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Conagra Brands Inc (CAG.N)

CAG.N on New York Stock Exchange

35.84USD
19 Oct 2018
Change (% chg)

$0.41 (+1.16%)
Prev Close
$35.43
Open
$35.71
Day's High
$36.09
Day's Low
$35.71
Volume
1,432,234
Avg. Vol
1,394,575
52-wk High
$39.42
52-wk Low
$32.82

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Thu, Sep 27 2018

Conagra results fall just short, shares down 6 percent

Sales at Conagra Brands Inc fell short of Wall Street estimates on Thursday as the packaged food company sold fewer products at full-price to restaurants and caterers, weakening profit and sending the company's shares lower.

UPDATE 3-Conagra results fall just short, shares down 6 pct

* Q1 net sales and profit miss estimates Expects to spend more on advertising in Q2 Q1 food service sales fall 6.9 pct (Adds details from conference call, CEO quote; Updates share price)

Conagra misses quarterly sales estimates

Sept 27 Packaged food company Conagra Brands Inc missed analysts' estimates for quarterly revenue on Thursday, hurt by a lower demand for its products from restaurants and other food service outlets.

Deals of the day-Mergers and acquisitions

June 27 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

Conagra to buy Pinnacle for $8.1 billion, creating frozen food powerhouse

Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the fast-growing snack and frozen food markets amid fierce competition in the packaged food industry. | Video

US STOCKS-Wall Street rally fizzles as tech stocks drag

* U.S. govt plans review panel to curb China tech investments

UPDATE 4-Conagra to buy Pinnacle for $8.1 bln, creating frozen food powerhouse

June 27 Conagra Brands Inc said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion, trying to grab a bigger share of the fast-growing snack and frozen food markets amid fierce competition in the packaged food industry.

Deals of the day-Mergers and acquisitions

June 27 The following bids, mergers, acquisitions and disposals were reported by 1130 GMT on Wednesday:

Conagra to buy Pinnacle Foods for $8.1 billion

June 27 Conagra Brands Inc, the maker of Hunt's ketchup and Marie Callender's microwave dinners, said on Wednesday it would buy Pinnacle Foods Inc for about $8.1 billion in cash and stock.

Conagra Brands is nearing a deal to buy Pinnacle Food: CNBC

Conagra Brands Inc is in advanced talks to buy Pinnacle Foods Inc in a deal that could be announced as soon as this week, CNBC reported on Tuesday, citing sources familiar with the situation.

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