Wednesday, April 7, 2010 as of 11:14 AM ET
ConAgra Foods, Inc. () is an American packaged foods company headquartered in Omaha, Nebraska. ConAgra makes and sells products under various brand names that are available in supermarkets, as well as restaurants and food service establishments.
Read More at Wikipedia ›General Mills Inc.
(GIS) is cutting 850 jobs as part of a restructuring plan, with savings going toward ramping up the creation of new products and other strategies to try to spark growth in a packaged-food industry starving for some.The job cuts amount to about 2.4% of General Mills' global workforce of 35,000. Administrative and support positions will be most affected, General Mills spokeswoman Kirstie Foster said, and roughly half of the cuts will be in Minneapolis, where General Mills is based.The restructuring will create "meaningful" cost savings in fiscal 2013, Foster said, but did not provide the annual amount.General Mills--maker of brands like Cheerios cereal, Yoplait yogurt and Betty Crocker baking products--and other food makers are struggling to find growth in a packaged food industry where consumers are visiting supermarkets less and buying fewer products when they do.The challenges are particularly acute in the center-store supermarket aisles, where several companies, in...DOW JONES NEWSWIRESConAgra Foods Inc.'s (CAG) fiscal third-quarter earnings rose 26% as the packaged-food company's price increases helped boost sales and margins, d...
ConAgra Foods inc. said Thursday its third-quarter profit rose to $271.6 million, or 65 cents a share, from $214.8 million, or 50 cents a share, in the year-ago peri...
Food companies are reaching for the snack bowl.Facing stagnant growth in their base grocery business, packaged-food companies are increasingly turning to snacks as a...
BOCA RATON, Florida -( Dow Jones )- ConAgra Foods Inc. (CAG) is trying to grow its snacking and frozen foods businesses as it tries to capitalize on food shoppers' g...
It turns out that breaking up is not all that hard to do -- at least for corporate America. And for some investors, breakups bring blissful returns. They buy up piec...
DOW JONES NEWSWIRESRalcorp Holdings Inc.'s (RAH) fiscal first-quarter earnings fell 8.4% as mark-to-market losses on economic hedges and other charges weighed on the...
Gavilon LLC, a big U.S. grain trader, has hired Morgan Stanley (MS) as an adviser as it explores strategic alternatives, according to a person familiar with the situ...
GAMCO Investors CEO Mario Gabelli on the stocks and sectors investors should consider for their portfolios.
SmartMoney.com Associate Editor Jack Hough on the rising prices for food company stocks as their popularity grows as a safe haven.
Authors David Zinczenko and Matt Goulding on Tuesday revealed their list of the "20 Worst Supermarket Foods in America" from the new edition of their book "Eat This,...
ConAgra Foods (NYSE:CAG) revealed a stronger second-quarter profit on a sharp increase in commercial foods sales, however it warned it remains cautious about busines...
ConAgra Foods Inc., the Omaha foods producer, reported that fiscal second-quarter net income fell 15% on 8.1% higher sales. For the quarter ended Nov. 27, earnings w...
A 9% rally in Apple (NASDAQ:AAPL) shares on stronger-than-expected quarterly earnings sent the tech-heavy Nasdaq up more than 2% yesterday, marking its best day of t...
Kellogg Co. (K) cut its 2012 sales and earnings outlook after a weak start to the year, with soft sales volume in the U.S. and lackluster results in Europe.Kellogg's...
ConAgra Foods Inc. (CAG) has agreed to buy Odom's Tennessee Pride, the second-largest maker of frozen breakfast sandwiches in the U.S., for an undisclosed amount, co...
FBN's Cheryl Casone breaks down ConAgra's stock performance.
ConAgra Foods Inc. (CAG) remains cautious about near-term results, especially as it now raises prices on bargain Banquet frozen meals and other value-oriented produc...
ConAgra (NYSE:CAG) revealed stronger third-quarter earnings on Thursday that beat Wall Street expectations, and backed its fiscal year forecast.The industry has face...
ConAgra Foods Inc.'s (CAG) fiscal third-quarter earnings rose 26%, helped by lower taxes and cost savings, but sales, excluding an acquisition, were flat in its cons...
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