Checking out a few of today's hot stocks on the move, we've got the latest quarterly earnings report from the Campbell Soup Company (CPB), a dashed Starz deal for Netflix, Inc. (NFLX), a freshly revamped home page for Baidu, Inc. (BIDU), and record-setting trading volume at CME Group Inc. (CME).

Campbell Soup

Campbell Soup Company (CPB - 31.86) said this morning that its fiscal fourth-quarter earnings declined 12% to $100 million, or 31 cents per share, from its year-ago profit of $113 million, or 33 cents per share. Excluding items, CPB earned 43 cents per share, while revenue increased 5.9% to $1.61 billion. The results surpassed Wall Street's forecasts, which called for a profit of 38 cents per share on $1.57 billion in revenue.

However, CPB warned that it now expects fiscal 2012 earnings to decline between 5% and 7%, down from its previous guidance for a drop of 4% to 6%. This forecast falls roughly in line with analysts' expectations, with the consensus estimate calling for full-year earnings of $2.37 per share.

CPB is up 1.7% in electronic trading, with the shares on pace to break out above short-term pressure at the $32 level. The stock is down more than 8% year-to-date, but CPB has managed to close the past four sessions atop former resistance at its 10-day and 20-day moving averages. As a result, these trendlines recently completed a bullish cross near $31.

If analysts are encouraged by CPB's stronger-than-anticipated fourth-quarter results, the canned-goods guru could attract a few upgrades. Among the 16 analysts following CPB, Zacks reports only one "strong buy" rating, compared to 14 iffy "holds" and one "sell."

Netflix

Late Thursday, word hit the Street that Netflix, Inc. (NFLX - 233.27) and Starz are parting ways. In a statement, Starz said the two companies have ended contract renewal negotiations, and it will no longer make its content available via Netflix when the current agreement expires on Feb. 28, 2012. "This decision is a result of our strategy to protect the premium nature of our brand by preserving the appropriate pricing and packaging of our exclusive and highly valuable content," said Starz President and CEO Chris Albrecht.

NFLX is down 10.4% ahead of the open, backing down from a recent test of the $240 level. The stock has added more than 32% year-to-date, but NFLX is currently on track to close a fifth consecutive week below formerly solid support at its 10-week and 20-week moving averages.

However, short sellers are likely cheering NFLX's recent bout of weakness. Short interest accounts for a lofty 15.9% of the equity's float, suggesting there's no shortage of bears betting on the stock to retreat.

Source:schaeffersresearch