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Home » Business & Finance » Thursday’s Active Runners: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, Inc (NYSE:WGO), Visa Inc (NYSE:V), Citigroup Inc (NYSE:C)
Thursday’s Active Runners: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, Inc (NYSE:WGO), Visa Inc (NYSE:V), Citigroup Inc (NYSE:C)

Thursday’s Active Runners: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, Inc (NYSE:WGO), Visa Inc (NYSE:V), Citigroup Inc (NYSE:C)

March 26, 2015 2:59 pm by: Category: Business & Finance Leave a comment A+ / A-

In the course of current trading session Following Stocks are among the “Top Priority Stocks” For Traders: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, Inc (NYSE:WGO), Visa Inc (NYSE:V), Citigroup Inc (NYSE:C)

  • ConAgra Foods Inc (NYSE:CAG), with shares dwindled -.32% is now trading at $34.13. The Stock is active as 982,358.00 shares changed hands versus its average volume of 2.76M shares.
  • Winnebago Industries, Inc (NYSE:WGO), with shares dipped -11.71% is now trading at $21.01. The Stock is active as 1.46M shares changed hands versus its average volume of 407,161.00 shares.
  • Visa Inc (NYSE:V) with shares enhanced 0.06% is now trading at $65.77. The Stock is active as 1.51M shares changed hands versus its average volume of 11.17M shares.
  • Citigroup Inc (NYSE:C) with shares dropped -86% is now trading at $50.95. The Stock is active as 6.00M shares changed hands versus its average volume of 20.02M shares.

Latest NEWS regarding these Stocks are depicted underneath:

ConAgra Foods, Inc. (NYSE:CAG)

Today, ConAgra Foods, Inc. (CAG), stated results for the fiscal 2015 third quarter ended Feb. 22, 2015. Diluted loss per share from ongoing operations was $(2.23) for the fiscal third quarter 2015, due to a noteworthy impairment charge, vs. diluted EPS of $0.52 as stated for the fiscal 2014 third quarter. After adjusting for items influencing comparability, comparable diluted EPS was $0.59 this quarter and $0.62 in the year-ago period.

Consumer Foods Segment:

The Consumer Foods segment posted sales of about $1.8 billion and operating profit of $274 million, as stated. Sales declined 2% as stated, with flat volume, a 1% decline in price/mix, and 1% negative influence from foreign exchange.

  • Brands posting sales growth for the quarter comprise ACT II, Chef Boyardee, Hebrew National, PAM, PF Chang’s, Rosarita, and Slim Jim. The corporation notes good performance in alternative channels given the focus on those opportunities this fiscal year.
  • The packaging, assortment, product, and merchandising initiatives designed to improve the performance of Chef Boyardee, Healthy Choice, and Orville Redenbacher’s are underway and predictable to drive continuously improving performance.

Operating profit of $274 million was 3% above year-ago amounts as stated. After adjusting for $8 million of net expense in the current quarter and $4 million of net expense in the year-ago period from items influencing comparability, current quarter operating profit of $282 million raised 5% over comparable year-ago amounts. Advertising expense declined about $20 million, reflecting a continually increasing focus on efficiency and return on investment, in addition to a timing shift in which some spend has been moved from the fiscal third quarter into the fiscal fourth quarter. Good cost savings and efficiencies more than offset inflation.

Current quarter comparable operating profit also comprises:

  • $21 million of negative influence from certain index hedge losses, talk abouted in the Hedging Activities section of this document.
  • $8 million of negative influence from changes in foreign exchange rates.

ConAgra Foods, Inc. operates as a food corporation primarily in North America. The corporation operates through three segments: Consumer Foods, Commercial Foods, and Private Brands.

Winnebago Industries, Inc. (NYSE:WGO)

Today, Winnebago Industries, Inc. (WGO), stated financial results for the Corporation’s second quarter of Fiscal 2015 ended February 28, 2015.

Quarterly Cash Dividend:

The Corporation’s board of directors approved a quarterly cash dividend of $0.09 per share payable on May 6, 2015, to ordinary stockholders of record at the close of business on April 22, 2015.

Winnebago Industries, Inc. manufactures and sells recreation vehicles primarily for use in leisure travel and outdoor recreation activities. The corporation manufactures motor homes, which are self-propelled mobile dwellings that provide living accommodations and comprise kitchen, dining, sleeping, and bath areas, in addition to a lounge.

Visa Inc. (NYSE:V)

Formerly on March 18, CyberSource, a Visa Inc. (V) corporation, and one of the world’s largest providers of eCommerce payment administration services, declared a planned partnership with Korean Air, South Korea’s national carrier and largest airline, to provide secure online payment acceptance capabilities and enhance the overall customer experience.

Korean Air is ranked among the top 20 airlines in the world in terms of the number of passengers carried, and its passenger and cargo divisions presently serve 126 cities in 45 countries around the world. The airline’s focus on growth and quality service has garnered it industry recognition in recent years with a string of accolades, counting the “World’s Most Innovative Airline” from the 2012 World Travel Awards. As part of its drive to improve customer satisfaction, the airline is presently in the process of developing a new Passenger Service System (PSS), which will constitute a Global Payment System, a system to integrate all payment and acquiring services. With CyberSource’s global payment gateway solution, Korean Air will be able to securely accept a wide range of payment methods, counting debit and credit cards and alternative payments across its sales channels.

The payment solution will be further improved with Decision Manager, CyberSource’s fraud administration solution, featuring the World’s Largest Fraud Detection Radar. With insights derived from over 60 billion transactions processed annually by Visa and CyberSource, in addition to supplemented by over 260 real-time global validation tests, Decision Manager will enable Korean Air to automatically screen more inbound orders faster, with raised accuracy.

CyberSource, a wholly-owned partner of Visa Inc., is a payment administration corporation. Over 400,000 businesses worldwide use CyberSource and Authorize.Net brand solutions to process online payments, streamline fraud administration, and simplify payment security.

Visa Inc., a payments technology corporation, operates as a retail electronic payments network worldwide. The corporation facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.

Citigroup Inc. (NYSE:C)

Today, Citigroup Inc. (C) Treasury and Trade Solutions has won the 2015 Celent Model Bank award for innovation, effective use of technology and integration excellence for the CitiConnect ERP Integrator. The award recognizes Citi’s business strategy to deploy a flexible, cost-effective, and non-intrusive integration solution across all regions to provide global products and services.

The CitiConnect® ERP Integrator is Citi’s innovative offering for integration between a corporate client’s enterprise resource planning (ERP) system and Citi, via an accommodating, economical, seamless solution. It leverages existing ERP capabilities with no additional required development and enables the ERP to automatically extract all required payment details in a predetermined format that can be right away accepted for processing. The CitiConnect ERP Integrator allows client onboarding up to 60% faster since no file programming is required and there is no influence to the internal processes within SAP.

The CitiConnect® ERP Integrator is an ERP integration extension of CitConnect®, Citi’s industry leading connectivity platform, and is part of the omni-channel electronic banking product suite that also comprises CitiDirect BESM, CitiDirect BESM Mobile and CitiDirect BESM Tablet. All payment instruments across the 100+ countries supported by Citi through the CitiConnect platform are accessible.

Citigroup Inc., a diversified financial services holding corporation, provides various financial products and services for consumers, corporations, governments, and institutions worldwide. The corporation operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

DISCLAIMER:

This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.

Thursday’s Active Runners: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, Inc (NYSE:WGO), Visa Inc (NYSE:V), Citigroup Inc (NYSE:C) Reviewed by on . In the course of current trading session Following Stocks are among the “Top Priority Stocks” For Traders: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, I In the course of current trading session Following Stocks are among the “Top Priority Stocks” For Traders: ConAgra Foods Inc (NYSE:CAG), Winnebago Industries, I Rating: 0

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