ConAgra Foods Inc. Layoffs

Topics regarding layoffs at ConAgra Foods Inc.

Sylvester Peanut Butter Plant

With the closing of the Sylvester PB plant where will Peter Pan Peanut Butter be made? Co-packers or is the Brand on the selling block?

Remember way back when ...

Sean started as CEO and the stock was 29 a share... wasn’t one of his cute MBA phrases “unlock hidden value”. Well looking. At the price almost 5 years later someone give him the keys to the lock.

banquet fried chicken

saw at bakers. 9.99 for 10.3 ounces? I was there when they shaved meat off with water jets. Consumers were buying fried chicken bones basically. Bones with crust on outside. The sliced off meat went into hc and mc products. CAG is toast. I... —  read more 

And one more potential lawsuit is announced

Scott+Scott Attorneys at Law LLP Investigating Conagra Brands, Inc.’s Directors and Officers for Breach of Fiduciary Duties – CAG https://finance.yahoo.com/news/scott-scott-attorneys-law-llp-144700401.html

The ConAgra Way

The Chicago Birdies are chirping again and sounds like the “consultants” are back in the building. Watch out for more zero based cost reviews... maybe they can get the old building back in Naperville cheap...

Ups and downs

This company is only good for its board members unless you can live to 150 years old waiting for gains to take over losses. Poorly run company to say the least. Their innovation is a laughing joke. Big name packaging but same basic product that has... —  read more 

Circling the Drain- Down another 12%

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 

Boulder

WARN notice filed, 100 layoffs reported Conagra Brands, Inc. 100 Boulder 05/24/19 - 3/20/20 Closure —  read more 

Just one lawsuit after another.

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 

Deja vu all over again.

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 

Workforce climate in Omaha

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 

One 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 

Here we go again!

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 

Sean is still a crook.

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 

100 down.... How many more to go??

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.

Board of Directors

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.

How low can we go??

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 

Crain's Chicago Business

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 

2918 ConAgra Winners

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!!

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.

Share Price Dropping

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 

42% drop in share value????

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%.

Lack of due diligence?

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 

Sean's Debacle.

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 

Let the slaughter begin!!!!

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 

A Plot-Both ConAgra and Lamb Weston

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.

Got to love Chicago's finances!!

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 

Another massive recall!!

2.4 million cases of Duncan Hinds cake mixes recalled!! Another brilliant purchase by a ConAgra CEO.

Brainless twits

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?

Doublespeak

“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 

Time to pay up Sean!!

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 

Worst run States

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 

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