Bolthouse Farms will be setting up 'healthy snack stations' in stores with marketing ploys borrowed from junk food. USA Today reports.» Read More
Campbell Soup Co. is hoping it can spark a turnaround for the struggling beverage brand by hitching it to the growing popularity of new brands that mix more exotic ingredients like coconut water, kale and ginger and tout their freshness.
So Campbell is turning to organic varieties that come in rectangular cartons to help boost its struggling soup sales. In hopes of addressing that perception, Campbell has also been revamping recipes to improve taste and in late 2012 rolled out a line of "Go" soups that come in pouches and can be microwaved in a few minutes.
PARIS, July 1- Grocery manufacturers are struggling to adapt to the online world and need to invest in smarter packaging, presentation and supply chains to reap the long term benefits.
June 18- ConAgra Foods Inc warned that its adjusted fourth-quarter profit would be lower than its forecast, as the company struggles with its big push into private-label foods and sales fall in its consumer foods business. The company's shares fell as much as 7.4 percent to $30.41 on the New York Stock Exchange on Wednesday.
PARIS, June 18- Japan's Ajinomoto Co may not have found a partner in French ingredients company Diana Group, but unlike the famous Paul Anka love song- a favourite of CEO Masatoshi Ito- the food company is moving on, and looking for other deals.
Get out your Walkman! Cramer thinks a money making trend popular in the 1980s is about to surface again.
Stocks finished in positive territory after hovering around the flatline for much of the session Monday, as investors remained cautious amid recent mixed economic reports.
*AT&T to buy DirecTV for $48.5 billion.
*AT&T to buy DirecTV for $48.5 billion. NEW YORK, May 19- U.S. stocks rose on Monday, with another drop in bond yields supporting equities and gains in Internet and biotech stocks giving the Nasdaq an outsized advance.
Campbell Soup is blaming sales on a challenging consumer environment. CNBC's Herb Greenberg doesn't buy this argument.
*AT&T to buy DirecTV for $48.5 billion. AT&T slid 1.9 percent to $36.03 and dragged on the Dow a day after the telecom company said it will acquire DirecTV for $48.5 billion, as it seeks fresh avenues of growth beyond the maturing U.S. cellular business. DirecTV shares fell 1.4 percent to $84.92.
Take a look at some of Monday's midday movers:
*Third-qtr sales $1.97 bln vs est. May 19- Campbell Soup Co, the world's largest soup maker, cut its full-year sales forecast as the competition in the cheap-and-easy meals category shows no sign of cooling. "So, consumers have the option- rather than buying soup they might go out and get frozen pizza or mac and cheese," Morningstar analyst Erin Lash said.
*AT&T to buy DirecTV for $48.5 billion. AT&T lost 1.7 percent to $36.12 after the telecom company said it will acquire DirecTV for $48.5 billion, as it seeks fresh avenues of growth beyond the maturing U.S. cellular business. DirecTV shares lost $1.81 at $84.37.
*AT&T to buy DirecTV for $48.5 billion. *AT&T lost 2.5 percent to $35.83 in premarket trade after the telecom company said it will acquire DirecTV for $48.5 billion, highlighting AT&T's pressing need for fresh avenues of growth beyond the maturing U.S. cellular business. DirecTV shares lost one cent at $86.17 in premarket.
May 19- Campbell Soup Co, the world's largest soup maker, cut its full-year sales forecast after posting weaker-than-expected quarterly sales as increased promotions failed to boost its U.S. soup division. Shares of Campbell, which also makes Prego pasta sauces and Pepperidge Farm cookies, fell 5.4 percent in premarket trading.
U.S. stock index futures traded lower on Monday as global stocks continued to fall.
May 19- Campbell Soup Co, the world's largest soup maker, posted weaker-than-expected quarterly sales as increased promotions failed to drive growth in its U.S. soup division. Campbell's shares fell 9.1 percent to $41 in premarket trading after the company also lowered its full-year sales growth forecast.
Stocks are likely to take their cue from the bond market, as traders worry low yields are a warning the economy isn't springing back.
Jim Cramer believes there’s always opportunity in the market. You just have to know where to look! Here’s what’s on his calendar.