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RAH

Ralcorp Holding Inc.

5/23/2013, 4:17 PM ET

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Monday, January 14, 8:06 AM ConAgra (CAG) and Ralcorp (RAH) announce that they are in receipt of a no-action letter from a Canadian regulator indicating it won't challenge the upcoming merger between the two companies. Comment! [Consumer]
Friday, January 11, 8:48 AM ConAgra (CAG) and Ralcorp (RAH) announce the waiting period under the Hart-Scott-Rodino Antitrust Act has expired, moving the planned merger between the companies one step closer. 1 Comment [Consumer]
Tuesday, November 27, 2012, 12:45 PM Midday top 10 gainers: ACAD +141%. CPSL +30%. IMMR +30%. RAH +27%. TSPT +12%. BWEN +12%. CUR +12%. FOLD +10%. FONR +10%. CDTI +10%. Midday top 10 Losers: STV -11%. MMR -9%. THO -11%. RECV -10%. CBAK -9%. BLIN -12%. ENMD -8%. RGDX -8%. ARCI -8%. BV -8%. Comment!
Tuesday, November 27, 2012, 11:36 AM A broad rally in food stocks following ConAgra's purchase of Ralcorp Holdings is led by gains at Post Holdings (POST +2.7%), Annie's (BNNY +2.2%), and TreeHouse Foods (THS +2.5%). At the end of the day, Ralcorp (RAH +26.3%) investors see a big win after ConAgra bought out the company for close to the same price as a previous attempt when the Post cereal business was still part of the equation. Comment! [Consumer]
Tuesday, November 27, 2012, 9:10 AM Premarket gainers: ACAD +190%. RAH +27%. CDTI +25%. GLW +8%. VICL +7%. CROX +7%. CAG +5%. GNRC +5%.
Losers: NBG -13%. MMR -11%. FRO -6%. 1 Comment [On the Move]
Tuesday, November 27, 2012, 8:48 AM Heard on ConAgra's (CAG) conference call covering the Ralcorp Holdings (RAH) purchase: 1) The deal should close in March of 2013 pending regulatory approval. 2) The company expects $225M run rate cost savings by 4th year. 3) The deal sailed through with unanimous approval by both boards of directors. 4) The company notes the private label business is key to the synergies the deal will create by enhancing the platform in key products such as cereal and pasta. 5) Slides on the performance of private label vs. branded products highlight the faster pace of growth and potential of the market as it matures. (webcast) Comment! [Consumer]
Tuesday, November 27, 2012, 7:19 AM Ralcorp (RAH): FQ4 EPS of $0.92 beats by $0.05. Revenue of $1.07B (+8% Y/Y) in-line. (PR) Comment! [Earnings, Consumer]
Tuesday, November 27, 2012, 7:14 AM More on the ConAgra Foods (CAG) - Ralcorp Holdings (RAH) deal: The acquisition is expected to accretive for ConAgra in the first year by providing significant cost synergies, particularly in the areas of supply chain and procurement efficiencies. Financing will be derived from existing cash and credit facilities, as well as new borrowings as needed. (PR) Comment! [M&A, Consumer]
Tuesday, November 27, 2012, 7:07 AM ConAgra Foods (CAG) will buy Ralcorp Holdings (RAH) for $90 a share. The deal will create the largest packaged food company in North America. Comment! [M&A, Consumer]
Thursday, October 4, 2012, 11:23 AM Ralcorp Holdings (RAH) names Keith Meister, a former lieutenant of billionaire activist Carl Icahn, to its board. The move comes as Mr. Icahn has been pushing for change at the food maker. Comment! [Consumer]
Friday, September 28, 2012, 6:40 AM Post Holdings (POST) agrees to buy back 1.75M shares from former parent Ralcorp (RAH) at $30.50 a pop. Ralcorp is exploring selling its entire stake in Post Holdings of over 5M shares. Comment! [Consumer]
Thursday, September 27, 2012, 6:39 AM Ralcorp (RAH) announces that it will explore selling 6.8M shares of Post Holdings (POST), repping its entire stake in the food company. Comment! [Consumer]
Thursday, August 23, 2012, 9:03 AM Ralcorp (RAH +3.85%) looks set for investor agitation after hedge fund Corvex discloses that it has upped its stake in the company to 5.1% and says Ralcorp should enhance stockholder value in one of three ways: a sale, an M&A with another food company, or with a "self-help" strategy with new board directors. Ralcorp was the subject of ConAgra's advances in 2011 but rebuffed them. Comment! [On the Move, Consumer]
Wednesday, August 8, 2012, 3:46 PM Fears that the U.S. drought will drive up food prices next year are mostly unfounded, WSJ's Josh Mitchell writes, calculating the average consumer will spend only an extra $2.73/month. Food accounts for only ~14% of consumers’ daily living expenses, and given that prices for other items are falling or subdued, overall inflation likely will remain muted. (also) 9 Comments [U.S. Economy, Consumer]
Wednesday, August 8, 2012, 8:05 AM More on Ralcorp (RAH): Total sales volume up 2%, led by 29% gain in Frozen Bakery Products segment after acquisition of Refrigerated Dough. Operating profit fell 3% to $94.9M. SG&A expenses increased 5.8% Y/Y to $103.2M. (PR) Comment! [Consumer, Earnings]
Wednesday, August 8, 2012, 7:29 AM Ralcorp (RAH): FQ3 EPS of $0.60 misses by $0.02. Revenue of $1.03B (+14.5% Y/Y) in-line. (PR) Comment! [Earnings, Consumer]