It appears that New Jersey-based Virtua Health has found the financial fountain of youth, but through what means remains to be determined. Chief executive Richard Miller points to a lean management approach he implemented throughout the system back in 1998 as key, but at least one rival hospital believe that it’s Virtua’s unwillingness to see lower-income patients that has helped its bottom line.

The march toward profitability began back in 1998, when Memorial Health and West Jersey Health merged to form Virtua. Chief executive Richard Miller, with the help of General Electric, created an environment of “rigor and accountability” that has helped save $27 million since 2002.

“If you build a great health system programmatically from a quality and safety perspective, I don’t care where you’re based, you’re going to be successful,” Miller said.

However, Cooper University Hospital in Camden, N.J., complained to the state last year that Virtua funneled its low-income patients

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Raytheon Missile Systems, an operating unit of Raytheon Company (RTN), received a $93.9 million contract from the Naval Sea Systems Command, authorizing the start of production of Standard Missile-6 (SM-6). The anti-air warfare missile completed tests in August 2009, validating the go-ahead to initiate production. Work on the contract – expected to be completed by March 2012 – will be executed in Tucson, AZ, Camden, AR, Boston, MA and elsewhere. Raytheon Missile Systems’ contractual backlog of late has witnessed a slide from $9.9 billion after the end of the fiscal 2008 to $7.6 billion after the end of the first-half of fiscal 2009. This was mainly due to the cancellation of the $2.4 billion KEI program. The initiation of production of the SM-6 missile generated another steady stream of orders for the company. Raytheon is the one of the largest aerospace and defense companies in ...

Headquartered in Camden, New Jersey, Campbell Soup Co. (CPB) is a leading global soup manufacturer and is the third largest biscuit company in the U.S. The company's Transformation and Driving Quality Growth Plans are improving the topline through a combination of improved products, attractive packaging, a new retail shelving system, and more effective marketing.

Price increases and a line of lower sodium soups helped Campbell accomplish management's financial goals in the last 2 fiscal years. Management continues to optimize the portfolio with the introduction and reformulation of lower sodium soups. However, cost inflation remains a concern. The Hold recommendation is maintained.

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