Consumers are spending less, and it's impacting the food industry, says Akshay Jagdale, KeyBanc Capital Markets, in breaking down ConAgra Foods' slide.» Read More
Here is Cramer's last-minute take on ConAgra and General Maritime.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Packaged food maker ConAgra Foods posted better-than-expected third-quarter profit, as cost-cutting measures helped offset expenses from a peanut butter recall prompted by a salmonella outbreak.
Cramer's quick takes on NYSE, ConAgra and Terra Nitrogen...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Bacteria linked to contaminated peanut butter that has sickened hundreds of people has been traced to a plant owned by ConAgra Foods, where it was made, U.S. health regulators said on Thursday.
ConAgra Foods said on Thursday that tests by some states found the salmonella bacteria in peanut butter produced at its Sylvester, Georgia, plant, where its Peter Pan and Great Valuebrands are made.
ConAgra Foods will take a charge of $50 million to $60 million in the current quarter related to its peanut butter recall, the company said on Tuesday.
The affected jars are made by ConAgra in a single facility in Sylvester, Ga., the FDA said.
The barbarians are no longer at the gate -- they're in the boardroom. A growing number of companies are adding activist shareholders to their boards of directors, often times as a means of avoiding a nasty public fight. Now Home Depot appears to be embracing the trend. Consequently, investors can’t help but wonder if the the home builder is caving in or making a smart move.
Sellers outnumbered buyers on Wall Street after multiple reports signaled a slowdown in economic growth. CNBC's "Closing Bell" team sorted through the details.
All the major market indexes finished lower for the day. Volume is likely to be light on Friday ahead of the Christmas holiday.
Excluding one-time items, earnings were 40 cents a share. On that basis, analysts' average forecast was 33 cents, according to Reuters Estimates.
Top U.S. hog and pork producer. Smithfield Foods Inc. reported lower-than-expected quarterly earnings on Thursday due to a weak market for fresh meat, and shares fell sharply as a result.The Smithfield, Virginia-based company, which also is amajor beef producer and a partner in a large turkey operation,warned of higher meat prices ahead if prices for corn, animportant feed, keep increasing.