Campbell Soup Company (NYSE:CPB) reported its results for the third quarter of fiscal 2014. The company reported earnings from continuing operations for the quarter ended April 27, 2014, of $184 million, or $0.58 per share, compared with earnings of $169 million, or $0.53 per share, in the prior year. In the third quarter of fiscal 2014, the company recognized a pre-tax pension settlement charge of $18 million ($11 million after tax or $0.03 per share) associated with a U.S. pension plan. The settlement charge resulted from the level of lump sum distributions from the plan’s assets in 2014, due primarily to the closure of the Sacramento facility. Campbell Soup Company (NYSE:CPB) net profit margin is 6.60% and weekly performance is -3.14%. On last trading day company shares ended up $44.06. Analysts mean target price for the company is $41.50. Campbell Soup Company (NYSE:CPB) distance from 50-day simple moving average (SMA50) is -1.13%.
Sony Corp (ADR) (NYSE:SNE) just announced that their game streaming service – PlayStation Now – will expand its private beta program to the Playstation 4 and Playstation 4. PS Now, expected to launch this summer, has been in private beta for the Playstation 3 since January and will debut tomorrow on Sony’s next-generation console. The service allows users to stream select classic Playstation, Playstation 2, and Playstation 3 games to PS Now compatible devices without the need to download or install them. Sony Corp (ADR) (NYSE:SNE) shares fell -0.37 % in last trading session and ended the day on $16.32. Gross Margin is 34.60 % and its return on assets is 0.70%. Sony Corp (ADR) (NYSE:SNE) quarterly performance is -5.88 %.
Sears Holdings Corp (NASDAQ:SHLD) announced that it expects to release its financial results for the Company’s fiscal 2014 first quarter before the market opens on Thursday, May 22, 2014, and simultaneously post a pre-recorded conference call and audio webcast on its corporate website. It will feature prepared remarks from Edward S. Lampert, chairman and chief executive officer, and Robert A. Schriesheim, executive vice president and chief financial officer. Sears Holdings Corp (NASDAQ:SHLD) shares moved down -1.27% in last trading session and was closed at $39.63, while trading in range of $38.99 – $40.24. Sears Holdings Corp (NASDAQ:SHLD) year to date (YTD) performance is -0.28%.
AT&T Inc. (NYSE:T)’s quest for video subscribers seems to be reaching fruition with a deal announced to acquire DIRECTV (NASDAQ:DTV) for $48.5 billion. AT&T appears to have opted for DIRECTV (NASDAQ:DTV) instead of Dish Network Corp (NASDAQ:DISH) because of Dish’s wireless spectrum which would possibly have led to regulatory problems such as those faced by Comcast in its attempt to acquire Time Warner Cable.AT&T Inc. (NYSE:T) ended the last trading day at $36.38. Company weekly volatility is calculated as 1.95% and price to cash ratio as 52.29. AT&T Inc. (NYSE:T) showed a negative weekly performance of -0.52%.
Montalvo Spirits Inc (OTCMKTS:TQLA) announced that its wholly-owned subsidiary, Cannabis Beverage Group, Inc., has launched a fully functional ecommerce website (http://cannabisbeveragegroup.com ) to initially provide a variety of hemp based products. The site is now fully operational and has begun receiving and processing orders. Montalvo Spirits Inc (OTCMKTS:TQLA) On last trading day company shares ended up $0.125.