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☆ Mike Wilson says an earnings-driven stock decline is imminent so get defensive with these two stocks
▼ + stars: | 2023-03-27 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Investors are still too optimistic about corporate earnings, and a severe deterioration is about to drag stocks lower, according to Mike Wilson, Morgan Stanley's chief investment officer. "This is typically how bear markets end—i.e., P/E multiples fall precipitously and unexpectedly, catching many investors off guard," Wilson said. "The recent underperformance of small caps and low quality stocks suggests it could be imminent." "We believe it's underappreciated how significant the negative operating leverage is going to get before this earnings recession is over," Wilson said. Given such a negative outlook, Morgan Stanley looked for defensive stocks to own that should fare better in a bear market.

☆ These elite dividend stocks have raised their payments for over 60 consecutive years
▼ + stars: | 2023-03-19 | by ( Pia Singh | ) www.cnbc.com time to read: +4 min

Through recessions and economic booms, over decades of market volatility, only eight companies in the S & P 500 have hiked their annual dividends year-in and year-out for at least 60 years. It pays an annual dividend of $1.84 per share, and currently has a dividend yield of 3.07%, while the S & P 500's average dividend yield is 1.65%. Manufacturing company Stanley Black & Decker and food and beverage giant PepsiCo have raised their annual dividends for more than 50 years. ExxonMobil and Chevron have hiked their annual dividends for 40 and 36 years, respectively. Based on the current dividend rate, with no additional increases or decreases, Silverblatt expects cash payments for 2023 to increase 3.9% over 2022.

[1/2] Customers shop at a mall ahead of the Chinese Lunar New Year, in Beijing, China January 15, 2023. REUTERS/Tingshu Wang/File PhotoLONDON/MILAN/FRANKFURT/NEW YORK, March 1 (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world's No. Tourism from China was helping sales in neighbouring Macau, Hong Kong, Taiwan and even Japan, he added. Reckitt Benckiser, which makes Nurofen tablets, cold remedy Lemsip and Durex, saw a pick-up in China after a decline in volumes because of lockdowns. U.S. retailer Walmart Inc (WMT.N), which operates nearly 400 retail and wholesale stores in China, reported strong traffic in its stores since reopening.

Big brands have seen earnings propelled by double-digit price hikes – even if it has had a negative impact on demand elasticity. Only two-thirds (67%) of the companies that have reported have beat earnings estimates, the lowest beat rate in eight years. But workforce reductions aren't the only way for companies to cut costs, or necessarily the best way in a tight labor market. We've seen notable examples across industries of just how important general cost cuts have been this earnings season. Of course, Airbnb was one of the first companies to cut costs when the pandemic hit.

Financial advisor Cassandra Cummings has taught more than 100,000 Black women start investing in the stock market. Here are four investments she recommends for beginners, including REITs and dividend stocks. Real estate investment trustsInvesting in real estate can require large sums of cash on hand to close sales, make renovations, and maintain properties. On the other hand, real estate investment trusts (REIT) are companies that own, operate or finance income-producing real estate ventures. It's an easy way to start investing in real estate if you don't have the capital to invest in your own rental property.

☆ Top 10 things to watch in the stock market Friday: Market slide, optimism on Club stocks
▼ + stars: | 2023-02-17 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Deere (DE) posts a big earnings beat: $6.55 per share for fiscal 2023 first quarter, beating estimates of $5.53. Roku (ROKU) double upgraded at Bank of America to buy, price target to $85 per share. 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. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER .

☆ Nestlé says food prices will rise further this year
▼ + stars: | 2023-02-16 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

Food, including ice cream, will see significant price increases in 2023, CEO Alan Jope said on the same call. Unilever said price increases caused sales volumes to decline by 2.1% in 2022. Heineken, meanwhile, said it expected to sell less beer in Europe this year because of “steep” price increases related to energy costs. At the time, Tesco (TSCDF) described the company’s price increases as “unjustifiable.” Once the products were restored, prices were unchanged on Heinz’s most popular lines. Gabby Jones/Bloomberg/Getty ImagesTesco has also “fallen out with other suppliers” over price increases, its chairman John Allen recently told the BBC.

☆ Fabuloso recalls about 5 million bottles because of bacterial contamination
▼ + stars: | 2023-02-09 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Nearly 5 million bottles of Fabuloso multi-purpose cleaner have been voluntary recalled because there’s a “risk of bacterial growth,” the company said. Around 3.9 million bottles were never released for sale, the company said. The first eight digits of the lot code of the recalled products are 2348US78 through 2365US78 and 3001US78 through 3023US78, the CPSC said. If a customer has one of the products listed below, the company can get a refund through a special website or by calling the company at 1-855-703-0166. Fabuloso is telling affected customers to “immediately stop using the recalled product” and to dispose of it in its container.

☆ Fabuloso Parent Recalls Nearly 5 Million Bottles of Cleaning Product Over Infection Risk
▼ + stars: | 2023-02-08 | by ( Colin Kellaher | ) www.wsj.com time to read: 1 min

Colgate-Palmolive Co. is recalling nearly 5 million bottles of Fabuloso multipurpose cleaning products due to the risk of exposure to bacteria, the U.S. Consumer Product Safety Commission and the company said Wednesday. The agency said the recalled products may contain Pseudomonas species bacteria, which pose a risk of serious infection for people with weakened immune systems, external medical devices or underlying lung conditions. The same bacteria was linked to another recent recall of 8 million laundry and cleaning products from The Laundress.

☆ Sustainable Packaging Is Sometimes Doubling as Easier-to-Open Packaging
▼ + stars: | 2023-02-03 | by ( Katie Deighton | ) www.wsj.com time to read: +7 min

Sarah Ryan Hudson found the Barbie’s Dr. Jane Goodall packaging to be a welcome departure from the hard-to-open versions of her youth. The costs involved in overhauling packaging systems also made them reluctant to change for the benefit of a less-finicky opening experience. To be sure, shifts toward more sustainable materials haven’t made packaging easier to use across the board, and campaigners for widely accessible packaging say companies aren’t moving to provide it quickly enough. The company’s Gillette razor brand in 2021 began selling some razors in cardboard packaging with a pulp tray, rather than in plastic blister packs and trays. Colgate-Palmolive Co. in 2019 introduced a recyclable Colgate toothpaste tube, using a high-density polyethylene material without aluminum, said Greg Corra, Colgate-Palmolive’s worldwide director of global packaging and sustainability.

☆ Morgan Stanley upgrades Colgate-Palmolive, calls sell-off a good entry point to buy its top pick
▼ + stars: | 2023-01-30 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Colgate-Palmolive is a top stock compared with peers and it's cheap to buy right now, Morgan Stanley said. Analyst Dara Mohsenian upgraded the stock to overweight from equal weight and named it her top pick in the household and personal care industry. The note was titled, "Stock Pullback Offers a Good Entry Point into a Solid Long-Term Story." Mohsenian pointed to the company's larger-than-expected fourth quarter gross margin miss and weaker-than-anticipated 2023 earnings guidance reported Friday as drivers of the most recent sell-off. And Mohsenian said the stock has an attractive valuation, trading at a lower price-to-earnings ratio when looking ahead to 2024 compared with peers.

☆ Here are Monday's biggest analyst calls: Tesla, Apple, Netflix, Amazon, Chevron, Meta, Shopify & more
▼ + stars: | 2023-01-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Morgan Stanley upgrades Colgate-Palmolive to overweight from equal weight Morgan Stanley said in its upgrade of Colgate that it sees an attractive entry point. "We upgrade shares from Neutral to Buy as we see the last of tough comparables for SHOP subsiding entering '23." Bank of America reiterates Meta as neutral Bank of America says it's cautious heading into Meta earnings on Wednesday. Berenberg upgrades Tesla to buy from hold Berenberg said in its upgrade of Tesla that "factory innovations support long-term margins." Morgan Stanley reiterates Southwest Airlines as overweight Morgan Stanley says it's sticking with shares of the airline.

☆ Jim Cramer's top 10 things to watch in the market Monday: FANG-obsession over; crazy earnings, Fed, jobs week
▼ + stars: | 2023-01-30 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Susquehanna raises price target on Advanced Micro Devices (AMD) to $88 per share from $80; keeps positive rating on the Club stock. Baird increases price target on Starbucks (SBUX) to $110 per share from $94; keeps hold rating. Deutsche Bank cut price target by $3 per share to $84. HSBC raises price target on oilfield services company Halliburton (HAL) to $57 per share from nearly $44; 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.

☆ Stocks making the biggest moves midday: Carvana, Colgate-Palmolive, Tesla and more
▼ + stars: | 2023-01-30 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Tesla — Shares dropped 2.8% after Berenberg lowered its earnings estimate for Tesla by around 25% for 2023 following the company's price cuts for its electric vehicles. Ford Motor Company — Shares fell nearly 1.4% after the company announced price cuts for its electric Mustang Mach-E crossover. The move in Ford comes after Tesla said earlier this month it would trim prices to counteract dwindling demand. AMC Entertainment — Common shares of the theater chain fell by more than 7% after AMC announced a shareholder meeting in March for a potential change to its capital structure. The preferred or "APE" shares, which trade at a large discount to the common shares, jumped by more than 16%.

☆ Unilever’s new boss whets appetite for split
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: +2 min

LONDON, Jan 30 (Reuters Breakingviews) - Unilever’s new chief executive is arguably a bit low fat. The appointment of board member Hein Schumacher, CEO of Dutch dairy cooperative FrieslandCampina, will instead have investors wondering whether Unilever needs to split its food and non-food arms. Unilever’s current share price is barely 40 euros per share. (By Aimee Donnellan)Follow @Breakingviews on Twitter(The author is a Reuters Breakingviews columnist. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Stocks making the biggest premarket moves: Colgate-Palmolive, Kohl's, Boot Barn and more
▼ + stars: | 2023-01-30 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

The Kohl's logo is displayed on the exterior of a Kohl's store on January 24, 2022 in San Rafael, California. Check out the companies making the biggest moves in premarket trading:Colgate-Palmolive — The maker of household and personal care products saw shares add more than 1% premarket after Morgan Stanley analysts upgraded the stock to overweight from equal weight. Boot Barn — The retailer was downgraded to neutral from outperform by Baird, which cited concerns over macroeconomic risks for the sector. Boot Barn shed 2.5% during premarket trading. The stock, however, was down more than 1% in premarket trading.

☆ Morning Bid: Chipped
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +5 min

A surge of 'soft landing' hopes for the U.S. economy on Thursday got sideswiped overnight after a dire industry readout from chipmaking giant Intel decimated its stock price after the bell. "We expect some of the largest inventory corrections literally that we've ever seen in the industry," he told Reuters later. Annual 'core' PCE inflation is expected to have slowed to 4.4% last month, the lowest in more than a year, from 4.7% in November. U.S. bonds of Adani firms also fell after Hindenburg Research flagged concerns in a Jan. 24 report about debt levels and the use of tax havens. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

☆ Stocks making the biggest moves midday: American Express, Intel, Silvergate Capital and more
▼ + stars: | 2023-01-27 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Colgate-Palmolive — Shares fell more than 4% after Colgate-Palmolive released its latest earnings results. The guidance came even as the company reported earnings that beat on top and bottom lines. Visa — The payments stock rose by more than 2% after a better-than-expected fiscal first quarter. Analysts surveyed by Refinitiv had expected earnings of $2.01 per share on revenue of $7.7 billion. Net revenue rose 12% year over year, with total cross-border volume climbing 22%.

☆ Stock futures tick down after the Dow posts a five-day win streak
▼ + stars: | 2023-01-26 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Stock futures slipped Thursday evening as investors look ahead to earnings and economic reports due Friday. S&P 500 futures and Nasdaq 100 futures were down 0.31% and 0.56%, respectively. The S&P 500 rose 1.10% and the tech-heavy Nasdaq Composite jumped 1.76%. The Dow and the S&P 500 have gained 1.7% and 2.2% this week, respectively. Investors may be watching Chevron's report closely after the company announced a $75 billion stock buyback and dividend boost on Wednesday.

☆ Did the economy end 2022 with a bang or a whimper?
▼ + stars: | 2023-01-22 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +7 min

But the United States economy still seems to be chugging along just fine after experiencing a hiccup in the first half of 2022. Despite worries about weaker consumer spending during the holidays, economists are forecasting solid growth for the fourth quarter. Yearning for earningsMore blue chip companies will report fourth quarter results (and perhaps give guidance about the first quarter of 2023 and beyond) this week. But according to FactSet senior earnings analyst John Butters, earnings for the tech sector are expected to fall nearly 10% in the fourth quarter compared to the fourth quarter of 2021. Verizon (VZ), Johnson & Johnson (JNJ), Travelers (TRV), 3M (MMM), Boeing (BA), Dow (DOW), Visa (V), Chevron (CVX) and American Express (AXP).

☆ Six stocks Goldman Sachs likes ahead of earnings
▼ + stars: | 2023-01-21 | by ( Alex Harring | ) www.cnbc.com time to read: +7 min

Goldman Sachs' analysts have stocks they are confident about going into a new earnings season. The stocks we found are Amazon , ServiceNow , Colgate-Palmolive , Boeing , Microsoft and Cleveland-Cliffs . Colgate-Palmolive Analyst Jason English raised estimates ahead of Colgate-Palmolive's Jan. 27 earnings as headwinds from foreign exchange turn in to tailwinds. While English said the uncertain global environment could hurt Colgate's business, he still expects the toothpaste and soap maker to meet Goldman's 9% per-share earnings growth forecast for the year. Specifically, we are now forecasting AWS growth to decelerate to +21% YoY (vs. +27.5% YoY in Q3'22) with more subdued growth expectations in 2023.

☆ Get ready for a deluge of data next week that will shape the Fed's next moves
▼ + stars: | 2023-01-21 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the portfolio, we'll get the latest earnings from Danaher (DHR), Halliburton (HAL), and Johnson & Johnson (JNJ) on Tuesday before the opening bell. While the results will be important as always, we are most interested in the earnings call with analysts and investors. Housing Starts fell 1.4% in December to a seasonally adjusted annual rate of 1.38 million, slightly above the 1.36 million expected. Building permits dropped 1.6% in December to a seasonally adjusted annual rate of 1.33 million, below expectations of 1.37 million. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ Earnings could keep the market on edge in week ahead as investors wait for Fed
▼ + stars: | 2023-01-20 | by ( Patti Domm | In | ) www.cnbc.com time to read: +8 min

I do think that will happen even more in the week ahead as the Fed is in a blackout period. S & P Global PMI data is released for both services and manufacturing Tuesday. "The market continues to think the Fed does not have to administer as much medicine as the Fed tells us they plan to. Earnings, earnings, earnings Stocks were lower in the past week, with the S & P 500 off by 1.8%. "It's a mild earnings recession, but it's an earnings recession.

☆ Morgan Stanley upgrades consumer goods maker Church & Dwight, says now is a good time to buy
▼ + stars: | 2023-01-17 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +2 min

Now's the time to snap up shares of Church & Dwight as the consumer goods maker is set to gain after a dismal 2022, according to Morgan Stanley. The firm on Monday upgraded the stock to overweight from equal weight and boosted its price target to $91 from $82. But, the firm expects a "sharp fundamental turn in 2023 to above-consensus organic sales and GM results," Mohsenian wrote. Morgan Stanley now expects robust second-half organic sales growth of 6.4%, solidly outperforming 2022 and moving ahead of its peers. Morgan Stanley is lowering its earnings per share estimates to be more in-line with consensus, but wouldn't be surprised to see upside in the second half of the year.

☆ Cloudflare Takes Aim at a Top Security Threat: Your Inbox
▼ + stars: | 2023-01-12 | by ( Belle Lin | ) www.wsj.com time to read: +5 min

Cloud-infrastructure company Cloudflare Inc. announced Wednesday new email security capabilities aimed at helping businesses defend against phishing, malware and other cyberattacks commonly targeting corporate email accounts. It provides web performance, cybersecurity and other services to millions of customers, of which more than 156,000 pay for its services. Matthew Prince, co-founder and CEO of Cloudflare Photo: Cloudflare Inc.Chief Executive Matthew Prince said the new security functions are also in response to an increase in ransomware and other sophisticated cyberattacks, some of which are perpetrated by relatively unsophisticated hackers. Prince said, referring to the growth of so-called “ransomware-as-a-service,” where ransomware operators provide malware programs to affiliates to launch attacks. Prince said Cloudflare, which was itself a customer of Area 1 before pursuing an acquisition, has more closely integrated its existing cybersecurity services with Area 1’s email security platform.

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