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Consumer Goods

Tue
27
Nov

Why ConAgra Overspent For Ralcorp

Stock Tickers

CAG

 

Packed food giant ConAgra (CAG) has agreed to buy privately held food producer Ralcorp (RAH) in a deal that is estimated to be worth $5 billion. During the announcement, ConAgra CEO Gary Rodkin said, "Clearly, consumer dynamics have changed since the recession, and we expect growth in private-label food to continue to outpace growth in branded food."

 

The company said Tuesday that the acquisition will strengthen ConAgra's overall position in the North American packaged food business. Rodkin also said that the company remains committed to its brands, which include Chef Boyardee, Egg Beaters and Peter Pan.

 

Tue
27
Nov

Why ConAgra Overspent For Ralcorp

ConAgra Foods Company Logo Image

Stock Tickers

CAG RAH

StockSaints – Packed food giant ConAgra (CAG) has agreed to buy privately held food producer Ralcorp (RAH) in a deal that is estimated to be worth $5 billion. During the announcement, ConAgra CEO Gary Rodkin said, “Clearly, consumer dynamics have changed since the recession, and we expect growth in private-label food to continue to outpace growth in branded food.”

Tue
20
Nov

Wal-Mart's Still Making the Best of a Bad Situation

Stock Tickers

WMT

 

It is hard to imagine a company that was more American than Walmart (WMT) at the height of the recession as it was instrumental in helping households across America manage their budgets. Shoppers want the best items at the lowest possible prices. That is what Walmart offers.

 

Yet, critics rush to proclaim Walmart of being under-handed and killing off mom & pop stores while outsourcing manufacturing to foreign markets. But many do not appreciate that there is a cost for offering the best prices in town. In this case, the mantra “The devil is in the detail” proves true.

 

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