Conagra shares were down nearly 12% at $25.57 in late morning trading on the New York Stock Exchange after the Chicago-based company posted fiscal fourth-quarter adjusted net income of $175 million, or 36 cents a share, vs. $196 million, or 50 cents... — read more
Topics regarding layoffs at ConAgra Foods Inc.
It is doubtless a positive to see that the Conagra Brands, Inc. (NYSE:CAG) share price has gained some 30% in the last three months. But that cannot eclipse the less-than-impressive returns over the last three years. In fact, the share price is down... — read more
WARN notice filed, 100 layoffs reported Conagra Brands, Inc. 100 Boulder 05/24/19 - 3/20/20 Closure — read more
Conagra Brands Inc.'s directors misled investors about how well Pinnacle Foods Inc. was doing before the two companies merged in 2018, a May 9 shareholder derivative suit says. The packaged food company hid its alleged due diligence failures from... — read more
The Houston Municipal Employees Pension System has filed a securities class action lawsuit against Conagra Brands, claiming the food processing company knowingly misled investors about the benefits of its $10.9 billion Pinnacle Foods acquisition... — read more
Does anyone else think it is hypocritical of Mindy Simon to tell a workforce panel that Omaha has to have a "vibe" and match the demographics of the community to keep talent? Especially after she orchestrated the outsourcing and workforce reduction... — read more
SAN FRANCISCO--(BUSINESS WIRE)--Apr 4, 2019--The law firm of Lieff Cabraser Heimann & Bernstein, LLP announces that class action litigation has been filed on behalf of investors who purchased or otherwise acquired the securities of Conagra Brands... — read more
Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Conagra Brands, Inc.CAG, +0.00% from June 27, 2018 through December 19, 2018, inclusive (the “Class... — read more
Federman & Sherwood announces that on February 22, 2019, a class action lawsuit was filed in the United States District Court for the Northern District of Illinois against Conagra Brands, Inc. (NYSE: CAG). The complaint alleges violations of federal... — read more
About 100 people working at Pinnacle Foods, Inc. in Boulder are being laid off by the parent company Conagra Brands, Inc., which acquired Pinnacle for more than $10 billion last year.
It is inconceivable to me how a competent Board of Directors could continue to support a CEO like Connally who, through his decisions, has driven the stock to lose almost half its value in 52 weeks.
It has been about a month since the last earnings report for Conagra Brands. Shares have lost about 11.2% in that time frame, underperforming the S&P 500. — read more
And there is no reason to believe it will rebound. https://www.fool.com/investing/2018/12/30/why-conagra-brands-has-turned-into-a-terrible-inve.aspx — read more
Conagra Brands. We’ll find out this year if Sean Connolly really has solved the growth challenge confounding packaged-foods CEOs around the world. Chicago-based Conagra’s CEO won applause early last year when he managed to coax 3 percent growth (yes... — read more
Só who are the real winners in regards to ConAgra in 2018. It certainly is not any regular investors in ConAgra stock. Nor the employees. They got hosed. And will continue to be hosed this year. Hint: it is the people who remarkably sold massive... — read more
Happy New Year to all Ex-Cons (and soon to be Ex-Cons). Happy New Year even to those Trolls who seem to think everything is still wonderful at ConAgra.
Apparently the previous poster is living under a rock and is unaware that the ENTIRE STOCK MARKET is tanking, not just his little fishbowl world. MANY companies are down 50% in the past 3-6 months and some are big names. Amazon itself has been... — read more
It has only been a week since Conagra Brands, Inc. CAG released its second-quarter fiscal 2019 results, and its shares have already plummeted 26.3%. In fact, the stock has lost close to 42% this year, wider than the industry’s decline of 22%.
Conagra told analysts that Pinnacle's challenges are "largely self-inflicted due to subpar innovation and executional missteps." Another words Sean really made a BIG mistake!!! — read more
Shares of Conagra Foods nosedived 17 percent Thursday, hitting a 52-week low, after the company missed revenue estimates. The company's stock is down 35 percent so far this year. Great job, Sean. — read more
500 people kicked to the door by Sean. https://www.nj.com//business/2018/12/500-nj-workers-face-layoffs-as-maker-of-healthy-choice-hunts-closes-2-facilities.html — read more
Anyone else gone through Hell dealing with the ConAgra Retiree Service Center?
Shares of Conagra Brands, Inc. ( CAG ) continue to see considerable weakness in afternoon trading on Wednesday after coming under pressure early in the session. After hitting its lowest intraday level in over a year, Conagra is currently down by 7.1... — read more
They make full automation project. They claim more production. Actually they did rough poor work. So they push to make more. They just want to polish their balance book.
Chicago residents, meanwhile, owe an average tax burden of $36,000. That’s due to the Windy City’s liabilities of $42 billion, compared to just $9.5 billion in assets. Chicago, too, defers recognizing gains from OPEB assumptions, which leads to the... — read more
2.4 million cases of Duncan Hinds cake mixes recalled!! Another brilliant purchase by a ConAgra CEO.
The longer I work at ConAgra the more I have come to detest working with the young and brainless twits Sean and company are hiring. They can't even write a coherent e-mail or memo. Where do these id--ts come from?
And California is just the beginning!! And what will Sean do? http://www.forbes.com/sites/legalnewsline/2018/10/31/attack-on-paint-industry-spreads-to-pennsylvania-sherwin-williams-asks-judge-for-help/ Attack On Paint Industry Spreads To... — read more
If the market makes a turn soon, do you think there will be ConAgra Foods Layoffs in 2019?
“For our company, we’re going to be focused on integrating this very well, focused on paying down debt and deleveraging," Connolly said earlier this month. “ Sean Connolly. Translation: Here come more layoffs. — read more
The Supreme Court on Monday dealt a defeat to business groups in a closely watched California case, rejecting appeals of a ruling that requires former makers of lead paint to pay $400 million or more to clean up old homes. Business lawyers said they... — read more
According to the Mercatus Center at George Mason University the worst-run states are, in order starting from the bottom: Illinois, Connecticut, New Jersey, Massachusetts, and Kentucky. The five best-run states are, in order: Nebraska, South Dakota... — read more
Conagra shares tumble 6 percent on earnings miss
Another terrible day to be an employee. They announced more outsourcing. This time it is the customer service folks. They keep cutting in Omaha and there won’t be much left. People are walking around worried about who is next.
“The industry is not creating big ideas like it used to,” said Gary Stibel, founder and chief executive of New England Consulting Group. “There are line extensions du jour, but there are no major new innovations. In terms of advertising messaging... — read more
Chicago’s unfunded pension liability has actually dropped to just $28 billion, after hitting $35 billion in 2017. Great move Sean. — read more
Anyone else think the rambling posts below are all posted by one disgruntled nut job? 🤷🏼♂️
Pinnacle Foods Inc. (PF) Buyer: Conagra Brands, Inc. (CAG) Pursuant to the proposed transaction, announced on June 27, 2018 and valued at approximately $10.9 billion, Pinnacle Foods stockholders will receive $43.11 and 0.6494 shares of Conagra common... — read more
NEW YORK, July 09, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following,Pinnacle Foods Inc. (PF)... — read more
Sean intentionally diluted stock value to purchase pinnacle. Stole the crisp stock from the employee benefit when ethically it wasn't his to take. This guy is a thief without morals. The investors are s---ers that will get undermined in the future... — read more