News Breaks |
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| November 20, 2012 |
| 10:42 EDT |  | CPB | Campbell Soup says monitoring Hostess situation
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News For CPB From The Last 14 Days Check below for free stories on CPB 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 |
| 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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