|Bid||0.00 x 1800|
|Ask||0.00 x 800|
|Day's Range||29.23 - 30.25|
|52 Week Range||20.22 - 37.60|
|Beta (3Y Monthly)||1.31|
|PE Ratio (TTM)||19.33|
|Earnings Date||Sep 26, 2019|
|Forward Dividend & Yield||0.85 (2.84%)|
|1y Target Est||32.15|
TORONTO and CHICAGO, Sept. 18, 2019 /CNW/ - Conagra Brands, Inc. (CAG) is celebrating its 100-year anniversary in the food industry this month, a milestone enabled by the company's unwavering commitment to embrace change. "Conagra was founded 100 years ago and throughout that time we have been dedicated to providing our consumers, customers and communities with great food, great brands, great people and consistent results," said Ian Roberts , Vice President and General Manager, Conagra Brands Canada. "Although Conagra Brands is a hundred-year-old company we are an organization with a modern mindset that is focused on innovation and entrepreneurial spirit.
CHICAGO , Sept. 17, 2019 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG) is bringing more new food with modern attributes and authentic flavors to market. As the company works to accelerate growth and ...
Newell (NWL) progresses well with its Transformation Plan, which is likely to boost its operational performance and enhance shareholder value.
Kimberly-Clark (KMB) is on track with restructuring initiatives to boost savings and drive efficiency. However, rising input costs and sluggishness in the K-C Professional unit are headwinds.
Grants underscore company's involvement in Hunger Action Month CHICAGO , Sept. 16, 2019 /PRNewswire/ -- Conagra Brands, Inc. (CAG) has announced the recipients of its annual "Nourish Our Community" ...
General Mills' (GIS) Pet segment is likely to contribute to the top line in Q1. However, the North America Retail segment may remain pressurized.
Strained gross margin and higher SG&A expenses are negatively impacting Sprouts Farmers (SFM) performance. Management expects SG&A expenses for the full year to increase about 10.5% year over year.
Church & Dwight's (CHD) robust brand portfolio is boosting market share across categories. However, weakness in the Specialty Products unit is a worry.
Smucker's (SJM) buyouts, alliances and cost-saving efforts bode well. However, lower net price realization and effects of the U.S. baking business divestiture are concerns.
Flowers Foods (FLO) is benefiting from Project Centennial, impressive price/mix and focus on expansion through acquisitions. However, soft volumes and escalated costs are concerns.
The bulls were decidedly back in charge on Wednesday, pushing the S&P 500 up to the tune of 0.72%. The advance goes against the odds, but hopes for progress on the trade war front are giving rise to investing optimism.Source: Shutterstock Blue chips like AT&T (NYSE:T) and General Electric (NYSE:GE) led the charge. The telco rallied 3%, with investors increasingly loving the prospect that new activist shareholder Elliott Management will be able to impose change for the better. GE shares, meanwhile, advanced 2.4% in response to news that it would be raising $3 billion by selling its Baker Hughes (NYSE:BHGE) division and using the proceeds to pay down debt.Holding the market back more than most names was Square (NYSE:SQ), down 2.8%, renewing a selloff that got rolling early last month. The close of $59.20 was the lowest close since January.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Battered Tech Stocks to Buy Now As for names worth a closer inspection on Thursday though, take a look at the stock charts of Regions Financial (NYSE:RF), Conagra Brands (NYSE:CAG) and Paypal Holdings (NASDAQ:PYPL). They're each moving into a curious technical situation. Paypal Holdings (PYPL)July was a tough month for most stocks, and PayPal Holdings was no exception to that weakness. The stock seemingly started to bounce back in August though, hinting at a renewal of an incredible rally effort that took shape early on in the year.That rebound effort was wholeheartedly up-ended last week though, right where one would have expected a pushback to take shape. Now PYPL stock is hanging by a thread, pressuring its last support level anywhere nearby on the horizon. * Click to EnlargeThe support line in question is the 200-day moving average line, plotted in white on both stock charts. However, it's become clear there's something about the $102.23 level as well, marked in yellow. * The prod for the renewed weakness was a bump into the purple 50-day and ray 100-day moving average line, the former of which has since fallen below the latter (highlighted). * If the current technical floors fail to keep PayPal shares propped up, the next most likely line in the sand is the line that connects the key lows from 2018, marked as a dashed blue line on the weekly chart. Conagra Brands (CAG)The final quarter of last year was a tough one for most stocks, but it was downright miserable for Conagra Brands and its shareholders. Shares of the food company fell by roughly half their value in just a matter of weeks.That steep selloff may have ultimately served as a capitulation though, at a time when the company (along with the food industry as a whole) found its bearings again. The action since then suggests that at the very least stability is in the cards, and one more good day could put a full-blown rally into motion. * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * Click to EnlargeThe compelling clue here is the converging wedge pattern that's taken shape since early this year, framed by red and blue dashed lines on both stock charts. CAG stock is now above that upper boundary. * Another apparent resistance line has formed in the meantime, however. Horizontal resistance around $30.15 appears to be in play, plotted in yellow on both stock charts. * Although not overwhelmingly so, the volume behind the past four days of bullishness has been better than the recent average. It's a sign there may be buyers waiting in the wings, ready to pile in. Regions Financial (RF)Finally, in step with most other bank stocks, Regions Financial shares have soared over the course of the past three weeks. A rebound in interest rates prodded the bulk of the bounceback.This sort of thrust is enticing, suggesting a huge bullish motion is underway. And, maybe that's how this one will pan out. It's worth noting, however, that we've seen this sort of effort peter out before, right as it bumped into a technical ceiling that has been encountered just within the past few weeks. * Click to EnlargeThe technical line in question is the connector of all the key highs since April, marked as a white dashed line on both stock charts. * Although overheated and too aggressive, the fact that the purple 50-day moving average line is close to crossing back above the white 200-day moving average line is meaningful. That's a strong buy sign. * Underscoring the move that has taken shape so far is very solid volume behind the buying, though the sheer pace of the move still leaves Regions Financial vulnerable to profit-taking.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post 3 Big Stock Charts for Thursday: Regions Financial, PayPal and Conagra Brands appeared first on InvestorPlace.
Lamb Weston (LW) focuses on efficient price/mix, buyouts and capacity expansion efforts. However, rising input costs and Poor potato harvest in Europe are worries.
General Mills' (GIS) first-quarter fiscal 2020 results are likely to benefit from key global strategies, though cost inflation is a headwind.
CHICAGO, Sept. 11, 2019 /PRNewswire/ -- Today Conagra Brands, Inc. (CAG) announced that it has entered into a definitive agreement to sell its Direct Store Delivery (DSD) snacks business to Utz Quality Foods, LLC. The sale includes the Tim's® Cascade Snacks, Hawaiian® Snacks, Erin's®, Snyder® of Berlin and Husman's® brands. Conagra Brands acquired the DSD snacks business in October 2018 as part of its acquisition of Pinnacle Foods. The transaction is subject to customary closing conditions and is expected to be completed before the end of the calendar year. Financial terms were not disclosed. "We continue to reshape our portfolio and focus our resources on priorities that support Conagra's business strategy and create value for shareholders," said Sean Connolly, president and chief executive officer of Conagra Brands.
Efficient pricing policies are supporting Mondelez's (MDLZ) organic sales and gross margin growth. However, adverse currency rates and input costs are hurdles.
Conagra (CAG) plans to develop a new innovation center in Chicago, to primarily cater to product development requirements in the snacking unit.
The 40,000-square-foot space will be home to 50 Conagra employees tasked with creating new snack brands, working on everything from recipes to packaging design.
Tyson Foods (TSN) highlights potential headwinds in Q4 that are likely to dent performance. Consequently, management trims fiscal 2019 view.
Dean Foods (DF) is being hurt by rising costs of class I raw milk and receding fluid milk volumes. Nevertheless, its cost-productivity program is likely to provide some respite.