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7/22/2022 12:29 PM
The shares of Conagra Brands Inc (NYSE:CAG) are up 1% to trade at $33.51 at last check, after the company approved a quarterly dividend payment of 33 cents per share to be paid on Sept. 1, and resistance over the last several months. Year-to-date, CAG is slightly below breakeven with a 2% deficit. Options traders have been much more bullish than usual. This is per CAG's 10-day put/call, , the food company is expected to grow its revenues 4.6% and its earnings 2.1%. CAG is also anticipated
7/14/2022 4:27 PM
for a bounce? Plus, IBM hit with bear note; CAG posts earnings miss; and breaking down 2 bank giants
7/14/2022 10:40 AM
Conagra Brands Inc (NYSE:CAG) is gapping lower on the charts, down 7.7% at $32.96 at last glance. The packaged food name reported fiscal fourth-quarter earnings of 65 cents per share, which was just above analysts' estimated 63 cents. However, the company also posted revenue of $2.91 billion, which came in below the expected $2.93 billion, and issued a lackluster 2022 profit outlook as higher prices pressure demand. CAG has had a volatile year on the charts, and is today breaking back below
7/14/2022 7:26 AM
Today initial and continuing jobless claims are expected. Plus, the final demand producer price index (PPI) for June is on the calendar. The following public companies are slated to release corporate earnings today, July 14: Cintas Corp. (NASDAQ:CTAS -- $377.57) provides corporate identity uniforms and related business services primarily in the United States, Canada, and Latin America. Cintas will report its Q2 earnings of 2022 before the bell today. Conagra Brands Inc. (NYSE:CAG -- $35.74
7/11/2022 7:29 AM
This week the third quarter will kick into high gear, with some key economic indicators to unpack as investors make their way through July. June's consumer price index (CPI) will be closely watched, while inflation expectations could also offer clues as to what lies ahead for the economy. The earnings docket is heating up as well, with Citigroup (C), Conagra (CAG), Delta Air Lines (DAL), JPMorgan Chase (JPM), Morgan Stanley (MS), PepsiCo (PEP), UnitedHealth (UNH), as well as Wells Fargo (WFC