Shares of Campbell Soup Company (NYSE:CPB) ended Thursday session in red amid volatile trading. The shares closed down -1.65 points or -3.00% at $53.31 with 4.24 million shares getting traded. Post opening the session at $54.64, the shares hit an intraday low of $53.12 and an intraday high of $54.77 and the price vacillated in this range throughout the day. The company has a market cap of $16.20 billion and the numbers of outstanding shares have been calculated to be 307.55 million shares.
Campbell Soup Company (CPB) recently declared 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 about $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 assist 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. In Addition To, Campbell will retain its seat on Acre’s investment committee, in addition to its board observer seat at Juicero. Both positions will be held by Adam Ciongoli, Campbell’s General Counsel.
Shares of Foot Locker, Inc. (NYSE:FL) ended Thursday session in green amid volatile trading. The shares closed up +2.35 points or 3.39% at $71.63 with 2.90 million shares getting traded. Post opening the session at $69.57, the shares hit an intraday low of $69.57 and an intraday high of $71.93 and the price vacillated in this range throughout the day. The company has a market cap of $9.80 billion and the numbers of outstanding shares have been calculated to be 133.25 million shares.
Foot Locker, Inc. (FL) plans to report financial results for its third quarter ended October 29, 2016 before the U.S. markets open on Friday, November 18, 2016. A conference call is planned for the same day at 9:00 a.m. EST, during which the Company will discuss these results. The Company will comment on the status of its current programs, and discuss trends in its business and the athletic industry.
This conference call may be accessed live by dialing 1-800-941-7616 (U.S. and Canada) or +44 208-196-2142 (International), or via the Shareholder Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com. Please log on to the website 15 minutes before the call in order to download any necessary software. An archived replay of the conference call can be accessed about one hour following the end of the call at 1-800-633-8284 with the passcode 21821150 (U.S. and Canada) or +1 402-977-9140 with passcode 21821150 (International) through December 2, 2016. A replay of the call will also be available via webcast from the same Shareholder Relations section of the Foot Locker, Inc. website at http://www.footlocker-inc.com.