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What to Expect When ConAgra Foods (CAG) Posts Earnings Tuesday
2015-06-29 23:49:57| Food - Topix.net
Wall Street is expecting ConAgra to earn 59 cents per share on revenue of $4.135 billion for the fourth quarter, according to analysts polled by Thomson Reuters. In the same quarter of last year, the company earned 55 cents per share on sales of $4.44 billion.
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ConAgra Foods (CAG) Stock May Gain Following JPMorgan Upgrade
2015-06-22 20:28:50| Food - Topix.net
The firm raised its rating on ConAgra to "overweight" from "neutral" citing an attractive risk/reward profile following the activist stake by JANA Partners. JPMorgan also hiked its price target for shares to $52 from $39, saying it is confident the company will undergo changes.
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Activist Alert: Is ConAgra Foods Inc. (CAG) A Good Stock To Buy Right Now?
2015-06-19 02:31:34| Food - Topix.net
Is ConAgra Foods, Inc. a good stock to buy right now? Activist investor Barry Rosenstein's Jana Partners revealed a 7.3% stake in the company earlier today. Jana Partners purchased nearly 31 million shares equivalent for a total sum of $540 million.
ConAgra Foods to invest $50m in Iowa plant
2015-05-22 01:00:00| Food Processing Technology
ConAgra Foods is planning to invest $50m to expand its plant located in the Waterloo MidPort Industrial Park in Iowa.
ConAgra Foods acquires natural & organic frozen meal maker Blake's All Natural Foods
2015-05-13 13:21:25| Food - Topix.net
One of the fastest growing brands in the natural and organic single serve frozen meals category - which grew by more than 33% between 2011 and 2015 driven by brands such as Amy's, Saffron Road, Blake's, and EVOL Foods - Blake's products include pot pies, casseroles, pasta dishes and other entrees. ConAgra Foods CEO Sean Connolly said Blake's - which employs around 60 staff - would continue to be run from Concord, New Hampshire, while Blake's president and CEO Chris Licata would stay at the helm.
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organic
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