Campbell Soup Company

Campbell Soup Profit Rises Amid Turnaround Push

Campbell Soup is preparing to flood supermarket shelves with dozens of new products, but the push to revive its mainstay soup business comes at a time when cautious consumers are spending less on groceries.

Remember to Thank Canada for Your Thanksgiving Dinner

When it comes to eating locally, it's hard to beat the original Thanksgiving dinner. Today's holiday diners have far more options than the Pilgrims, and the string beans, sweet potatoes, cranberries and such on your table may come from abroad -- but they probably didn't have to come too far.

5 Things to Watch: From Food Stocks to Black Friday

The holiday shopping season officially kicks off on the Friday after Thanksgiving. Actually, make that during Thanksgiving for some retailers. Here's a rundown of some of the items that will shape this holiday week.

Earning Growth Strong Across Corporate America

S&P 500 companies have nearly completed the second-quarters earnings season, and overall, investors don't have much to complain about: More than 70% of companies have beaten earnings estimates, the index's earnings have risen more than 19% from last year, and nine of 10 sectors have given us a positive earnings surprise.

Which Comes First: Jobs or Profits?

Lots of companies are laying off workers, trying to cut costs and improve their profit margins. But how should investors view the news of job cuts at a company? As a sign of deep trouble and worse to come, or as proof of committed management and better times ahead? Here's how to read the pink slips.

Why Are Rich Companies Laying Off Poor Workers?

Several major corporations have been announcing layoffs in recent weeks, despite their fattening coffers. What accounts for all the pink slips? Consumers don't like them, nor do investors -- at least, not the farsighted ones. Here are the real reasons behind these puzzling, and troubling, terminations.

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 a third consecutive week.

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.

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%u2019s North American soup, sauces and beverage unit, is expected to succeed Conant, Reuters reported. Morrison has been appointed chief operating officer, effective October 1.

Campbell Soup Reports Quarterly Earnings of 33 Cents Per Share

Campbell Soup Company (CPB) reported net earnings of 33 cents per share for the quarter ended Aug. 1, compared with adjusted net earnings of 30 cents per share a year earlier. The improvement in earnings was driven by a lower effective tax rate and a reduction in weighted average diluted shares outstanding, the company said in a statement. Sales fell 1% to $1.518 billion in the quarter.

Qlik Clicks with IPO Investors as Stock Takes Off

Upstart Qlik Technologies is trying to disrupt things in the business intelligence software world, and as proof of its success, the company pulled off a $112 million IPO Friday. Since opening trading at $10, the stock has seen a nice bounce.

Can Corporate Sponsorship Save Cash-Strapped Schools?

Plummeting tax revenue and shrinking budgets have put an unprecedented amount of stress on America's educational system. Corporate America has been stepping in to help, putting up the money for everything from team uniforms to lesson plans. Yet, when does the fine line between corporate charity and blatant attempts to market to kids get crossed?

Is Pizza Eating Campbell Soup's Lunch?

Faced with competition from mac n' cheese and other simple meals, Campbell Soup is being forced to promote its brands at supermarkets just as the weather is warming and few consumers are looking for something piping hot to eat. It is the latest in a series of bad breaks to hit the food company.

Stocks in the News: Campbell Soup, Lowe's, Smith

A round-up of news that could affect stock prices today, including Cambell's Soup quarterly profit is up 11% over last year, Lowe's quarterly profit rose 27%, and Smith International agrees to Schlumberger buyout.