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Campbell Soup Company stock price
Campbell Soup Company latest news:
Campbell beats Street 2Q forecasts but soup sales decline
Campbell Soup tops 2Q earnings per share and revenue expectations, but soup sales decline amid an ongoing spat with Walmart
BRIEF-Campbell Soup - Share Repurchases Now On Hold - Conf Call
* CEO ON CONF CALL - SNYDER'S LANCE TO ADD $2.2 BILLION TO
Campbell Soup organic sales fall as customer dispute continues
(Reuters) - Campbell Soup Co on Friday reported a 2 percent drop in organic net sales in its second quarter as a key customer in North America placed fewer orders for its canned soups.
Campbell Soup to end Toronto manufacturing as part of cost-savings program
Campbell Soup Co. said Wednesday it is planning to close a manufacturing plant in Toronto and move its Canadian headquarters and commercial operations to a new location in the Greater Toronto Area. The food company said the move is part of a previously announced cost saving program that has already generated $345 million in annual savings. "Several factors have resulted in excess capacity in Campbell's North American thermal supply chain network, including significant productivity improvements and volume declines of canned soup in North America," said the company. Canadian production will be integrated into the U.S. manufacturing network. The company said 380 jobs out of 600 will be affected. Campbell currently has about 18,500 employees worldwide. Shares were down about 1% Wednesday, and have fallen 26% in the last 12 months, while the S&P 500 has gained 25%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Campbell Soup Authorizes Additional Pre-Tax Costs For Expanded Initiatives
Campbell Soup Co(CPB): * Campbell Soup Co(CPB) - ON JAN 18, 2018, CO AUTHORIZED ADDITIONAL PRE-TAX COSTS FOR EXPANDED INITIATIVES TOTALING ABOUT $125 MILLION TO $140 MILLION. * CAMPBELL SOUP (CPB) - EXPECTS TO INVEST ABOUT $250 MILLION IN CAPEX IN CONNECTION WITH COST SAVINGS ACTIONS - SEC FILING.
BRIEF-Campbell Soup Says To End Manufacturing At Toronto Plant
Campbell Soup Co(CPB): * CAMPBELL ANNOUNCES PLANS TO IMPROVE OPERATIONAL EFFICIENCY OF ITS NORTH AMERICAN THERMAL SUPPLY CHAIN NETWORK; COMPANY TO END MANUFACTURING AT TORONTO PLANT. * Campbell Soup Co(CPB) - CAMPBELL WILL MOVE ITS CANADIAN HEADQUARTERS AND COMMERCIAL OPERATIONS TO A NEW LOCATION IN GREATER TORONTO AREA.
Hershey, Campbell bet nearly $6 billion on healthy snacks makers
(Reuters) - Campbell Soup Co and Hershey Co on Monday unveiled deals totaling nearly $6 billion to buy healthy packaged snacks makers, the latest example of big U.S. food companies trying to cater to an increasing American preference for healthy foods.
Why Hershey, Campbell Soup both scarfed up snack deals
Individual snacking is a $33 billion industry in this country, with healthy foods are more popular than traditional snacks, according to Nielsen.
Crisps and snacks seen as a route to growth by US firms
The Hershey Company and Campbell Soup strike multi-billion dollar deals to buy rival snack firms.
Campbell gets the munchies, buys Snyder's-Lance for $4.87B
Campbell Soup will spend $4.87 billion in cash for Snyder's-Lance, gorging on a snack market that has grown increasingly competitive.
Campbell Soup to acquire Snyder's pretzel, Pop Secret popcorn maker
Campbell Soup ladled a $4.9 billion deal to acquire Snyder's-Lance, the maker of Snyder's of Hanover pretzels, Kettle chips and Pop Secret popcorn.
Campbell Soup, Snyder's-Lance shares rise on deal report
Shares of Campbell Soup and Snyder's-Lance rise after a report said the soup company was in advanced talks to buy the pretzel maker
Campbell Soup in advanced talks to buy snacks maker Snyder's-Lance - CNBC
Dec 15 (Reuters) - Campbell Soup Co is in advanced
talks to acquire snacks maker Snyder's-Lance Inc, a
deal which could be announced as early as next week, CNBC
reported on Friday, citing sources familiar with the situation.
Campbell Soup in 'advanced talks' to buy Snyder's-Lance: report
Campbell Soup Co. is in "advanced talks" to buy snack maker Snyder's-Lance Inc. , CNBC reported late Friday, citing sources familiar with the potential deal. The acquisition could be announced as early as next week and would be Campbell's largest, the report said. The deal could be delayed or fall apart, the sources said. It would value Snyder's at about $50 a share, according to the report. Shares of Campbell Soup were flat in late trading Friday after gaining 2% at the end of the trading day, while Snyder's-Lance shares rose 5% after finishing the regular session up 5.3%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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