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News For SJM;ZIP;CPB;AEP From The Last 14 Days Check below for free stories on SJM;ZIP;CPB;AEP the last two weeks. |
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| May 21, 2013 |
| 07:45 EDT |  | CPB | Morgan Stanley remains cautious on Campbell Soup
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| May 20, 2013 |
| 12:59 EDT |  | AEP | Ruling on PPL may have positive read-through for other utilities, Reuters says
The Supreme Court ruled PPL (PPL) can claim $39M in U.S. foreign tax credits against a 1997 British windfall tax and other utility companies, like Entergy (ETR) and American Electric Power (AEP), are in the same position, having been hit by the windfall tax after they acquired British utility companies that were later privatized, reported Reuters. Reference Link |
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| 09:48 EDT |  | CPB | Campbell Soup reverses down from pre-market highs, levels to watch
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| 08:42 EDT | | CPB | Campbell Soup rises after earnings, approaching $50
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| 07:34 EDT |  | CPB | Campbell Soup raises FY13 adjusted EPS view to $2.58-$2.62, consensus $2.56
The company revised its previous FY13 guidance and now expects to grow sales at the upper end of the 10%-12% range and adjusted EBIT at the upper end of the 4%-6% range. Adjusted EPS, benefitting from a favorable tax rate and the EBIT improvement, is now expected to exceed the previous range of 3%-5%. The company now expects adjusted EPS to grow between 6%-7%, putting adjusted EPS in the range of $2.58-$2.62. Guidance includes the estimated impact of the Bolthouse Farms business and excludes the impact of acquisition transaction costs and restructuring charges. In FY13, Campbell expects Bolthouse Farms to contribute approximately $750M to sales and add approximately 6c to adjusted EPS, including the impact of the suspension of Campbell’s strategic share repurchase program. |
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| 07:32 EDT | | CPB | Campbell Soup reports Q3 adjusted EPS 62c, consensus 56c
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| May 16, 2013 |
| 12:30 EDT |  | AEP | Texas PUC approves ETT application for transmission line
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