All articles tagged with #conagra brands
High-quality dividend stocks are expected to rally as government actions likely keep long-term rates suppressed, making cash less attractive. The piece highlights sustainable payers like SCHD, mispriced midstream names such as ONEOK, and value plays like Pfizer and Conagra Brands, noting OKE's 5.6% yield and potential upside if multiples normalize, while warning inflation and sector headwinds require selective stock picking.
The article highlights three dividend stocks—Conagra Brands, Realty Income, and Oneok—that have the potential for strong price appreciation and sustainable dividends over the next three years, driven by AI-driven operational improvements, interest rate movements, and strategic growth initiatives.
Dolly Parton has partnered with Conagra Brands to launch a line of baking mixes and grocery items inspired by Southern cooking and comfort cuisine, including cake and muffin mixes, with frozen and refrigerated foods and snack items to follow. The collection will feature products such as chocolate cake mix, yellow cake mix, cinnamon crumb cake mix, blueberry muffin mix, and banana nut muffin mix, with a Dolly Parton-branded buttermilk pancake mix set to debut later. Additionally, a limited-edition "Bake Like a Rockstar" baking kit will be available for purchase online, featuring a selection of baking mixes and frosting.
Conagra Brands has been ordered by a jury in Illinois to pay $7.1 million in damages to a Pennsylvania woman who suffered severe burns when a can of Swell cooking spray exploded in a kitchen at her workplace. The verdict is the first of many similar cases involving burn victims and Conagra-made cooking spray brands. The company, which owns popular food brands such as Pam, Marie Callender's, and Chef Boyardee, has more than 50 pending cases against it. The accidents were caused by a venting system in the spray cans that had a lower heat threshold, causing the cans to release their flammable contents when they got too hot. Conagra has refused to issue a product recall and plans to evaluate its legal options, including an appeal.
Conagra Brands has been ordered by a jury in Illinois to pay $7.1 million in damages to a Pennsylvania woman who suffered severe burns when a can of Swell cooking spray exploded in a kitchen at her workplace. The verdict marks the first of several pending cases against Conagra involving burn victims who experienced similar accidents with their cooking spray brands. The company, which owns popular brands such as Pam, Marie Callender's, and Chef Boyardee, has refused to issue a product recall for the allegedly defective cans. The accidents are attributed to a venting system in the cans that releases flammable contents when exposed to high heat.
A Chicago jury has awarded $7.1 million to a woman who was severely burned when a can of cooking spray exploded while she was cooking in 2017. The lawsuit claimed that the venting mechanism on the can was faulty and prone to explosion. This is the first of 56 cases against Conagra Brands, the food packaging giant, to go to trial. A total of 61 plaintiffs have filed lawsuits claiming similar explosions and injuries. Conagra has stated that their cooking spray products are safe when used correctly and is considering legal options, including an appeal.
Conagra Brands, the leading frozen food company, saw its stock hit its lowest level since March 2020 as consumers shift away from convenience items and towards "hands-on food prep" to stretch their budgets. While Conagra beat earnings expectations in Q1, sales of refrigerated and frozen items dropped 4.6% compared to the previous year. Other frozen food companies, such as Kraft Heinz and J.M. Smucker, are also experiencing declines. Despite the current consumer shift, Conagra remains optimistic about the long-term growth prospects of frozen food, citing continued innovation and expansion in the space.
Conagra Brands is recalling approximately 245,366 pounds of Banquet brand frozen chicken strips entree products due to possible contamination with pieces of plastic. The products were produced on specific dates in June and July 2023 and were distributed nationwide. The recall was initiated after a consumer complaint of plastic in the product, which resulted in an oral injury. Consumers are advised not to consume the affected products and to either discard them or return them to the place of purchase.
Conagra Brands has recalled around 2,717 pounds of its Marie Callender’s frozen beef shepherd’s pies due to potential "foreign matter" contamination, which may include "clear, flexible plastic." The recall was prompted by consumer complaints, but no adverse reactions have been reported. The affected products were created on March 1, 2021, and distributed across the US. The FSIS has advised consumers not to consume the affected products and to return them or dispose of them.
Conagra Brands is recalling 2,717 pounds of frozen beef shepherd’s pie products due to plastic contamination. The products were made on March 1, 2023, and were distributed nationwide. Customers reported finding pieces of clear, flexible plastic in their food. The USDA advises consumers to throw away or return the affected products.
Conagra Brands, Inc. is recalling approximately 2,717 pounds of frozen beef shepherd’s pie products that may be contaminated with clear, flexible plastic. The products were produced on March 1, 2023, and shipped to retail customer distribution centers in California, Colorado, Oregon, and Utah, and further distributed nationwide. The problem was discovered when the firm received consumer complaints reporting pieces of plastic in the product. There have been no confirmed reports of adverse reactions due to consumption of these products. Consumers who have purchased these products are urged not to consume them and to throw them away or return them to the place of purchase.
Wendy's has partnered with Conagra Brands to bring its chili with beans to grocery stores and select online retailers starting this summer. The canned chili is made with 100% all-natural beef and contains 29 grams of protein per can, and will be sold for $4.99.
Wendy's is collaborating with Conagra Brands to sell canned versions of its famous chili with beans in grocery stores across the US this spring for $4.49, more than double the average cost of a small chili at Wendy's locations. The chili stewed at the restaurants is made with leftover burger meat, but it's not clear if the canned version will feature similar meat. While some Twitter users roasted the chain upon hearing the news, others are excited to try it.
Nvidia shares fell 3% after Google revealed details about its AI supercomputer, Palantir shares dropped 5% after expanding its partnership with Microsoft, Western Alliance stock shed 17% after updating its deposit balance, Johnson & Johnson shares rose 3% after agreeing to pay $8.9 billion to settle allegations that talc in its baby powder caused cancer, and Conagra Brands rose 3% after beating Wall Street's expectations for the recent quarter.