida Gov.

☆ Inside the world of designer Tom Ford, set to become a billionaire in $2.8 billion Estée Lauder buyout
▼ + stars: | 2022-11-16 | by ( Jordan Hart | ) www.businessinsider.com time to read: 1 min

Estée Lauder and Tom Ford have inked the luxury industry's biggest deal of 2022 in a $2.8 billion buyout of the American designer's eponymous brand. "I could not be happier with this acquisition as The Estée Lauder Companies is the ideal home for the brand, " Ford said when the deal was announced this week. Tom Ford attends the 2018 Hammer Museum Gala In The Garden in Los Angeles, California. Michael Tran/FilmMagic

☆ Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

Nov 15 (Reuters) - Estee Lauder Cos Inc (EL.N) said on Tuesday it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand owner's portfolio. While Estee Lauder already sells Tom Ford beauty products and fragrances, the deal has raised some eyebrows on Wall Street. (https://reut.rs/3tqhWrK)As of Tuesday's close, Estee's stock fell 17% since the deal talks with Tom Ford were reported by the media in August. Tom Ford had entered into exclusive negotiations with Estee Lauder last week, beating competing bids from companies including Gucci owner Kering SA (PRTP.PA), the Financial Times reported on Friday. Chief Executive Officer Tom Ford will continue to serve as the brand's creative visionary.

☆ Estee Lauder to buy Tom Ford in $2.8 billion deal
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: 1 min

Nov 15 (Reuters) - Estee Lauder Cos Inc (EL.N) said on Tuesday it clinched a deal to buy U.S. fashion label Tom Ford for $2.8 billion in what would be its biggest acquisition. Shares of Estee Lauder, which already licenses Tom Ford fragrances and cosmetics, fell marginally in extended trading. Tom Ford entered into exclusive negotiations with Estee Lauder last week, beating competing bids from a number of other companies including Gucci owner Kering SA (PRTP.PA), the Financial Times reported on Friday. Reporting by Manya Saini and Granth Vanaik in Bengaluru; Editing by Shailesh Kuber and Maju SamuelOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves in the premarket: Walmart, Vodafone, Getty Images and more
▼ + stars: | 2022-11-15 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Take a look at some of the biggest movers in the premarket:Walmart (WMT) – Walmart shares surged 6.9% in the premarket after the retailer reported better-than-expected quarterly profit and revenue, and also saw comparable store sales exceed estimates. Vodafone (VOD) – Vodafone slid 4.1% in premarket trading after the mobile operator cut its earnings guidance and cash flow forecast, pointing to a challenging economic environment. Getty Images (GETY) – Getty Images slumped 11.8% in the premarket after its quarterly revenue fell short of Wall Street forecasts, although the visual content marketplace operator did see earnings top consensus. Energizer Holdings (ENR) – The maker of Energizer and Rayovac batteries saw its stock surge 10% in premarket action following better-than-expected quarterly results. Tencent Music (TME) – Tencent Music surged 9.7% in premarket action after reporting better-than-expected quarterly profit and revenue.

☆ 3 takeaways from our daily meeting: Investor discipline, EL acquisition, TJX earnings
▼ + stars: | 2022-11-15 | by ( Krystal Hur | ) www.cnbc.com time to read: +2 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Investor discipline EL to acquire Tom Ford TJX earnings ahead 1. EL to acquire Tom Ford The Wall Street Journal reported on Monday that cosmetics giant Estee Lauder (EL) is nearing a deal to purchase luxury fashion house Tom Ford for roughly $2.8 billion. We like Tom Ford as a prestige apparel brand, though that's not in Estee Lauder's wheelhouse of skincare and makeup. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ What the Club is watching Tuesday — more cooler inflation, Dow stock earnings, price target hikes
▼ + stars: | 2022-11-15 | by ( Matthew J. Belvedere | ) www.cnbc.com time to read: +4 min

Truist raises price target on Eli Lilly (LLY) to $421 per share from $400. Club holding Procter & Gamble (PG) price target cut to $130 per share from $140 at Credit Suisse. Mizuho cuts price target on Club holding Salesforce (CRM) to $225 per share from $235. Amazon initiated with an outperform (buy) rating at MoffettNathanson, with a price target of $118 per share. Bank of America double upgrades Netflix (NFLX) to a buy rating from a sell, with a price target of $370 per share.

☆ Consumers are looking to chocolate, Oreos, and Twinkies to 'not feel terrible all the time' — Hershey, Hostess, and Mondelez are cashing in
▼ + stars: | 2022-11-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Consumers are buying more chocolate and cookies as recession fears hang over the economy. But they are still buying smaller pleasures, including sweet treats like cookies and chocolate. Now, many of the same companies are seeing sales of chocolate, cookies, and other sweet snacks rise. "Our products remain an affordable treat for families and consumers," Michele Buck, the CEO of Hershey, told analysts on a call. While consumers cut back spending in many areas, such as travel, sales of lipstick actually grew.

☆ Estée Lauder Nears Deal to Buy Tom Ford, Edging Out Kering
▼ + stars: | 2022-11-14 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Estée Lauder warded off competition from Kering in its pursuit of the deal. Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to people familiar with the matter. Estée Lauder prevailed in an auction for the high-end fashion label that drew competition from big names in luxury including Kering SA. The French company was poised to win the auction earlier this month, The Wall Street Journal reported.

☆ Estée Lauder Nears Deal to Buy Tom Ford, Edging Out Kering SA
▼ + stars: | 2022-11-14 | by ( Lauren Thomas | ) www.wsj.com time to read: 1 min

Estée Lauder warded off competition from Kering SA in its pursuit of the deal. Estée Lauder Cos. is nearing a deal to buy Tom Ford for roughly $2.8 billion, building on a longstanding licensing deal and marking the cosmetics giant’s largest-ever acquisition, according to people familiar with the matter. Estée Lauder prevailed in an auction for the high-end fashion label that drew competition from big names in luxury including Kering SA. The French company was poised to win the auction earlier this month, The Wall Street Journal reported.

☆ Alibaba mum on Singles Day sales tally, says in line with 2021
▼ + stars: | 2022-11-12 | by ( Casey Hall | ) www.reuters.com time to read: +4 min

Singles Day growth this year had been widely predicted at flat to low single digits. Alibaba did not respond to requests for comment on its decision to avoid releasing figures on the 11-day sales event ended that ended on Friday. [1/4] A delivery worker sorts parcels at a makeshift logistics station ahead of Alibaba's Singles' Day shopping festival, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, November 10, 2022. REUTERS/Aly Song 1 2 3 4Consultancy Syntun on Saturday estimated Alibaba and other Chinese e-commerce firms holding Singles Day shopping events together logged 934 billion yuan in sales, up 2.9%. The company's Tmall marketplace offered Singles Day deals on more than 17 million products, 3 million more than last year, with a record-matching 290,000 brands participating.

[1/4] A delivery worker sorts parcels at a makeshift logistics station ahead of Alibaba's Singles' Day shopping festival, following the coronavirus disease (COVID-19) outbreak in Shanghai, China, November 10, 2022. REUTERS/Aly SongSHANGHAI, Nov 11 (Reuters) - Alibaba Group Holding (9988.HK) and other Chinese e-commerce firms holding Singles Day shopping events together logged a 4.7% decline in sales for the first 12 hours of the final day, a research firm said. Citi analysts said this week they were conservatively forecasting Alibaba's GMV for the event to range between 545 billion yuan and 560 billion yuan ($75 billion-$77 billion), growth of 0.9% to 3.6%. Yang Zengdong, 40, a teacher in Shanghai, said she had second thoughts about participating in Singles Day at all this year, but when the final sales period started on Thursday evening, she ended up purchasing about the same amount as last year. "I think it's something deep in the mind of Chinese people that if you don't buy on Singles Day, you are missing out on an opportunity," she said.

☆ Estee Lauder nears $2.8 billion deal to buy Tom Ford - FT
▼ + stars: | 2022-11-11 | by ( ) www.reuters.com time to read: +1 min

The luxury brand, founded by fashion designer Tom Ford, entered into exclusive negotiations with Estee Lauder this week and a deal could be announced as early as Monday, the FT reported. Estee Lauder and Tom Ford did not immediately respond to Reuters requests for comment. Earlier in August, the Wall Street Journal reported that Estee was in talks to acquire the luxury brand in what could be a $3 billion deal. The Journal later reported that French luxury group Kering(PRTP.PA) was also in advanced discussions to buy the fashion brand, competing with Estee. Tom Ford is known for its menswear, but also counts women's apparel, handbags, cosmetics and perfumes as part of its product line.

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