• 'Change the board': Hedge-fund billionaire Dan Loeb lays out his plan to turn around Campbell Soup

    29 days ago - By Business Insider

    Third Point Management, the hedge fund owned by the billionaire Dan Loeb, on Thursday laid out its plan to turn around Campbell Soup.
    The soup maker has suffered through years of declining soup sales.
    Third Point says the company's entire board should be replaced.
    Campbell Soup is rallying Thursday, up almost 2%, after Third Point, the hedge fund owned by the billionaire Dan Loeb, called on shareholders to replace the company's board of directors.
    "One of America's most iconic brands is being left behind by failed leaders who punished shareholders' loyalty," the hedge fund, which has an 8%...
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  • Casino confident on disposal plan, third-quarter sales accelerate

    Casino confident on disposal plan, third-quarter sales accelerate

    29 days ago - By Reuters

    French retailer Casino , which is battling investor concern over its high debt, said sales growth accelerated in the third quarter, reflecting an improving performance in France and Brazil and it predicted a similar trend for the fourth quarter.
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  • Sales growth accelerates at retailer Casino in third quarter, keeps goals

    29 days ago - By Reuters

    French retailer Casino , which is battling investor concern over its high debt, said that sales growth accelerated in the third quarter, reflecting an improving performance in its core French market and in Brazil.
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  • Third Point video urges retail investors to replace Campbell Soup board

    29 days ago - By Reuters

    Activist investor Daniel Loeb turned up the heat on Campbell Soup Co on Thursday with a video aimed at persuading retail investors to vote with his hedge fund Third Point LLC to replace the food company's entire board of directors.
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