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Soup Company (NYSE:CPB) said Friday its fiscal second quarter profits declined as US soup sales fell, but earnings still beat Street estimates. The soup maker also reiterated its full year fiscal 2012 guidance. Campbell said it continues to expect...
8:37 AM ET (RTTNews) – Campbell Soup Co. (CPB: News ) said Friday its second-quarter profit declined due to higher costs and a slip in revenues. Despite this, the earnings number surpassed analysts’ estimate and the company reiterated its fiscal year...
German presidency is largely symbolic, Chancellor Angela Merkel must now undergo what could prove to be a politically divisive search for Wulff’s replacement, just when European leaders are meant to be hammering out a bailout deal with Greece. 3)...
Results were mixed, as CPB surpassed Wall Street's prediction for a per-share profit of 62 cents, but fell short of the forecasted $2.12 million in sales. Looking forward, the New Jersey-based business reiterated its full-year guidance, saying it sees...
(NYSE: CEG) is down -0.38% at $36.53 (more coverage here); Enbridge Inc. (NYSE: ENB) is down -3.9% at $37.86; SunPower Corp. (NASDAQ: SPWR) is up 11.6% at $8.35 ;(more coverage here); H.J. Heinz Co. (NYSE: HNZ) is up 4.3% at $54.35; and Campbell Soup Co.
Despite reporting a 77 percent increase in profits late Thursday, shares of Baidu Inc. (NASDAQ:BIDU) edged lower. Fourth quarter profits totaled $326 million, while revenue surged 83 percent. Shares of Google Inc. (NASDAQ:GOOG) also edged slightly lower...
General Mills Inc. (NYSE:GIS) retreated 3.6 percent to finish at $38.34 after the company slashed its fiscal 2012 EPS forecast, blaming weak volume performance across U.S. retail food categories. GIS also guided quarterly EPS below consensus. Campbell...
The quarterly earnings of 64 cents per share, however, surpassed the Zacks Consensus Estimate of 62 cents. During the quarter, net sales inched down 1% from the prior-year quarter to $2,112 million, missing the Zacks Consensus Estimate of $2,116...
And to add insult to injury -- at least for the competition -- Heinz management went on to add they’re expecting higher than expected earnings for 2012. At the same time HNZ was making already giddy investors even more so, companies like General Mills...
Soup (CPB) reported second quarter earnings that topped analysts’ estimates, but fell year-over-year. The company earned $205 million in the quarter, or 64 cents per share, which was ahead of the 62 cent per share estimates. “Food Earnings: CPB, HNZ” is...
(NYSE: CPB) crossed above their 200 day moving average of $32.82, changing hands as high as $33.97 per share. Campbell Soup Co. shares are currently trading up about 3.1% on the day. The chart below shows the one year performance of CPB shares, versus...
In trading on Friday, shares of Campbell Soup Co. (NYSE: CPB) crossed above their 200 day moving average of $32.82, changing hands as high as $33.97 per share. Campbell Soup Co. shares are currently trading up about 3.1% on the day. The chart below...
The company earned $205 million in the quarter, or 64 cents per share, which was ahead of the 62 cent per share estimates. Revenue was in line with estimates, dropping just 1%. The company said cautious consumer spending and higher marketing expenses...
(Reuters) - HJ Heinz Co (HNZ.N) and Campbell Soup Co (CPB.N) posted better-than-expected quarterly profits on Friday, even as price increases meant to offset higher commodity costs hurt sales volume. Shares of both companies rose more than 3 percent in...
Campbell Soup Co. CPB-N says its second-quarter net income fell 14 per cent as it faced higher commodity costs and spent more on marketing for its core soup business. The company, known for its red and white soup cans, says net income for the three...
In corporate news, General Mills Inc. (NYSE:GIS) retreated 4.4 percent to $38.00 in premarket trading after the company slashed its fiscal 2012 EPS forecast, blaming weak volume performance across U.S. retail food categories. GIS also guided quarterly...
Net sales decreased 1 percent to $2.112 billion, but were roughly inline with the Street’s consensus of $2.12 billion. Sales for U.S. Beverages were $187 million, a 4 percent increase year over year. International sales in the Simple Meals and...
N.J.--(BUSINESS WIRE)-- Campbell Soup Company (NYSE: CPB) today reported its results for the second quarter of fiscal 2012. Sales Decreased 1 Percent to $2.112 Billion Earnings Declined in U.S. Simple Meals, Global Baking and Snacking, and International...
Campbell Soup Co. (NYSE: CPB) reported second quarter EPS of $0.64 on revenue of $2.11 billion and H.J. Heinz Co. (NYSE: HNZ) reported its third quarter adjusted EPS of $0.95 on revenue of $2.92 billion. The consensus estimate on Campbell’s called for...
(Reuters) - Campbell Soup Co (CPB.N) reported better-than-expected quarterly profit on Friday, citing progress in its plan to turnaround its sagging U.S. soup business. Its net income was $205 million, or 64 cents per share, in its fiscal second...
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For the situation we had been put in … I think CPB made a good decision to hold the carnival since Pilotpalooza is not happening this spring since the (concert) will be happening
We found that Jica's initial plan and one that the CPB drafted in 1995 to be 80% similar. Integrating the two models can be done in two weeks
We are most grateful for CPB coming through for our community in this way. The CPB employees have been great supporters for a long time and this corporate contribution on top of the employees’ contributions tells me CPB understands that maintaining robust social services on Kaua‘i is good for CPB employ...
We are most grateful for CPB coming through for our community in this way. The CPB employees have been great supporters for a long time and this corporate contribution on top of the employees’ contributions tells me CPB understands that maintaining robust social services on Kaua‘i is good for CPB employ...
One hundred percent of Kaua‘i’s CPB employees contributed to the 2011 KUW Annual Campaign and total employee contributions increased 58 percent from last year
