Costco SUED and 3 Morning Hot Stocks Turning Heads
According to the Wall Street Journal, Campbell Soup (NYSE:CPB) may take the acquisitions route for expanding its baking and snacking businesses internationally, though according to CEO Denise Morrison, the company is still drawing up its strategy in this regard.
Furniture manufacturer MyHaven has sued Costco (NASDAQ:COST) for trademark infringement after the latter allegedly sold products that copied features fromMyHaven’s designs.
The Spanish government is setting up an € 18 billion fund to assist Spain’s autonomous regions such as Catalonia and Valencia. Spanish banks Santander (NYSE:SAN), BBVA (NYSE:BBVA) and La Caixa will reportedly join the effort and contribute € 1.6 billion each towards a state guaranteed loan of € 8 billion that will form part of that fund.
Carlyle Group (NYSE:CG), a long-time investor in Brazil, enhances its presence with a purchase of 60% of Brazil’s Tok&Stok, a furniture retailer. Financial details were not disclosed
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