Campbell Soup Company (CPB) has been a hot topic due to a variety of events. The company has seen considerable activity from numerous investors such as
Resona Asset Management Co. Ltd,
Gamco Investors INC. ET AL, and
Invesco Ltd purchasing substantial shares. Meanwhile,
American Century Companies Inc. and
Aviva PLC have significantly reduced their positions. Management changes have taken place with the appointment of
Janda Lukin as Chief Growth officer and
Aaron Gwinner as Chief Digital & Technology Officer. Amid this, the company announced a name change from 'Campbell Soup' to '
The Campbell's Company', marking a historical shift in its 155-year trajectory. Uncertainty remains, however, among analysts predicting future performance. The company also announced the sale of the
Noosa Yogurt business while putting focus back on its core brands. Interestingly, Campbell's Q3 earnings report is a key expectation. Controversy also ensued over a soup recall due to contamination, raising questions about stock play and consumer trust.
Campbell Soup Company CPB News Analytics from Thu, 01 Aug 2024 07:00:00 GMT to Fri, 18 Apr 2025 23:57:57 GMT -
Rating 3
- Innovation 5
- Information 7
- Rumor 4
