ConAgra beats 1Q profit forecasts

ConAgra Foods Inc. (CAG) on Thursday reported fiscal first-quarter net income of $186.2 million, after reporting a loss in the same period a year earlier.

Markets Rally on OPEC Deal

Wall Street moved higher on Wednesday after an OPEC agreement to limit crude output fueled a rally in oil and more than offset nervousness about a tight race for the U.S. presidency.

FedEx Quarterly Profit Rises

Package delivery company FedEx on Tuesday reported a higher net profit, driven by rising revenue in its express, ground and freight business units.