|Bid||0.00 x 1800|
|Ask||0.00 x 1400|
|Day's Range||36.74 - 37.26|
|52 Week Range||32.63 - 51.07|
|Beta (3Y Monthly)||-0.04|
|PE Ratio (TTM)||43.14|
|Earnings Date||Nov 19, 2018 - Nov 23, 2018|
|Forward Dividend & Yield||1.40 (3.77%)|
|1y Target Est||36.50|
Jim Cramer breaks down what activist investors could bring to the table at Starbucks, Campbell Soup and PPG Industries.
Third Point founder Daniel Loeb has sent a letter to the Campbell's board saying 'no top notch CEO' will join the company with the proxy vote in a few weeks. This comes after Loeb hiked his stake on the stock to 7% on Tuesday. CNBC's Leslie Picker repo...
NEW YORK, Oct. 14, 2018 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
ClaimsFiler, a FREE shareholder information service, reminds investors that they have until November 27, 2018 to file lead plaintiff applications in a securities class action lawsuit against Campbell Soup Company (CPB), if they purchased the Company’s shares between August 31, 2017 and May 17, 2018, inclusive (the “Class Period”). This action is pending in the United States District Court for the District of New Jersey. Campbell Soup investors should visit us at https://www.claimsfiler.com/cases/view-campbell-soup-company-securities-litigation-1 or call toll-free (844) 367-9658.
Pomerantz LLP is investigating claims on behalf of investors of Campbell Soup Company (“Campbell” or the “Company”) (NYSE: CPB). Such investors are advised to contact Robert S. Willoughby at firstname.lastname@example.org or 888-476-6529, ext.
Campbell Soup Co. (CPB) is an iconic American brand with a history that dates back almost 150 years. Add to those snack foods with the acquisition of Snyder Lance. Warning! GuruFocus has detected 5 Warning Signs with CPB.
NEW YORK, Oct. 12, 2018 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
NEW YORK, Oct. 12, 2018 -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Campbell Soup.
Campbell Soup Company (CPB) announced today it has filed an investor presentation with the U.S. Securities and Exchange Commission in connection with its 2018 Annual Meeting of Shareholders, scheduled for Nov. 29, 2018.
Federman & Sherwood announces that on September 28, 2018, a class action lawsuit was filed in the United States District Court for the District of New Jersey against Campbell Soup Company (CPB). The complaint alleges violations of federal securities laws, Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5, including allegations of issuing a series of material or false misrepresentations to the market which had the effect of artificially inflating the market price during the Class Period, which is August 31, 2017 through May 31, 2018. Plaintiff seeks to recover damages on behalf of all Campbell Soup Company shareholders who purchased common stock during the Class Period and are therefore a member of the Class as described above.
NEW YORK, Oct. 11, 2018 -- The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
As we all know by now, on Wednesday U.S. stocks as the Dow Jones Industrial Average and the S&P 500 recorded their worst one-day drops since Feb. 8. The Dow Jones Industrial Average fell 831.83 points, or 3.2%, to 25,598.74. The S&P 500 dropped 94.66 points, or 3.3%, to 2,785.68, while Nasdaq Composite Index lost […] The post Stock Market News Daily Roundup October 11 appeared first on Market Exclusive.
In the daily bar chart of CPB, below, we can see a modest rally from early June to early August. Now look at the strength in the On-Balance-Volume (OBV) line -- the line goes up into September and has not really turned lower with prices. The trend-following Moving Average Convergence Divergence (MACD) oscillator turns lower in July and is below the zero line this month.
Activist investor Daniel Loeb and his hedge fund Third Point increased their stake in the Camden company. They want its board to hold off on choosing the next CEO until a new board has been implemented.
Activist investor Third Point LLC warned Campbell Soup Co. not to fill the open chief executive position at the food company ahead of its next annual meeting, which is scheduled for Nov. 29. In September, the activist investing firm led by Daniel Loeb launched a proxy fight to replace the entire board at Campbell, which lost its chief earlier this year amid flagging sales.
Yesterday we learned that Trian, the investment vehicle of Nelson Peltz, has built a 2.9% stake, or 7 million shares, in PPG -- a position largely built earlier in the year. Bill Ackman has accumulated 1.1% of Starbucks, an $878 million stake aided by the increase in the company's shares after the announcement of the new stake. Dan Loeb's Third Point, meanwhile, boosted its stake in the stock of Campbell's Soup from 5.65% to 6.9% -- and Loeb continues to put pressure on the company to replace its board.
CNBC's Jim Cramer breaks down what activist investors could bring to the table at Starbucks, Campbell Soup and PPG Industries. The "Mad Money" host also opines on whether individual investors should hop on board. With shares of Starbucks SBUX , Campbell Soup CPB and PPG Industries PPG now the targets of high-profile activist investors — and the rest of the market in a tailspin — CNBC's Jim Cramer wanted to make sure investors weren't getting ahead of themselves.
NEW YORK/CHICAGO (Reuters) - Third Point LLC warned Campbell Soup Co's (CPB.N) board on Wednesday against picking a new chief executive before next month's annual meeting, where the hedge fund wants to oust all current directors. Campbell reiterated last week that it is searching for a full-time replacement for former Chief Executive Denise Morrison, who left abruptly in May, and said on Wednesday that it expects to complete its search by year end. Third Point said in a letter sent to Campbell's board seen by Reuters that it is not appropriate to search for a new chief executive during a proxy contest when shareholders will be asked to vote on a new board at the meeting on Nov. 29.
“All best practices of corporate governance dictate that one of the most important responsibilities of any board is to hire and supervise a CEO,” Loeb said in a letter Wednesday to Chairman Les Vinney. “The board, with the support of leading candidate assessment and executive search firms, has been examining qualified candidates who possess a track record of proven results and achievement for months,” according to the statement. Campbell, based in Camden, New Jersey, has been without a permanent CEO since the unexpected departure of Denise Morrison in May. Shareholders are set to vote Nov. 29 on board nominees.
NEW YORK, Oct. 10, 2018 -- The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a.
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the District of New Jersey on behalf of purchasers of Campbell Soup Company (CPB) (“Campbell” or the “Company”) securities during the period between August 31, 2017 and May 17, 2018, inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until November 27, 2018 to seek appointment as lead plaintiff. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Campbell securities during the Class Period. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.
Third Point LLC's Dan Loeb on Wednesday escalated his change-of-control proxy fight at Campbell Soup Co. in a letter urging the soup and snack company to allow shareholders to have a voice in the company's CEO search process, essentially asking the company to wait until after the director battle he had launched concludes on Nov. 29 before picking a new CEO. "It seems to us that the chance of the company being able to attract a first-rate food executive in the middle of a proxy fight is low," Third Point said in a statement.
Activist hedge-fund manager Daniel Loeb sent a letter to the board of Campbell Soup that strongly suggests the company wait until a new board of directors is in place before selecting a new chief executive officer. Campbell shareholders will elect the board at a Nov. 29 annual meeting, and Loeb wants to throw all the current directors out.
Activist investor Daniel Loeb is scooping up more shares of Campbell Soup Co. According to a document filed Tuesday with the Securities and Exchange Commission, Loeb's hedge fund now owns a 7 percent stake in the Camden, New Jersey-based company. Loeb, who runs New York hedge fund Third Point LLC, has been pressuring Campbell Soup (NYSE: CPB) to either sell more assets to boost shareholder value or sell the entire company for a price of $58 per share. Campbell Soup has already confirmed plans to sell certain assets — Bolthouse Farms, Garden Fresh, Arnott’s and Kelsen brands — rather than put the entire company up for sale.