NEW YORK— Kraft Heinz's $143 billion offer to buy Unilever was spurned, but the ketchup, cheese and lunch meat maker is still hungry to expand its domain. Given Unilever's stable of personal care products such as Dove soap, Bernstein analyst Ali Dibadj said the offer signaled that Kraft Heinz is potentially open to acquiring other packaged consumer goods, not...
Kraft Heinz Co., up $9.37 to $96.65. J.M. Smucker Co., down $1.89 to $135.95. Campbell Soup Co., down $4.07 to $58.48.
NEW YORK— Kraft Heinz is attempting to buy Unilever in a $143 billion deal that would join the U.S. maker of cheeses and lunch meats with the European producer of mayo, teas and seasonings in a global powerhouse. Unilever rejected the approach and called the price too low, while Kraft Heinz says it's still interested in a deal. Companies like Kraft Heinz, itself...
NEW YORK— U.S. stock indexes took a modest step back Friday, though they remain close to record highs. The Nasdaq composite rose 3 points, or 0.1 percent, to 5,818. Roughly two stocks fell for every one that rose on the New York Stock Exchange. Even with Friday's decline, the S&P 500 is still on track for its fourth weekly gain in a row.
U.S. stock index futures pointed to a lower open on Friday ahead of the Presidents' Day holiday weekend.
Net income attributable to Campbell fell to $101 million, or 33 cents per share, in the second quarter ended Jan. 29.
CAMDEN, N.J. _ Campbell Soup Co. on Friday reported fiscal second-quarter earnings of $101 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 88 cents per share. Four analysts surveyed by Zacks expected $2.22 billion.
Even after Thursday's market malaise, stocks roll into Friday with some of their best weekly gains of the year.
Equities in the United States climbed to new highs on Wednesday as investors parsed through key economic data.
U.S. equities posted new record highs as investors digested testimony from the top Federal Reserve official.
U.S. stocks rose on Monday, notching fresh record highs, as investors remained bullish on President Donald Trump's economic agenda.
Donald Trump has taken the wheel from the Fed when it comes to driving markets, and this week that may temporarily change.
Jim Cramer lays out why oil and interest rates could influence the market more than earnings next week.
A food and ag coalition called on President Trump to support Asia-Pacific trade and to reduce or eliminate tariffs and restrictive policies.
The founder of a dietary company is on a mission to create an owner's manual for your body, and explains to CNBC how he intends to do it.
CNBC's Sara Eisen talks to Denise Morrison, Campbell Soup CEO about consumer trust and the U.S. economy.
Denise Morrison, Campbell Soup CEO, shares her consumer spending outlook, Trump's impact on business and new products. With CNBC's Sara Eisen.
Chef'd will be selling Quaker "Overnight Oats" meals for $10 for two.
U.S. stock index futures pointed to a higher open after the four major market indexes all closed at record highs in the previous session.
Campbell Soup, Dr Pepper Snapple, DSW stocks are making headlines this Tuesday morning.