Traders emerging from one of the most turbulent weeks in history will likely need to brace for more volatility as the Street gears up for jobs data.» Read More
*Q3 adjusted profit $0.62/ share vs estimate of $0.52. May 22- Packaged foods maker Campbell Soup Co on Friday reported an unexpectedly better quarterly profit, helped by lower spending on promotions, higher prices for its products and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose about 1.5 percent.
U.S. stock index futures indicated a flat to slightly lower open for Friday after inflation data and ahead of a speech by U.S. Federal Reserve Chair Janet Yellen.
May 22- Packaged foods maker Campbell Soup Co reported a better-than-expected quarterly profit, helped by lower promotions, higher selling prices and cost cuts. Shares of the company, known for its soups, Pepperidge Farm cookies and Goldfish crackers, rose 1.5 percent in premarket trading on Friday. The company said margins grew in its global baking and...
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...
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...
Some of the names on the move ahead of the open.
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.
A speech by Fed Chair Janet Yellen and CPI data guarantee that more traders will be working than otherwise might be ahead of the long weekend.
Wednesday's Fed minutes along with housing data might cause turbulence.
Next week's Fed minutes along with housing data might cause turbulence.
LOS ANGELES, April 22- As McDonald's Corp prepares yet another plan to revive its business, company watchers have the following advice: reconnect with lower income consumers who remain faithful to the brand, improve wages and ease the financial burden on operators. Steve Easterbrook, the company's new chief executive, on May 4 will announce his plan to reinvent...
These 6 consumer stocks have phenomenal 25-year returns, proving why investors like Warren Buffett stick with them in good times and bad.
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This year is on track to surpass the record set in 2014 for M&A. "Merger Monday" is back. Here's how to trade it.
The merger of Kraft and Heinz could pave the way for future food mergers, but dealmaking will likely dip in the near term, analysts tell CNBC.
Kraft Foods Group and H.J. Heinz agreed to pair up in a deal that will form a combined company with $28 billion in revenue. Here's how to trade it.
General Mills delivered quarterly earnings that topped analysts' expectations on Wednesday.
March 18- General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reported a better-than-expected quarterly profit as sales rose in the United States after five straight quarters of decline. General Mills shares rose about 1 percent to $52.40 in premarket trading. General Mills, along with ConAgra Foods Inc and Campbell Soup Co, is...
Are stocks dead in the water thanks to the dollar rise?
Target's CEO said the company will cut several thousand jobs within the next two years as part of a $2 billion cost-savings plan.