cpb

Campbell's Shares Plummet After CEO Resigns and Weaker Outlook

Campbell's Shares Plummet After CEO Resigns and Weaker Outlook

Campbell’s Soup Company (NYSE: CPB) shares plummeted on Friday after its Chief Executive Officer Denise Morrison abruptly resigned and its weaker-than-expected fiscal outlook. Shares fell by 11.3 percent after the opening bell.Morrison served ..

Campbell Soup to Buy Pacific Foods for 700 Million

Campbell Soup to Buy Pacific Foods for 700 Million

Campbell Soup Co. (NYSE: CPB) on Thursday announced that it agreed to acquire Pacific Foods of Oregon for $700 million in cash, a move to boost the company’s healthy organic food business.Founded in 1987, Pacific Foods is a leading producer of..