March 23 Conagra Brands Inc, the maker
of Chef Boyardee pasta and Orville Redenbacher's popcorn,
reported a 9.9 percent drop in third-quarter net sales as it cut
down on unprofitable products and reduced discounts.
The company's net sales fell to $1.98 billion in the quarter
ended Feb. 26 from $2.20 billion a year earlier.
Net income attributable to the company fell to $179.7
million, or 41 cents per share, from $204.6 million, or 46 cents
(Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by