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ConAgra - I Remain Cautious Amidst Leverage, Lack Of Growth And Further Charges

2014-09-21 00:46:26| Food - Topix.net

Despite reasonable non-GAAP earnings, I shun the shares amidst a lack of growth, high leverage and a large discrepancy with GAAP earnings. Shares of ConAgra Foods jumped on the back of solid set of first-quarter earnings results, as the company is reiterated its full-year earnings outlook, thereby comforting investors.

Tags: further growth remain lack

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