Inside Arbitrage Friday Wrap – An Encouraging Consumer Price Index (CPI) Report

  • January 13, 2023

FRIDAY WRAP

Our list of curated tweets for the current week

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U.S. Inflation and The Consumer Price Index (CPI)

Prices fell in December with the headline CPI at -0.1% (or a -0.9% annual rate).


It really is astonishing that core CPI is back at 3.1% on a 3-month annualized basis


Here’s the key to the CPI report


The next six CPI reports will "roll off" monthly jumps of +0.6%, +0.8%, +1.2%, +0.3%, +1.0% and +1.3%.


The inflation dilettante chart!


Special Situations

Corporate Insiders Embark On A Buyers’ Strike


As #JPMorgan Healthcare Conference enters its second day, companies like @BioNTech_Group , @AtavistikBio , @ExelixisInc ,and @Coherus_Bio are forming ever more deals, with hot spaces and next-generation therapies at stake.


Merger Mondays in high gear ⚙️ today


Tegna falls as Sen. Elizabeth Warren urges FCC to block sale to Standard General


$TGNA Lots of political support for the buyout highlighted by company today


Google $GOOG and Nvidia $NVDA have expressed concerns about Microsoft’s $MSFT Activision $ATVI takeover


The results from my quarterly M&A survey among arbs-- check out their top picks of pre-event ideas & takeover targets.


CVS is exploring an acquisition for Oak Street Health


Franchise Group, the investment firm that owns retailers including Vitamin Shoppe and that tried to buy Kohl's last year, is considering going private.


Sandwich chain Subway is on the block


#Activist Nelson Peltz has a narrow path for victory with his director contest at @Disney


TD SYNNEX Reports Fiscal 2022 Full Year and Fourth Quarter Results; Announces Dividend Increase and New $1B Share Repurchase Authorization


Rite Aid has a market cap of $200 mln despite its large size. $RAD CEO is out.


Builders FirstSource $BLDR appoints Dave Rush as Chief Executive Officer.


Apple CEO Tim Cook's total compensation target for 2023 will be $49 million


Investing

Well, 2022 was a good start.


$FSLY Getting some institutional love


“CRM: deep value on EBITDA” not something I would have expected a year ago.


Institute of Supply Management (ISM) 2 pieces.


$M Macy's guiding down saying holiday sales were weaker than expected. On a Friday AFTER the bell is dirty.


Berkshire Hathaway continues to trim its position in BYD.


The SEC has charged cryptocurrency lender Genesis Global Capital and the cryptocurrency exchange Gemini Trust with offering unregistered securities through a program that promised investors high interest on deposits.


I keep trying to use ChatGPT for @AcquiredFM research, but it keeps lying. And so confidently!


Jeff Bezos: Be like Howard Hughes. Insist on maintaining the highest standards.