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LONDON, June 27 (Reuters) - Reckitt's (RKT.L) Lysol disinfectant brand said on Tuesday that it would start selling in the U.S. an "air sanitizing spray" that kills 99.9% of airborne viruses and bacteria. The spray, which Reckitt said helps reduce the spread of airborne pathogens such as cold, Influenza and Coronavirus, has been approved by the U.S. Environmental Protection Agency. During the COVID-19 pandemic, Reckitt, Clorox (CLX.N) and other disinfectant makers benefited from a boom in sales of surface cleaners and wipes. At the time, there were no products suited to sanitizing air, though some anxious consumers took to spraying surface cleaners into their surroundings. The formula contains active molecules that are hygroscopic in nature, which allows the molecules to attach to microorganisms suspended in the air.

Persons: Reckitt, We'd, Chris Jones, Richa Naidu, Louise Heavens Organizations: U.S . Environmental Protection Agency, Thomson Locations: U.S

☆ Here are 'anti-inflation' stocks that outperform as prices ease
▼ + stars: | 2023-06-13 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Inflation continued to slow in May, and the stocks that have benefited from easing prices could continue to enjoy the boost. The inflation rate cooled in May to its lowest annual rate in about two years, with the consumer price index increasing just 0.1% for the month. A slew of stocks have historically tracked the opposite direction of rising prices, and they should continue to outperform the market as inflation cools, according to Bank of America analysis. The Wall Street firm created an "Anti-Inflation" screen with S & P 500 companies whose relative performance has a strong negative relationship — or beta — with inflation. Bank of America's screen also included other consumer discretionary names such as O'Reilly Automotive , Ross Stores , Home Depot and Lowe's .

Organizations: Bank of America, Bank of, O'Reilly Automotive, Ross Stores, Kroger

☆ Why Inflation Is the Excuse for Higher Grocery Prices - The New York Times
▼ + stars: | 2023-05-29 | by ( Stacy Mitchell | ) www.nytimes.com time to read: +2 min

Food Fresh is the only grocery store in a rural stretch of southeastern Georgia. Big retailers like Walmart and Kroger “have a handle on suppliers that I can’t touch,” said Food Fresh’s owner, Michael Gay. The chains wrest deep discounts from suppliers, making it impossible for the store to come close to matching their prices. To understand why grocery prices are way up, we need to look past the headlines about inflation and reconsider long-held ideas about the benefits of corporate bigness. Major grocery suppliers, including Kraft Heinz, General Mills and Clorox, rely on Walmart for more than 20 percent of their sales.

☆ Here are stocks that win when inflation slows
▼ + stars: | 2023-05-10 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Inflation moderated a tad in April, and so stocks that win historically when inflation eases could be big winners ahead if that trend continues. The easing in inflation could give a boost to stocks that have historically tracked the opposite direction of rising prices, according to Bank of America analysis. The Wall Street firm created an "Anti-Inflation" screen with S & P 500 companies whose relative performance has a strong negative relationship — or beta — with inflation. Amazon is on the top of the list with the strongest negative relationship to inflation. Consumer staples should also benefit from easing inflation, including Clorox and Kroger , which have historically moved in opposite direction to inflation.

☆ Consumers are finally pushing back against 'greedflation' and rejecting pricey charcoal
▼ + stars: | 2023-05-05 | by ( Alex Bitter | ) www.businessinsider.com time to read: +2 min

Clorox's Kingsford raised prices on charcoal early this year as it prepared for grilling season. Most consumers are wary of "greedflation," or when companies raise prices to pad their profit. That included price hikes on Kingsford, Clorox's charcoal brand, CFO Kevin Jacobsen told Reuters. According to Reuters, eight pounds of Kingsford Original Charcoal briquettes, for instance, cost $7.92 on Walmart's website this week. As a result, Kingsford lost market share to competitors, Jacobsen told Reuters.

☆ Stocks making the biggest moves midday: CVS Health, Eli Lilly, Clorox, Yum and more
▼ + stars: | 2023-05-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

CVS cut its 2023 adjusted earnings guidance to a range of $8.50 to $8.70 per share from its previous projection of $8.70 to $8.90 per share. On Tuesday, the consumer products firm posted fiscal third-quarter adjusted earnings per share of $1.51 topped the $1.22 per share expected by analysts polled by Refinitiv. Revenue also beat, coming in at $1.91 billion versus the $1.82 billion expected by Wall Street. AMD also said it expects about $5.3 billion in sales in the current quarter, less than the $5.48 billion expected by Wall Street. Its adjusted earnings per share for the first quarter came in at $1.06, compared to the $1.13 expected, per Refinitiv.

☆ Morning Bid: Volatile news, not markets
▼ + stars: | 2023-05-02 | by ( ) www.reuters.com time to read: +5 min

While the Federal Reserve is almost certain to raise interest rates again on Wednesday, the move could be its last. So in a holiday-strewn month around the world, the VIX (.VIX) - Wall St's so-called 'fear gauge' of the implied stock market volatility for the month ahead - hit its lowest level on Monday since November 2021. Even though it ticked back up a bit above 16 overnight, it remains three full points below its 33-year historical average. For macro markets, the Fed decision is complicated by the debt ceiling and banking backdrop. March job openings numbers later on Tuesday will give an indication of just how tight the labor market remains.

☆ Stocks making the biggest moves after hours: Ford, Starbucks, Clorox and more
▼ + stars: | 2023-05-02 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Ford Motor — Ford topped analysts' expectations on the top and bottom lines, according to Refinitiv. However, the firm reiterated its prior full-year guidance of adjusted earnings between $9 billion and $11 billion, as well as about $6 billion in adjusted free cash flow. Clorox — Clorox gained 1% after topping analysts' expectations on the top and bottom lines. Caesars Entertainment — Caesars Entertainment slid about 0.2% after missing analysts' first-quarter earnings expectations. Otherwise, it reported revenue of $2.83 billion, beating the $2.76 billion forecast.

☆ A solid start to earnings season will be put to the test in the week ahead
▼ + stars: | 2023-04-29 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

The biggest week of this earnings season showed us that things aren't as bad as many feared. The week ahead of earnings, including several more Club names, should tell us more. The results are always important, but it's the guidance and management commentary we will really hone in on to better understand the path ahead. In Amazon's case, a solid first quarter for its AWS cloud business was overshadowed by management seeing a material slowdown in April. ET: Nonfarm Payrolls Looking back It was the biggest week of this earnings season for the Club as several of our mega-cap holdings and industry bellwethers reported results.

☆ Markets next week have to contend with how aggressive the Fed drumbeat sounds
▼ + stars: | 2023-04-28 | by ( Scott Schnipper | ) www.cnbc.com time to read: +8 min

"Is Chairman Powell going to say, 'It is likely that we pause now and assess what the economy is going to do?' "The tone on that balance is going to be very critical to how the market is going to move next week." "What is [Powell] going to do? June Fed meeting The betting on Wall Street right now is that, after next week, the Fed will standpat at its next meeting six weeks later, on June 13-14. Beyond Apple, some 161 other companies in the S & P 500 index are scheduled to report latest-quarter results next week.

☆ Gap to lay off about 1,800 employees in second round of job cuts
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +2 min

April 27 (Reuters) - Gap Inc (GPS.N) said on Thursday it would cut about 1,800 jobs in a second round of layoffs, joining a set of big U.S. companies that are downsizing in earnest as high inflation eats into consumer wallets. In September, Gap eliminated about 500 corporate workers across a range of departments as it struggled to protect margins and battled weak sales. As of Jan. 28, the apparel chain had about 95,000 employees, according to a regulatory filing. The Wall Street Journal first reported on the new round of job cuts earlier this week. Reporting by Anne Florentyna Gnanaraja Sekar and Ananya Mariam Rajesh in Bengaluru; Editing by Savio D'SouzaOur Standards: The Thomson Reuters Trust Principles.

For many shoppers, Bed Bath & Beyond’s bankruptcy filing on Sunday was a call to action. Its 360 Bed Bath & Beyond stores would soon be closing, as would its 120 Buy Buy Baby locations. Shoppers have until Wednesday to use their coupons. Around the country, they rounded up the ubiquitous blue slips of paper offering 20 percent off, stuffed them in pouches and plastic bags, and made their way to the nearest Bed Bath & Beyond. At a store in Manhattan’s Chelsea neighborhood on Monday, Sylvia Ward, a self-described Bed Bath & Beyond aficionado from the Bronx, said news of the closings had “absolutely devastated” her.

CNBC Pro looked at the 100-day rolling correlations of S & P 500 stocks to West Texas Intermediate futures to see which names tend to follow oil the closest. In other words, when oil rises, these stocks tend to follow it higher. Clorox and General Mills both have negative current correlations to oil. In other words, when oil rises, these stocks have fallen lately. Both stocks are underperforming oil this week, with Clorox losing 0.1% and General Mills advancing just 1.7%.

☆ Beware of these S&P 500 stocks expected to struggle
▼ + stars: | 2023-03-19 | by ( Fred Imbert | ) www.cnbc.com time to read: +3 min

Investors may want to consider dumping some stocks expected to underperform going forward, especially as market volatility remains elevated. Bleach maker Clorox made the list with an average analyst rating of underweight. The transportation stock has an average rating of hold, and 25% of analysts covering it rate it as sell. The average analyst price target on C.H. Other stocks that made our list are Pinnacle West Capital , Expeditors International of Washington , Consolidated Edison and T. Rowe Price .

☆ Bank of America: Buy these 22 stocks that will outperform as people look for ways to save in a recession that will push even high-income Americans to spend less
▼ + stars: | 2023-03-19 | by ( Marley Jay | ) www.businessinsider.com time to read: +2 min

The firm has picked the stocks it thinks will win — and lose — as customers cut their spending. Bank of America thinks a recession is coming, despite the fact that the US economy is still holding up fairly well right now. "We see risks to higher-end exposed US stocks this year, in part due to an amplified wealth effect," Hall wrote. Hall thinks those could include winter clothing maker Canada Goose, home goods retailer Bed Bath & Beyond, electronics retailer Best Buy, and consumer products companies like Clorox and Kimberly-Clark. But the following 22 companies all have "Buy" ratings from Bank of America, and Hall expects them to benefit from the oncoming economic slump as high-earners cut back on spending.

☆ Here are the most overbought and oversold stocks on Wall Street right now
▼ + stars: | 2023-03-04 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Some of the most overbought and oversold stocks on Wall Street right now include Bank of America and a water treatment company. Meanwhile, a stock with a 14-day RSI lower than 30 is considered oversold, a signal of poor sentiment around the firm. According to a CNBC Pro screen of FactSet data, here are the 10 most overbought stocks in the S & P 500. Ecolab was among the most overbought stocks in the S & P 500. Other overbought names include Clorox Co . and Mosaic Co. We also screened for the most oversold stocks in the benchmark stock index.

LONDON, March 1 (Reuters) - Reckitt Benckiser (RKT.L), maker of Dettol and Lysol cleaning products, on Wednesday marginally beat full-year like-for-like net revenue expectations, helped by higher prices and its nutrition and health businesses. The company said it would target like-for-like net revenue growth of mid-single digits for 2023, excluding the substantial boost its 2022 sales received from the recall of a rival's infant formula. Abbott Laboratories (ABT.N) early last year recalled dozens of infant nutrition products in the United States after customers complained of infants contracting bacterial infections. Reckitt, its biggest rival at the time, ramped up production to fill the supply gap left by Abbott, helping to drive full-year like-for-like net sales growth of about 23% in its nutrition business. The company said full-year like-for-like net revenue increased by 7.6%, edging ahead of analysts' expectations of a 7.5% rise, according to a company-provided consensus.

☆ These 13 beaten-down stocks offer a 'margin of safety' from a possible credit shock, according to a top-1% fund manager
▼ + stars: | 2023-02-28 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Higher-than-anticipated interest rates could lead to economic pain and even a credit shock. Top-1% fund manager James Abate explained why he hasn't given up on stocks yet. Here are 13 value stocks to buy in this shaky environment, according to Abate. Leading fund manager James Abate isn't predicting a repeat of the financial crisis, but he is worried that banks could get their biggest test in years if interest rates keep rising. While nothing is guaranteed in markets, Abate said that 2023 will provide many opportunities for fund managers like him to outperform.

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.

☆ Stay away: These stocks are expensive and most vulnerable to a consumer slowdown, Wolfe Research says
▼ + stars: | 2023-02-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Consumer spending is likely to turn negative following "a series of rolling recessions," and there are several vulnerable stocks that investors may want to steer clear of in the months ahead, according to Wolfe Research. Most of them have highly volatile gross margins, leaving them vulnerable to disappointing consumer spending. It's followed in volatility by Peloton , with gross margin volatility of 31%. Its gross margin volatility is 13%. DraftKings and Las Vegas Sands are also near the top in terms of gross margin volatility, at 26% and 25%, respectively.

☆ CPGs like Coca-Cola, P&G, and Clorox break down their marketing investments as consumers reckon with price hikes
▼ + stars: | 2023-02-21 | by ( Ryan Joe | ) www.businessinsider.com time to read: +4 min

Many CPGs like Coca-Cola, P&G, and Clorox don't intend to increase their current level of marketing. As the economic squeeze continues, CPG brands like Procter & Gamble, Coca-Cola, and Clorox are being ultra-cautious about their marketing spend. Major CPGs spent hundreds of millions, and at times billions, on ads in 2022. Clorox spent $280 million, Coca-Cola spent $646 million, and Unilever spent $746 million according to data from Vivvix, an ad intel platform owned by Kantar, and social data from Pathmatics. Clorox, Coca-Cola, and Unilever didn't respond to a request for comment.

☆ Analysis: To raise prices or not? Consumer goods makers weigh bets on buyer strength
▼ + stars: | 2023-02-20 | 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: +6 min

But, there are small signs the pressure is easing, with U.S. consumer prices a month earlier declining for the first time in two-and-a-half years, due in part to gas prices. Price hikes - or halts - are set to take center stage at the Consumer Analyst Group of New York annual conference on Feb. 20 in Boca Raton, Florida. DIFFERENT PREDICTIONSAfter more than a year of consistent price hikes, some consumer goods makers such as Kraft Mac & Cheese manufacturer Kraft Heinz Co (KHC.O) are pressing pause as they weigh consumer demand for their items. Frozen pizza prices have risen about 14% in the last year, according to IRI data. "Retailers cannot truly push back on prices … if the company has an important brand," Bernstein analyst Bruno Monteyne said.

☆ CPGs like Coca-Cola and P&G don't want to spend more on marketing, but might have to if consumers get fed up with all the price increases
▼ + stars: | 2023-02-16 | by ( Ryan Joe | ) www.businessinsider.com time to read: +4 min

☆ Wonya Lucas is making big changes at the Hallmark Channel
▼ + stars: | 2023-02-14 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +7 min

And she's done it all while staying true to the Hallmark brand, which Lucas said is always on her mind. Courtesy: Hallmark MediaUnder Lucas, Hallmark's "Countdown to Christmas" movie slate has increasingly changed. When Lucas became CEO of Hallmark Media, which also includes the Hallmark Movies and Mysteries network, it had also been coming out from under a firestorm of controversy. There needed to be more diversity in both casting and storylines," Hamilton Daly said. Zoom In Icon Arrows pointing outwards Three Wise Men and a Baby Hallmark Media

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