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ConAgra Brands Inc (CAG)

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

Latest ShareCast News

Greece has officially defaulted on its €1.6bn debt repayment to the IMF, making it the first ever developed economy not to pay back the IMF, The Telegraph reports.

Wall Street closed nearly 100 points higher and the S&P 500 hit another record after the Federal Reserve signalled interest rates may rise slightly faster from 2015, but held out the prospect of lower longer-term rates than previously forecast.

Dow and S&P retreat from record highs; Most economic data beats forecasts; JPMorgan, banks weigh on markets.

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.

Policymakers in the States still remained divided over their views on easy money policies, writes USA Today. Citing the earlier-than-expected minutes from the latest meeting of the Federal Open Market Committee, the paper reports some members wanted to move faster towards ending quantitative easing on concerns over “financial imbalances”.

Canadian aircraft builder Bombardier Inc. Tuesday signed its largest-ever deal, potentially worth more than 7.8 billion dollars, with VistaJet, a privately owned corporate-jet charter company. The agreement—which eclipses the recent 7.3 billion-dollar one between Bombardier and NetJets, the business jet charter unit of Warren Buffett's Berkshire Hathaway Inc. — includes firm orders for 56 of Bombardier's Global jets and options for a further 86. The firm order alone is worth about 3.1 billion dollars. [The Wall Street Journal]

-Dow Jones Transports drops 2.64%

Food company ConAgra served up an extra helping of profit in its fiscal first quarter.

US broker round-up

04 Sep 12

Apple, Conagra, CSX, Gamestop, General Mills, Goldman, IBM, Morgan Stanley, News Corp, Nvidia, Qualcomm, Peabody

-David Rosenberg warns on US labour market
-US to speed-up Keystone XL pipeline

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