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CPB / SOVO Stock Alert: Campbell Soup Is Buying Sovos Brands for $2.7 Billion

SOVO Stock Alert: Campbell Soup Is Buying Sovos Brands for $2.7 Billion
Sovos Brands (NASDAQ: SOVO ) stock is rising higher on Monday following news that Campbell Soup (NYSE: CPB ) is acquiring the Italian sauces company. Campbell Soup is going to acquire Sovos Brands in a $2.7 billion deal. Read More
Posted: Aug 7 2023, 09:54
Author Name: InvestorPlace
Views: 092040

CPB News  

Robust Snacks Unit Aids Campbell Soup (CPB), Costs Woes Hurt

By Zacks Investment Research
October 19, 2023

Robust Snacks Unit Aids Campbell Soup (CPB), Costs Woes Hurt

Campbell Soup (CPB) benefits from its growing Snacks business. Solid pricing initiatives have been aiding the company amid an inflationary environment more_horizontal

Food and Beverage Stocks Look Appetizing After Ozempic Selloff

By InvestorPlace
October 16, 2023

Food and Beverage Stocks Look Appetizing After Ozempic Selloff

It may be time to eat, drink and buy the dip in food and beverage stocks. Shares of Coca-Cola (NYSE: KO ), Pepsi (NASDAQ: PEP ) and several other suga more_horizontal

2 Consumer Staples Stocks That Are Screaming Cheap

By MarketBeat
October 16, 2023

2 Consumer Staples Stocks That Are Screaming Cheap

What did the two birds flying over K-Mart say to each other? Cheap, cheap. more_horizontal

Here's why Stephens' Jim Salera likes Hershey and Campbell Soup

By CNBC Television
October 13, 2023

Here's why Stephens' Jim Salera likes Hershey and Campbell Soup

Jim Salera, Stephens analyst, joins 'Squawk on the Street' to discuss whether Hershey and Campbell Soup can do well despite the growth in GLP-1 drugs, more_horizontal

What exactly are patients taking new weight-loss drugs eating and what are they avoiding? Bernstein asked them.

By Market Watch
October 13, 2023

What exactly are patients taking new weight-loss drugs eating and what are they avoiding? Bernstein asked them.

Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food compa more_horizontal

Campbell Soup: Sovos Acquisition Gears Up Operations

By Seeking Alpha
October 13, 2023

Campbell Soup: Sovos Acquisition Gears Up Operations

Campbell Soup Company is looking to acquire Sovos Brands to improve its top line growth and expand its product offering, as well as to achieve synergi more_horizontal

3 Top-Notch, Beaten-Down Staples Stocks to Buy Now

By InvestorPlace
October 9, 2023

3 Top-Notch, Beaten-Down Staples Stocks to Buy Now

As I've noted in the past, many staples stocks have attained valuations that I consider to be far too high for any name in this category. These stocks more_horizontal

Insider Trouble: 3 Stocks to Exit ASAP

By InvestorPlace
October 2, 2023

Insider Trouble: 3 Stocks to Exit ASAP

Inherently an uncomfortable topic, the concept of stocks to sell arouses significant emotions. Much like sports fans hearing criticisms about their fa more_horizontal


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