Wall Street ekes out gains as Canada takes trade spotlight

Campbell Soup (CPB) Tops Q4 EPS by 1c, Revenues Miss; Offers FY19 Guidance Below Consensus

Campbell Soup (NYSE: CPB) reported Q4 EPS of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.24 billion.

Keith McLoughlin, Campbells interim President and CEO said, Fiscal 2018 was a challenging year for... More

Campbell Soup (CPB) Highlights 'Significant Actions' from Board-Led Strategy & Portfolio Review; Will Pursue Sale of Non-Core Units

Campbell Soup Company (NYSE: CPB) today announced significant actions it is taking as part of its Board-led strategy and portfolio review to improve performance and drive shareholder value. The actions include:

1. Focusing the company on two distinct businesses, Campbell Snacks and Campbell Meals and Beverages, in its core North American market;
2. Pursuing the divestitures of non-core businesses to focus and improve the companys portfolio; proceeds will be used to significantly reduce debt; and,
3. Increasing its cost savings target to $945 million by FY2022, including the expected Snyders-Lance... More

Best Buy (BBY) Declares $0.45 Quarterly Dividend; 2.3% Yield

Best Buy (NYSE: BBY) declared a quarterly dividend of $0.45 per share, or $1.8 annualized.

The dividend will be payable on October 9, 2018, to stockholders of record on September 18, 2018, with an ex-dividend date of September 17, 2018.

The annual yield on the dividend is 2.3... More

Amazon (AMZN) Announces Launch of Whole Foods Grocery Delivery Service into Columbus, Dayton, Portland, Greater Washington D.C. and Additional New York City Markets

Amazon (NASDAQ: AMZN) and Whole Foods Market today launched delivery of natural and organic products from Whole Foods Market through Prime Now in Columbus, Dayton, Portland, Greater Washington D.C. and additional areas of New York City, including Greenwich Village, Chelsea, Union Square and Murray Hill. Starting today, Prime members in those cities can shop through Prime Now for thousands of bestselling items including fresh produce, high quality meat and seafood, everyday staples and other locally sourced items from Whole Foods Market. Now available in 28 cities, the service launched earlier... More