Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday

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Go back to Wall Street stalls to end weak August as China tariffs loom ahead of U.S. holiday

Campbell Soup (CPB) Agrees to Sell European Chips Business to Valeo Foods,

September 3, 2019 5:49 AM EDT

Campbell Soup Company (NYSE: CPB) announced it has signed an agreement for the intended sale of its European Chips Business to Valeo Foods, a portfolio company of CapVest Partners LLP, for approximately £66 million (approximately $80 million based on current exchange rates). Campbells European Chips Business includes UK-based Kettle Foods Limited and... More

Oppenheimer Reiterates Outperform Rating on Marvell (MRVL)

August 30, 2019 8:44 AM EDT

Oppenheimer analyst Rick Schafer reiterated an Outperform rating and $30.00 price target on Marvell (NASDAQ: MRVL) following the company's 2Q report. MRVL reported F2Q19 sales/EPS of $657M/$0.16 above consensus of $650M/ $0.15E. F3Q guidance of $660M/$0.17 was below Street at... More