During Monday’s Morning trade, Shares of ConAgra Foods, Inc. (NYSE:CAG), is flat at $43.37, hitting its highest level.
ConAgra Foods, issued the following statement recently in regard to JANA Partners LLC’s investment in the company, which it learned of on June 17:
ConAgra Foods’ Board of Directors and administration team are committed to acting in the best interests of all shareholders, and we welcome shareholder engagement. We look forward to opening discussions with JANA Partners after the ConAgra Foods’ June 30 fourth-quarter earnings declaration, and discussing their views on shareholder value creation at ConAgra Foods.
Additionally, the Board of Directors has amended the company’s bylaws to extend until July 8 the deadline for the submission by shareholders of nominees for election to the Board of Directors. This extension applies for the September 2015 annual meeting. Formerly, the deadline was June 21.
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through three segments: Consumer Foods, Commercial Foods, and Private Brands. The Consumer Foods segment provides branded food products in various categories, such as meals, entrees, condiments, sides, snacks, and desserts to various retail channels, such as grocery and convenience stores across frozen, refrigerated, and shelf-stable temperature classes.
Energy shares were mainly unchanged in pre-market trading Monday as crude-oil futures gained.
Among Energy stocks, Shares of Southwestern Energy Co. (NYSE:SWN), inclined 1.48% to $23.70, during its current trading session.
Southwestern Energy Company, an independent energy company, engages in the exploration, development, and production of natural gas and oil in the United States. The company operates in two segments, Exploration, Development and Production; and Midstream Services.
Finally, American Capital Agency Corp. (NASDAQ:AGNC), gained 0.30%, and is now trading at $19.88.
Equity Analysts at the Bank of America downgrades the rating on American Capital Agency Corp. (NASDAQ:AGNC). The brokerage firm has issued a Underperform rating on the shares. The shares were formerly rated Neutral. The Analysts at the ratings agency lowers the price target from $20 per share to $16 per share.
American Capital Agency Corp. declared a June 15 dividend on Wednesday, June 10th, MarketBeat.Com reports.
Stockholders of record on Tuesday, June 30th will be paid a dividend of 0.20 per share by the real estate investment trust on Wednesday, July 8th. This represents a dividend yield of 12.03%. The ex-dividend date of this dividend is Friday, June 26th.
American Capital Agency Corp. operates as a real estate investment trust (REIT) in the United States. The company invests in residential mortgage pass-through securities and collateralized mortgage obligations for which the principal and interest payments are guaranteed by government-sponsored enterprise or by the United States government agency.
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