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ConAgra Earnings Miss Forecast As Private-Label Foods Slump
date:Jun 20, 2014
shares, said in an interview. The company either has to achieve the holy grail of combining a branded company with private label or admit failure and unwind this Holy Communion.

ConAgra shares fell as much as 7.4 percent to $30.41 in New York, the biggest intraday decline since Feb. 11. The stock had dropped 2.5 percent this year through yesterday.

Weak Profit

ConAgra said its consumer-foods business saw sales volume decline 7 percent, while profit was weak in the private- brands division. Th

12/25 11:48