ADVFN - Advanced Financial Network.
HOME» NYSE » C » CAG Stock Price » CAG Stock News

Conagra Food Share News

 Conagra Foods, Inc. Stock Price
CAG Stock Price
 Conagra Foods, Inc. Stock Chart
CAG Stock Chart
 Conagra Foods, Inc. Stock News
CAG Stock News
 Conagra Foods, Inc. Company Information
CAG Company Information
 Conagra Foods, Inc. Stock Trades
CAG Stock Trades

ConAgra To Acquire Del Monte Canada For Undisclosed Amount

DOW JONES NEWSWIRES ConAgra Foods Inc. (CAG) agreed to acquire Del Monte Canada Inc. from an affiliate of private equity firm Sun Capital Partners Inc., as the packaged food company looks to grow its core businesses and improve its international presence. Financial terms weren't disclosed. The deal includes the acquisition of all Del Monte branded packaged fruit, fruit snacks and vegatable products in Canada as well as Aylmer tomato products. Chief Executive Gary Rodkin said the deal will also help the company grow its position in North American tomato products, expand its vegetable product line and add packaged fruit and fruit snacks to its portfolio. Del Monte Canada had about $150 million in revenue in fiscal 2011. ConAgra is hoping to make a bigger splash in the private-label arena, where it sees more growth potential. After failing to acquire Ralcorp Holdings Inc. (RAH), a large private-label company that makes ready-to-eat food and snacks, ConAgra is hunting for acquisitions in the space. It recently bought a private-label pretzel maker for $300 million. Last month, ConAgra said fiscal second-quarter earnings fell 14% after being hit with hedging losses, and said its consumer-foods unit was hurt by rising commodities costs. Shares rose by 9 cents to $26.94 in recent trading. The stock is up 17% in the past 12 months. -By Nathalie Tadena, Dow Jones Newswires; 212-416-3287;

Stock News for Conagra Food (CAG)
04/20/201516:33:18Current Report Filing (8-k)
04/20/201516:31:57Current Report Filing (8-k)
04/13/201516:38:17Statement of Changes in Beneficial Ownership (4)
04/13/201504:58:57Taking A Financial Mulligan With Dividend Investing
04/09/201518:06:15Statement of Changes in Beneficial Ownership (4)
04/09/201516:31:09Statement of Changes in Beneficial Ownership (4)
04/07/201519:04:16Initial Statement of Beneficial Ownership (3)
04/07/201516:38:51Statement of Changes in Beneficial Ownership (4)
04/03/201514:30:53Statement of Changes in Beneficial Ownership (4)
04/03/201510:58:34Statement of Changes in Beneficial Ownership (4)
04/02/201509:10:11ConAgra Foods declares $0.25 dividend
04/02/201508:30:00ConAgra Foods Announces Dividend Payment
04/02/201508:03:00Kids Set out to ‘Make Their Mark’ on Child Hunger During Nat...
04/01/201516:53:59Statement of Changes in Beneficial Ownership (4)
04/01/201516:48:38Statement of Changes in Beneficial Ownership (4)
03/31/201512:32:00New Research Indicates Ounce for Ounce, Frozen Meals Provide...
03/31/201504:26:03Significant Earnings Growth Await ConAgra As Stock Earns Bullish...
03/30/201512:24:51Quarterly Report (10-q)
03/30/201503:37:50ConAgra Foods - Struggles Continue With No Quick Fix In Sight
03/29/201517:07:08Don't Over Think It: Buy Microsoft

Conagra Food and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations