It is Friday the 13th but stocks are not spooked. U.S. markets were set to add more gains at the opening bell, following the better-than-expected economic reading from Germany. Corporate earnings are still in focus with CBS (CBS) higher in early trading after beating revenue and earnings for the fourth quarter. The broadcaster says results were helped by boosted ad sales. Campbell Soup (CPB) opened sharply lower after lowering its fiscal 2015 profit and sales outlook. The company blames the strong dollar for the warning. Reuters is reporting Hormel (HRL) is close to buying privately held organic food producer Applegate Farms. The deal could be worth up to $1 billion.
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