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Campbell Soup the only stock to rise in historic sell-off

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FourScore Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:17 PM
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Campbell Soup the only stock to rise in historic sell-off



Goodbye $1 Billion Salary, Hello Campbell Soup
Posted Sep 30, 2008 01:42pm EDT by Henry Blodget

Campbell Soup Co. was the only stock in the S&P 500 that escaped yesterday's historic sell-off. That’s right: 499 fell, and just one rose.

Could there be a clearer metaphor for Americans refocusing on the basics after a decade of greed and excess?

http://finance.yahoo.com/tech-ticker/article/81526/Goodbye-1-Billion-Salary-Hello-Campbell-Soup

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tblue Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:18 PM
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1. We're preparing our emergency shelters.
Makes sense to me.
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:21 PM
Response to Reply #1
4. Exactly what I was thinking, too. n/t
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Coventina Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:18 PM
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2. I'm proud to say that I noticed this yesterday!
Edited on Tue Sep-30-08 04:21 PM by Coventina
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:21 PM
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3. I take it that Hormel, the maker of Spam, is NOT in The S&P 500? n/t
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lapfog_1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:22 PM
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5. The perfect metaphor for the entire mess. - n/t
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liberalhistorian Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:23 PM
Response to Reply #5
6. No kidding,
how ironic, indeed.
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avaistheone1 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:24 PM
Response to Original message
7. Price went up on Smuckers stock too. I think the market was confused and thought Suckers.
The market needs alot of Suckers to buy in to the existing bailout plan.
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monmouth Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:24 PM
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8. Oy, with extra dosage of sodium. Yummmm...n/t
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MrCoffee Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:28 PM
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9. Doesn't BH own a huge percentage of Cambell's soup (or whoever their parent is)?
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sam sarrha Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:45 PM
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10. .... probably cream of mushroom on pasta
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 04:49 PM
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11. Campbells still makes soup??
Haven't bought canned soup in decades:)..Too salty, and my homemade soup is cheaper & better:)
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