Shares of Campbell Soup Company (NYSE:CPB) ended Wednesday session in green amid volatile trading. The shares closed up +0.22 points or 0.41% at $53.66 with 925,450 shares getting traded. Post opening the session at $53.53, the shares hit an intraday low of $53.29 and an intraday high of $53.85 and the price vacillated in this range throughout the day. The company has a market cap of $16.60 billion and the numbers of outstanding shares have been calculated to be 307.55 million shares.
Campbell Soup Company (CPB) announced the appointment of Ed Carolan as President – Campbell Fresh (C-Fresh). Carolan, 47, will lead the division that includes Bolthouse Farms beverages, salad dressings and carrots, Garden Fresh Gourmet salsa, hummus and dips, and fresh soup, which combined account for approximately $1 billion in net sales.
Carolan will succeed Jeff Dunn, who is leaving Campbell to become Chief Executive Officer of Juicero, Inc., the San Francisco-based startup that recently launched the first professional-quality, connected countertop cold-press juicer. Campbell has invested $13.5 million in Juicero, which is focused on inventing products, services and experiences that help people consume more fresh fruits and vegetables.
Dunn also will remain involved in Acre Venture Partners, the independent venture capital operation to which Campbell committed $125 million in 2016, as a venture partner. Additionally, Campbell will retain its seat on Acre’s investment committee, as well as its board observer seat at Juicero. Both positions will be held by Adam Ciongoli, Campbell’s General Counsel.
Shares of Sony Corp (ADR) (NYSE:SNE) ended Wednesday session in red amid volatile trading. The shares closed down -0.01 points or -0.03% at $31.84 with 1.38 million shares getting traded. Post opening the session at $31.69, the shares hit an intraday low of $31.66 and an intraday high of $32.07 and the price vacillated in this range throughout the day. The company has a market cap of $40.00 billion and the numbers of outstanding shares have been calculated to be 1.26 billion shares.
Sony Corp (ADR) (SNE) designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide. It offers LCD televisions; Blu-ray disc players and recorders, home audio, headphones, and memory-based portable audio devices; compact digital, interchangeable single-lens, and video cameras; and professional solutions, such as broadcast- and professional-use products. The company also markets and distributes PlayStation4, PlayStation3, and PlayStation Vita hardware and related software; and provides network services related to game, video, and music content.