Ratings agency Standard & Poor’s has cut its ratings on debt for ConAgra Foods Inc. (NYSE: CAG) from BBB to BBB- following the company’s announcement that it would finance its ... Read Full Story »
ConAgra Foods Inc. (NYSE: CAG) reported second-quarter fiscal 2013 results before markets opened this morning. The food processor and packager reported adjusted diluted earnings per share (EPS) of $0.57 on ... Read Full Story »
U.S. equity markets opened lower again this morning, even following an agreement on the amount and delivery date of another eurozone bailout package for Greece (more coverage here). The lack ... Read Full Story »
The stock market is down Tuesday, with the Dow Jones Industrial Average down 0.24%, the Nasdaq down 0.26% and the S&P 500 down 0.23%. Today's winners include a pharmaceutical firm ... Read Full Story »
In September of 2011, ConAgra Foods Inc. (NYSE: CAG) withdrew its $5.2 billion bid to acquire packaged foods competitor Ralcorp Holdings Co. (NYSE: RAH). This morning the companies announced a ... Read Full Story »
U.S. equity markets opened lower this morning as traders and investors return from a long holiday weekend. In Asia, the Bank of Japan released minutes of its last meeting, which ... Read Full Story »
Investors do not seem impressed after Ralcorp Holdings Inc. (NYSE: RAH) said this morning that acquisitions helped boost its fiscal third-quarter profit. Shares are down slightly in early trading. The ... Read Full Story »
General Mills Inc. (NYSE: GIS) reported fourth quarter and full fiscal year earnings this morning, posting mixed results and offering an outlook for the 2013 fiscal year that came in ... Read Full Story »
Ralcorp’s (NYSE:RAH) board of directors unanimously rejected the latest merger proposal from ConAgra Foods (NYSE: CAG), saying the $5.18 billion unsolicited bid was not in the best interest of the ... Read Full Story »
Our daily look at credit and debt ratings actions has to lead off with the news that Moody's has lowered its ratings on Bank of America Corp. (NYSE: BAC), Wells ... Read Full Story »
Food processing giant ConAgra Foods, Inc. (NYSE: CAG) reported first quarter 2012 earnings before the markets opened this morning. Even after lowering expectations for EPS from $0.36 to $0.31, analysts ... Read Full Story »
Billionaire and hedge fund manager John Paulson of Paulson & Co. and of Paulson Management is a widely followed equity hedge fund manager for whale watchers. He has made ... Read Full Story »
There are many things happening this week that are either fresh events or which are follow-on events from last week. We have already compiled an earnings calendar with detailed previews ... Read Full Story »
Time Warner (NYSE: TWC) to buy Insight Communications from Carlyle for $3 billion. (Reuters) Electronic Arts (NASDAQ: ERTS) expects holiday sales to be strong. (Reuters) Security experts say hackers may ... Read Full Story »
When Kraft Foods Inc. (NYSE: KFT) announced its deal to acquire Britain's Cadbury in May 2010, investor Warren Buffett proclaimed it a "dumb" deal and promptly cut his holdings in ... Read Full Story »