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Stock Market & Financial Investment News

News Breaks
June 16, 2014
08:31 EDTCPB, PBICampbell Soup names Pitney Bowes CEO Lautenbach to board, effective June 11
Campbell Soup Company (CPB) announced that the company’s Board of Directors has elected Pitney Bowes (PBI) CEO Marc B. Lautenbach as a member of the Board, effective June 11.
News For CPB;PBI From The Last 14 Days
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July 30, 2015
07:22 EDTPBIPitney Bowes sees FY15 adjusted EPS $1.75-$1.90, consensus $1.85
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07:21 EDTPBIPitney Bowes sees trends improving in 2H vs. 1H
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07:21 EDTPBIPitney Bowes to begin executing authorized share repurchase program
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07:20 EDTPBIPitney Bowes reports Q2 adjusted EPS 45c, consensus 44c
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July 22, 2015
09:07 EDTCPBOn The Fly: Pre-market Movers
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07:38 EDTCPBCampbell Soup revises long-term growth targets
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07:32 EDTCPBCampbell Soup raises FY15 adjusted EPS view to $2.43-$2.46 from $2.32-$2.38
Consensus is $2.38. Consistent with previous sales guidance, the company expects sales to decline by 1 percent, reflecting the negative impact of currency translation. Reflecting favorable gross margin performance and earlier-than-expected benefits from the previously announced cost reduction initiatives, Campbell now expects adjusted EBIT to decline -2 to -1 percent, compared to the previous guidance of being at the favorable end of the -7 to -5 percent range. The company expects adjusted EPS to be in the range of -1 to 0 percent, or $2.43 to $2.46 per share, compared to the previous guidance of being at the favorable end of the -5 to -3 percent range or $2.32 to $2.38 per share.
07:31 EDTCPBCampbell Soup now sees $75M in savings from cost reduction initiatives in FY15
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