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Food stocks on watch after Campbell Soup puts in soft quarter

  • A soft quarter from Campbell Soup (CPB -5.5%) is having a ripple effect across the sector.
  • The company's comments on the impact of pricing in the sector is creating a scare.
  • Decliners: Kellogg (K-0.8%, Post Holdings (POST-0.7%, PepsiCo (PEP-0.5%, General Mills (GIS-0.7%.
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Comments (1)
  • Khyber Pass
    , contributor
    Comments (302) | Send Message
     
    The govt. puts gazillions of dollars into the economy and lets interest rates go into the cellar, while not legislating a living wage for workers.

     

    So who is surprised at this development? Not anyone with a brain.
    Have you looked at the price of canned soup lately? And now minimum wage workers at W-M are being asked to donate food to their fellow MWers.

     

    Those of us who can afford to buy good stocks so we can use divvies to replace the interest we don't get anymore are not at all surprised. Not scared, either. We've anticipated this development.

     

    Mattress banks are the future in this country so hornswoggled it boggles the mind.
    19 Nov 2013, 10:20 AM Reply Like
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