Campbell Soup (CPB) Raises Quarterly Dividend 12.2% to $0.35; 2.3% Yield
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
UBS Cuts Price Target on Campbell Soup (CPB) to $51; Reiterates Sell
September 2, 2016 8:37 AM EDTUBS maintained a Sell rating on Campbell Soup (NYSE: CPB), and cut the price target to $51.00 (from $52.00), following the company's 4Q earnings report.
Analyst Steven Strycula commented, "Campbell's stock sell-off is more a reaction to lower FY17 EPS guide ($3.00-$3.09 vs Street... More
RBC Capital Cuts Price Target on Campbell Soup (CPB) Following 4Q
September 2, 2016 6:54 AM EDTRBC Capital maintained a Sector Perform rating on Campbell Soup (NYSE: CPB), and cut the price target to $58.00 (from $62.00), following the company's 4Q earnings report. RBC Capital cut 2017 EPS estimates from $3.13 to $3.02, compared to $3.14 consensus. RBC also introduced a 2018 estimate of $3.17.
Analyst... More
Campbell Soup (CPB) Misses Q4 EPS by 4c, FY17 EPS Guidance Comes in Light
September 1, 2016 7:17 AM EDTCampbell Soup (NYSE: CPB) reported Q4 EPS of $0.46, $0.04 worse than the analyst estimate of $0.50. Revenue for the quarter came in at $1.69 billion versus the consensus estimate of $1.69 billion.
GUIDANCE:
Campbell Soup sees FY2017 EPS of $3.00-$3.09, versus the consensus of... More