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Campbell’s cuts quarterly dividend and targets cost savings

Campbell’s chief executive said performance remains “unacceptable.” In the latest quarterly earnings update, the soup and snack maker slashed its quarterly dividend and looks to cut costs.

CPB

By Mackenzie TatananniCampbell's, arguably one of America's most iconic soup brands, isn't performing where it needs to be, according to its chief executive.

It's a reality underscored by the company's latest quarterly earnings.The soup and snack maker on Thursday slashed its quarterly dividend to…