Cans of Campbell Soup Co. Campbell's chicken noodle and tomato soup. 

Third Point increases Campbell Soup stake to nearly 7%

Daniel Loeb’s Third Point Management has increased their stake in Campbell Soup from 5.65 percent to 6.98 percent, according to a filing with the SEC on Tuesday. Shares of Campbell rose 1 percent in after-hours trading following the news. As part of the filing, three of Third Point’s nominees to Campbell’s board revealed stakes in […]

Canopy stake has nothing to do with core business

Canopy stake has nothing to do with core business

Constellation Brands’ massive stake in cannabis producer Canopy Growth has nothing to do with the welfare of Constellation’s core business, CEO Rob Sands told CNBC on Thursday. “This has nothing to do with the core business or defending against the potential cannibalization of beverage alcohol by cannabis. There’s really no evidence of that,” he told […]

History At Stake As Serena Williams, Naomi Osaka Meet In US Open Final

“I always dreamed that I would play Serena in a final of a Grand Slam,” Osaka said. The youngest woman to reach a US Open final since 2009, Osaka displayed poise and mental fortitude in saving all 13 break points she faced in a semi-final victory over American Madison Keys. Her powerful ground game has […]

The Deutsche Bank AG logo sits on an office building in Frankfurt, Germany.

Deutsche Bank shares dip after report that China’s HNA plans to sell its stake

Krisztian Bocsi | Bloomberg | Getty Images The Deutsche Bank AG logo sits on an office building in Frankfurt, Germany. HNA Group, one of China’s largest conglomerates and the owner of a $40 billion-plus empire of businesses and company stakes, will be exiting its 7.6 percent stake in Germany’s Deutsche Bank, the Wall Street Journal […]

Sheryl Sandberg and husband Dave Goldberg at the Allen & Company Sun Valley Conference in 2014

Sheryl Sandberg to donate her 10% stake in SurveyMonkey

Facebook’s Sheryl Sandberg joined the board of SurveyMonkey in 2015, shortly after her husband and the company’s CEO, Dave Goldberg, died suddenly while on vacation in Mexico. Sandberg, who now owns 9.9 percent of the company, is giving it all to charity. “Ms. Sandberg plans to donate all shares beneficially owned by her (or the […]