The FDIC deposit fund is running out of money. The dollar continues to look like a 97-pound weakling against the euro and gold is above $1,000 an ounce.
Stocks were headed for a lower open Thursday as investors reacted to a worse-than-expected report on unemployment and awaited congressional testimony from Federal Reserve Chairman Ben Bernanke.
Two people were found dead and a third person is still believed missing in a North Carolina food plant heavily damaged in a morning explosion, police said Tuesday night.
Peanut butter makers not affected by the deadly salmonella outbreak linked to a Georgia peanut plant are trying to get consumers to keep buying peanut butter. It could be an uphill battle.
GM is one of the few stocks in the S&P 500 that is up this year. You read that right.
Success has followed Steve Hughes wherever he has roamed in the food industry the past two decades.
It's no secret that the economy is in a slump, and that Americans are keeping a closer eye on how much they spend.
An up and down day on Wall Street ended decidedly down Thursday, as investors demonstrated concern about shaky news from the financial and tech sectors.
House lawmakers, calling the U.S. food safety system "fragile" and a "mess," harshly chastised leading food companies and federal agencies Tuesday for allowing unsafe products to reach American consumers.
Federal authorities are warning consumers not to eat Banquet frozen turkey and chicken pot pies or similar generic store-brand products because they may have caused an outbreak of salmonella poisoning.
The FDIC deposit fund is running out of money. The dollar continues to look like a 97-pound weakling against the euro and gold is above $1,000 an ounce.
Stocks were headed for a lower open Thursday as investors reacted to a worse-than-expected report on unemployment and awaited congressional testimony from Federal Reserve Chairman Ben Bernanke.
Two people were found dead and a third person is still believed missing in a North Carolina food plant heavily damaged in a morning explosion, police said Tuesday night.
Peanut butter makers not affected by the deadly salmonella outbreak linked to a Georgia peanut plant are trying to get consumers to keep buying peanut butter. It could be an uphill battle.
GM is one of the few stocks in the S&P 500 that is up this year. You read that right.
Success has followed Steve Hughes wherever he has roamed in the food industry the past two decades.
It's no secret that the economy is in a slump, and that Americans are keeping a closer eye on how much they spend.
An up and down day on Wall Street ended decidedly down Thursday, as investors demonstrated concern about shaky news from the financial and tech sectors.
House lawmakers, calling the U.S. food safety system "fragile" and a "mess," harshly chastised leading food companies and federal agencies Tuesday for allowing unsafe products to reach American consumers.
Federal authorities are warning consumers not to eat Banquet frozen turkey and chicken pot pies or similar generic store-brand products because they may have caused an outbreak of salmonella poisoning.
ConAgra, a packaged food maker whose brands include Banquet, Chef Boyardee and Healthy Choice, said Thursday its first-quarter profit rose 5 percent as sales grew at twice that pace.
Stocks eased at the start of trading Thursday as concerns about the mortgage crisis and Bear Stearns' weak results weighed on investors.
The nation's largest microwave popcorn maker, ConAgra Foods Inc., says it will change the recipe for its Orville Redenbacher and Act II brands over the next year to remove a flavoring chemical linked to a lung ailment in popcorn plant workers.
ConAgra Foods Inc. agreed to pay $45 million to settle civil charges of financial fraud and improper accounting practices, the U.S. Securities and Exchange Commission said Wednesday.
A pet food maker's CEO and the father of a girl who may need a kidney transplant after being sickened by tainted spinach were just two of those who came to Washington Tuesday to call for much tougher oversight of the nation's food supply.
ConAgra announced Thursday it will reopen its Georgia plant after having discovered the source of salmonella contamination of its Peter Pan peanut butter, which sickened more than 400 people last year.
ConAgra Foods ranks no. 434 on FORTUNE's Global 500 this year, with $15.5 billion in revenues, down 14.6% from the previous year. The Omaha, Nebraska-based company was ranked no. 332 on the 2005 list. Its 2005 profits were $0.6 billion, down 20.9% from a year earlier.
As stocks continue their volatile ride along what appears to be the bottom of a market downturn, investors will focus on one key event next week: The statement from the Federal Reserve's policy meeting.
ConAgra Foods ranks no. 143 on this year's list of the FORTUNE 500, with $15,515.7 million in revenues, down 14.6% from the previous year. The Omaha, Neb.-based company was ranked no. 121 on the 2005 list. Its 2005 profits were $641.5 million, down 20.9% from a year earlier.
Eight meat processing workers came forward Wednesday to claim the $365 million Powerball jackpot, the largest lottery prize in U.S. history.
Stocks rose modestly Thursday morning after several better-than-expected earnings reports in the technology sector and a government consumer spending reading that showed inflation under control.
If this is a time in your investing life when you're focusing less on the growth of your portfolio and more on the stream of cash you can draw from it, you're facing a real challenge. Years of dema...
If this is a time in your investing life when you're focusing less on the growth of your portfolio and more on the stream of cash you can draw from it, you're facing a real challenge.
[HIT] You're fired. Well, on second thought ... Product placement is risky business, since there's always a chance that your brand will be associated with something unsavory. And indeed, Unilever's...
No one can deny that the economy is performing well. Real gross domestic product has grown at least 3 percent in each of the past two years, and the consensus forecast calls for several more years at that rate or better.
Major food manufacturers are pulling back on new products aimed at children, according to a published report, as companies may be getting gun-shy about criticism about unhealthy snacks.
Walt Disney Co.'s best shot at reviving its sickly ABC network may have plenty of skin and sin, but "Desperate Housewives" has lost a few advertisers as a result.
A new flour is about to be unveiled that its creators say will allow bakers to make bread with the taste and appearance of more popular white bread, but with the improved nutritional benefits of whole wheat breads.
A sixth person died Saturday after being seriously wounded in a shooting spree Friday at a food plant in Kansas City, Kansas, Police Chief Ronald Miller said.
Backyard chefs may be slathering ribs with a little salmonella and sauce this Independence Day if they aren't careful, food groups have warned.
Sure, it's tough when kids leave home. But for some clans, letting the business go is tougher.
Finally, a corporate budget cut that benefits you. Hoping to shred rising paper costs, companies have begun to issue flexible spending account (FSA) debit cards. They're just like bank-issued cards...
Over the past few years, employers fattened their benefit plans with an array of tasty treats, from pet insurance to stress-reducing lunchtime massages. This year, it's back to basics  --  retirement, health care, stock options and insurance -- as compensation and benefits managers trim calories in response to the economic downturn and the mounting uncertainty of a nation at war.
The mere mention of beef jerky, the pungent, chewy, dehydrated, plastic-packaged meat, often elicits yucks--or worse. But jerky has transcended food stands of gas stations and backpacks of mountain...
No turtles were harmed in the production of this magazine. The turtle on this page, you can plainly see, retains its dignity, even in the face of an impossibly tall obstacle. That's because it is m...
With armed guards and metal detectors in some schools, peanut butter might seem a low-level threat. But many school districts aren't treating the creamy lunchtime staple that way. An increasing num...
If the stock market could actually predict the future, we'd have nothing to worry about. That's because the levels at which many stocks are trading assume nothing short of perfection--perfect busin...
Corporate America has just finished that rite of spring in which it sends annual reports to millions of shareholders. If you're like most investors, you probably skim the perennially upbeat Letter ...
The cover of ConAgra's 1997 annual report, just out for its fiscal year ended in May, shows a box of Healthy Choice "grilled glazed pork"--also a pretty apt description of one financial rendering i...
How's this for standards? Gordon Fines limits his portfolio to no more than 100 companies. He shoots for businesses with annual per share earnings gains of 15% or more. All must have good top-line ...
We caught up with Marshall Acuff in the Edinburgh airport, on his way to the Scottish highlands for a little shooting. The Smith Barney equity strategist was eerily on target in our July 8 issue ("...
America's companies are making money again and splashing shareholders with some of their new wealth. After years of restructuring, profits are pouring in and dividends are rising. Seven out of ten ...
More companies are offering incentives, if not outright bribes, to encourage moms-to-be to get prenatal care and help cut the number of premature and low- birthweight babies. Such births can result...
Industry groups are based on U.S. Office of Management and Budget categories. Companies are assigned to a group according to the industry or service that contributed most to 1991 sales.
How do you replace a CEO legend? With minimum fanfare. ConAgra, the No. 2 U.S. food company (after Philip Morris's Kraft General Foods unit), quietly announced that Charles M. ''Mike'' Harper, 64, ...
POLITICS & POLICY/COVER STORIES 62 WHAT BUSINESS THINKS OF PEROT As President? Not much, was the short answer to Fortune's poll of top CEOs. Although they'd like to see a businessman in the Oval Of...
You can't blame the weather on George Bush. But El Nino, the climatological culprit behind this winter's weird weather, could hurt El Presidente this November -- or at least guarantee that he start...
WHAT does ConAgra get when it blends a hunk of hamburger with a dollop of beef stock, a pinch of salt, and a bit of processed oat flour? A gooey mess? No, a dietary breakthrough: ground beef that i...
THE SOCIETY/COVER STORY 42 GAY IN CORPORATE AMERICA In the company closet is a big, talented, and scared group of men and women. They want out -- and are making the workplace the next frontier for ...
One of the biggest events of 1991 -- the Persian Gulf war -- doesn't exactly qualify for our 11th annual roundup of hot happenings. But a related product does. The Gulf war dropped smart bombs onto...
AS EVEN the most casual newspaper reader can attest, debt has become a four- letter word. In the past decade total IOUs of U.S. nonfinancial corporations ballooned to $2.2 trillion, or nearly half ...
STEEL, CHEMICALS, railroads, and other cyclical industries will get hurt. But because of cost cutting prudently done while business was good, many companies will come out of this recession looking ...
ConAgra's Mike Harper and Eastern Airlines' Martin Shugrue have joined the cast of TV's long-running series Chief Executive as Chief Tout. Think of Frank Perdue, who has hawked chickens since 1971....
While other crazes of the madcap Eighties are quickly disappearing from sight -- junk bonds, $14 plates of linguini dyed with squid ink -- the corporate restructuring trend goes on. You know the dr...
PECUNIARY TV Traders and brokers who follow financial news wires will soon be able to watch the news live on their stock-quote terminals. Infotechnology, an owner of Financial News Network, has dev...
Do you imagine the man in the corner office vacationing only in the Swiss Alps or swank resorts on the French Riviera? In many cases you'd be wrong. Many CEOs prefer to stay on the North American m...
As decades go, this one was no day at the beach. While the economy's expansion set a new peacetime record, companies on the 500 strained harder than ever just to hold their ground. Measured in cons...
YOU'VE HEARD BEFORE that farming is a crazy business. Now let me tell you how crazy. I'm a transplanted farm girl living in Washington, D.C., and I can't quite get farming out of my blood. When my ...
Don Tyson, the chief executive of Tyson Foods, the country's biggest chicken processor, has been heard to kid analysts that he loves to kick the competition when they're down. It may be Tyson's tur...
There's no recipe for success in the investment world, but that doesn't mean successful businessmen can't come up with some recipes anyway. Warren Buffett and several other well-fed corporate types...
Charles ''Mike'' Harper, the burly 61-year-old CEO of ConAgra, remembers September 14, 1985, very well. That's the day he had a heart attack. Besides all the usual anxieties, he faced a prospect di...
If you agree with the widely followed investment theory of three steps and a stumble, you are on red alert. The theory is based on the fact that the stock market generally falls 20% to 30% whenever...
At last American agriculture is putting down good roots. In 1987 exports and prices started rising, and grain inventories fell for the first time in four years. As a result farm debt declined 9% an...
John R. Miller, 34 ARMOUR FOOD CO. Miller tries to eat hot dogs, bacon, or sausage every day. He should: He's the new president of Armour Food's $1-billion-a-year processed-meat business. Miller wa...
THE CON in ConAgra means with in Latin, but it might just as well stand for against, as in ''contrarian.'' Chairman Charles M. ''Mike'' Harper, 59, has a knack for acquiring sluggish, out-offavor f...
Investors nervous about the sluggishness of the economy normally turn to recession-resistant, ''defensive'' stocks like those of food companies. But a good defense is getting costly: prices of food...
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