New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 5, 2012
19:17 EDTCAG, RAHConAgra seen as attractive buy following Ralcorp acquisition, Barron's says
ConAgra (CAG), which last week announced it was paying $5B for private-label food-company Ralcorp, is seen as an attractive opportunity for investors, according to a Barron's report. The report notes that food giants like ConAgra that are centered around their brand name offerings can struggle existing alongside private-label businesses, which are designed to offer a lower-priced alternatives to brand names, but that the Ralcorp acquisition has a chance to be "a game changer for the company." Shares of ConAgra gained 14c, or 0.47% on today's session to close at $29.69. Reference Link
News For CAG;RAH From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 14, 2014
13:46 EDTCAGConAgra reaffirms guidance, sees Q2 EPS in-line with year ago
ConAgra Foods said it expects to affirm its previously announced FY15 guidance of diluted earnings per share to show a mid-single digit rate of growth over comparable FY14 when meeting with investors today. It adds the remaining EPS growth in FY15 is expected to occur in the second half of the fiscal year. Comparable EPS for Q2 is expected to be in line with year-ago amounts given the "strong comparable EPS performance" in the second quarter of last year. The company reaffirms its operating cash flow, debt reduction, and dividend guidance.
11:25 EDTCAGCargill to distribute certain ConAgra foods in Brazil
Cargill and ConAgra Foods are pleased to announce a partnership to bring the Huntís line of condiments and ACT II microwave popcorn to Brazil. In the past three years the condiments market has grown 4.5% a year; the main product in this category is tomato ketchup, which accounts for about 93% of this market. In Brazil, the microwave popcorn market has considerable growth potential as a result of strong sales of microwave ovens to the countryís new middle class in recent decades.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use