Wall Street ekes out gains as Canada takes trade spotlight
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- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Campbell Soup (CPB) Tops Q4 EPS by 1c, Revenues Miss; Offers FY19 Guidance Below Consensus
August 30, 2018 6:13 AM EDTCampbell 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
August 30, 2018 6:07 AM EDTCampbell 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
August 29, 2018 8:08 AM EDTBest 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
August 29, 2018 5:51 AM EDTAmazon (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
