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Morningstar Analyst Explains Why She Raised Kraft's Fair Value Estimate A Night Before Merger Was Announced
Wednesday, March 25, 2015 - 1:54pm | 434Read More...Kraft Foods Group Inc (NASDAQ: KRFT) and owner of H.J. Heinz Company 3G Capital Inc. announced Wednesday that both the companies would be merging to create what, according to the companies, will be the North America's third-largest food company. Erin Lash, Morningstar analyst, was on...
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#PreMarket Primer: Friday, February 14: A Turnaround
Friday, February 14, 2014 - 8:26am | 930Read More...After what set up to be a rough day in the market, major indices turned around and finished the day higher yesterday. Thursday, the Dow was up 63.65 points to finish the day at 16,027.59. The S&P was up 0.6 percent, or about 10 points, to 1,829.83 and the NASDAQ was up about one percent to...
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Weekly Preview: Economic Data Could Have Downside Risks
Friday, August 23, 2013 - 3:54pm | 1798Read More...This week was tough for emerging markets, but next week could bring trouble for more developed markets as new economic data coming out could take the shine off of the recent global economic recovery. Talk of the US Federal Reserve taper will continue to dominate the markets, while high...
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Campbell's Reports Strong Q3 Earnings
Monday, May 20, 2013 - 10:35am | 144Read More...Campbell Soup Company (NYSE: CPB) reported Q3 earnings Monday pre-market. Net earnings for the Q3 ended April 28, 2013, were $181 million, or $0.57 per share, compared with $177 million, or $0.55 per share, in the prior year. The company reported adjusted earnings of $195 million, up eight...
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Benzinga Market Primer: Monday, May 20
Monday, May 20, 2013 - 6:33am | 763Read More...It’s Monday and the S&P 500 is, again, sitting at an all time high of 1,667.47. CNBC predicted that the bulls will keep control this week but the market will listen for any sign that Fed president Ben Bernanke is considering drawing down QE. However, some technicians note that the market is...
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J.P. Morgan Reiterates Neutral Rating On Campbell Soup Company
Thursday, July 7, 2011 - 7:41am | 94Read More...According to J.P. Morgan, Campbell Soup Company (NYSE: CPB) will host its investor day Tuesday, July 12, at its Camden, N.J., headquarters. J.P. Morgan said that it no longer believe a sharpening of price points in the sluggish soup business is likely. “Instead, we believe incoming CEO Denise...
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Goldman Sachs Raises Price Target On Campbell Soup To $34
Wednesday, June 29, 2011 - 7:41am | 96Read More...According to Goldman Sachs, Campbell Soup (NYSE: CPB) last night announced a restructuring program that will result in $60 mn of ongoing pre-tax savings in FY12, which steps up to $70 mn by FY14. Goldman Sachs said that it raises its 12-month price target to $34 from $32 on its higher EPS estimate...
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Goldman Sachs Lowers PT On Campbell Soup To $32
Wednesday, June 29, 2011 - 6:31am | 28Read More...Goldman Sachs has lowered the price target on Campbell Soup Company (NYSE: CPB) from $34 to $32 and maintains its Sell rating.
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Goldman Sachs Raises PT On Campbell Soup To $32
Wednesday, May 25, 2011 - 6:40am | 28Read More...Goldman Sachs has raised the price target on Campbell Soup Company (NYSE: CPB) from $31 to $32 and maintains its Sell rating.
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Credit Suisse Upgrades CPB, Downgrades EWBC
Tuesday, May 24, 2011 - 8:12am | 52Read More...Credit Suisse has issued the following rating changes: Campbell Soup Company (NYSE: CPB) upgraded from Underperform to Neutral, PT raised from $32 to $35 East West Bancorp (NASDAQ: EWBC) downgraded from Outperform to Neutral, PT lowered from $22 to $21
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J.P. Morgan Comments On Campbell Soup Adjusted Earnings
Monday, May 23, 2011 - 9:14am | 89Read More...According to J.P. Morgan, Campbell Soup Company (NYSE: CPB) this morning reported adjusted earnings for its third fiscal (April) quarter of $0.57, ahead of the consensus estimate of $0.52 and its estimate of $0.53. J.P. Morgan said that While CPB beat consensus estimates this quarter, the...
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Deutsche Bank Reports on Campbell Soup
Thursday, May 19, 2011 - 8:13am | 157Read More...Deutsche Bank commented on Campbell Soup (NYSE: CPB) in a report released yesterday. In the report, Deutsche Bank was mixed in its outlook for the soup maker. Deutsche Bank writes, “We retain our Hold opinion and wait for F2012 along with updated goals. But with a solid BS/FCF, the stock's...
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JP Morgan Raises PT On Campbell Soup To $32
Thursday, May 19, 2011 - 6:54am | 28Read More...JP Morgan has raised the price target on Campbell Soup Company (NYSE: CPB) from $31 to $32 and maintains its Neutral rating.
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J.P. Morgan Lowers PT On CPB To $31
Monday, April 18, 2011 - 7:44am | 140Read More...J.P. Morgan, fearing pricing issues in the soup category, have lowered its price target on Campbell Soup Company (NYSE: CPB). In its report, J.P. Morgan writes, “We are modestly lowering our fiscal year 2011 estimate and sharply cutting our 2012 number for Campbell on our belief that pricing will...
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JP Morgan Lowers PT On Campbell Soup Company To $31
Monday, April 18, 2011 - 7:03am | 28Read More...JP Morgan has lowered the price target on Campbell Soup Company (NYSE: CPB) from $35 to $31 and maintains its Neutral rating.
