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The Latest Breaking News from CPB

Option Volatility And Earnings Report For June 5 - 9

It’s a very quiet week on the earnings front with just a couple of names of interest. Those include Nio (NIO), Gamestop (GME), Docusign (DOCU), Gitlab (GTLB) and Campbell Soup Company (CPB).

Barchart

CPB Names Faisal Khan Executive Director of Next Generation Warning System

Kahn will lead CPB’s work with FEMA in implementing the Next Generation Warning System grant program

TV Tech

8-year-old migrant dies in US custody at border

The girl is the second migrant child to die in US custody during the Biden administration

The Independent UK

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What Twitter's "Defund NPR" gets wrong

Elon Musk's slapdash decision to label PBS and NPR as "government-funded" isn't just inaccurate, it's risky

Salon

Ax Government Funding for NPR

NPR is no Xinhua, but Elon Musk is correct that it doesn't need government subsidies.

Reason

3 Nostalgic Food Favorite Stocks Investors Should Consider Buying

As the food industry is capable of thriving despite broader economic turmoil due to its inelastic demand, investors could consider having a look at the nostalgic favorite food stocks Hershey (HSY), Kellogg (K), and Campbell Soup (CPB) to garner substantial returns from their steady demand. Read on….

StockNews.com

As prices soar, border officials are seeing a spike in egg smuggling from Mexico

U.S. egg prices have climbed 60% in the past year, making it tempting to bring eggs over from Mexico, where prices are lower. But those who try to smuggle them risk thousands of dollars in fines.

WEKU

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The health and value of PBS in 2023

PBS president Paula Kerger reiterates broadcast's value in a world of streaming, and where the gaps are

Salon

2 Food Makers Stocks That Hit the Sweet Spot

With the Fed indicating that it will continue raising rates this year, the odds of the economy tipping into a recession are increasing. Despite uncertain economic conditions, food makers will likely witness steady demand. Therefore, we think fundamentally strong food makers stocks Sysco Corporation (SYY) and Campbell Soup (CPB) could…

StockNews.com

2 Starter Stocks New Investors Should Consider Buying

Following a painful year, the stock market is expected to stabilize in the near term, given the cooling inflationary pressures. Moreover, economists expect a soft landing is possible for the economy. However, as uncertainties remain, new investors could consider investing in fundamentally strong stocks, Verizon Communications (VZ) and Campbell Soup…

StockNews.com

Border Patrol says 8 migrants were found dead in the Rio Grande

U.S. and Mexican officials made the discovery Thursday while responding to a large group of people crossing the river following days of heavy rains that had resulted in particularly swift currents.

WEKU

B&G Foods (BGS) Down 15% In 3 Months: High Costs A Key Reason

B&G Foods, Inc. (NYSE: BGS) appears to be in not-so-great shape, with its shares down 15.3% in the past three months compared with the industry's decline of 8.7%.

Benzinga

DHS investigating anti-migrant coins

The coin is inscribed with sentences like "You will be returned" and "Yesterday's border is not today's border"

Salon

Joe Rogan Says U.S. Customs Should Take Seized Cannabis & Psychedelics And 'Rethink Their Life'

Joe Rogan, a cannabis and psychedelics advocate was not pleased about the U.S. Customs and Border Protection's (CPB) recent seizure of a shipment containing marijuana, psilocybin and MDMA from a private vehicle.

Benzinga

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StockNews.com

5 Staples Stocks to Buy Amidst High Inflation

Although a slowdown in consumer prices in April and the expectation of a flat CPI for May indicate that inflation had reached its peak, the market volatility may not ease anytime soon with the fear of a looming recession. Given the prevailing uncertainties, it could be worth investing in quality…

Benzinga

Campbell Soup Shares Gain On Q3 Earnings Beat

Campbell Soup Co (NYSE:CPB) reported third-quarter FY22 sales growth of 7% year-on-year to $2.13 billion, beating the consensus of $2.05 billion. Net sales from the Meals & Beverages segment rose 6%, and the Snacks segment climbed 8%. The gross margin contracted 50 basis points Y/Y to 31.2%. Adjusted EBIT of $321 million increased…

StockNews.com

Kraft Heinz vs. Campbell Soup: Which Stock is a Better Buy on the Dip?

Stable demand for packaged food should allow food makers to pass on rising input costs to customers and stay resilient amid these uncertain times. Therefore, the performances of Kraft Heinz (KHC) and Campbell Soup (CPB) are expected to rebound from today’s dip. But which of these stocks is a better…

StockNews.com

Hormel Foods vs. Campbell Soup: Which Stock is a Better Buy?

Despite the rising prices of packaged food products due to intensifying supply chain disruptions, Hormel Foods (HRL) and Campbell Soup (CPB) should benefit substantially from surging demand. But which of these stocks is a better buy now? Read more to learn our view.

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StockNews.com

General Mills vs. Campbell Soup: Which Packaged Foods Stock is a Better Buy?

Rising consumer demand for packaged food products should allow companies operating in this space to overcome rising input costs by passing them on to customers. Also, as part of the consumer defensive industry, packaged food companies should perform well amid the current market and economic uncertainties. Therefore, we think General…

Salon

So much for "moderate" Republicans

Abbott's disastrous border stunt harmed his own supporters — because ruthless GOP politics is focused on one man

The Independent UK

Texas border town Laredo mobilises to give its Mexican neighbors Covid shots the state isn’t using

Cross-border effort using donated vaccines gives Nuevo Laredo residents thousands of Covid shots per day

Benzinga

Campbell Soup's Q2 Top-Line Misses Consensus, Expects Improvement In 2H Performance

Campbell Soup Company (NYSE:CPB) reported a second-quarter FY22 sales decline of 3.1% year-on-year, to $2.21 billion, missing the consensus of $2.24 billion. Net sales from the Meals & Beverages segment declined 3%, and the Snacks segment fell 3%. The gross margin contracted 410 basis points Y/Y to 30.3%. Adjusted EBIT of $318 million…

Benzinga

A Bullish Sign Appears On Campbell Soup's Chart

If history is any guide, there may be good fortune ahead for shares of Campbell Soup (NYSE:CPB). A so-called "golden cross" has formed on its chart and, not surprisingly, this could be bullish for the stock.

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