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  • May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher items, the...

  • Ouch! French high court deals blow to Uber Friday, 22 May 2015 | 8:13 AM ET
    An Uber app on a mobile phone in Washington, D.C.

    France's highest court on Friday backed restrictions on unlicensed taxi services in a decision adding to U.S. start-up Uber's legal troubles.

  • May 22- Packaged foods maker Campbell Soup Co reported lower-than-expected quarterly sales and profit, hurt by a strong dollar and "movements in retailer inventory levels" in its U.S. soups business. Retailer Target Corp informed packaged food makers, including Campbell, that it would spend less on promoting some of their products and instead promote fresher...

  • Mentor Graphics reports 1Q loss Friday, 22 May 2015 | 8:03 AM ET

    WILSONVILLE, Ore. _ Mentor Graphics Corp. on Friday reported a loss of $9.9 million in its fiscal first quarter. Three analysts surveyed by Zacks expected $261.7 million. For the current quarter ending in July, Mentor Graphics expects its per-share earnings to be 14 cents.

  • NEW YORK— Wal-Mart, the nation's largest food retailer, is urging its thousands of U.S. suppliers to curb the use of antibiotics in farm animals and improve treatment of them. It comes after activists have reported animal abuse at farms supplying Wal-Mart and other major companies. Kathleen McLaughlin, senior vice president of Wal-Mart's sustainability...

  • Ann Inc. tops 1Q profit forecasts Friday, 22 May 2015 | 8:01 AM ET

    NEW YORK _ Ann Inc. on Friday reported fiscal first-quarter profit of $13.6 million. For the current quarter ending in July, Ann Inc. said it expects revenue in the range of $660 million. Ann Inc. shares have increased 29 percent since the beginning of the year.

  • PARIS, May 22- France's highest administrative court on Friday backed restrictions on unlicensed taxi services in a decision adding to U.S. start-up Uber's legal troubles. A Paris appeals court had been waiting for the decision before ruling on whether to ban Uber's unlicensed taxi service, known as UberPOP. Created by two Silicon Valley entrepreneurs...

  • CHICAGO, May 22- A weak global agriculture sector weighed heavily on quarterly results posted by Deere& Co on Friday, but earnings still topped expectations, and the farm equipment maker raised its full-year profit forecast despite a worsening sales outlook. Sales for agricultural equipment in the United States and Canada should fall about 25 percent this...

  • Campbell beats 3Q profit forecasts Friday, 22 May 2015 | 7:42 AM ET

    CAMDEN, N.J. _ Campbell Soup Co. on Friday reported fiscal third-quarter net income of $182 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 51 cents per share. Five analysts surveyed by Zacks expected $1.94 billion.

  • Boomers like GE, but everybody really loves... Friday, 22 May 2015 | 7:30 AM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    Baby boomers' portfolios favor General Electric more than any other stock except one, TD Ameritrade data showed.

  • Campbell Soup's quarterly sales fall 3.6 pct Friday, 22 May 2015 | 7:26 AM ET

    May 22- Campbell Soup Co, the maker of Pepperidge Farm cookies and Goldfish crackers, reported a 3.6 percent fall in quarterly sales, hurt by a strong dollar and "retailer inventory movements" in its U.S. soup business. The net income attributable to the company fell slightly to $182 million in the third quarter ended May 3 from $184 million, a year earlier.

  • Deere ups guidance as construction offsets ag swoon Friday, 22 May 2015 | 7:12 AM ET

    The Moline, Illinois, company posted net income of $2.03 per share, which easily beat the per-share earnings of $1.57 that analysts were looking for, according to a survey by Zacks Investment Research. "John Deere expects to be solidly profitable in 2015, with the year ranking among our stronger ones in sales and earnings despite the pullback in the farm sector,"...

  • CHICAGO, May 22- Farm equipment maker Deere& Co posted a sharply lower quarterly net profit on Friday as a weak global agriculture sector hurt sales, but still came in handily above market expectations. The Moline, Illinois- based company reported a profit of $690.5 million, or $2.03 per share, for its second quarter ended April 30, down nearly 30 percent from $980.7...

  • Foot Locker tops 1Q profit forecasts Friday, 22 May 2015 | 7:09 AM ET

    NEW YORK _ Foot Locker Inc. on Friday reported fiscal first-quarter earnings of $184 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Foot Locker shares have risen 14 percent since the beginning of the year.

  • *Islamic State advances in Iraq, Syria raise supply worries. LONDON, May 22- Oil prices slipped on Friday as worries over the impact of war in the Middle East on crude supplies were outweighed by reports of profit-taking ahead of a long weekend. "No one wants to hold open positions ahead of a long weekend so books are being squared, bringing some consolidation," said...

  • Hibbett misses Street 1Q forecasts Friday, 22 May 2015 | 6:39 AM ET

    BIRMINGHAM, Ala. _ Hibbett Sports Inc. on Friday reported fiscal first-quarter earnings of $27.4 million. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share. Eight analysts surveyed by Zacks expected $274.1 million.

  • Ahead of the Bell: US consumer prices Friday, 22 May 2015 | 6:21 AM ET

    WASHINGTON— The Labor Department reports on April consumer prices Friday at 8:30 a.m. Eastern. PRICE INCEASE: The expectation is that overall prices edged up a slight 0.1 percent, according to a survey of economists by data firm FactSet. Excluding volatile food and energy, it's believed that prices rose 0.2 percent.

  • China says work on charter for Asian bank completed Friday, 22 May 2015 | 4:41 AM ET

    Beijing's proposal for the Asian Infrastructure Investment Bank attracted unexpected widespread support from Western governments including Britain, New Zealand and France despite U.S. opposition. Other nations that have expressed interest in joining include India, Germany and Thailand. Beijing has pledged to put up most of its initial $50 billion in...

  • *Islamic State advances in Iraq, Syria raise supply worries. LONDON, May 22- Oil prices steadied on Friday as worries over the impact on crude supplies of war in the Middle East were balanced by reports of profit-taking ahead of a long weekend. "No one wants to hold open positions ahead of a long weekend so books are being squared, bringing some consolidation," said...

  • GOLETA, Calif.— The operator of a broken oil pipeline that fouled a California shoreline says it could be weeks or even months before investigators are able to determine what caused the break and subsequent spill. Crews have yet to excavate the broken piece of pipeline, which under the law must be done in the presence of federal regulators and a third party,...