Monday, June 20, 2022

Revlon bankruptcy

 Revlon appears to be going into bankruptcy yet again. We believe this is at least the second but could be wrong about that. Quite a few cosmetic companies have struggled in recent years. But it appears they may have options ready for a quick out. Revlon has been negotiating with creditors recently and there appears to be buyout interest as well albeit from a foreign conglomerate. Reliance Industries in India is rumored to be interested. However if this company is going to finally turn around, especially under new ownership or leadership it needs to be someone like Authentic Brands group (ABG). They know how to turn things around just look at what they are doing with the Sports Illustrated brand. It's amazing! 

Thursday, June 9, 2022

Business of investing

 When it comes to investing it can be fun but it is serious especially when you lose money so you must do your research to learn and study what you invest in. 

 Many of times we will speculate or fantasize about possible business combinations or what we would simply like to see happen. This is all for fun and not meant to be a recommendation about what you should or should not invest in.

 Let's start with our first test case. We have been watching Beyond Meat (BYND) for quite some time now. We believe in the concept and look forward to the many new products they will eventual produce. As of late the stock is really struggling. There is more and more competition coming every year and supply chain may be hindering them right now but the brand recognition and product partnerships are off to a solid start. People need to recognize it is meat and protein. Too many people, especially in the news, still refer to products as "fake meat: and that is simply not true. It's a different form of meat/protein. Regardless our thoughts on this stock would be a merger with Hain Celestial Group (HAIN) or even a buyout by Campbells Soup (CPB). Campbells is still absorbing previous snack acquisitions but it would be reasonable for them to expand more into the plant based category. Heck CPB could probably work a three way deal and pick up both BYND and HAIN if the price is right. And right now both stock are down while CPB released good earnings recently. 


BobsAllBusiness 

Wednesday, June 8, 2022

Welcome

 Welcome to our new blog BobsAllBusiness where we focus on the business news of the day and what is happening in the business world in general. 

    One of the main reasons we wanted to create this blog is because there is not enough regular business news out there that can help you make money. We subscribed to the Wall Street Journal (WSJ) for many years and discovered over time that it became too political. There was less and less business news that you could use and definitely not much to help you make money. 

    Our focus is on publicly traded companies and we list stock symbols so you can follow along. DO the research! We are not brokers and do not recommend you buy or sell anything. Rather we want to inform the general public on news events and things that are happening in the world of corporations. 

Tesla's Doom

 Lots of talk in the business world these days about Musk "going back" to his companies, but for Tesla it's too little too lat...