Here are a few stocks the Yahoo Finance team will be watching today.
Campbell Soup (CPB) lowered its full year sales outlook this morning because of weakness in its soup sales in the third quarter. The company also released earnings for last the quarter. Adjusted earnings came in at $0.62 a share, which beat estimates by $0.03. Revenue of $1.97 billion also missed the mark by $30 million.
World Wrestling Entertainment (WWE) executives will be on a conference call at 11am ET this morning to address its outlook, after its shares were slammed on Friday, dropping more than 43%. The stock tanked on the announcement of the company's multi-year agreement with Comcast's (CMCSA) NBC Universal, which was not as lucrative as investors expected. The company also reported that its monthly pay-subscription online streaming WWE Network needs 1.4 million to 1.5 million subscribers to compensate for declines in pay-per-view and on-demand revenue. The network expects to have 1 million subscribers by the end of the year.
And we're watching Google (GOOGL) after Variety reported that its YouTube unit has reached a deal to buy the video game streaming site Twitch for $1 billion. Twitch allows users to record and upload themselves playing video games or stream the game play live. Twitch, which was founded in 2011, says it has 45 million monthly users with 1 million people uploading or streaming videos every month. Yesterday, Variety reported will be reported imminently. Meanwhile, The Wall Street Journal reported talks are in an early stage and a deal is not imminent.