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ConAgra Brands Inc (CAG)

Closing Price Change:
$0.07
Closing Price:
$27.92
Market Cap:
$13,572m

US pre-open: Positive economic data buoys stocks

27 Jun 13

LONDON (ShareCast) - The main US equity averages are now being called to start the day with moderately strong gains following the release of upbeat economic indicators, before the start of the session, and ahead of speeches by at least two Fed policymakers - later in the day.

Shares of Conagra Foods are gaining after the company unveiled a better than expected quarterly numbers.

Initial weekly US unemployment claims fell by 9,000 to 346,000 (Consensus: 345,000).

Personal incomes rose by 0.5% month-on-month (Consensus: 0.2%) in May, while spending came in as forecast, gaining 0.3% month-on-month.

The latest set of pending home sales data are slated for release at 15:00.

Front month West Texas crude futures increased by 0.45% to the 95.96 dollar per barrel level on the NYMEX.

10 year US Treasury yields are now down by 4 basis points to the 2.49% mark.

AB

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are end of day values only.

 

Market Data

Currency US Dollars
52 Week High $35.07
52 Week Low $24.14
Shares Issued 486.09m
Market Cap $13,572m

Dividends

No dividends found