December 15, 2025 05:01 AM GMT US Equity Strategy | North America Weekly Warm-up: Fed Actions Support Our "Run It Hot" Thesis, but Are They Enough? The Fed executed a slightly less "hawkish" cut than expected and surprised by restarting asset purchases—a bullish signal, supporting our views, but liquidity proxies traded poorly on Friday. If this continues, it'll keep us focused on the near-term risk the Fed may not be doing enough…yet. M Idea Morgan Stanley & Co. LLC Michael J Wilson Equity Strategist M.Wil ...

A California jury on Friday awarded $40 million to two women who said Johnson & Johnson’s JNJ.N baby powder was to blame for their ovarian cancer.The jury in Los Angeles Superior Court awarded $18 million to Monica Kent and $22 million to Deborah Schultz and her husband after finding that Johnson & Johnson knew for years its talc-based products were dangerous but failed to warn consumers. Erik Haas, Johnson & Johnson’s worldwide vice president of litigation, said in a statement the company plans to “immedia ...

Core Points - A California jury awarded $40 million to two women claiming that Johnson & Johnson's baby powder caused their ovarian cancer [1] Company Summary - Johnson & Johnson faces legal challenges related to its baby powder product, with significant financial implications following the jury's decision [1]

预告片及剧集将于 2026 年 1 月上线；在社交平台首发后将推出专属应用体验洛杉矶, Dec. 12, 2025 (GLOBE NEWSWIRE) -- 纯净美妆与个人护理品牌 Native、Procter & Gamble 旗下企业 P&G Studios，以及 dentsu 旗下的 dentsu Entertainment 今日共同宣布，三方将推出美国首部由品牌联合出品的院线级“肥皂短剧”。这部以社交平台为首发阵地、由 Pixie USA 制作的短剧《The Golden Pear Affair》重塑经典肥皂剧，专为移动端优先的竖屏时代而生。全新“肥皂短剧”形式专为当今习惯于划动浏览的观众设计，通过短小精悍的剧集，呈现快节奏的叙事、悬念迭起的情节和角色成长弧线。全剧共 50 集，讲述了一个完整、具有电影质感的故事，其规模堪比一部院线级电影。从广播肥皂剧的开创性起源，到如今如《Beyond the Gates》(CBS) 这样的当代热门剧集，P&G 及其合作伙伴持续引领着肥皂剧类型的演进。 The Golden Pear Affair 的预告片将于 2026 年 1 月首播，随后剧集将登陆各大主流社交平 ...

Core Insights - The Honest Company is participating in the Northland Growth Conference 2025, with key executives attending to engage with investors [1] Company Overview - The Honest Company, listed on NASDAQ as HNST, focuses on creating cleanly-formulated and sustainably-designed personal care products across various categories including diapers, wipes, baby personal care, beauty, apparel, household care, and wellness [2] - Founded in 2012, the company aims to challenge traditional ingredients and industry standards through its Honest brand and mission [2]

TOKYO--(BUSINESS WIRE)--Unicharm Corporation (TOKYO: 8113) has announced the development of an innovative new technology, the "Dry Washing Method," as part of its "RefF (Recycle for the Future)" disposable diaper recycling project. This pioneering method is set to open the path for disposable diaper recycling globally, particularly in water-scarce regions. The Potential of the "Dry Washing Method" The main technological breakthrough is the dramatic reduction of water consumption. The Dry Washin. ...

Core Insights - Native, P&G Studios, and dentsu Entertainment have collaborated to produce the first brand co-produced feature-length "microsoap" in the US, titled "The Golden Pear Affair" [1][4] - The series consists of 50 episodes designed for mobile-first audiences, delivering fast-paced storytelling with cliff-hangers and character arcs [1][5] - The project reflects the evolution of the soap opera format, with a projected global revenue of $11 billion for microdramas in 2025, highlighting significant market potential [5] Company Summaries - **Native**: Founded in 2015, Native is a personal care brand focused on clean and effective products made from naturally derived ingredients, including deodorants and body care items [9] - **P&G Studios**: This division of Procter & Gamble develops and produces narratives that foster connections with consumers, having been involved in various successful projects across multiple platforms [10] - **dentsu Entertainment**: A specialist division of dentsu, dedicated to creating and marketing content that resonates culturally, spanning various formats including film and TV [11] Project Details - "The Golden Pear Affair" will premiere its trailer in January 2026, with the series launching on social platforms and later expanding to a proprietary app [3] - The storyline explores themes of self-discovery and adventure, aligning with Native's new limited edition collection, Global Flavors, which features fragrances inspired by global locations [3][6] - The collaboration aims to enhance consumer engagement through innovative storytelling that integrates brand messaging with entertainment [7][8] Market Trends - Microdramas are rapidly gaining popularity, with the U.S. emerging as a significant market for this format, following China [5] - Dentsu is actively investing in next-generation storytelling platforms, reinforcing its position in the creator economy and vertical video formats [6] - The partnership between dentsu, P&G Studios, and Native exemplifies a trend towards blending brand storytelling with mobile entertainment [8]

Core Viewpoint - L'Oréal Groupe is set to acquire an additional 10% stake in Galderma Group, raising its total ownership to 20%, with the transaction expected to complete in the first quarter of 2026, pending regulatory approvals [1][2]. Group 1: Acquisition Details - The additional shares will be purchased from a consortium led by EQT, including Sunshine SwissCo, Abu Dhabi Investment Authority (ADIA), and Auba Investment [1]. - Financial terms of the deal have not been disclosed [1]. - The acquisition will be financed through L'Oréal's existing cash resources and credit facilities [2]. Group 2: Strategic Intent - L'Oréal's CEO emphasized that aesthetics is a key area for growth adjacent to their core beauty business, and the initial investment in Galderma has been successful [2]. - Following the deal, Galderma's board will consider nominating two non-independent board candidates from L'Oréal for the 2026 Annual General Meeting [3]. Group 3: Future Collaboration - The two companies plan to explore new joint scientific research initiatives to expand their existing collaboration [4]. - Galderma's CEO expressed satisfaction with L'Oréal's increased investment, indicating confidence in future value creation [4]. - Galderma operates in 90 countries and is listed on the SIX Swiss Exchange [5].

December 8, 2025 05:01 AM GMT Thematic Alpha & Consumer | North America Consumer & Retail Conference Wrap Up: Thematic Takeaways and Answers to Key Questions Several key themes emerged from our consumer & retail conference including soft macro & the K-Economy, social & agentic commerce, AI adoption, health, wellness, & GLP-1s, and tariffs. We also include analyst takeaways on the health of the consumer by industry and answers to key questions. Last week, Morgan Stanley hosted its annual Global Consumer & Re ...

The new stake places Bath and Body Works outside the fund’s top five holdings by value.BARINGTON Companies Management, LLC made a significant addition to its portfolio in the third quarter of 2025.What happenedAccording to a filing with the Securities and Exchange Commission dated November 12, 2025, BARINGTON initiated a new position in Bath & Body Works (BBWI +0.21%). The fund acquired 125,000 shares, bringing the position’s value to $3.22 million, or 2.42% of its $133.17 million total reportable assets as ...