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.
I worked at CAG during the 1990 and 2000s. Most of the brands were 2nd in their category or also-rans. There were years in the early 2000s when the only reason the company was profitable was because of the commodity trading unit which is now... — read more
Thoughts? Comments? Where is this taking us?
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?
Conagra Brands Inc. CAG-0.97% stock sank 7.7% in Tuesday trading after the food company announced a downward revision to its fiscal 2020 guidance.
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.
Been hearing some former employees getting lump sum offer. On pension. I have received no offer yet. Any word on offers good or bad?
Is there going to be any reorg or ConAgra Foods Layoffs 2020? Any news or rumors?
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...
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
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
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
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
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.
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
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.
Anyone else gone through Hell dealing with the ConAgra Retiree Service Center?
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
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
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%.
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.
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
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.
If the market makes a turn soon, do you think there will be ConAgra Foods Layoffs in 2019?
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
Anyone else think the rambling posts below are all posted by one disgruntled nut job? 🤷🏼♂️
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
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
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
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
Conagra is closing Boomchickapop's Minneapolis headquarters and moving the work to its Chicago and Omaha offices. Packaged foods giant Conagra Brands Inc. bought Angie's Artisan Treats and its popular Boomchickapop popcorn brand in September for $250... — read more