Articles by: Marc Ferrigno

Campbell Soup Raises Earnings Guidance as Synder’s-Lance Acquisition Supports Third Quarter Beat

Campbell Soup (CPB) raised its guidance for full-year earnings on Wednesday as it posted better-than-expected results for the fiscal third quarter, which was buttressed by its acquisition of salty snacks maker Synder’s-Lance last year. The Camden, NJ-based company, which was founded in 1869 and makes snacks, soups and simple meals, reported total combined company sales of $2.39 billion in the […]

by × June 5, 2019 ×

Taiwan Semiconductor Downplays Impact of US-Huawei Clash

Taiwan Semiconductor Manufacturing (TSM) expects a short-term impact from the US government’s move to blacklist Chinese telecommunication equipment maker Huawei Technologies but the chip maker maintains upbeat for the year, Reuters reported Wednesday. The semiconductor manufacturer had previously clarified that its shipments from Huawei were not affected by the impending ban and that it is keen on maintaining its business […]

by × June 5, 2019 ×