Stocks Keep Rolling for Another Weekly Gain

Stocks closed broadly if modestly higher Friday on light volume as traders avoided making any big bets ahead of a long holiday weekend. The equity markets closed up for the third straight day and extended their winning ways to …

How Many Days Are in a Week of V8 Vegetable Juice?

You can now get your weekly dose of fruit and vegetables in Campbell Soup’s new pack of V8 juices. Except that there are only six cans in each “weekly” pack.
Continue reading How Many Days Are in a Week of V8 V…

Campbell Soup EPS Drops as Promotions Sap Revenue

Campbell Soup Co. (CPB) reported earnings of 82 cents per share for the quarter ending Oct. 31, down from 87 cents per share a year earlier.

Sales for the first quarter of fiscal 2011 dropped 1% to $2.17 billion, the company said in a statement. Higher promotional spending hurt sales, the company said.

Sales of soups in the U.S. dropped 5%.

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“The key negative factor impacting our…

Continue reading Campbell Soup EPS Drops as Promotions Sap Revenue

Campbell Soup EPS Drops as Promotions Sap Revenue originally appeared on DailyFinance on Tue, 23 Nov 2010 08:27:00.

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Campbell Soup CEO Conant to Step Down

Campbell Soup Company (CPB) CEO Douglas Conant will step down on July 31, 2011 after more than a decade in the post.

Denise Morrison, currently the president of the company’s North American soup, sauces and beverage unit, is expected to succeed Conant, Reuters reported. Morrison has been appointed chief operating officer, effective October 1.

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Morrison, 56, was not a surprise…

Continue reading Campbell Soup CEO Conant to Step Down

Campbell Soup CEO Conant to Step Down originally appeared on DailyFinance on Wed, 29 Sep 2010 06:37:00.

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