* Shares up 1.7 pct (Adds context, quotes from the earnings call, and updates share price)
months under his belt at the helm of ConAgra , CEO Sean Connolly took little time ..... citing executional challenges in ConAgra 's private-label business, combined ..... times trailing adjusted EBITDA) ConAgra paid less than three years ago
June 30 (Reuters) - ConAgra Foods Inc , the maker of Slim Jim beef jerky and Chef Boyardee pasta, said it would exit its struggling private label foods business and reported a 3.7 percent rise in quarterly sales.
I was surprised to see ConAgra ( CAG ) up ten percent today. It appears the reason is the 7.2% stake taken by Jana Partners LLC, and who may attempt a proxy battle
ConAgra is trading higher after market, following ..... highlighted, JANA cited executional challenges in ConAgra 's private-label business, combined with the ..... end of our 10-year explicit forecast. ConAgra is at a greater disadvantage than peers as
June 18 (Reuters) - Activist hedge fund Jana Partners LLC took a stake in ConAgra Foods Inc and said it was prepared to nominate directors to the company's board to help address "persistent...
June 18 (Reuters) - Activist hedge fund Jana Partners LLC on Thursday disclosed a 7.2 percent stake in ConAgra Foods Inc , saying the Slim Jim Beef Jerky maker's shares were "undervalued".
* U.S. says more than 700 sickened by salmonella taint (Adds details of allegations, ConAgra comment, separate prosecution, byline)
May 20 (Reuters) - A unit of ConAgra Foods Inc has pleaded guilty to a criminal misdemeanor and will pay $11.2 million to end a federal probe into a 2007 recall of peanut butter linked to a salmonella outbreak, court papers showed.
boost its own growth prospects, ConAgra announced the acquisition of Blake ..... regulated). Overall, we still maintain ConAgra ’s product mix, which includes a ..... but we question the timing, as ConAgra continues to face an onslaught of