|Bid||65.81 x 900|
|Ask||0.00 x 1300|
|Day's Range||66.90 - 67.14|
|52 Week Range||52.25 - 70.51|
|PE Ratio (TTM)||13.32|
|Earnings Date||Oct 24, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||1.30 (1.92%)|
|1y Target Est||68.75|
Short interest is extremely low for PF with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PF. Over the last month, growth of ETFs holding PF is favorable, with net inflows of $6.87 billion.
CHICAGO and PARSIPPANY, N.J., Sept. 13, 2018 /PRNewswire/ -- Conagra Brands, Inc. (CAG) and Pinnacle Foods Inc. (PF) today announced that a special meeting of Pinnacle Foods shareholders has been scheduled for Oct. 23, 2018. At the special meeting, Pinnacle's shareholders will be asked to consider and vote on a proposal to approve Conagra Brands' acquisition of Pinnacle Foods. The parties now expect the transaction to close by the end of October 2018, subject to the satisfaction of all conditions in the merger agreement, including the approval of Pinnacle's shareholders. The definitive agreement between the parties was announced on June 27, 2018.
Short interest is extremely low for PF with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PF. ETFs that hold PF had net inflows of $2.73 billion over the last one-month.
Pinnacle Foods (PF) delivers robust in-market performance, courtesy of yielding buyouts and innovations. This along with other initiatives led management to provide an encouraging view for 2018.
CHICAGO and PARSIPPANY, N.J., Aug. 27, 2018 /PRNewswire/ -- Conagra Brands, Inc. (CAG) and Pinnacle Foods Inc. (PF) today announced that they have received a "no-action letter" from the Canadian Competition Bureau confirming that the Commissioner of Competition does not intend to challenge Conagra Brands' acquisition of Pinnacle Foods. The receipt of the "no-action letter" satisfies one of the conditions necessary for completion of this transaction. The transaction is expected to close by the end of calendar year 2018, and is subject to other customary closing conditions.
Short interest is extremely low for PF with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting PF. ETFs that hold PF had net inflows of $2.69 billion over the last one-month.
CHICAGO and PARSIPPANY, N.J., Aug. 23, 2018 /PRNewswire/ -- Conagra Brands, Inc. (CAG) and Pinnacle Foods Inc. (PF) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the previously announced acquisition of Pinnacle Foods by Conagra Brands. Additional information about the transaction can also be found at www.conagraandpinnacle.transactionannouncement.com. Conagra Brands, Inc. (CAG), headquartered in Chicago, is one of North America's leading branded food companies.
PARSIPPANY, N.J., Aug. 22, 2018-- Pinnacle Foods Inc. announced today that its Board of Directors has declared a quarterly cash dividend of $0.325 per share, payable on October 15, 2018 to all common stockholders ...
Wolf Popper LLP has filed a class action lawsuit against Pinnacle Foods Inc. (PF) and members of its Board, in the U.S. District Court for the District of Jersey (2:18-cv-12501), on behalf of current public stockholders of Pinnacle, seeking to enjoin the consummation of a proposed transaction, or, in the event it is consummated, to recover damages resulting from defendants’ wrongdoing. This action alleges claims for violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934. The action stems from a proposed transaction announced on June 27, 2018, pursuant to which Pinnacle will be acquired by Conagra Brands, Inc. Under the terms of the deal, Pinnacle shareholders will receive $43.11 per share in cash and 0.6494 shares of Conagra common stock for each share of Pinnacle held.
Gainey McKenna & Egleston announces that a class action lawsuit has been filed against Pinnacle Foods Inc. (“Pinnacle” or the “Company”) (PF) and its board of directors (the “Board”), on behalf of a class consisting of all public stockholders of Pinnacle who have been harmed by Pinnacle in connection with alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “1934 Act”). The class action stems from the proposed sale of Pinnacle to Conagra Brands, Inc. (CAG) (“the Proposed Transaction”). The Complaint alleges that on June 27, 2018, the Company’s Board of Directors (the “Board” or the “Individual Defendants”) caused the Company to enter into an Agreement and Plan of Merger (the “Merger Agreement”) with Merger Sub.
Kraft Heinz said that it does not want its short-term gains from mergers and acquisitions to turn into long-term headaches, as signs point to the food giant's waning interest in Campbell Soup.
The boys from Brazil’s 3G Capital had a simple idea. They would buy established brands, cut costs through zero-based budgeting, then buy more. At the heart of this plan, with the blessings of Warren Buffett, was Kraft Heinz (NYSE:KHC), which they created through a 2015 merger.
NEW YORK , Aug. 2, 2018 /PRNewswire/ -- Education Realty Trust, Inc. (EDR) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of ...
Kraft Heinz passed on the opportunity to bid on Pinnacle Foods in a recent sale of the company, sources tell CNBC. Its disinterest in Pinnacle may have implications for its potential interest in Campbell, should the soup giant put itself up for sale. Kraft Heinz KHC recently passed on the opportunity to bid on Pinnacle Foods , a move that may shed light on its interest in Campbell Soup CPB , sources familiar with the situation tell CNBC.
Pinnacle Foods (PF) delivered earnings and revenue surprises of 0.00% and -1.04%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Parsippany, New Jersey-based company said it had profit of 47 cents. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, were 59 cents per ...
PARSIPPANY, N.J., Aug. 02, 2018-- Pinnacle Foods Inc. today reported its financial results for the second quarter ended July 1, 2018 and reaffirmed its guidance for Adjusted diluted earnings per share ...
While changing consumer preferences and rising costs are a worry, food companies manage to stay afloat on the back of well-chalked saving and portfolio-expansion efforts.