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Campbell Soup Rao's Brand Growth Strong And US Sales Trend Improving, Analyst Upgrades Stock

Piper Sandler analyst Michael S. Lavery upgraded Campbell Soup Company (NASDAQ:CPB) to Overweight from Neutral, raising the price forecast from $47 to $56. The analyst upgraded Campbell Soup due to improved long-term growth prospects from its Rao’s brand and better sales trends in the U.S. (excluding SOVO brands). Despite better trends, the stock has had a 15% pullback since mid-September. The analyst sees this as a good buying opportunity. Lower steel costs (down 25%) and secured contracts for

Trump's Red Wave Pushes Emerging Market Stocks To 2-Month Lows: Volatility 'Expected To Remain Elevated'

Emerging market stocks have dropped to levels last seen in mid-September, with the downturn exacerbated by Donald Trump's victory and a Republican sweep of the U.S. Congress. The iShares MSCI Emerging Markets ETF (NYSE:EEM) has slumped 7% over the past month, with the iShares MSCI China ETF (NYSE:MCHI) and the iShares Mexico ETF (NYSE:EWW) underperforming — down 10.1% and 7.8%, respectively. Trump’s win and full Republican control of Washington, D.C. raise critical questions for emerging markets

Bitcoin’s Speculative Frenzy Begins to Show Signs of Cooling in Futures Market

(Bloomberg) -- The record-breaking rally in Bitcoin since Donald Trump’s US presidential election victory is beginning to show signs of slowing in the derivatives market. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesZimbabwe City of 700,000 at Risk of Running Dry by Year-EndNYC Congestion Pricing Plan With $9 Toll to Start in JanuarySaudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency SaceThe Urban-Rural Divide Over Highway Expansion and E

57% of Institutional Investors Are Bullish on Crypto

According to Sygnum Bank's Future Finance report, institutional investors are increasingly optimistic about cryptocurrencies. According to the report, 57% of respondents intend to increase their cryptocurrency allocation. Of these, 31% plan to do so during the next quarter. Clearer worldwide ...