CPB - Campbell Soup Company
| Previous Close | 40.06 |
| Open | 40.05 |
| Bid | 39.50 x 1100 |
| Ask | 45.00 x 800 |
| Day's Range | 39.74 - 40.27 |
| 52 Week Range | 32.63 - 51.07 |
| Volume | 1,533,026 |
| Avg. Volume | 4,455,943 |
| Market Cap | 12.068B |
| Beta | -0.14 |
| PE Ratio (TTM) | 46.67 |
| EPS (TTM) | 0.86 |
| Earnings Date | Nov 19, 2018 - Nov 23, 2018 |
| Forward Dividend & Yield | 1.40 (3.39%) |
| Ex-Dividend Date | 2018-07-12 |
| 1y Target Est | 37.00 |
- Market Realist•14 hours ago
What Could Restrict the Recovery in Campbell Soup Stock?
The Campbell Soup Company’s (CPB) worries are likely here to stay—at least for the next couple of quarters. The company’s top line is expected to gain from incremental sales from its Snyder’s-Lance acquisition. Meanwhile, Conagra Brands (CAG) announced its acquisition of Pinnacle Foods.
Market Realist•16 hours agoWill These Troubled Food Stocks See Recovery in 2018?
Shares of packaged food manufacturers have eroded a significant amount of investors’ wealth so far this year. Weak organic sales, low margins, and earnings pressures are taking a toll on the financials of these companies and, in turn, their stock prices.
- Investing.com•2 days ago
Stocks - Midday Movers: Cannabis Soars, Consumer Staples Slump
Investing.com - Cannabis stocks were off to the races again midday after a regulatory announcement, while consumer staples were hit by a double whammy of trade tensions and weak earnings.
Markit•2 days agoSee what the IHS Markit Score report has to say about Campbell Soup Co.
Campbell Soup Co NYSE:CPB
- American City Business Journals•3 days ago
Activist investor claims to have 'damaging info' on Campbell Soup board member
Bennett Dorrance, a descendent of the company’s founder, is in the cross hairs of activist investor Dan Loeb.
- Barrons.com•5 days ago
Glenn Krevlin Wants a Seat at Destination XL
It had filed an earlier proxy seeking to replace only three directors and to push for a sale of the company, which it characterized as the only “justifiable outcome of a strategic review.” At the end of August, Campbell announced its intention to sell its fresh food units, including Bolthouse Farms, and its overseas brands Arnott’s and Kelsen. Birch Partners disclosed on Sept. 9 that it had entered into a voting agreement with (SAIC)(SAIC) to vote its stake of 17,920,892 shares, or 48.5% of Engility’s stock, in support of SAIC’s $1.5 billion merger bid for Engility announced on Sept. 10. Water Island Capital revealed an initial position in the apparel maker of 867,606 shares, or 5.5% of the publicly traded stock, over the time span from July 2 through Aug. 31 at prices ranging from $27.50 to $29.32 apiece.
- Reuters•5 days ago
Campbell, Third Point urge shareholders to vote for two different boards
Third Point, run by billionaire investor Daniel Loeb, launched a proxy fight last week to replace Campbell's 12-member board. Loeb's $18 billion hedge fund, which owns a 5.65 percent stake, said at the time that the soup-maker was in a "mess" and faulted its board for failing to take corrective action.
- Reuters•5 days ago
Campbell, Third Point urge shareholders to vote for two different boards
(Reuters) - Campbell Soup Co and hedge fund Third Point LLC on Friday filed preliminary proxy materials urging the food company's shareholders to vote in favor of two entirely different slates of board nominees. Third Point, run by billionaire investor Daniel Loeb, launched a proxy fight last week to replace Campbell's 12-member board. Loeb's $18 billion hedge fund, which owns a 5.65 percent stake, said at the time that the soup-maker was in a "mess" and faulted its board for failing to take corrective action.
- The Wall Street Journal•5 days ago
[$$] At Campbell Soup, Heirs Hold the Key as Activist Tries to Remake Board
Activist investor Daniel Loeb is testing the cohesion of the family that has controlled Campbell Soup Co. for more than a century with his push to unseat the board and potentially sell the company. Mr. Loeb’s campaign to replace the soup maker’s board, announced last week, needs backing from descendants of John T. Dorrance, the inventor of Campbell’s condensed soup. Additionally, two-thirds of shareholders would need to approve the full sale that Mr. Loeb has called for, according to Campbell’s charter.
Market Realist•6 days agoWhat Analysts Recommend for GIS Stock
Analysts maintained a neutral outlook on General Mills (GIS) stock before its earnings for the fiscal first quarter of 2019. Incremental sales from the Blue Buffalo acquisition, higher net price realization, cost and productivity savings, and lower taxes are expected to drive the company’s financials.
- Business Wire•7 days ago
Campbell Named to the Dow Jones Sustainability Indices for 10th Consecutive Year
Campbell Soup Company (CPB) has been named to the Dow Jones Sustainability North America Index for the 10th consecutive year. “Campbell is honored to again be included on the Dow Jones Sustainability Indices,” said Dave Stangis, Campbell’s Chief Sustainability Officer.
Market Realist•7 days agoDebt, Weak Base Business Could Affect General Mills in Fiscal Q1
General Mills (GIS) is expected to announce its results for the fiscal first quarter of 2019 on Tuesday, September 18. Analysts expect the company’s top line to gain significantly from its recent acquisition of Blue Buffalo. However, continued weakness in its underlying business remains a concern. Analysts expect General Mills’ organic sales growth to remain low as benefits from higher pricing are expected to be offset by soft volumes.
Markit•7 days agoSee what the IHS Markit Score report has to say about Campbell Soup Co.
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on September 7. Index (PMI) data, output in the Consumer Goods sector is rising.
- Moody's•8 days ago
Campbell Soup Company -- Moody's confirms Campbell Soup at Baa2/Prime-2; outlook revised to negative
Moody's Investors Service, Inc. ("Moody's") today confirmed Campbell Soup Company's ("Campbell") senior unsecured debt rating at Baa2 and its commercial paper rating at Prime-2. The ratings outlook is negative. The review was prompted by an unexpectedly sharp decline in profitability in Campbell's fiscal third quarter and the sudden resignation of the company's Chief Executive Officer.
- Zacks•8 days ago
Campbell Down 7% in 6 Months: High Costs Not the Only Factor
Campbell (CPB) posts negative sales surprise in six of the past seven quarters. The company has also been witnessing strained margins due to cost inflation.
Markit•9 days agoSee what the IHS Markit Score report has to say about Campbell Soup Co.
Campbell Soup Co NYSE:CPB
- Thomson Reuters StreetEvents•9 days ago
Edited Transcript of CPB earnings conference call or presentation 30-Aug-18 12:30pm GMT
Q4 2018 Campbell Soup Co Earnings Call
- Business Wire•10 days ago
Campbell Appoints Craig Slavtcheff Head of Research & Development
Campbell Soup Company (CPB) today announced the appointment of Craig Slavtcheff, 51, as Vice President and Head of Research and Development (R&D). Slavtcheff will lead Campbell’s entire R&D organization, including strategy, innovation and product development for the company’s divisions, as well as its science and technology, regulatory, nutrition, and culinary teams. “Effective Research and Development is a critical component of Campbell’s focused strategy to leverage our leading brands and market positions in North America.
- Reuters•10 days ago
Exclusive - Campbell Soup steps up CEO search, COO a contender: sources
Third Point unveiled a slate of nominees on Friday to replace Campbell's 12-member board, pushing it to more actively explore a sale and criticizing its lack of a succession plan after Chief Executive Denise Morrison left in May. Morrison's departure came after several years of weak corporate earnings. Campbell board member Keith McLoughlin, who has served as interim CEO since Morrison's departure, has said he is not interested in the job on a permanent basis.
- Reuters•10 days ago
Exclusive: Campbell Soup steps up CEO search, COO a contender - sources
Third Point unveiled a slate of nominees on Friday to replace Campbell's 12-member board, pushing it to more actively explore a sale and criticizing its lack of a succession plan after Chief Executive Denise Morrison left in May. Morrison's departure came after several years of weak corporate earnings. Campbell board member Keith McLoughlin, who has served as interim CEO since Morrison's departure, has said he is not interested in the job on a permanent basis.
- CNBC•10 days ago
Stocks making the biggest moves premarket: TSLA, CBS, AAPL, BABA, AMZN & more
Check out the companies making headlines before the bell: Tesla TSLA – The electric automaker continues to lose senior leadership, with C-suite executives Dave Morton and Gaby Toledano becoming the latest of 41 total executives who have left Tesla this year.
- MarketWatch•11 days ago
Is Campbell Soup making a bad decision to sell its fresh food business?
Investors may think so, given the more than 2% slide in the stock on Thursday, after the company announced a new strategic direction with plans to offload its troubled fresh food and international businesses to refocus on snacks and meals and beverages, including soup.
- Motley Fool•12 days ago
This Activist Investor Won't Like Campbell Soup's New Strategy
A proxy battle for control of the board of directors is likely to ensue.
Reuters•13 days agoKraft Heinz sees rising costs, still weighing M&A deal: CEO
Kraft Heinz Co is feeling the pinch from trade conflicts and rising costs, but is still willing to consider an acquisition to fuel growth, its chief executive officer said on Friday. CEO Bernardo Hees said in an interview that the maker of Heinz ketchup and Maxwell House coffee is "being hurt" by retaliation over U.S. steel and aluminum tariffs, which Canada responded to by slapping taxes on goods ranging from sauces to coffee. Kraft Heinz has described coffee as one of its key commodities in the United States and Canada.
- CNBC Videos•13 days ago
Third Point seeks to replace entire Campbell Soup board
CNBC's Leslie Picker reports on activist investor Dan Loeb, founder of Third Point, seeking to replace Campbell Soup's entire board of directors.
