Campbell Closing Plants as Soup Consumption Falls
Campbell Soup Co., the world's largest soup maker, is closing two U.S. plants and cutting more than 700 jobs as it looks to trim costs amid declining consumption of its canned soups.
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.
Corporate Tax Kickbacks: Busting Our Budgets, State By State
Federal tax giveaways to industries have received much criticism, but the relocation incentives offered by states may be the most counterproductive of all corporate subsidies.
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.
How Many Days Are in a Week of V8 Vegetable Juice?
You can now get your weekly dose of fruit and vegetables in Campbell Soup's new pack of V8 juices. Except that there are only six cans in each "weekly" pack.
Daily Blogwatch: 10 Companies Expected to Be Most Profitable in 2011
Financial stories to think about over the weekend: A look at gold from a very different perspective; the 10 companies expected to be the most profitable in 2011; and Quora's growing popularity.