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Thursday, March 26, 2015

Food Stocks To Watch: ConAgra Earnings Beat Q3 Estimates



Investor's Business Daily - Investing RSS http://ift.tt/1IAqblV ConAgra Foods (CAG) traded wildly after reporting better-than-expected earnings and revenue before Thursday's market open. Yet the stock cut its sharp intraday losses and is trying to find institutional buying support at its 40-week moving average. The company said it was taking a $1.3 billion charge on its private-brands segment after taking a $247 million write-down the previous quarter. The food giant reported Q3 earnings of 59 cents a share,


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