campbell soup

In a story July 12 about Campbell Soup Co. offering earnings guidance for fiscal 2011 and 2012, The Associated Press reported erroneously that the company lowered its fiscal 2012 outlook.

The company actually provided its first guidance for fiscal 2012. Also, the story should have clarified that the company was spending money in Australia to automate packing operations.

The company said that investment would result in the elimination of about 190 jobs.

The Campbell Soup Co. has formally named Denise Morrison as its next president and CEO.

Campbell Soup Co. says President and CEO Douglas Conant will take several weeks off work following surgery scheduled for Monday.

Campbell Soup Co. has cut its outlook for fiscal 2011 because it spent more money to spur sales in the first quarter but shoppers didn't bite.

Campbell Soup Co. said Monday that it will cut the amount of sodium in its SpaghettiOs canned pastas by up to 35 percent, as food makers increasingly try to make healthier products for children.

Campbell Soup Co. reports the results for its fiscal fourth quarter on Friday. The following is a summary of key developments and analyst opinion related to the period.

An analyst on Thursday boosted his estimates for Campbell Soup Co., saying he is optimistic about the soup maker's near-term potential to beat expected earnings.

Campbell Soup says it expects its fiscal 2009 profit growth to exceed its long-range target of 5 percent to 7 percent.

Campbell Soup Co. maintained its fiscal 2009 adjusted profit growth forecast Wednesday, saying it still expects to surpass its long-range target of 5 percent to 7 percent.

Campbell Soup Co. president and CEO Douglas Conant is leading the company from a hospital as he recuperates from surgery after he was injured in a motor vehicle accident.