Campbell Soup Boosts FY23 Outlook - Update

Campbell Soup Closes Acquisition Of Sovos Brands In $2.7 Bln All-cash Deal

Campbell Soup Co. (CPB) announced Tuesday it has completed the acquisition of Sovos Brands, Inc. for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion.

RTTNews | 531天前

Campbell Soup Reaffirms FY24 Outlook - Update

While reporting financial results for the second quarter on Wednesday, Campbell Soup Co. (CPB) reaffirmed its adjusted earnings and net sales guidance for the full-year 2024, to reflect sequential volume and margin improvement for its key brands and categories.

RTTNews | 537天前

Campbell Soup Boosts FY23 Outlook As Q2 Results Top Estimates

Campbell Soup Co. (CPB) reported on Wednesday a profit for the second quarter that grew nine percent from last year, driven by 12 percent net sales growth amid favorable net price realization. Adjusted earnings per share and quarterly net sales topped analysts' estimates. The company also raised its financial guidance for the full-year 2023.

RTTNews | 901天前

Campbell Soup Q4 Profit Plunges, But Results Meet Estimates

Campbell Soup reported on Thursday a profit for the fourth quarter that plunged from last year, hurt by higher costs and expenses amid industry-wide inflation and supply constraints. Both adjusted earnings per share and net sales for the quarter met analysts' estimates. The company also initiated financial guidance for the full-year 2023.

RTTNews | 1089天前

China Stock Market Due For Consolidation

The China stock market has moved higher in four straight sessions, advancing almost 160 points or 4.4 percent along the way. The Shanghai Composite Index now sits just above the 3,880-point plateau although it may see profit taking on Tuesday.

RTTNews | 3分钟前

Taiwan Bourse May Hand Back Monday's Gains

The Taiwan stock market bounced higher again on Monday, one session after ending the two-day winning streak in which it had gained more than 600 points or 2.6 percent. The Taiwan Stock Exchange now rests just above the 24,275-point plateau although it's expected to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water. For the day, the index surged 512.91 points or 2.16 points to finish at 24,277.38 after trading between 24,108.75 and 24,362.02. Among the actives, Mega Financial and United Microelectronics Corporation both eased 0.12 percent, while Fubon Financial jumped 1.93 percent, E Sun Financial and Formosa Plastics both sank 0.74 percent, Taiwan Semiconductor Manufacturing Company accelerated 3.08 percent, Hon Hai Precision rallied 2.47 percent, Largan Precision added 0.42 percent, MediaTek soared 3.30 percent, Novatek Microelectronics climbed 1.18 percent, Nan Ya Plastics surged 3.53 percent, Asia Cement gained 0.40 percent and Cathay Financial, CTBC Financial and Catcher Technology were unchanged.

RTTNews | 32分钟前

Singapore Stock Market Tipped To Open In The Red

The Singapore stock market has climbed higher in five straight sessions, improving almost 70 points or 1.6 percent along the way. The Straits Times Index now sits just above the 4,255-point plateau although investors may lock in gains on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1小时2分钟前

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has moved higher in three straight sessions, collecting almost 15 points or 0.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it's likely to open to the downside on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | 1小时32分钟前

EURUSD	1.1649	GBPUSD	1.34811	AUDUSD	0.64908
USDJPY	147.147	USDCAD	1.38456	USDCHF	0.80361