Campbell Soup Reaffirms FY24 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.

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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.

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Campbell Soup Boosts FY23 Outlook - Update

While reporting financial results for the first quarter on Wednesday, Campbell Soup Co. (CPB) raised its adjusted earnings and net sales guidance for the full-year 2023, to reflect strong first-quarter results, sustained brand momentum and strengthened supply chain.

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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.

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TSX Ends Notably Lower As Stocks Drop On Interest Rate Concerns

The Canadian market closed notably lower on Friday, hurt by rising bond yields, and fading optimism about interest rate cuts by the Federal Reserve after data showed stronger-than-expected growth in U.S. non-farm payroll employment. Canadian employment data too came in stronger than expected, reducing prospects of any significant monetary easing by the Bank of Canada.

RTTNews | 23j 15min yang lalu

Dollar Climbs Higher After Buoyant Jobs Data

The U.S. dollar firmed against its major counterparts on Friday amid fading hopes of further reductions in interest rates after data from the Labor Department showed stronger-than-expected growth in non-farm payroll employment in the month of December.

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U.S. Stocks Close Sharply Lower As Strong Jobs Data Raises Interest Rate Concerns

U.S. stocks tumbled on Friday due to heavy selling across the board as buoyant non-farm payroll data raised concerns that the Federal Reserve will likely hold interest rates at current levels or slow down the pace of reductions. Rising bond yields hurt as well.

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Swiss Market Ends Notably Lower

The Switzerland market settled notably lower on Friday, in line with markets across Europe, as upbeat U.S. jobs data raised concerns that the Federal Reserve will likely hold interest rates unchanged from current levels, or go slow on interest rate cuts this year. Data showing an increase in Swiss unemployment weighed as well.

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EURUSD	1.02441	GBPUSD	1.22097	AUDUSD	0.61461
USDJPY	157.737	USDCAD	1.44282	USDCHF	0.91664