Campbell reinvents soup, one cup, pouch or K-cup at a time
NEW YORK (Reuters) – When Campbell Soup Co was losing market share to private label brands and smaller competitors in recent years, it could have used another pop superstar like Andy Warhol to try to make its brand hip again, especially with 20-somethi…
Judge rejects Monte Paschi prosecutor’s seizure request against JP Morgan
SIENA (Reuters) – An Italian judge has rejected a prosecutors’ request to seize just under 200 million euros ($275 million) of funds from JP Morgan as part of an investigation into Banca Monte dei Paschi di Siena’s acquisition of a smaller rival, a sou…
Exclusive: Merck works toward bringing Zilmax back to U.S., Canada
CHICAGO (Reuters) – U.S. drugmaker Merck & Co plans to resume sales of the controversial Zilmax animal feed additive in the United States and Canada after it completes an audit of how the product is used, a spokeswoman said on Tuesday.
Boeing to place much of 777X design work outside Seattle
NEW YORK (Reuters) – Boeing Co has decided to place a significant amount of design work for its coming 777X jetliner in cities outside the Seattle area, where the current 777 was designed and is being built, according to an internal memo reviewed by Re…
Pimco taps Maisonneuve as global head of equities
LONDON/NEW YORK (Reuters) – Pimco, which runs the world’s largest bond fund under Bill Gross, has tapped Virginie Maisonneuve as global head of equities, succeeding Neel Kashkari, who left the firm earlier this year for a possible run for public office…
Boeing to place major 777X design work outside Seattle
NEW YORK (Reuters) – Boeing Co has decided to place significant design work for its forthcoming 777X jetliner in cities outside the Seattle area, where the current 777 was designed and is being built, according to an internal memo reviewed by Reuters a…
Twitter’s ‘anti-Facebook’ IPO tactics win over some investors
(Reuters) – Institutional investors who met with Twitter Inc this week say they are optimistic about its initial public offering and see little sign of the irrational exuberance that preceded Facebook Inc’s splashy coming-out party in 2012.
Lululemon hires ex-Kmart executive for global merchandising role
TORONTO (Reuters) – Yogawear maker Lululemon Athletica Inc on Wednesday named a former executive of Sears Holdings Corp to oversee its global merchandising and design, but offered no clue on who will become its next chief executive.
Exclusive: Vivendi CFO Capron to be named Veolia CFO – sources
PARIS (Reuters) – The chief financial officer of Vivendi , Philippe Capron, will move to the same post at Veolia Environnement , a blow to the media and telecom group in a time of transition, four sources familiar with the situation said.
CACI to focus on integrating Six3 acquisition for now: CEO
WASHINGTON (Reuters) – U.S. contractor CACI International Inc will focus for the next six months to a year on integrating its $820 million acquisition of Six3 Systems Inc and deleveraging its balance sheet, the company’s chief executive, Ken Asbury, to…
