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ConAgra Foods, Inc. (CAG)

- NYSE
  • Jun. 19, 2012, 7:05 PM
    ConAgra Foods (CAG) releases a statement in response to a class action lawsuit that calls into question the kosher status of its Hebrew National products. The company says the lawsuit is without merit. Its Hebrew National products are kosher, and have been subjected to close rabbinical supervision of the preparation and packaging process for over 100 years.
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  • Jun. 18, 2012, 9:08 AM
    Ralcorp (RAH) announces the acquisition of frozen meal maker Gelit for an undisclosed amount. The company anticipates that the deal will add $0.05 to GAAP accretion and $0.07 of cash accretion to EPS over the course of the first year following the closing of the transaction.
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  • May. 23, 2012, 10:34 AM
    Shares of Ralcorp (RAH) move down 5.1% after the firm's twice-delayed FQ2 report finally gets released. The company missed the consensus EPS estimate of analysts, reporting $0.72 vs. $0.85, while knocking out in-line sales of $1.06B that marked a 16% Y/Y gain. In a separate announcement, Ralcorp says it snapped up privately-held Petri Baking Products for an undisclosed amount.
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  • May. 22, 2012, 3:13 PM
    ConAgra Foods (CAG +0.3%) acquires Kangaroo Brands' pita chip business for an undisclosed sum. The company says the acquisition is a good fit in its strategy for growing its presence in private label foods.
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  • May. 22, 2012, 11:57 AM
    Ralcorp (RAH -0.1%) says it will report FQ2 earnings after the market closes today after twice delaying its report.
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  • May. 16, 2012, 2:21 AM
    Ralcorp (RAH) announced late yesterday that it will further delay its FQ2 earnings report "in order to conclude both the internal and external in-depth reviews associated with its previously announced financial restatements." A new release date will be announced at some point.
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  • May. 7, 2012, 10:23 AM
    Ralcorp (RAH -0.7%) will restate its FY 2011 and FQ1 2012 results to account for an extra charge of $54M in FQ4 associated with the Post brand cereal ops that were spun-off to Ralcorp's shareholders in February. Shares -0.7%. (PR)
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  • Apr. 18, 2012, 7:00 AM
    ConAgra Foods (CAG) acquires Odom's Tennessee Price for an undisclosed amount in a deal expected to close within 45 days. The company says the transaction will add to its frozen breakfast portfolio.
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  • Mar. 22, 2012, 8:32 AM
    More on ConAgra Foods (CAG) FQ3: net income +26% to $271.6M, boosted by price increases and cost savings. However, "conditions have been difficult..due to high inflation and soft volumes for retail consumer food brands," ConAgra says. It continues to expect low FY 2012 EPS growth, and it forecasts operating cash flow of $1.3B. (PR)
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  • Mar. 22, 2012, 7:40 AM
    ConAgra Foods (CAG): FQ3 EPS of $0.51 beats by $0.02. Revenue of $3.37B (+7.4% Y/Y) in-line. (PR)
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  • Mar. 22, 2012, 12:05 AM
    Notable earnings before Thursday's open: CAG, DG, FDX, GME, IHS, LULU, SIG, UTIW
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  • Mar. 21, 2012, 5:30 PM
    Notable earnings before Thursday's open: CAG, DG, FDX, GME, IHS, LULU, SIG, UTIW
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  • Mar. 6, 2012, 9:42 AM
    Consumer staples companies face a squeeze as both consumers and major customer Wal-Mart (WMT) have had enough of higher prices. Trading at 16X earnings vs. the S&P 500 at 12.8X, "(Staples) companies are going to have to get back to basics and not raise prices much," says Jones' Jack Russo.
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  • Jan. 30, 2012, 6:58 PM
    S&P announces some changes to its indexes: Post Holdings (POST, when issued) is replacing Comstock Resources (CRK) in the S&P MidCap 400 index, and Comstock will replace THQ (THQI) in the S&P SmallCap 600 index effective at the close of trading on Friday, Feb. 3. Ralcorp (RAH) is spinning off Post, which is expected to be completed on or about that date, pending final approvals.
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  • Jan. 17, 2012, 3:29 PM
    "The most confused brand in America" becomes a little more confusing after Del Monte Canada is bought by ConAgra (CAG +0.4%) from Sun Capital Partners for an undisclosed sum. Del Monte Canada owns the rights to slap the Del Monte label on canned peaches and Chef Boyardee, but it's separate from Del Monte Foods (KKR), Fresh Del Monte (FDP) and still other iterations.
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  • Jan. 17, 2012, 9:28 AM
    Ralcorp's (RAH) board clears its plan to separate its Post Foods subsidiary and will distribute at least 80% of the unit's shares to holders. Shares of Post, which produces branded cereals, private-label foods for various retailers, and frozen baked goods for stores, restaurants and food-service firms, will trade under the symbol POST.
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Company Description
ConAgra Foods Inc is a packaged foods company. It sells its products through grocery, convenience, mass merchandise, club, and drug stores.