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Conagra Brands Inc (CAG.N)

CAG.N on New York Stock Exchange

22.81USD
19 Mar 2019
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Latest Key Developments (Source: Significant Developments)

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

Richardson Intl to acquire U.S. cooking oil brand, Wesson, and Memphis production facility
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Conagra Brands Inc ::RICHARDSON INTERNATIONAL TO ACQUIRE A LEADING U.S. COOKING OIL BRAND, WESSON, AND MEMPHIS PRODUCTION FACILITY.RICHARDSON INTERNATIONAL LIMITED SAYS ALSO SET TO ACQUIRE WESSON PRODUCTION FACILITY LOCATED IN MEMPHIS, TENNESSEE.  Full Article

Conagra Brands enters into definitive agreement with Richardson International to divest the Wesson Oil brand
Tuesday, 18 Dec 2018 

Dec 18 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ENTERS INTO DEFINITIVE AGREEMENT WITH RICHARDSON INTERNATIONAL TO DIVEST THE WESSON OIL BRAND.CONAGRA BRANDS INC - FINANCIAL TERMS WERE NOT DISCLOSED..CONAGRA BRANDS INC - AGREEMENT INCLUDES ALL ASSETS EXCLUSIVELY RELATED TO WESSON BRAND, INCLUDING FACILITY IN MEMPHIS, TENN.  Full Article

U.S. CDC says Investigating Multistate Outbreak Of Salmonella Agbeni Infections
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - U.S. Centers for Disease Control and Prevention::CDC, PUBLIC HEALTH AND REGULATORY OFFICIALS IN SEVERAL STATES ARE INVESTIGATING A MULTISTATE OUTBREAK OF SALMONELLA AGBENI INFECTIONS.ON NOV 5, CONAGRA RECALLED 4 VARIETIES OF DUNCAN HINES CAKE MIX AFTER OFFICIALS IN OREGON IDENTIFIED SALMONELLA AGBENI IN CAKE MIX.CDC IDENTIFIED FIVE INFECTIONS WITH THE SAME STRAIN OF SALMONELLA AGBENI REPORTED FROM THREE STATES.ILLNESSES STARTED ON DATES FROM JUNE 13, 2018, TO SEPTEMBER 17, 2018; NO HOSPITALIZATIONS OR DEATHS HAVE BEEN REPORTED.  Full Article

Conagra Brands Prices Public Offering Of 16.3 Mln Common Stock At $35.25/Shr
Wednesday, 10 Oct 2018 

Oct 9 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ANNOUNCES PRICING OF PUBLIC OFFERING OF COMMON STOCK.SAYS OFFERING OF 16.3 MILLION COMMON SHARES PRICED AT $35.25PER SHARE.SAYS INTENDS TO USE NET PROCEEDS FROM OFFERING TO FINANCE, IN PART, ITS PENDING ACQUISITION OF PINNACLE FOODS INC.  Full Article

Conagra Brands Inc Says Files For Potential Mixed Shelf, Size Not Disclosed
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS INC - FILES FOR POTENTIAL MIXED SHELF, SIZE NOT DISCLOSED - SEC FILING.  Full Article

Conagra Brands Files Preliminary Prospectus Related To Offering Of $575 Mln Of Common Stock
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS - FILES PRELIMINARY PROSPECTUS SUPPLEMENT RELATED TO OFFERING OF $575 MILLION OF COMMON STOCK - SEC FILING.  Full Article

Conagra Brands Announces Public Offering Of Common Stock
Tuesday, 9 Oct 2018 

Oct 9 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS ANNOUNCES PUBLIC OFFERING OF COMMON STOCK.CONAGRA BRANDS INC - INTENDS TO USE NET PROCEEDS FROM OFFERING TO FINANCE, IN PART, ITS PENDING ACQUISITION OF PINNACLE FOODS INC.CONAGRA BRANDS - OFFERING TO SELL $575 MILLION OF COMMON STOCK THROUGH UNDERWRITTEN PUBLIC OFFERING.  Full Article

Conagra Brands Q1 Adjusted EPS $0.47 From Continuing Operations
Thursday, 27 Sep 2018 

Sept 27 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS REPORTS SOLID FIRST QUARTER RESULTS.REAFFIRMS FULL YEAR FISCAL 2019 STANDALONE GUIDANCE.Q1 ADJUSTED EARNINGS PER SHARE $0.47 FROM CONTINUING OPERATIONS.Q1 EARNINGS PER SHARE $0.45 FROM CONTINUING OPERATIONS.NET SALES FOR GROCERY & SNACKS SEGMENT INCREASED 3.4% TO $771 MILLION IN QUARTER.NOW EXPECT PINNACLE FOODS TRANSACTION TO CLOSE BY END OF OCTOBER 2018.COMPANY IS PROVIDING STANDALONE FISCAL Q2 2019 GUIDANCE.FOR Q2 2019 ORGANIC NET SALES GROWTH, EXCLUDING TRENTON, IS EXPECTED TO BE FLAT TO SLIGHTLY DOWN VERSUS PRIOR-YEAR PERIOD.CONAGRA BRANDS - QTRLY TOTAL SALES $1,834.4 MILLION VERSUS $1,804.2 MILLION.Q1 EARNINGS PER SHARE VIEW $0.49, REVENUE VIEW $1.85 BILLION -- THOMSON REUTERS I/B/E/S.NET SALES FOR REFRIGERATED & FROZEN SEGMENT INCREASED 3.2% TO $635 MILLION IN QUARTER.IN FUTURE, COMPANY EXPECTS "MODEST" DIVIDEND INCREASES.CONAGRA BRANDS - SEES Q2 REPORTED NET SALES GROWTH TO BE ABOUT 40 BASIS POINTS LOWER THAN ORGANIC NET SALES GROWTH RATE, EXCLUDING TRENTON.SEES Q2 2019 ADJUSTED DILUTED EPS IN RANGE OF $0.57 TO $0.60.Q2 EARNINGS PER SHARE VIEW $0.64 -- THOMSON REUTERS I/B/E/S.FY2019 EARNINGS PER SHARE VIEW $2.24, REVENUE VIEW $8.02 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Conagra Brands Board Approves Qtrly Dividend Payment Of $0.2125 Per Share
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS - BOARD APPROVED A QUARTERLY DIVIDEND PAYMENT OF $0.2125 PER SHARE.  Full Article

UPDATE 3-Kraft Heinz shares fall 28 pct after writedown, dividend cut

Feb 22 Kraft Heinz Co shares fell to a record low on Friday a day after the food company disclosed a $15 billion write-down on its marquee brands, raising concern that years of rigorous cost cutting have eroded the value of its Kraft cheeses and Oscar Mayer deli meats.