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Collaborative Spirit Nets Conagra Brands "Shipper Of Choice" Award
Monday, June 17, 2019 - 10:23am | 379FreightWaves and Convoy recently teamed up to present the first annual Shipper of Choice Award to a top-notch manufacturer, distributor or retailer. Conagra Brands (NYSE: CAG) ranked number 4 out of 25 award winners. The first-of-its-kind award was created to recognize shippers committed to...
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Potential Rally in Stocks Seems to Be Kept in Check by Worries About Govt. Shutdown, Fed
Friday, December 21, 2018 - 11:37am | 1409(Friday Market Open) Today is the Northern Hemisphere’s winter solstice—the shortest day of the year, at least in terms of daylight. The stock market, however, is still trading normally, and some bulls may be wishing for shorter hours. While pre-market activity wasn’t pointing to...
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Insider Buys Of The Week: Conagra, Salesforce, Thor
Monday, October 15, 2018 - 6:51am | 576Insider buying can be an encouraging signal for potential investors. Trading plans and public offerings prompted some insider buying last week. A director at an RV maker also stepped up to the buy window as well. Conventional wisdom says insiders and 10 percent owners really only buy...
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ConAgra CEO Explains Why He's Optimistic Over A Trump Presidency
Tuesday, January 17, 2017 - 4:16pm | 327Conagra Brands Inc (NYSE: CAG) CEO Sean Connolly was a guest on CNBC Tuesday to talk about the company's outlook during the upcoming administration. Connolly explained that President-elect Donald Trump has outlined many priorities for his presidency and none of them are lacking in...
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Analyst Day Expectations For Jefferies Top Pick ConAgra Foods
Wednesday, October 12, 2016 - 1:02pm | 235ConAgra Foods Inc (NYSE: CAG) is scheduled to host an Analyst Day on Thursday, which will place an emphasis on the proposed split of its Lamb Weston division. Ahead of the company's presentation, Akshay Jagdale of Jefferies prepared a cheat-sheet of what to expect. According to Jagdale,...
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ConAgra Shareholders Cheer Q3 Results
Thursday, April 7, 2016 - 9:44am | 230Shares of ConAgra Foods Inc (NYSE: CAG) gained more than 2 percent early Thursday morning after the company reported its third-quarter results. ConAgra said that it earned $0.68 per share in the third quarter on revenue of $2.924 billion. Wall Street analysts were expecting the company to earn $0....
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Pre-Merger Earnings Expectations For Rite Aid, Walgreens And Bed Bath & Beyond
Sunday, April 3, 2016 - 4:39pm | 783Two merging drug store giants are scheduled to share their latest earnings reports this week. Wall Street consensus forecasts see earnings growth from just one of them. A domestics superstore operator is also on deck this week to post its latest quarterly results. Before the new earnings...
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TreeHouse Foods Announces Expiration Of Waiting Period For Acquisition Of ConAgra's Private Brand Operations, Expects Transaction To Close Next Month
Friday, January 8, 2016 - 11:11am | 173Shares of TreeHouse Foods Inc. (NYSE: THS) were trading lower by around 0.33 percent shortly after Friday's opening bell. The company offered an update on its proposed acquisition of ConAgra Foods Inc (NYSE: CAG)'s private label brand. TreeHouse announced after Thursday's market...
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How Droughts Affect The Stock Market
Monday, September 8, 2014 - 9:56am | 1068According to the most recent U.S. Drought Monitor report, drought conditions in the United States have moderated a bit recently due to some above-average summer rainfall accumulations. Yet, more than 46 percent of the contiguous U.S. is experiencing some drought conditions. The west and southwest...
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4 Kraft Divisions Ripe For Spinoff (And Some Possible Suitors)
Friday, August 29, 2014 - 1:46pm | 986BMO Capital analyst Kenneth Zaslow published a note last week suggesting Kraft (NYSE: KRFT) should consider spinning off some segments in order to unlock value. Among Zaslow's reasons, the number of "natural buyers" standing ready to acquire specific segments of Kraft’s food...
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Benzinga Weekly Preview: Geopolitical Tension Continuing To Weigh On Markets
Friday, June 20, 2014 - 4:45pm | 3249Geopolitical tension across the globe has been weighing on markets and next week will likely be no different. Tension between Russia and Ukraine continued this week as pro-Russian separatists clashed with the Ukrainian military despite efforts to create a ceasefire agreement. The White House...
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Market Wrap For June 18: Markets Rally On Fed Comments And Tapering
Wednesday, June 18, 2014 - 4:34pm | 2069U.S. stocks rose as investors and traders digested comments from the Federal Reserve. The Federal Reserve Open Committee announced that it will further taper its asset purchases by another $10 billion. The Fed is now committing towards purchasing $35 billion of assets per month. The Fed also...
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Earnings Expectations For The Week Of March 17: FedEx, Nike, Oracle And More
Sunday, March 16, 2014 - 3:52pm | 928Fiscal third-quarter results from ostensible economic bellwether FedEx (NYSE: FDX), consumer goods giant Nike (NYSE: NKE) and leading technology company Oracle (NYSE: ORCL) will be the highlights on the earnings front this week. Packaged food producers ConAgra (NYSE: CAG) and General Mills (...
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Earnings Expectations For The Week Of September 16: FedEx, Oracle and More
Sunday, September 15, 2013 - 12:17pm | 982Highlights on the earnings front this week will be the reports from FedEx (NYSE: FDX) and Oracle (NYSE: ORCL). Analysts are looking for marginal year-over-year growth of earnings and revenues from both of them. Others on deck to share quarterly results this week include General Mills (NYSE: GIS),...
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ConAgra Foods Buys Up Ralcorp for $4.95 billion
Tuesday, November 27, 2012 - 10:21am | 417ConAgra Foods (NYSE: CAG) announced it will acquire Ralcorp Holdings (NYSE: RAH), a private-label food producer, for about $4.95 billion on Tuesday. This transaction will create one of the largest packaged food companies in North America with 36,000 employees and annual sales of approximately $18...