|Bid||39.12 x 800|
|Ask||39.14 x 800|
|Day's Range||38.56 - 39.75|
|52 Week Range||32.63 - 51.07|
|Beta (3Y Monthly)||-0.18|
|PE Ratio (TTM)||45.50|
|Earnings Date||Nov 20, 2018|
|Forward Dividend & Yield||1.40 (3.62%)|
|1y Target Est||36.27|
The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Campbell Soup Company (“Campbell” or “the Company”) (NYSE: CPB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between August 31, 2017 and May 17, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before November 27, 2018.
Campbell Soup Company announced today it distributed a letter to its shareholders in connection with its 2018 Annual Meeting of Shareholders, scheduled for Nov. 29, 2018.
NEW YORK, Nov. 18, 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. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
LOS ANGELES, CA / ACCESSWIRE / November 16, 2018 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Campbell Soup Company (''Campbell'' or ''the Company'') (NYSE: CPB) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's shares between August 31, 2017 and May 17, 2018, inclusive (the ''Class Period''), are encouraged to contact the firm before November 27, 2018.
NEW YORK, Nov. 16, 2018 -- Pomerantz LLP announces that a class action lawsuit has been filed against Campbell Soup Company (“Campbell” or the “Company”) (NYSE: CPB) and.
NEW YORK, Nov. 16, 2018 -- Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies..
On November 14, Hormel Foods Corporation (HRL) was trading at a 12-month forward PE multiple of 24.3x. Meanwhile, Tyson Foods (TSN) is trading at a 12-month forward PE ratio of ~9.7x. Pilgrim’s Pride (PPC), Sanderson Farms (SAFM), ConAgra (CAG), and Campbell Soup (CPB) are trading at 12-month forward PEs of 10.3x, 53.5x, 14.2x, and 15.4x, respectively, as of November 14.
It is time for a change at Campbell Soup Co. Shareholders should vote to approve activist hedge fund Third Point’s nominees to the company’s board. Third Point was initially seeking to replace the entire board, an ambitious move that faced long odds of approval and risked substantial disruption. This was underscored by a report on Wednesday from Institutional Shareholder Services that takes Third Point’s side.
As of November 14, of the 12 analysts covering Hormel Foods’ (HRL) stock, 17% recommend a “buy” while 67% recommend a “hold” and the remaining 16% recommend a “sell.”
Institutional Shareholder Services Inc. urged Campbell’s shareholders to vote for Loeb’s slate of five director candidates. Glass Lewis & Co. gave Loeb’s efforts a partial endorsement, saying investors should vote for three of his nominees. Campbell’s underperformance and weak fundamentals “appear directly linked to shortcomings in the company’s acquisition strategy, poor execution of mergers, and a lack of focus on the company’s core business,” ISS said Wednesday in its recommendation.
Institutional Shareholder Services noted that the Camden, N.J.-based food company has underperformed its competitors.
Shareholder advisory firms Institutional Shareholder Services and Glass Lewis backed a push by Daniel Loeb's hedge fund to make changes at Campbell Soup Co (CPB.N), including replacing some board members. ISS recommended that investors elect all five of Loeb's Third Point LLC board nominees, giving a boost to the activist firm, which is fighting a high profile proxy battle with the company. Days ago Loeb backed off his call to replace the entire 12-person Campbell board.
Many investors fear that as global economic growth shows signs of slowing, the rosy assumptions built into companies’ profit forecasts could prove wrong, and at least some of the lowest-rated high-grade debt may end up getting cut to junk. Blue-chip company debt has been clobbered this week, and is on track for its worst year since 2008. One of the biggest whipping boys in corporate bond markets has been GE, which is facing weak demand for gas turbines, high debt levels and a federal accounting probe.
“Campbell largely agrees with the thoughtful views outlined by Glass Lewis in its report and appreciates its recognition of the current Board’s recent actions to improve performance – including significant management change and conducting a comprehensive Board-led strategy and portfolio review. This proposal was rejected by Third Point. Further, as part of the proxy process, we carefully reviewed the backgrounds and qualifications of all of Third Point’s nominees.
Investors Who Overlooked the Food Sector Missed Out on McCormickMcCormick outperforms broader markets and peers
Campbell (CPB) has been witnessing strained margins for a while now and is likely to bear the brunt of cost inflation in Q1. However, gains from buyouts should offer some respite.
Now, with Trump appointees leading the U.S. Securities and Exchange Commission, business groups are optimistic that they will win some restrictions on so-called proxy-advisory firms. At issue are companies such as Institutional Shareholder Services and Glass Lewis, which mutual funds and other shareholders pay for advice on how to vote in corporate elections. The U.S. Chamber of Commerce has long argued that proxy-advisory firms have too much influence and are riddled with conflicts of interest, charges that ISS and Glass Lewis reject.
An influential proxy adviser thinks Campbell Soup Co. could use a little outside help. Institutional Shareholder Services Inc. recommended that the food maker’s shareholders vote for all five of activist hedge fund Third Point LLC’s director nominees, according to a report released to ISS clients Wednesday and viewed by The Wall Street Journal. Proxy advisers’ recommendations can influence which way some institutional shareholders vote.
Investor advisory firm Institutional Shareholder Services came out in support Wednesday night of all of activist firm Third Point's efforts to put five of its nominees on the soup company board. Three descendants of Campbell's founder currently sit on the Campbell board. In a blow to Campbell CPB , investor advisory firm Institutional Shareholder Services came out in support Wednesday night of activist firm Third Point's efforts to put five of its nominees on the soup company board.
The independent proxy advisory firm ISS is recommending that Campbell Soup shareholders vote in favour of activist investor Dan Loeb's bid to appoint five directors to the soupmaker's board. Mr Loeb's Third Point hedge fund "has presented a compelling case that change at the board level is warranted" and that "a robust dissident presence on the board may be necessary to instill a greater sense of urgency", the firm said in a report on Wednesday. ISS is one of the most-watched proxy advisory firms that can sway the vote of some institutional investors and Mr Loeb's fund, Third Point, had been eager to get its approval.
“We strongly disagree with ISS’s conclusion and continue to recommend that Campbell shareholders vote on the GOLD proxy card FOR the election of Campbell’s 12 highly qualified director nominees. “Campbell benefits from a diverse and highly qualified Board of Directors that is actively engaged and focused on maximizing value for all shareholders. The Campbell Board consists of 12 members, 11 of whom are independent and four of whom have been added since 2016.
NEW YORK, NY/ ACCESSWIRE / November 14, 2018 / Pomerantz LLP announces that a class action lawsuit has been filed against Campbell Soup Company ("Campbell" or the "Company") (CPB) and certain of its officers. The class action, filed in United States District Court, District of New Jersey, and index under 18-cv-15694, is on behalf of a class consisting of all persons and entities, other than Defendants and their affiliates, who purchased or otherwise, acquired Campbell securities between August 31, 2017 through May 17, 2018, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
NEW YORK, Nov. 14, 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.