Conagra Brands stock pops on earnings, guidance

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Conagra Brands,Duncan Hines,Brad Smith

Shares of Conagra Brands (CAG) jumped at the market open after reporting third quarter adjusted earnings per share of $0.69, better than the $0.65 estimate. ...

) jumped at the market open after reporting third quarter adjusted earnings per share of $0.69, better than the $0.65 estimate. The company behind Duncan Hines and Healthy Choice also raised its full-year adjusted operating margin outlook. -- Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group Corp., claiming they set the company up improperly and shouldn’t get any stock in it.

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Buckle up for a bumpy ride in the stock market, BMO Wealth Management’s CIO says. And he’s not the only one sounding the alarm “The narrative of falling inflation and imminent Fed rate cuts that drove the stock market’s first-quarter gains is wobbling in the second quarter,” Yung-Yu Ma wrote to Fortune.

 

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