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Stock Market & Financial Investment News

News Breaks
February 19, 2013
10:08 EDTCAGConAgra says targeting $1.5B of debt repayment by the end of FY15
Through 2015, sees "very limited" share repurchases, acquisitions. Long-term, will resume focus on acquisitions and will utilize/balance share repurchases with other priorities. Says will upwardly revise long-term EPS, sales growth with the company's Q4 earnings release. Comments from slides that were presented at CAGNY 2013.
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May 20, 2015
12:01 EDTCAGConAgra announces resolution related to 2007 voluntary peanut butter recall
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May 12, 2015
16:32 EDTCAGConAgra acquires Blake’s All Natural Foods, terms not disclosed
ConAgra Foods announced that it has acquired Blake’s All Natural Foods, a rapidly-growing, family-owned company which makes natural and organic frozen meals, including pot pies, casseroles, pasta dishes and other entrees. Blake’s All Natural Foods has approximately 60 employees based in Concord, N.H. Licata will continue to lead the Blake’s business from its headquarters in Concord. Terms of this all-cash deal were not disclosed. This transaction has no impact to ConAgra Foods’ previously communicated debt reduction commitments for fiscal 2015.

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