Here’s a look at some of the companies the Yahoo Finance team will be watching for you.
Goldman Sachs (GS) announced today that Harvey Schwartz, the firm’s president and co-chief operating officer, has decided to retire. That leaves David Solomon as sole president and COO of the firm. Solomon is also reportedly in line to replace Lloyd Blankfein as CEO when he steps down later this year.
A C-Suite shakeup at DowDuPont (DWDP). The chemical maker says Executive Chairman Andrew Liveris is stepping down next month after 14 years as CEO. He will remain on the board until July 1. The company’s co-lead director Jeff Fettig will assume Liveris’s role.
And there’s a positive call on a cold bowl of soup. Barron’s says Campbell Soup (CPB) could be a bargain after shares fell to their lowest levels in years. The paper says that while Campbell’s bottom line has taken a hit from the likes of Amazon (AMZN) and Walmart (WMT), the soup company’s plans to expand distribution to dollar stores and drugstores could boost profits.
Dropbox is prepping for one of the biggest tech IPOs in years. The web-storage company has set a valuation target of between $7 billion and $8 billion. It expects its shares to price in at a range of $16 to $18. Dropbox will trade on the Nasdaq late next week under the ticker symbol DBX.
Spotify is expected to go public on the New York Stock Exchange early next month, according to Bloomberg. Last week, the music streaming company filed for a direct listing. That means current Spotify shareholders will sell shares to investors and will not issue any new shares to raise money. Current valuations put Spotify at around $20B.