ConAgra Foods is a prominent American packaged foods company that specializes in producing and marketing a wide range of food products. The company offers a diverse portfolio that includes frozen meals, condiments, snacks, and cooking ingredients, catering to both retail and food service sectors. With a focus on delivering high-quality, convenient food options, ConAgra works to innovate and meet the changing tastes and preferences of consumers. The company is committed to sustainability and responsible sourcing, aiming to support healthy eating and contribute positively to the communities it serves. Read More
Shares of electricity generation and hydrogen production company Bloom Energy (NYSE:BE) jumped 6.6% in the afternoon session after Conagra (NYSE:CAG) announced plans to partner with the company (Bloom Energy) to deploy Bloom's fuel cell technology at its manufacturing plants in Troy and Archbold, Ohio.
Shares of Bloom Energy Corporation (NYSE: BE) are trading higher Tuesday after the company announced a partnership with Conagra Brands Inc (NYSE: CAG) to implement fuel cell technology at its Ohio production facilities.
Conagra Brands is deploying Bloom Energy's fuel cell technology at its Ohio facilities through a 15-year PPA. This six-megawatt installation will provide up to 75% of the sites' electricity needs while cutting greenhouse gas emissions by 19%.
Over the last six months, Conagra’s shares have sunk to $25.99, producing a disappointing 20% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation.
Many investors pay attention to mid-cap stocks because they have established business models and expansive market opportunities.
However, their paths to becoming $100 billion corporations are ripe with competition, ranging from giants with vast resources to agile upstarts eager to disrupt the status quo.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how shelf-stable food stocks fared in Q4, starting with Simply Good Foods (NASDAQ:SMPL).
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Consumer staples are considered safe havens in turbulent markets due to their inelastic demand profiles. But they’re also double-edged swords as they often lag in booming conditions, and this pattern has persisted recently.
Over the past six months, the industry has recorded a loss of 7.9%, a far cry from the S&P 500’s 6.7% ascent.
Stay informed about the performance of the S&P500 index in the middle of the day on Friday. Uncover the top gainers and losers in today's session for valuable insights.
Shares of packaged foods company Conagra Brands (NYSE:CAG)
fell 7.7% in the morning session after the company reported underwhelming preliminary full-year 2025 guidance and expects sales and profits to be below its previous forecast. Precisely, the company expects full-year earnings of about $2.35 (vs. previous guidance of $2.45 to $2.50 per share). Organic sales are also expected to decline by 2% year on year (vs previous guidance of a decline between 1.5% and flat growth).
Stay updated with the movements of the S&P500 index in the middle of the day on Tuesday. Discover which stocks are leading as top gainers and losers in today's session.
