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Conagra Brands Inc (CAG.N)

CAG.N on New York Stock Exchange

29.49USD
20 Nov 2019
Change (% chg)

$0.17 (+0.58%)
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Volume
923,536
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$33.74
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Latest Key Developments (Source: Significant Developments)

Soros Fund Management Dissolves Share Stake in Conagra Brands, Allergan
Friday, 15 Nov 2019 

Nov 14 (Reuters) - SOROS FUND MANAGEMENT LLC::SOROS FUND MANAGEMENT LLC REPORTS STAKE OF 1.6 MILLION CLASS A SHARES OF PELOTON INTERACTIVE INC.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN VISA INC BY 36% TO 28,749 SHARES.SOROS FUND MANAGEMENT LLC TAKES A STAKE OF 61,600 CLASS A SHARES IN TYSON FOODS INC.SOROS FUND MANAGEMENT LLC TAKES A STAKE OF 105,074 CLASS A SHARES IN BLACKSTONE GROUP INC.SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN CONAGRA BRANDS INC.SOROS FUND MANAGEMENT UPS SHARE STAKE IN NAVIENT CORPORATION BY 56.7% TO 449,043 SHARES.SOROS FUND MANAGEMENT CUTS SHARE STAKE IN D R HORTON INC BY 17.8% TO 1.35 MILLION SHARES.SOROS FUND MANAGEMENT DISSOLVES SHARE STAKE IN ALNYLAM PHARMACEUTICALS INC.SOROS FUND MANAGEMENT LLC DISSOLVES SHARE STAKE IN ALLERGAN PLC - SEC FILING.SOROS FUND MANAGEMENT LLC - CHANGE IN HOLDINGS ARE AS OF SEPTEMBER 30, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF JUNE 30, 2019.  Full Article

Conagra Brands Enters Into Definitive Agreement To Sell Direct Store Delivery Snacks Business To Utz Quality Foods
Wednesday, 11 Sep 2019 

Sept 11 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ENTERS INTO DEFINITIVE AGREEMENT TO SELL DIRECT STORE DELIVERY SNACKS BUSINESS TO UTZ QUALITY FOODS, LLC.CONAGRA BRANDS INC - FINANCIAL TERMS WERE NOT DISCLOSED..CONAGRA BRANDS INC - SALE INCLUDES TIM'S CASCADE SNACKS, HAWAIIAN SNACKS, ERIN'S, SNYDER OF BERLIN AND HUSMAN'S BRANDS.  Full Article

Conagra Reached An Agreement To Resolve Matters Relating To Remediating Pre-1951 Homes
Friday, 19 Jul 2019 

July 19 (Reuters) - Conagra Brands Inc ::CONAGRA - AS OF JULY 10, REACHED AN AGREEMENT IN PRINCIPLE TO RESOLVE CONAGRA GROCERY PRODUCTS MATTERS RELATING TO REMEDIATING PRE-1951 HOMES.CONAGRA - CONAGRA GROCERY PRODUCTS WILL PAY A TOTAL OF $101.7 MILLION IN 7 INSTALLMENTS TO BE PAID ANNUALLY FROM FISCAL 2020 THROUGH FISCAL 2026.  Full Article

Conagra Brands Announces Quarterly Dividend Payment
Thursday, 18 Jul 2019 

July 17 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ANNOUNCES QUARTERLY DIVIDEND PAYMENT.CONAGRA BRANDS INC - APPROVED A QUARTERLY DIVIDEND PAYMENT OF $0.2125 PER SHARE OF CAG COMMON STOCK TO BE PAID ON AUGUST 29, 2019.CONAGRA BRANDS INC - APPROVED A QUARTERLY DIVIDEND PAYMENT OF $0.2125 PER SHARE OF CAG COMMON STOCK TO BE PAID ON AUGUST 29, 2019.  Full Article

Gardein A Brand Of Conagra Brands Inc To Add New Items To Its Plant-Based Line-Up
Wednesday, 17 Jul 2019 

July 17 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS INC - GARDEIN IS EXPANDING ITS LINE OF MEAT-FREE DISHES, INCLUDING NEW ITEMS THAT FEATURE PEA AND WHEAT PROTEIN.  Full Article

Conagra Brands To Divest Gelit
Monday, 6 May 2019 

May 6 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ENTERS INTO DEFINITIVE AGREEMENT TO DIVEST GELIT.CONAGRA BRANDS INC - FINANCIAL TERMS WERE NOT DISCLOSED..CONAGRA BRANDS INC - TO DIVEST GELIT TO AN ITALIAN INVESTMENT COMPANY OWNED BY CONSILUM SGR S.P.A., PROGRESSIO SGR S.P.A., AND MMM S.R.L.CONAGRA BRANDS -DEAL SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND INCLUDES SALE OF CONAGRA BRANDS' ENTIRE EQUITY INTEREST IN GELIT S.R.L..CONAGRA BRANDS - REFERENCE SHAREHOLDER OF THE ITALIAN INVESTMENT CO OWNED BY CONSILUM SGR S.P.A., PROGRESSIO SGR S.P.A., & MMM S.R.L IS MASSIMO MENNA.  Full Article

Conagra Brands Sees Prelim FY20 Organic Net Sales Growth Of About 1%
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Conagra Brands Inc ::SEES PRELIM FY20 ORGANIC NET SALES GROWTH OF ABOUT 1 PERCENT - SEC FILING.SEES PRELIM FY20 ADJUSTED EPS FROM CONTINUING OPERATIONS OF $2.10-$2.20.SEES FY2022 ORGANIC NET SALES GROWTH UP 1-2 PERCENT.SEES FY2022 ADJUSTED. EPS FROM CONTINUING OPERATIONS $2.70 - $2.80.FY2020 EARNINGS PER SHARE VIEW $2.17, REVENUE VIEW $10.88 BILLION -- REFINITIV IBES DATA.  Full Article

Conagra Brands Sees To Incur Up To $360 Mln Related To Operational Expenditures Under Pinnacle Restructuring Plan
Tuesday, 2 Apr 2019 

April 2 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS - EXPECT TO INCUR UP TO $360 MILLION IN RELATION TO OPERATIONAL EXPENDITURES UNDER PINNACLE INTEGRATION RESTRUCTURING PLAN.CONAGRA - INCURRED OR EXPECT TO INCUR ABOUT $255.6 MILLION OF CHARGES FOR ACTIONS IDENTIFIED TO DATE UNDER PINNACLE INTEGRATION RESTRUCTURING PLAN.CONAGRA - EXPECT TO INCUR COSTS RELATED TO PINNACLE INTEGRATION RESTRUCTURING PLAN OVER A THREE-YEAR PERIOD.  Full Article

Conagra Brands Q3 Adjusted Earnings Per Share $0.51 From Continuing Operations
Thursday, 21 Mar 2019 

March 21 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS REPORTS THIRD QUARTER RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.51 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE $0.50 FROM CONTINUING OPERATIONS.Q3 EARNINGS PER SHARE ESTIMATE $0.49 -- REFINITIV IBES DATA.REAFFIRMING TOTAL CONAGRA FISCAL 2019 ADJUSTED EPS GUIDANCE.PINNACLE INTEGRATION ON-TRACK.PINNACLE FISCAL 2019 NET SALES IN-LINE WITH PRIOR GUIDANCE.QTRLY NET SALES $2,707.1 MILLION VERSUS $1,994.5 MILLION.REALIZED APPROXIMATELY $12 MILLION OF COST SYNERGIES FROM PINNACLE INTEGRATION IN QUARTER.Q3 REVENUE VIEW $2.75 BILLION -- REFINITIV IBES DATA.ORGANIC NET SALES GREW NEARLY TWO PERCENT DURING QUARTER.SEES 2019 ORGANIC NET SALES GROWTH (EXCLUDING. TRENTON IMPACT) APPROXIMATELY +1%.CONAGRA BRANDS - "AGGRESSIVELY APPLYING OUR PROVEN 'CONAGRA WAY' TO ADDRESS EXECUTIONAL CHALLENGES IN BIRDS EYE, DUNCAN HINES AND WISH-BONE BUSINESSES".SEES 2019 ADJUSTED. GROSS MARGIN BELOW RANGE OF PRIOR FY19 GUIDANCE.SEES 2019 ADJUSTED. OPERATING MARGIN ABOVE RANGE OF PRIOR FY19 GUIDANCE.SEES 2019 PINNACLE (INCL. PINNACLE-RELATED CORPORATE EXPENSE) REPORTED NET SALES $1.71 TO $1.73 BILLION.SEES 2019 PINNACLE (INCL. PINNACLE-RELATED CORPORATE EXPENSE) ADJUSTED. OPERATING MARGIN NEAR HIGH-END OF RANGE GIVEN IN PRIOR GUIDANCE.  Full Article

CDC Says As Of Jan. 14, Multistate Outbreak Of Salmonella Agbeni Infections Appears To Be Over
Tuesday, 15 Jan 2019 

Jan 14 (Reuters) - U.S. Centers for Disease Control and Prevention::U.S. CDC SAYS AS OF JAN. 14, MULTISTATE OUTBREAK OF SALMONELLA AGBENI INFECTIONS APPEARS TO BE OVER.U.S. CDC - COULD NOT DETERMINE IF ILL PEOPLE IN OUTBREAK OF SALMONELLA AGBENI INFECTIONS WERE LINKED TO DUNCAN HINES PRODUCED CONTAMINATED CAKE MIX.  Full Article

UPDATE 2-Conagra profit beats as Pinnacle deal integration gathers pace

Sept 26 Conagra Brands Inc beat Wall Street estimates for quarterly profit on Thursday, boosted by improved performance at recently acquired Pinnacle Foods and strong demand for the packaged food maker's frozen food brands.