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Stock Market & Financial Investment News

News Breaks
November 20, 2012
07:34 EDTCPBCampbell Soup says to incur pre-tax costs of $115M from restructuring
On Sept. 27, Campbell announced a program to improve its U.S. supply chain cost structure and increase asset utilization across its U.S. thermal plant network. This initiative includes plans to close the company’s South Plainfield spice plant by March 2013 and its Sacramento plant by July 2013. In the aggregate, the company expects to incur pre-tax costs of approximately $115M, most of which will be incurred in FY13. In Q1, Campbell recorded pre-tax costs of $43M, $27M after tax or 9c per share, related to these initiatives.
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March 29, 2015
18:13 EDTCPBCampbell Soup shares could fall to around $40, Barron's says
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March 25, 2015
08:22 EDTCPBBuffett says has looked at 'all the companies' in Kraft's space
Buffett was answering a question posed by CNBC's Becky Quick regarding whether Campbell Soup (CPB), Mondelez (MDLZ) or others could be targets for Berkshire (BRK.A) following its Heinz and Kraft (KRFT) deals.
06:18 EDTCPBCampbell Soup volatility at low end of historic range
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