Company News for May 20, 2014 - Corporate Summary

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•    Campbell Soup Company's (NYSE: CPB ) shares declined 2.4% after forecasting fiscal 2014 sales growth from continuing operations of 3%, lower than the previous forecast of 4% to 5%

•    Shares of The Valspar Corporation (NYSE: VAL ) rose 1.4% after reporting fiscal second quarter earnings per share of $1.07, beating the Zacks Consensus Estimate of $1.04

•    Abbott Laboratories's (NYSE: ABT ) shares increased 1.5% after the company announced it will buy Chile based CFR Pharmaceuticals for about $2.9 billion

•    Shares of Johnson Controls Inc (NYSE: JCI ) jumped 4.3% after it said it will hive off its automotive-interiors business to form a joint venture with Yanfeng Automotive Trim Systems Co


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Investing Ideas , Stocks

Referenced Stocks: ABT , CPB , JCI , VAL

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