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A 20-ounce packet of Sara Lee Classic White Sandwich bread goes for $2.50 at Kroger, compared to $2.24 at Walmart. Nearly two-thirds of Kroger's 2,700 stores are unionized, like a "majority" of Albertsons stores, the United Food and Commercial Workers Union says on its website. Grocery stores such as Kroger, Albertsons, in contrast, are often forced to rely on coupons or buy-one-get-one-free promotions funded by companies like P&G and Conagra in order to compete. Euromonitor data shows that 25.2% of all dollars spent on groceries in the United States last year went to Walmart, while Kroger got 8.1% and Albertson's 4.8%. Walmart shoppers have a median income of $73,000.

☆ Investing Club: The week in review, the week ahead — Oct. 14, 2022
▼ + stars: | 2022-10-14 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Club trades for the week Monday Bought 20 shares of Constellation Brands (STZ); Trust owns 390 shares of STZ. On Wednesday, the September producer price index was reported to have risen 0.4% monthly, double the expectation. On Thursday, the September consumer price index was also reported to have increased 0.4% monthly, above the expectation for a 0.3% increase. Excluding automobile sales, sales were up 0.1% slightly ahead of the expectations. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Cramer’s week ahead: Take any chance to sell stocks during a busy week of earnings
▼ + stars: | 2022-10-14 | by ( Krystal Hur | ) www.cnbc.com time to read: +4 min

CNBC's Jim Cramer on Friday advised investors to take any chance to sell stocks next week as the busy earnings season continues. Monday: Bank of AmericaQ3 2022 earnings release at 6:45 a.m. Tuesday: Goldman Sachs, Johnson & Johnson, NetflixGoldman SachsQ3 2022 earnings release at 7:30 a.m. Johnson & JohnsonQ3 2022 earnings release between 6:25 and 6:40 a.m. Friday: VerizonQ3 2022 earnings release at 7:30 a.m.

☆ October's wild trading could give way to a new stock rally, as earnings roll out in the week ahead
▼ + stars: | 2022-10-14 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

But Emanuel sees the chance for a 17% to 20% rally in the S & P 500. The S & P 500 was down about 0.9% for the week, as of Friday afternoon, and it was hovering just above 3,600. S & P 500 earnings are expected to grow by 3.6% for the third quarter, based on actual reports and estimates, according to Refinitiv. Without the boost from more than doubling profits from energy companies, S & P earnings would decline by 3.1%. Week ahead calendar Monday Earnings: Bank of America , Bank of NY Mellon, Charles Schwab 8:30 a.m.

☆ 3 takeaways from our daily meeting: New market leaders, banks report, Club stocks next week
▼ + stars: | 2022-10-14 | 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. Healthcare and banks The Club's bank stocks JNJ, PG, DHR report next week 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.

A 20-ounce packet of Sara Lee Classic White Sandwich bread goes for $2.50 at Kroger, compared to $2.24 at Walmart. Nearly two-thirds of Kroger's 2,700 stores are unionized, like a "majority" of Albertsons stores, the United Food and Commercial Workers Union says on its website. Grocery stores such as Kroger, Albertsons, in contrast, are often forced to rely on coupons or buy-one-get-one-free promotions funded by companies like P&G and Conagra in order to compete. Euromonitor data shows that 25.2% of all dollars spent on groceries in the United States last year went to Walmart, while Kroger got 8.1% and Albertsons 4.8%. Walmart shoppers have a median income of $73,000.

The AI software told banks to deny millions of legitimate purchases, at a time when consumers had been scrambling for toilet paper and other essentials. Seasonal variations, data-quality changes or momentous events - such as the pandemic - all can lead to a string of bad AI predictions. Also to blame was its AI system learning from corrupted data, the company said. Arize AI, which raised $38 million from investors last month, enables monitoring for customers including Uber, Chick-fil-A and Procter & Gamble. Zoldi said consumer habits were changing too fast to rewrite the AI system.

☆ Brands aren't hiring new ad agencies as they ready for a recession
▼ + stars: | 2022-10-13 | by ( Lindsay Rittenhouse | ) www.businessinsider.com time to read: +2 min

Ad agencies are struggling to find new business. Major marketers like Microsoft have already slashed ad spend, and agency sources expect more cuts in 2023. Brands aren't offering their ad businesses to new agencies due to economic uncertainty. This is putting a huge strain on agencies already reeling as existing clients spend less. This year, staff cuts have already hit ad agencies like independent San Francisco-based advertising shop Venables, Bell & Partners and IPG agencies Huge and R/GA.

☆ These 12 behind-the-scenes execs are innovating TikTok's surging ad business, which will soon be worth more than Snap's and Twitter's combined
▼ + stars: | 2022-10-13 | by ( Lindsay Rittenhouse | ) www.businessinsider.com time to read: +11 min

TikTok's ad revenue is expected to triple to $11.64 billion this year, and it's building out products aggressively to hit its goal. In fact, if TikTok's ad revenues triple to $11.64 billion this year from 2021, as Insider Intelligence predicts, it will surpass the combined ad revenues of Twitter and Snapchat combined. Gabriela Comazzetto, head of LATAM global business solutionsComazzetto, another Facebook poach, has been overseeing TikTok's ad business in one of its fastest growing regions for just over a year. Shant Oknayan, general manager of METAP global business solutionsOknayan manages the TikTok for Business platform for the METAP region. Sameer Singh, general manager of APAC global business solutionsSingh oversees the TikTok for Business platform across APAC.

☆ Here’s our October rapid-fire update on all 34 stocks in Cramer’s Charitable Trust portfolio
▼ + stars: | 2022-10-13 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +13 min

Here's a rapid-fire update on every stock in the CNBC Investing Club portfolio. For Club members who are seeking income, we think a stock like Devon represents a better option than, say, AbbVie. (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.

☆ These are the Dow stocks to buy and sell as rates surge
▼ + stars: | 2022-10-12 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

CNBC Pro sought to find the stocks with the most positive correlation to rising rates. Here are the five stocks in the Dow that win the most when rates are on the move. The five Dow stocks most positively correlated to rising rates include Merck , Johnson & Johnson , Procter & Gamble , IBM and Walmart . At the same time, higher rates will hurt five Dow stocks most negatively correlated to the ProShares fund, such as Boeing , Walt Disney and Cisco Systems . Rising rates, which also expose high valuations, would also ding tech stocks such as Microsoft and Salesforce .

☆ Read the pitch deck machine learning startup Arize AI used to raise $38 million from investors including an early backer of Netflix and Airbnb
▼ + stars: | 2022-10-12 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +2 min

Machine-learning observability startup Arize AI recently raised $38 million in a Series B round. Insider got an exclusive look at the pitch deck Arize used to secure its latest funding round. The company has raised $61 million to date, including $38 million in a recent series B round led by TCV. Its competitors include companies like Arthur, which announced a $42 million Series B round of funding in September, and Fiddler, which raised a $32 million Series B round in 2021. Insider got an exclusive look at the pitch deck Arize used to secure its Series B round of funding.

☆ What to watch for this earnings season: Inflation, consumer health, dollar strength, oil prices
▼ + stars: | 2022-10-12 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

Inflation Health of the consumer The strong dollar Commodity volatility Inflation Inflation remains top of mind for investors, as rising prices continue to weigh on demand for many goods and services. On the other hand, Bank of America analysts highlighted P & G's scale, innovation, and portfolio strength as "key advantages." In an encouraging research note from UBS last week, analysts said iPhone demand is holding up. By reviewing iPhone delivery wait time data, UBS analysts gauged consumer demand for the latest iPhone series. Meta has already forecasted third quarter total revenue in the range of $26 billion to $28.5 billion, reflecting weak advertising demand.

☆ 3 takeaways from our daily meeting: Wall Street's bounce, small buy, reviewing analyst notes
▼ + stars: | 2022-10-12 | 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. LVMH also owns Sephora, which carries prestige beauty brands like Estee Lauder, which is another good sign for the Club stock. Quick mentions: PG, PXD, AMZN Atlantic Equities upgraded Kimberly Clark, the maker of Huggies and Kleenex, to overweight. 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.

☆ What Cramer is watching Wednesday — more hot inflation, PepsiCo strong, drug stocks mixed
▼ + stars: | 2022-10-12 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Raymond James lowers price target on Club holding Procter & Gamble (PG) to $155 per share from $175; keeps outperform (buy) rating). Stanley Black & Decker (SWK) downgraded to equal weight from overweight (hold from buy) at Morgan Stanley. Piper Sandler cuts Yeti (YETI) price target to $48 per share from $76 but keeps overweight (buy) rating. Deutsche Bank lowers price targets on all asset gatherers: BlackRock (BLK), Blackstone (BX) and KKR (KKR). As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ It's too early to buy the dip, investor says, naming 8 stocks to buy when the time is right
▼ + stars: | 2022-10-12 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Excluding the energy sector, earnings estimates for the third quarter are already down 2.6% compared to the previous three months, according to Refinitiv. With high inflation and rising interest rates, Ricciardi says stock market valuations will need to fall further before buyers return. Ricciardi said investors should reposition toward stocks sensitive to interest rates – the so-called defensive stocks – and identified companies in the consumer staples sector. Procter & Gamble , Coca Cola and Pepsi Co were among the stocks he thinks might fair well while interest rates continue to increase. Andrew Bischof from Morningstar's equity research team was the sole analyst with a sell rating on both NextEra and Duke Energy.

☆ P&G CEO and chairman, corporate directors re-elected to board after 'vote no' challenge
▼ + stars: | 2022-10-11 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: 1 min

NEW YORK, Oct 11 (Reuters) - Procter & Gamble Co (PG.N) shareholders re-elected with more than 90% support the consumer goods company's CEO and chairman and all of its current directors to the board at its virtual annual meeting on Tuesday. Environmental non-profits had urged shareholders to vote against CEO Jon Moeller as chairman of the board, preferring an independent chair instead, and also opposed two directors, Angela Braly and Patricia Woertz. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Jessica DiNapoli in New YorkOur Standards: The Thomson Reuters Trust Principles.

☆ P&G CEO and chairman, corporate directors re-elected to board after challenge
▼ + stars: | 2022-10-11 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: +2 min

Environmental non-profits had urged shareholders to vote against CEO Jon Moeller as chairman, preferring an independent chair instead, and also opposed two directors, Angela Braly and Patricia Woertz. The non-profits said that Cincinnati-based P&G has taken "insufficient action" to deal with the risks related to deforestation. Some investors such as the New York State Common Retirement Fund and New York City pensions backed the environmentalists' efforts. Moeller said that P&G has products like Tide Pods at multiple price points, spanning from a Tide Power Pod at 50 cents to a Tide Simply Pod at 20 cents. More than 100 shareholders attended the virtual meeting, Moeller said.

☆ 3 takeaways from our daily meeting: Defensive stocks, trimming semis, Meta downgrade
▼ + stars: | 2022-10-11 | 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. The defensives are the only place to be Semis and U.S.-China tensions Quick mentions: META, STZ 1. Quick mentions: META, STZ Atlantic Equities downgraded Meta Platforms (META) to neutral, citing concerns with the company's growth outlook due to macroeconomic headwinds and rising competition for advertising dollars. 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.

☆ P&G faces challenge to CEO Moeller as chairman from environmentalists, investors
▼ + stars: | 2022-10-10 | by ( Jessica Dinapoli | Thomson Reuters | New York-Based Reporter Covering U.S. Consumer Products Spanning Paper Towels To Packaged Food | ) www.reuters.com time to read: +3 min

Boxes of Tide detergent, a Procter & Gamble product, sit on a shelf at a store in Alexandria, May 28, 2009. Register now for FREE unlimited access to Reuters.com RegisterThe groups request replacing Moeller with an independent chair. Norway's sovereign wealth fund also plans to vote against Moeller, according to a voting notice on its website. Institutional Shareholder Services Inc and Glass Lewis, firms that make widely-followed recommendations on voting for investors, said shareholders should support Moeller and the two directors. ISS said investors should take caution when supporting Moeller and the directors because of "ongoing concerns" regarding deforestation.

☆ Stocks making the biggest moves in the premarket: Ford, General Motors, Rivian and more
▼ + stars: | 2022-10-10 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Take a look at some of the biggest movers in the premarket:Ford (F), General Motors (GM) – UBS downgraded both automakers, cutting Ford to "sell" from "neutral" and downgrading GM to "neutral" from "buy." Ford slid 3.6% in the premarket while GM fell 3.5%. Rivian (RIVN) – Rivian shares tumbled 9% in the premarket after it recalled nearly all its vehicles to fix potential steering issues. Kraft Heinz (KHC) – Kraft Heinz rose 2% in premarket action after Goldman Sachs upgraded the food maker's stock to "buy" from "neutral." Merck (MRK) – Merck rose 2.7% in the premarket after Guggenheim upgraded the stock to "buy" from "neutral."

☆ 3 takeaways from our daily meeting: Portfolio diversification, waiting on inflation data, Ford downgrade
▼ + stars: | 2022-10-10 | 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. But we don't advise individual Club investors to own all four names. 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.

☆ Get ready for 'stealth layoffs' at Big Law firms as the economy slows
▼ + stars: | 2022-09-29 | by ( Jack Newsham | Peter Coutu | ) www.businessinsider.com time to read: +7 min

But at Big Law firms, "managing out" is common, with lawyers quietly directed to look for work elsewhere. O's story stands to become more common as the economy cools and Big Law firms seek to quietly cut costs without technically laying people off. Here's how Big Law firms let people go. Most Big Law firms operate under an "up or out" system, where lawyers are either expected to make partner or leave. Big Law lets more people go and slows down hiring in tough economic timesOne point of agreement is that stealth layoffs rise in economic downturns.

☆ Band-Aids and Tylenol will have a new name on their packages: Kenvue
▼ + stars: | 2022-09-29 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

New York CNN Business —We have all heard of Band-Aid, Tylenol, Benadryl and Johnson’s baby powder. We have never heard of the new made-up word Kenvue. But Kenvue will be the new corporate parent of these familiar consumer health brands next year. The name Kenvue reflects J&J’s desire for the new consumer company identity to take a backseat to well-known brands such as Band-Aid. Then there have been brands that changed their names to signal strategy shifts, such as Dunkin’ dropping “Donuts” in 2018.

☆ Unilever Goes Back to the Drawing Board With Accessible Deodorant Design
▼ + stars: | 2022-09-28 | by ( Katie Deighton | ) www.wsj.com time to read: +7 min

It has been more than 17 months since Unilever PLC-owned deodorant brand Degree said it had created a concept for what it called the “world’s first inclusive” deodorant for people with disabilities. The original design for Degree Inclusive featured a hook for hanging and magnetic closures. An ad for Unilever’s Degree Inclusive deodorant. Unilever introduced Degree Inclusive in April 2021 as a “concept deodorant” designed to make application easier for people with limited mobility. “Inclusive design and industrial design are both quite complex in and of themselves, and when you weave those together…it’s something that doesn’t happen at the snap of the finger,” he said.

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