Campbell will raise the price of its condensed soups in June

Campbell Soup Co.'s net income slipped by 5.3% in the latest quarter as it struggled to deal with higher costs for ingredients and sluggish soups sales, the company said Monday.
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( James H. Collins / AP Photo / May 21, 2012 )

Campbell Soup Co.'s net income slipped by 5.3% in the latest quarter as it struggled to deal with higher costs for ingredients and sluggish soups sales, the company said Monday.

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