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☆ Wolfe Research says buy Procter & Gamble, a defensive name as investors 'flee to safety'
▼ + stars: | 2022-11-22 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Investors should consider putting their money in Procter & Gamble amid the ongoing search for safety in this difficult macro climate, according to Wolfe Research. Analyst Greg Badishkanian initiated coverage of the consumer staple stock with an outperform rating and a $156 price target. "P & G's brand portfolio has delivered strong demand elasticities to date as they innovate and reinvest in the brands," he said. "We view their geographic exposure and balance sheet as defensive, which should support fund flows as investors flee to safety." Wolfe Research's price target implies an 8% upside from Monday's close.

☆ What Cramer is watching Tuesday — Nasdaq tough year, seasonal oil strength, P&G looking good
▼ + stars: | 2022-11-22 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Citi lowers DVN price target by $2 pe share to $78; keeps buy rating. Piper Sandler cuts Club holding Amazon (AMZN) price target to $119 per share from $125. Honeywell (HON), also a Club stock, is an underappreciated tech franchise, JPMorgan says. Zoom Video (ZM) catches multiple price target cuts on Wall Street. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Netflix CEO once handed out army berets to his execs in response to an insult from the former Time Warner boss, and it shows the rivalry between Netflix and HBO stretches over a decade
▼ + stars: | 2022-11-01 | by ( Travis Clark | ) www.businessinsider.com time to read: +4 min

Former Time Warner CEO Jeffrey Bewkes implied Netflix was overrated in a 2010 interview. A new book about HBO reveals that Netflix CEO Reed Hastings took the comments in stride. "We didn't have the financial flexibility to make that commitment," former HBO CEO Richard Plepler told the book's authors, Gillette and Koblin. In other words, Netflix wanted to be more like HBO and HBO's corporate overlords wanted it to be more like Netflix. HBO's content chief, Casey Bloys, was recently elevated to CEO of HBO, HBO Max, and HBO Content.

German chemicals maker Covestro (1COV.DE) lowered its 2022 earnings guidance for the third time this year, blaming gas and raw material prices. Gas prices in Europe have eased in response to an unusually warm October and projections of a mild winter. The group, which relies heavily on natural gas, is buying from outside Europe, where prices are lower. RACE TO CUT COSTSCompanies across Europe are racing to reduce their energy use ahead of the winter when demand increases as households turn up the heat. Chemical companies are among the hardest hit by the energy crisis because they use gas as a raw material for production and as an energy source.

☆ Bears vs Patriots: Mac Jones benched mid-game as Chicago scores 23 straight points to beat New England
▼ + stars: | 2022-10-25 | by ( Ben Morse | ) edition.cnn.com time to read: +3 min

CNN —New England Patriots starting quarterback Mac Jones was benched mid-game in his team’s 33-14 home defeat to the Chicago Bears on Monday Night Football. Jones had missed the past three games with a high ankle sprain but finally returned to the starting line-up to face the Bears. A New England Patriots fan holds a sign during the game against the Bears. In a style change from previous weeks, the Bears coaching staff implemented more designed runs for Fields to utilize his dynamism and keep the Patriots defense off-kilter. “I think that creates an issue sometimes for the defense, depending on what defense they’re in,” Eberflus said.

A couple walk with Hermes shopping bags as they leave an Hermes store in Paris March 21, 2013. Hermes (HRMS.PA) and Pernod Ricard (PERP.PA) both said they will continue to raise prices, after beating expectations in the July-September quarter. Mainland China also saw a strong rebound after COVID-19 restrictions were lifted, although some restrictions have since been reimposed. PRICE RISESThe world's biggest luxury group LVMH (LVMH.PA) last week kicked off the earnings season with forecast-beating sales -- and no signs of a let-up in demand. The results from Pernod and Hermes bode well for beauty giant L'Oreal (OREP.PA) and Gucci-owner Kering (PRTP.PA), which both report results later on Thursday.

☆ P&G Expects Revenue to Feel Drag From Stronger Dollar
▼ + stars: | 2022-10-19 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

Procter & Gamble said the stronger U.S. dollar erased most of its sales gains for the quarter and is on track to lead the maker of Tide detergent and Gillette razors to its first annual sales decline in half a decade. The Cincinnati-based consumer-products company on Wednesday lowered its annual revenue guidance, citing the run-up in the value of the dollar relative to other currencies around the world. P&G now expects sales for the fiscal year ended June 30 to fall 1% to 3%; its previous forecast called for growth between flat and 2%.

☆ P&G Rides Higher Prices but Says Strong Dollar to Slow Growth
▼ + stars: | 2022-10-19 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

Procter & Gamble said the stronger U.S. dollar erased most of its sales gains for the latest quarter and is on track to lead the maker of Tide detergent and Gillette razors to its first annual sales decline in half a decade. The Cincinnati-based consumer-products company on Wednesday lowered its annual revenue guidance, citing the run-up in the value of the dollar relative to other currencies around the world. P&G now expects sales for the fiscal year ending June 30 to fall 1% to 3%; its previous forecast called for growth between flat and 2%.

☆ Procter & Gamble Ups Marketing to Persuade Consumers on Pricier Products
▼ + stars: | 2022-10-17 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

Inflation is testing Americans’ loyalty to Procter & Gamble biggest brands, but the maker of Tide detergent, Pampers diapers and Gillette razors is betting it can persuade shoppers to keep paying up. The world’s biggest maker of consumer products is rolling out star-studded ad campaigns and new product features, from drip-proof soap bottles to extra-absorbent paper towels, hoping to keep cash-crunched consumers from switching to cheaper brands.

☆ Procter & Gamble Bets Inflation Won’t Push Shoppers to Trade Down
▼ + stars: | 2022-10-17 | by ( Sharon Terlep | ) www.wsj.com time to read: 1 min

The Amazon Prime Early Access Sale has entered its second and final day and deals are still going strong. In fact, we're seeing excellent all-time low prices that beat out the best deals we found during the first Amazon Prime Day in July. For more deals, check out our main Prime Day deals liveblog, deals under $50 roundup, and up-to-the-minute Prime lightning deals coverage. Currently down to just under $100, this is the best price we've seen for it in months. Amazon Luna ControllerAmazon$39.99 from Amazon Originally $69.99 Save 43%Amazon's Wi-Fi-enabled controller is designed for the Amazon Luna cloud gaming service.

☆ Legendary Television places president Chris Albrecht on leave as new HBO book arrives
▼ + stars: | 2022-10-11 | by ( ) www.nbcnews.com time to read: +3 min

Chris Albrecht, the president of Legendary Television, has been placed on a leave of absence by the company, a spokesperson confirmed to Variety on Monday. The book, set for release on Nov. 1, alleges that Albrecht lunged at and strangled Emerson. In the book, Albrecht states that he “rejects and disagrees with the characterization of what occurred” in the 1991 incident. The book also describes Emerson’s professional struggles in entertainment after leaving HBO with a confidential settlement as rumors spread. Before joining Legendary in 2019, Albrecht had served a 10-year tenure as the chief of pay cabler Starz.

☆ Here's how Dude Wipes cofounder got his startup on track to make $90 million in sales this year after making the 'biggest mistake' CPGs can make
▼ + stars: | 2022-09-26 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Dude Wipes expanded into deodorant and body wash — something the brand now says was the wrong move. In 2019, the founders of Dude Wipes took what they thought was a major step forward: They extended their brand from solely toilet wipes into body wash and deodorant. So far, Dude Products has eschewed most investors. When COVID struck, demand for the brand's signature Dude Wipes took off. "When the toilet-paper rush happened, everybody's buying as many Dude Wipes as they can get from us," Riley said.

☆ Irene Gakwa moved to the US to attend nursing school in Wyoming. Then she vanished
▼ + stars: | 2022-09-04 | by ( Faith Karimi | ) edition.cnn.com time to read: +15 min

CNN —Irene Gakwa’s last WhatsApp video call with her parents was filled with gentle ribbing. After Gakwa’s brothers could not reach her, they looked through her phone records and called a close friend she’d talked to numerous times. A group formed to help find Irene Gakwa prepares to post signs seeking information about the missing woman in Gillette, Wyoming, on June 18. Lacey Ayers talks to Stacy Koester, left, and Melissa Bloxom as they place signs with an image of Irene Gakwa in a yard in Gillette, Wyoming. Gakwa and Hightman eventually moved in together in Meridian, and she started nursing school at College of Western Idaho.

Supply & Demand — free market On the Y-axis (the vertical one on the left) we have price. The demand line slopes from the upper left to the bottom right, and the supply line goes from the bottom left to the upper right. To illustrate this tight supply, we shift our supply line to the left as moving left on the X-axis indicates a lower quantity of supply. Supply & Demand — supply constrained market As we can see above, this small shift in supply — with no change in demand — creates a new equilibrium point at which we see a higher price level (P2). Supply & Demand — supply constrained with demand destruction By lowering demand, we can reach a new equilibrium level (marked in red).

☆ All the best products we’ve tested in 2021 (so far)
▼ + stars: | 2021-11-03 | by ( Cnn Underscored Staff | ) edition.cnn.com time to read: +62 min

Best coffee subscription: Blue Bottle (starting at $11 per shipment; bluebottle.com)Blue BottleBlue Bottle’s coffee subscription hit all of our marks during the testing process. This mask, though, formed the best seal around the edges, blocking out more light than any other mask we tested. Not only does it keep your drinks hot or cold for many hours, it’s solidly durable and has the best lid we’ve ever tested. Best smart display: Amazon Echo Show 8 ($99.99, originally $129.99; amazon.com)AmazonThe Echo Show 8 is the best smart display we tested, with a versatile 8-inch screen in a build that really fits anywhere. Best smart thermostat: Nest Learning Thermostat ($223, originally $229; amazon.com)GoogleThe Nest Learning Thermostat studies your habits and controls the temperature in your home automatically.

☆ Fandom is trying to build the Bleacher Report of entertainment
▼ + stars: | 2018-03-03 | by ( Mike Shields | ) www.businessinsider.com time to read: +5 min

Now seen as a largely successful deal — Bleacher Report frequently tops category giant ESPN when it comes to social media interactions — at the time there were plenty of skeptics. Jacobs sees an opportunity to re-run the same Bleacher Report playbook in the entertainment category. And it's also hired a slew of professional writers and video producers from companies such as Variety, YouTube and yes, Bleacher Report. "In a way, we'd already done the heaviest lifting a media company has to do, which is to build scale," said CEO Craig Palmer. "For the first six to eight years, we just scaled and scaled and scaled and scaled thanks to our users.

Persons: –, Jon Miller, Walker Jacobs, Mike Freeman, Howard Beck, Jacobs, Jimmy Wales, Craig Palmer, it's, comScore, who's, Harry Potter, we'd, Walker, What's, Palmer Organizations: News Corp, AOL, Turner, ESPN, New York Times, Wikia, Variety, YouTube, TPG, Marvel, Star Wars, Netflix, nab, Gillette

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