News Summary (BWS, BDX, CPB)

Shares of Brown Shoe Co BWS surged about 18.5% after the company reported upbeat FQ3 results. The company's profit came in at $0.42 per share, up from $0.38 per share, in the year-earlier period. Excluding charges, BWS posted its earnings at $0.45 per share. The company's sales increased 15% y/y to $716.1 million. However, analysts were expecting earnings at $0.40 per share on sales of $698.1 million. BWS projected its adjusted profit of $1 to $1.05 per share for the FY10 and earnings of $1.31 to $1.43 per share for the full year 2011. However, analysts estimated profit of $0.90 per share for FY10 and earnings of $1.03 per share for the full year 2011. Shares of Becton Dickinson and Co BDX lost about 1.3% after the company's board declared a quarterly dividend of $0.41 per share for the fourth quarter, compared with $0.37 per share for the third quarter. The company's Chief Executive Edward Ludwig said, "This marks the 38th consecutive year in which Becton Dickinson has increased our dividend, reflecting the company's sustained strong performance and cash flow." Shares of Campbell Soup Co CPB lost about 0.9% after the company reported its FQ1 results. The company's profit dropped to $0.82 per share, from $0.87 per share, in the year-earlier period. The company's sales came in at $2.17 billion, versus $2.2 billion, in the year-ago period. However, analysts estimated earnings of $0.84 per share on sales of $2.21 billion. Read more from Benzinga's Markets.
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