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Stock Market & Financial Investment News

News For SJM;ZIP;AEP;CPB;SJM;ZIP;AEP;CPB From The Last 14 Days
Check below for free stories on SJM;ZIP;AEP;CPB;SJM;ZIP;AEP;CPB the last two weeks.
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July 29, 2014
07:27 EDTAEPUtilities coping with new environment as electricity sales sputter, WSJ says
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07:14 EDTAEPMarcus Evans to hold a conference
13th Annual Outage Management for Power Plants Conference to be held in New Orleans on July 29-31.
July 25, 2014
06:59 EDTAEPAmerican Electric backs FY14 EPS view of $3.35-$3.55, consensus $3.48
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06:57 EDTAEPAmerican Electric reports Q2 EPS 80c, consensus 75c
Reports Q2 revenue $4B, consensus $3.97B.
July 24, 2014
15:29 EDTAEPNotable companies reporting before tomorrow's open
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July 21, 2014
13:25 EDTCPBCampbell Soup says dividends to increase over time in-line with earnings
Says company has been reducing overhead expenses. Says FY14 guidance is unchanged from May. Says extra week in FY14 will impact FY14 EPS by 8c per share. For FY14, the company expects incentive compensation costs will be below target levels, which will be a headwind next year. Says company will drive future growth by launching new products and enhancing distribution. Expects to resume share repurchases in FY15. Sees a modest EPS effect from share buybacks in FY15. The company forecasts continuing cost inflation in FY15. Expects FY14 input cost inflation to be between 3%-4%. Sees $400M of capital spending in FY15. Sees gross margin percentage to be stable in FY15. Comments made during the company's Investor Day conference.
07:41 EDTCPBCampbell Soup sees resuming strategic share repurchases next FY
07:40 EDTCPBCampbell Soup sees FY14 adjusted EPS at low end of 2%-4% range
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07:32 EDTCPBCampbell Soup reiterates long-term target of 5%-7% adjusted EPS growth
Campbell reiterated its long-term targets of 3 to 4 percent organic sales growth, 4 to 6 percent adjusted EBIT growth and 5 to 7 percent adjusted EPS growth. While Campbell expects an improvement in its organic sales performance for the coming year, the company’s fiscal 2015 performance is expected to be below these long-term targets. The company indicated that it may need to continue reshaping its portfolio to achieve these long-term goals.
07:32 EDTCPBCampbell Soup sees FY15 gross margin percentage comparable to FY14
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07:31 EDTCPBCampbell Soup still sees FY14 adjusted EPS $2.53-$2.58, consensus $2.54
For the year, Campbell expects growth of approximately 3% in net sales from continuing operations and growth in adjusted EBIT at the low end of the 4%-6% range. Adjusted EPS is expected to grow at the low end of the 2%-4% range, or $2.53 to $2.58 per share.
07:30 EDTCPBCampbell Soup reaffirms FY14 guidance
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07:22 EDTCPBCampbell Soup to hold an investor day
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July 16, 2014
17:16 EDTSJMJ.M. Smucker raises quarterly dividend to 64c per share from 58c per share
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