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☆ Stocks making the biggest moves midday: Horizon Therapeutics, Coupa Software, Weber and more
▼ + stars: | 2022-12-12 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Amgen shares fell more than 1%. Weber – Shares of the grill manufacturer jumped 23% after the company announced a deal to be taken private by BDT Capital Partners. Coupa Software – The maker of business spending management software jumped 26% after the private-equity firm Thoma Bravo agreed to buy the company in an all-cash deal worth $8 billion, or $81 per share. Under Armour – The athletics apparel stock jumped 10% following an upgrade to buy from hold by Stifel. Monday – Shares of software publisher Monday jumped 6% after JPMorgan upgraded the stock to overweight from neutral and boosted its price target.

☆ Deal whiz Byron Trott suffers minor grill burns
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +2 min

NEW YORK, Dec 12 (Reuters Breakingviews) - Weber (WEBR.N) is a rare miscue for dealmaker Byron Trott, who typically serves up deals just right. It’s a reputational blemish for Trott just as he embarks on a major expansion. BDT, which focuses on family-owned businesses, did not sell down its roughly 60% stake at the time of the IPO, or subsequently. Outside investors may nevertheless recall Trott buying low – 43% below the IPO price, valuing Weber at $3.7 billion – the next time the firm brings a portfolio company to market, and wonder if they’ll get burned. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Grill maker Weber to go private with BDT Capital in $3.7 bln deal
▼ + stars: | 2022-12-12 | by ( ) www.reuters.com time to read: +1 min

Dec 12 (Reuters) - Weber Inc (WEBR.N), known for its domed charcoal grill, said on Monday it had agreed to be taken private by controlling shareholder BDT Capital Partners LLC in a $3.7 billion deal. BDT, which has a 48.2% stake in Weber, will buy all outstanding shares that it does not already own for $8.05 per share. Shares of Weber, which have shed nearly half of their value this year, jumped nearly 22% to $7.90 in premarket trading. Palatine, Illinois-based Weber said that as part of the deal, funds managed by BDT will provide the grill maker with an unsecured loan of additional $350 million. Weber plans to utilize the loan to repay existing debt and fund working capital for the 2023 outdoor cooking season, among other purposes.

☆ New Tax on Buybacks Is Weeks Away, but Finance Chiefs Aren’t Too Worried
▼ + stars: | 2022-12-09 | by ( Jennifer Williams-Alvarez | ) www.wsj.com time to read: +6 min

A new corporate tax on stock buybacks hasn’t worried finance chiefs enough for them to rethink their strategy. For Bolingbrook, Ill.-based Ulta Beauty Inc., a maker of beauty products, the impact of the tax will be minimal, finance chief Scott Settersten said. The company’s board in March authorized a new buyback program that enables Ulta Beauty to repurchase up to $2 billion in shares. It is set to be levied on net buybacks, meaning total shares repurchased minus new shares issued during the year. SHARE YOUR THOUGHTS How will the new tax on stock buybacks affect company repurchase plans in the years ahead?

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☆ Here's a map of Starbucks stores that voted to unionize
▼ + stars: | 2022-12-09 | by ( Amelia Lucas | ) www.cnbc.com time to read: +4 min

A year ago, workers at a Starbucks store in Buffalo, New York, voted to unionize, a first for the chain. In the past year, more than 260 Starbucks stores have voted in favor of unionizing, giving the union a win rate of 80%, according to data from the National Labor Relations Board. In April, as the union movement continued to gain steam, Starbucks CEO Kevin Johnson announced he would retire. Starbucks has also fired organizers for unrelated infractions, closed a handful of union stores and withheld higher pay and enhanced benefits from baristas at unionized locations. Cathy Creighton, director of Cornell University's Industrial and Labor Relations branch in Buffalo, said that companies often use delay tactics to frustrate unions and take away momentum.

☆ Jim Cramer's top 10 things to watch in the market Thursday: War cloud, Salesforce downgrade, GameStop quarter
▼ + stars: | 2022-12-08 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Club holding Pioneer Natural Resources (PXD) price target lower to $260 per share from $290 at KeyBanc. Citi rates Boeing (BA) a buy rating and a $222-per-share price target. Wells Fargo raises Boeing's PT to $218 from $185; keeps overweight (buy) rating. UBS increases PT on Toll Brothers to $65 from $61; keeps buy rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ National security concerns reportedly delay TikTok-U.S. deal
▼ + stars: | 2022-12-07 | by ( Lauren Feiner | ) www.cnbc.com time to read: +4 min

The government has yet to come back with TikTok with new requests on how to address the concerns, the Journal reported based on unnamed sources. TikTok confirmed it has not received an update from the government about any unresolved concerns. The two sides had reached broad agreements about storing U.S. user data on Oracle servers in the U.S., the Journal reported, moving it from TikTok data centers in Virginia and Singapore. U.S. officials and lawmakers have been vocal about their security concerns with TikTok. Cowen analysts wrote Wednesday that Meta's Reels, short-form videos similar to those on TikTok, "would be the biggest beneficiary" of a TikTok ban, followed by YouTube's Shorts.

☆ McDonald's hopes deals like 50-cent double cheeseburgers beef up sales on its mobile app
▼ + stars: | 2022-12-07 | by ( Amelia Lucas | ) www.cnbc.com time to read: +1 min

Last holiday season, McDonald's leaned on singer Mariah Carey's starpower and discounts to drive customers to their mobile app. The chain is also offering exclusive access to branded merch releases and deals on food, like a 50-cent double cheeseburger. The three-week-long promotion, which began Monday, is part of the company's broader digital strategy to drive traffic to its mobile app through seasonal promotions and create recurring revenue without sacrificing profitability. In recent years, restaurant companies have turned to loyalty programs to drive downloads of their mobile app and convince customers to keep coming back. For comparison, Starbucks , which has had a loyalty program for more than a decade, reported 28.7 million active U.S. members during its latest quarter.

☆ Congress wants to grill Live Nation’s CEO over the Taylor Swift Ticketmaster fiasco
▼ + stars: | 2022-12-06 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

It also wants answers about how Ticketmaster plans to improve in the future. Swift’s Eras tour kicks off March 17 and will have 52 concerts in multiple stadiums across the United States over five months. In its letter to Rapino, the committee also said it wants information about the fees Ticketmaster charges customers. Rapino and Live Nation have caught the ire of Congress before. Senator Amy Klobuchar criticized Ticketmaster in an open letter Rapino in the days following the ticket snafu, saying she has “serious concerns” about the company’s operations.

☆ Florida pulls $2 bln from BlackRock in largest anti-ESG divestment
▼ + stars: | 2022-12-01 | by ( Ross Kerber | ) www.reuters.com time to read: +2 min

This will allow them to hold hearings on ESG and grill the chief executives of BlackRock and other major assets managers about their ESG policies, and also pressure regulators to scrutinize them. Patronis accused BlackRock of focusing on ESG rather than higher returns for investors. U.S. Democratic officials have argued BlackRock doesn't press ESG concerns enough. read moreSo far, only Republican-controlled states have made major reallocations away from BlackRock, including $794 million pulled by Louisiana's treasurer read more and $500 million by Missouri's treasurer, both in October. Reporting by Ross Kerber in New York; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Black Friday and Cyber Monday editors' picks: What our staff bought
▼ + stars: | 2022-11-30 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +12 min

Black Friday and Cyber Monday are two of the busiest shopping events of the year. Some of our staff purchased tried and true favorites that needed replacing, like beloved Lululemon running sneakers or perfume. I bought the Kalorik MAXX 10-in-1 because I have a large household and its 26-quart capacity can cook an entire rotisserie chicken. They’re lightweight yet supportive, and great for running outdoors or on the treadmill.” — Zoe Malin, associate updates editor“My brother and I bought this iPad for my mother's Christmas present. It also comes with a dishwasher-safe scraping tool for easy clean-up, says Cuisinart” — Mili Godio, associate reporter“I bought this cute toiletry bag that looks roomy.

☆ Sweetgreen is among the 12 chains Taco Bell owner, Yum Brands, could buy as the company's CFO tells investors it's hunting for an acquisition
▼ + stars: | 2022-11-30 | by ( Nancy Luna | ) www.businessinsider.com time to read: +11 min

A Yum Brands exec said the company was "scanning categories" that don't compete with its brands. Analyst Mark Kalinowski identified 12 chains Yum Brands could target, including Sweetgreen. Habit was Yum Brands' latest acquisition — it purchased the fast-casual chain in March 2020 in a deal valued at $375 million. Zoe's Kitchen could be a buy target for Yum Brands, a veteran analyst wrote in a research note last week. "It has a market cap bigger than I would have expected, so it'd be an expensive purchase for Yum Brands."

SKIP AHEAD Best Cyber Monday 2022 air fryer deals | Best Cyber Monday 2022 air fryer salesTo help you make the most of your shopping, we compiled some of the best Cyber Monday deals and sales on air fryers that we think you’ll want to know about. Best Cyber Monday 2022 air fryer dealsBelow, we’re sharing the best Cyber Monday air fryer deals based on our previous coverage and reporting. The air fryer comes with a recipe book, unlimited access to GoWISE’s recipe app and a dishwasher-safe removable pan and is available in four colors. Compared to its last generation, this air fryer is 20% faster and uses 85% less oil when cooking, says the brand. Best Cyber Monday 2022 air fryer salesHere are the best Cyber Monday air fryer sales we think you’ll want to know about.

☆ Kids Online Safety Act may harm minors, civil society groups warn lawmakers
▼ + stars: | 2022-11-28 | by ( Lauren Feiner | ) www.cnbc.com time to read: +5 min

Ranking Member Sen. Marsha Blackburn (R-TN) speaks during a Senate Subcommittee on Consumer Protection, Product Safety, and Data Security hearing on Protecting Kids Online: Snapchat, TikTok, and YouTube on October 26, 2021 in Washington, DC. Dozens of civil society groups urged lawmakers in a letter on Monday against passing a bill that aims to protect children from online harm, warning the bill itself could actually inflict further danger on kids and teens. The American Civil Liberties Union, Electronic Frontier Foundation, Fight for the Future and Wikimedia Foundation were among the groups that wrote to Senate Majority Leader Chuck Schumer, D-N.Y., Senate Commerce Committee Chair Maria Cantwell, D-Wash., and Ranking Member Roger Wicker, R-Miss., opposing the Kids Online Safety Act. Sites would have to let their young users know when parental tools are in effect. The KOSA opponents warned that prescriptive parental controls could be harmful to kids in abusive situations.

☆ 55+ Cyber Monday deals under $100 to shop now
▼ + stars: | 2022-11-27 | by ( Mili Godio | Mili Godio Is An Associate Reporter For Select On Nbc News. | ) www.nbcnews.com time to read: +13 min

Many of these sales — most of which run through Cyber Monday — offer plenty of discounted items under $100. SKIP AHEAD Best Cyber Monday deals under $100 | Best Cyber Monday sales under $100To help you make the most of the shopping holiday, we compiled some of the best early Cyber Monday deals and sales under $100 that we think you’ll want to know about. Best Cyber Monday 2022 deals under $100Below, we’re sharing the best Cyber Monday deals under $100 based on our previous coverage and reporting. 4.7-star average rating from 10,573 reviews on AmazonThis All-Clad two-piece cookware set comes with 8-inch and 10-inch non-stick frying pans. Best early Cyber Monday 2022 sales under $100Here are the best early Cyber Monday sales under$100 that we think you’ll want to know about.

☆ Best Buy Cyber Monday 2022 deals available now: JBL speaker, Samsung Galaxy Buds2 and more
▼ + stars: | 2022-11-27 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +6 min

Best Buy says that items bought from Oct. 24 through Dec. 31 will have an extended return period through Jan. 14, 2023, with exceptions on certain products. Best Buy does offer a Price Match Guarantee, with more specifics available on the retailer’s website. SKIP AHEAD Best sales from the Best Buy Black Friday sale | Best deals from the Best Buy Black Friday saleIf you’re looking to take advantage of ongoing Cyber Monday deals, we have compiled some of the best deals and sales Best Buy is offering during its Cyber Monday sales, based on previous coverage and Select reader interest. Best sales from the Best Buy Cyber Monday saleWe’re highlighting some of the best sales we think Select readers will want to know about. Best products to consider from the Best Buy Cyber Monday saleBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Best Buy's Cyber Monday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows.

☆ 31+ best deals from Best Buy's Black Friday sale
▼ + stars: | 2022-11-25 | by ( Gabriella Depinho | Gabriella Depinho Is A Production Coordinator For Select On Nbc News. | ) www.nbcnews.com time to read: +8 min

Best Buy is one of several retailers offering Black Friday deals now, alongside Amazon, Target and Walmart. SKIP AHEAD Best sales from the Best Buy Black Friday sale | Best deals from the Best Buy Black Friday saleIf you’re looking to take advantage of early Black Friday deals, we have compiled some of the best deals and sales Best Buy is offering during its early Black Friday sales, based on previous coverage and Select reader interest. Best sales from the Best Buy Black Friday saleWe’re highlighting some of the best sales we think Select readers will want to know about. Sales include multiple deals, and not every product listed in a sale is going to be the best deal around. Best products to consider from the Best Buy Black Friday saleBased on our previous coverage and Select reader interest, we rounded up some of the best deals from Best Buy's Black Friday sale, using Honey and CamelCamelCamel to ensure their discounts are at historical lows.

☆ 33+ best Black Friday deals under $100 to shop now
▼ + stars: | 2022-11-25 | by ( Mili Godio | ) www.nbcnews.com time to read: +10 min

SKIP AHEAD Best Black Friday deals under $100 | Best Black Friday sales under $100To help you make the most of the shopping holiday, we compiled some of the best Black Friday deals and sales under $100 that we think you’ll want to know about. Best Black Friday 2022 deals under $100Below, we’re sharing the best Black Friday deals under $100 based on our previous coverage and reporting. Best Black Friday 2022 sales under $100Here are the best Black Friday sales under$100 that we think you’ll want to know about. Remember that sales include multiple deals, and not every product listed in a sale is going to be the best deal around. Black Friday takes place every year the day after Thanksgiving, with Black Friday 2022 falling on Nov. 25.

☆ Best Black Friday air fryer deals from Instant Pot, Ninja, KitchenAid and more
▼ + stars: | 2022-11-25 | by ( Barbara Booth | Barbara Booth Is A Former Cnbc Reporter Whose Work Spans A Wide Range Of Business | Social Topics | ) www.nbcnews.com time to read: +4 min

If you’re planning to invest in an air fryer to give as a gift or to cook up some crispy wings or crunchy fries for yourself, you’re in luck. SKIP AHEAD Best Black Friday air fryer salesTo help you make the most of the shopping holiday, we compiled some of the best Black Friday deals and sales on air fryers from popular Select reader-favorite brands, like Cosori, Instant Pot, Cuisinart, Ninja and more, all of which we think you’ll want to know about. Best Black Friday 2022 air fryer dealsBelow, we’re sharing the best Black Friday air fryer deals based on our previous coverage and reporting. 4.6-star average rating from 56,828 reviews at AmazonThis Amazon bestseller and Select expert top pick from Instant Pot is a convection oven-style air fryer with two racks to maximize cooking space. Best Black Friday 2022 air fryer salesHere are the best Black Friday air fryer sales we think you’ll want to know about.

☆ 31 stocks that mutual funds are heavily betting on, driving their best-performing year since 2007 according to Goldman Sachs
▼ + stars: | 2022-11-25 | by ( Laila Maidan | ) www.businessinsider.com time to read: +3 min

Mutual funds are set to have their best year of outperformance relative to benchmarks since 2007. The report indicates that 56% of large-cap mutual funds outperformed their benchmarks compared to a 36% outperformance rate seen since 2007. Meanwhile, 66% of large-cap value funds outperformed the benchmark Russell 1000 Value index. Below are 31 of the 50 stocks listed in Goldman Sachs' Mutual Fund Overweight Positions basket. The list is based on the investment bank's analysis of 548 large-cap core, growth, and value mutual funds with $2.5 trillion in equity assets.

☆ I wear pigtails to my waitressing job because men tip better when I do. It grosses me out, but the money is worth it.
▼ + stars: | 2022-11-22 | by ( Fortesa Latifi | ) www.businessinsider.com time to read: +4 min

Then she tried putting her hair in pigtails to get higher tips from male customers — and it worked. In it, women realized that if they wore their hair in pigtails, they made more money in tips. I've thought about why me and so many other waitresses have found such success in wearing pigtails to work, and it kind of grosses me out. If you're flirty and bubbly and wearing pigtails, they really like it. The comments I get while wearing pigtails do make me feel weirdI mean, I know everyone has their own fetishes, and I don't want to judge them.

☆ How Elon Musk’s Twitter Faces Mountain of Debt, Falling Revenue and Surging Costs
▼ + stars: | 2022-11-21 | by ( Mark Maurer | ) www.wsj.com time to read: +10 min

Elon Musk says his $44 billion Twitter takeover might result in a bankruptcy filing. To make the deal work, Mr. Musk has been trying to add subscription revenue and reassure advertisers about the platform’s future. What’s more, the company’s debt stack now includes floating-rate debt, meaning that interest costs are set to rise as the Federal Reserve continues to increase interest rates. Twitter’s credit ratings, which were below investment grade before the transaction with Mr. Musk, have deteriorated further. For that, Mr. Musk would need to persuade potential investors that he has a viable long-term business plan, he said.

☆ Starbucks union to strike at more than 100 locations on Red Cup Day, one of the chain’s busiest days of the year
▼ + stars: | 2022-11-17 | by ( Amelia Lucas | ) www.nbcnews.com time to read: +2 min

Workers at more than 100 unionized Starbucks locations plan to strike on Thursday, one of the chain’s biggest sales days of the year. The giveaway on the coffee chain’s Red Cup Day has become a must-have for collectors, and this year’s event marks its 25th anniversary. It’s the largest collective action Starbucks Workers United has taken so far in its organizing push over the past year. Over the past 12 months, roughly 260 company-owned Starbucks locations have voted to unionize under Workers United, an affiliate of Service Employees International Union. But Starbucks Workers United contend the company hasn’t been bargaining in good faith.

Jennifer Schulp, a director at the libertarian think tank Cato Institute, said the Republicans' unexpectedly tight margin of control in the House will not prompt them to tone down their rhetoric. 'REGULATORY EXUBERANCE'Patrick McHenry, a North Carolina Republican in line to lead the House Financial Services Committee in the new Congress, said in an emailed statement to Reuters before the election that Biden's administration "is pushing its agenda through financial regulators because they don’t have the votes to pass it in Congress." "Committee Republicans will work together to conduct appropriate oversight of activist regulators and market participants who have an outsized impact," McHenry said. "The appropriations process in the House will be a messaging exercise, and it's less worrisome since the Democrats will have the Senate," McGannon said. While those Senators will not be in the majority, House Republicans have also criticized companies on ESG-related matters.

☆ Here are Thursday's biggest analyst calls: Apple, Robinhood, Netflix, Target, TJX, McDonald's & more
▼ + stars: | 2022-11-17 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Thursday's biggest calls on Wall Street: Credit Suisse reiterates Apple as outperform Credit Suisse said its survey checks show iPhone Pro and Pro Max delivery delays. Deutsche Bank downgrades Target to hold from buy Deutsche downgraded Target after its earnings report on Wednesday and said it has "lower confidence." Piper Sandler upgrades Target to overweight from neutral Piper said Target is still "compelling" despite its latest quarterly report. " Bank of America reiterates Nvidia as buy Bank of America called Nvidia's third-quarter earnings results on Wednesday an "inflection" quarter. Bank of America reiterates Cisco as buy Bank of America said it's standing by Cisco after its earnings report on Wednesday.

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