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Cake day: July 9th, 2023

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  • Kenvue spun out of Johnson & Johnson in May of 2023 and has had a rocky start. Its shares were down more than 30-percent since its IPO, but they are popping on this news. Kimberly-Clark shares meanwhile are sliding as investors digest the hefty price tag and weigh the debt and risks that come with a mega deal.

    Bigger picture - this is just part of a trend: big consumer brands are bulking up to handle rising costs and slower growth, and if approved, this one could be one of the largest buyouts in U.S. consumer history.

    For shoppers however, this could mean less competition in the aisles and potentially higher prices.

    That’ll do it for your daily briefing. From the New York Stock Exchange, I’m Caroline Woods with TheStreet.





  • I want you to look at something. This is me, okay?

    I blame American lefty non-voters, yes.

    I blame non-voters

    Now listen to yourself:

    You, instead, have doubled down on endorsing the Democratic Party’s practices by blaming people like me who had that same rock and a hard place vote and went a different direction.

    You voted; I’m not blaming you. Therefore I can not double-down on blaming you. Do you understand that? If so, you understand that you are wrong. If not, we’ve both wasted our time.

    You want to talk about reforming the DNC, making them worthy of everyone’s votes? Hell yeah. Me too. I got a whole bag of bitch to let out on the corporate dems.

    But in exactly one year, whatever we get done is what we get done and it’s time to vote again. If you think we should not hinder the republicans by voting Democrat then say so. If you have another viable option then say so. Otherwise, voting Democrat is THE answer in the likely scenario of the midterm elections and if I support it GOOD. Fuckin’ YAY ME.

    Fuckwits who want to do nothing but shit on the Dems and (wake up this is the important part) NOT VOTE are assholes and they need to get their shit together and help get us out of this turd reich.