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Stock Hedge Funds Erase Billions With Another Year of Losses (Bloomberg) Back-to-back declines reach more than 40% at some firms. Whale Rock, Light Street and Perceptive among big losers. In 2020, tech-heavy hedge fund Light Street Capital Management posted a banner year on bets including Amazon.com Inc. and Alibaba Group Holding Ltd. That was the […]

The Nasdaq Composite dropped by over 200 points on Thursday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga''s insider transactions platform. Nordson The Trade: Nordson Corporation (NASDAQ: NDSN) Executive Vice President Shelly Peet sold a total of 1,692 shares at an average price of $235.00. The insider received around $397.62 thousand from selling those shares. What’s Happening: The company recently … Full story available on Benzinga.com

Campbell Soup''s revenue is expected to grow by 7.50% and earnings estimated to increase 4.60% this year. Red more on CPB stock here.

Don''t look now but Campbell''s Soup is one of 2022''s hottest stocks. Can it keep performing well?

Campbell Soup has attracted a lot of retired investors to the stock. Read why I think the investors who own CPB stock would be better off selling.

WASHINGTON (AP) — The Supreme Court said Monday it will hear a dispute over a dog toy that got whiskey maker Jack Daniel''s barking mad. Jack Daniel''s had asked the justices to hear its case against the manufacturer of the plastic Bad Spaniels toy. The toy mimics the Jack Daniel''s bottle and label but is a parody. While the original bottle has the words “Old No. 7 brand” and “Tennessee Sour Mash Whiskey,” the parody proclaims: “The Old No. 2 on Your Tennessee Carpet.” Instead of the original’s note that it is 40% alcohol by volume, the parody says it’s “43% Poo by Vol.” and “100% Smelly.” A number of major companies from the makers of Campbell Soup to outdoor brand Patagonia and jeans maker Levi Strauss had urged the justices to take what they said was an important case for trademark law. Lawyers for the toy''s maker, Arizona-based VIP Products, told the high court that Jack Daniel''s can''t take a joke. They said Jack Daniel’s has “waged war” against the company for “having the temerity to produce a pun-filled parody” of its bottle.

WASHINGTON (AP) — The Supreme Court said Monday it will hear a dispute over a dog toy that got whiskey maker Jack Daniel’s barking mad. Jack Daniel’s had asked the justices to hear its case against the manufacturer of the plastic Bad Spaniels toy. The toy mimics the Jack Daniel’s bottle and label but is a parody. While the original bottle has the words “Old No. 7 brand” and “Tennessee Sour Mash Whiskey,” the parody proclaims: “The Old No. 2 on Your Tennessee Carpet.” Instead of the original’s note that it is 40% alcohol by volume, the parody says it’s “43% Poo by Vol.” and “100% Smelly.” A number of major companies from the makers of Campbell Soup to outdoor brand Patagonia and jeans maker Levi Strauss had urged the justices to take what they said was an important case for trademark law. Lawyers for the toy’s maker, Arizona-based VIP Products, told the high court that Jack Daniel’s can’t take a joke. They said Jack Daniel’s has “waged war” against the company for “having the temerity to produce a pun-filled parody” of its bottle.

Campbell Soup Company (NYSE: CPB ) has entered into a twelve-year virtual renewable power purchase agreement with Enel North America, part of the Enel (OTC: ENLAY ) Group. Under the agreement, Campbell will purchase the electricity and the associated renewable energy credits from a 115 megawatt share of … Full story available on Benzinga.com

CAMDEN, N.J.--(BUSINESS WIRE)--Campbell Soup Company (NYSE: CPB) and Enel North America today announced a 12-year virtual renewable power purchase agreement, supporting Campbell’s goals to reduce greenhouse gas emissions. Through the agreement Campbell will purchase the electricity and the associated renewable energy credits from a 115 megawatt share of Enel’s Seven Cowboy wind project in Oklahoma. The contract is expected to commence in July 2023. “Improving the sustainability of the agricultu

At the close of the New York Stock Exchange, the Dow Jones was down 0.12%, the S&P 500 was down 0.83% and the NASDAQ Composite was down 1.54%. McDonald''s Corporation was the leading gainer among the components of the Dow Jones index today, up 4.67 points or 1.74% to close at 272.51. UnitedHealth Group Incorporated rose 8.51 points or 1.69% to close at 511.52. Home Depot Inc rose 0.96% or 2.98 points to close at 314.91. The least gainers were Salesforce Inc, which shed 6.95 points or 4.29% to end the session at 155.12. Intel Corporation was up 3.84% or 1.18 points to close at 29.53, while Dow Inc was down 2.11% or 1.09 points to close at 50.51. . Leading gainers among the S&P 500 index components in today''s trading were TJX Companies Inc, which rose 5.19% to hit 79.02, Campbell Soup Company, which gained 3.89% to close at 50.71, and also shares of W. R. Berkley Corp, which rose 3.83% to end the session at 71.76. The least gainers were Advance Auto Parts Inc, which shed 15.06% to close at 156.24.

Campbell Soup reported attractive sales and adjusted earnings that were in line with estimates for the fourth quarter of its 2022 fiscal year. Click here to read more.

Shares of Campbell Soup Company (NYSE: CPB) stayed green on Friday. The stock has gained 13% year-to-date. The company delivered better-than-expected sales and in-line adjusted EPS for its fourth quarter […] The post Campbell Soup (CPB) expects strong demand for its brands to continue in FY2023 first appeared on AlphaStreet .

Shares of Campbell Soup Company (NYSE: CPB) stayed green on Friday. The stock has gained 13% year-to-date. The company delivered better-than-expected sales and in-line adjusted EPS for its fourth quarter of 2022 a day ago. The processed foods maker expects to see strong demand for its products as well as high levels of inflation during […]

Campbell Soup Company (NYSE: CPB) Q4 2022 earnings call dated Sep. 01, 2022

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