Shares of ConAgra Foods (CAG +7.7%) race higher after the company records an earning triple play...

|About: ConAgra Brands, Inc. (CAG)|By:, SA News Editor

Shares of ConAgra Foods (CAG +7.7%) race higher after the company records an earning triple play by beating on both lines and upping its guidance with management successfully managing a higher food inflation environment via hedges and product innovation. If there is such a thing as a quadruple play, the company achieved that as well by hiking its dividend to an annualized rate of $1.00 per share.