It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Gardein, a brand of Conagra Brands, Inc. (NYSE: CAG), is getting ready to celebrate National Burger Day on May 28, with a delicious new burger unlike any the brand has ever offered. Gardein's new Ultimate Plant-Based Burger looks, cooks and smells like real meat for a satisfying burger experience with no sacrifices. The new burger adds to Gardein's reputation for delivering great-tasting meat alternatives. And Gardein is enlisting a pair of celebrity burger enthusiasts to kick-off the celebration.
BALTIMORE, April 28, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today reported its financial results for the first quarter of 2020. The earnings release can be found on the firm's website at troweprice.com/media. ABOUT T. ROWE PRICE Foun…
Corporate earnings for the current second quarter are likely some of the most unpredictable ones in recent history, thanks to the coronavirus-induced disruptions. But there are exceptions, and they might offer a good buying opportunity.
T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) announced today that its Board of Directors has declared a quarterly dividend of $0.90 per share payable June 30, 2020 to stockholders of record as of the close of business on June 15, 2020.
You may be weary of seeing the same four walls every day, but spare a thought for those stuck at home with a paranormal presence
Warfare History Network History, Europe The mysterious death of once-Deputy Fuhrer Rudolf Hess in Spandau Prison has provoked a litany of conspiracy theories. Here's What You Need To Remember: The official British files relating to Hess that have been kept …
The stock has jumped 32% in the past year. While it’s edged down in 2020, one analyst thinks the company could be a long-term winner.
Conagra Brands, Inc. (NYSE: CAG) today announced it will provide an additional $7 million in cash bonuses to eligible employees at each of the company's 50 production and distribution facilities across the U.S., Mexico and Canada. This additional bonus is in recognition of these team members' continued, unwavering commitment to make Conagra Brands food available to consumers during the COVID-19 pandemic. To date, the company has committed more than $13 million in special bonuses for front-line employees.
T. Rowe (TROW) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Deutsche Bank (DE:DBKGn) analyst Brian Bedell maintained a Hold rating on T. Rowe Price Group on Friday, setting a price target of $115, which is approximately 6.54% above the present share price of $107.94.
Crude oil prices surged along with the market today, up 3% to $33 per barrel for West Texas Intermediate crude, on hopes for flattening of the Covid-19 infection curve.
While there’s been a big jump in food sales, that also came with a 33.5% increase in private label sales, outstripping the 28% growth brands have seen, according to Stifel. Several big brands, though, are thriving.
Greater Baltimore is agonizingly close to being home to a Fortune 500 company once again. T. Rowe Price Group Inc. (NASDAQ: TROW) came in at no. 504 on Fortune's 2020 list of the 500 largest publicly traded companies in America. It's the second year the Balt…
For some trans and non-binary New Zealanders, Covid-19 has prevented them gaining access to gender-affirming healthcare.
Conagra Brands Inc. said Thursday it will prepay the remaining $275 million outstanding under its senior floating-rate notes that mature on October 22, as it moves to deleverage and boost its financial flexibility. The company said it has secured a $600 million senior three-year unsecured term loan that can be drawn through Oct. 22 at a price of Libor plus 150 basis points. "While Conagra has not yet drawn on the facility, this facility provides Conagra with the liquidity to repay, along with cash on hand, the Company's debt maturities in fiscal 2021," the company said in a statement. Chicago-based Conagra, parent of food brands including Birds Eye and Slim Jim among others, is aiming to preserve its investment-grade status as it works through the pandemic. Shares were slightly higher premarket, but are down 4.4% in the year to date, while the S&P 500 has fallen 8%.
T. Rowe Price Group (NASDAQ: TROW) got a significant boost on May 12 when it reported an increase in assets under management for the month of April. T. Rowe Price has significantly outperformed its peers this year, and the stock is up about 10% over the trailing 12 months. The April update showed that assets flowed back into T. Rowe's equity funds, which had seen $5.7 billion in net outflows in the first quarter while fixed income and money market funds had $3 billion in inflows.
Victory Capital's (VCTR) Q1 results reflect higher assets under management and rise in revenues, partially offset by elevated costs.
Garmin is the fourth debt-free company that I have chosen to cover in the debt-free series. Garmin is one of the most advanced players in the marine and aviation fields. Total sales increased in Q1-2020 by 12% year-over-year with all business …
John's Traditional IRA generated a total income of $1,267.84 for March 2020 compared with a total income of $1,154.75 for March 2019.John's Roth IRA generated a total income of $718.18 for March 2020 compared with a total income of $635.40 for March 2019.A to…
(Bloomberg) -- Rent the Runway Inc. is close to raising new funding that would value the fashion startup below its previous $1 billion valuation, according to people familiar with the matter, the latest company to offer a discount to private investors as the pandemic ravages retailers.New York-based Rent the Runway is seeking at least $25 million in a funding round led by T. Rowe Price Group Inc., which would value the startup at about $750 million, the people said, asking not to be identified because the matter is private. The company’s plans aren’t final and may still change, the people said.A representative for Rent the Runway declined to comment on the funding round. T. Rowe Price declined to comment.It makes sense that Rent the Runway and other fashion startups would see their valuations decline right now, Sequoia Taylor, managing partner at Spry Ventures, said.“Their customer base is grappling with these new changes at a fast pace and I’d imagine outside clothing is the furthest thing from their minds,” Taylor said.In the past two months, U.S. shoppers have prioritized groceries above all else. Specialty retailers that sell apparel and accessories were projected to lose $17 billion in sales in April, a 79% drop compared to the same month last year, according to data from Forrester Research. The market for personal luxury goods could contract by 20% to 35% this year, according to a Bain & Co. report.Shoring up FundsStarted in 2009 by Jennifer Hyman and Jenny Fleiss as a way for women to rent dresses for occasions like weddings, Rent the Runway expanded to everyday wear through subscriptions that allow members to fill their wardrobes with outfits for the work week.All of the company’s brick and mortar locations are currently closed as non-essential business remain shuttered in many U.S. states, according to its website. The company said it has also made layoffs, without specifying the amount.Rent the Runway was plagued by service disruptions last year, ending up offering cash and refunds to customers who had orders canceled due to supply chain issues.Startups around the world have been trying to shore up funds and cutting jobs to survive the current economic uncertainty. A technology startup serving the logistics industry, Samsara Networks Inc., saw its valuation shrink by almost $1 billion to $5.4 billion in a new funding round. Zeus Living Inc., a corporate-housing startup backed by Airbnb Inc., raised money at roughly half the valuation it commanded five months ago.Luxury reseller Rebag also raised fresh funding earlier this month while its locations remains closed.(Updates with quote starting in fourth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Grocery Outlet Holding Corp. could become the go-to supermarket for many bargain-hunting new customers who find food prices rising elsewhere, Cowen analysts say. Grocery Outlet (GO) is an “extreme value” supermarket chain with 350 stores across California, Pennsylvania, Washington and a few other states. Grocery Outlet stock began trading in June 2019.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certai…
Conagra Brands, Inc. (NYSE: CAG) today announced continued progress against its deleveraging efforts and steps to further enhance its balance sheet strength and financial flexibility. Conagra will pre-pay, effective May 29, 2020, the remaining $275 million outstanding under its senior floating rate notes due October 22, 2020. Conagra has also obtained a $600 million senior three-year unsecured term loan which can be drawn, in full or in part, through October 2020 with opening pricing of LIBOR plus 150 basis points. While Conagra has not yet drawn on the facility, this facility provides Conagra with the liquidity to repay, along with cash on hand, the Company's debt maturities in fiscal 2021. Farm Credit Services of America and Farm Credit Bank of Texas served as Co-Lead Arrangers for the financing with Farm Credit Services of America serving as the Administrative Agent.
Greater Baltimore is agonizingly close to being home to a Fortune 500 company once again. T. Rowe Price Group Inc. (NASDAQ: TROW) came in at no. 504 on Fortune's 2020 list of the 500 largest publicly traded companies in America. It's the second year the Balt…
T. Rowe Price's (TROW) preliminary assets under management (AUM) of $1.13 trillion for April 2020 reflect 11.9% increase from the prior month.
This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms.These are not normal times, so we adjust our strategy a little bit to…
Conagra Brands Inc. said Monday that it would give additional bonuses totaling $7 million to workers at 50 distribution and production facilities in the U.S., Canada and Mexico. Up to this point, the company has spent $13 million on bonuses for frontline workers. Conagra's portfolio of food brands includes Dunkin' Hines, Healthy Choice and Vlasic. Conagra has taken measures to prevent the spread of coronavirus in its operations including staggering shifts, taking employee temperatures and increased sanitation. Conagra stock has rallied 17.5% over the past year while the S&P 500 index is up 0.2% for the period.
You may be weary of seeing the same four walls every day, but spare a thought for those stuck at home with a paranormal presence
The U.S. death toll from the coronavirus that causes COVID-19 rose above 87,000 on Saturday, as new outbreaks were reported from states where stay-at-home orders are set to expire and in states that never imposed them, raising concerns that the reopening of economies will spur new infections.
A touching profile of Philip Roth's stonemason and caretaker, who didn't think much of the author's works but loved him devotedly. ↩︎ The Forward View Post →
Are the Australian government’s successive changes to JobKeeper specifically designed to exclude universities? And if so, why?
Employment Tribunal decision.
Conagra Brands Inc. provided a sales update for its fiscal fourth quarter to date through May 3, with the processed and packaged foods seller saying total retail sales rose 37.2% from a year ago. The stock rose 0.1% in premarket trading, erasing an earlier loss of 2.4%. For the 10-week period ended May 3, frozen retail sales grew 29.7%, with frozen meals sales, which includes single- and multi-serve meals, increasing 27.1%. Snacks retail sales rose 20.4% and staples brands sales, which includes brands within grocery and refrigerated businesses, jumped 53.5%. The company said the sales update is in conjunction with its investor meeting scheduled Friday. The stock has gained 3.5% over the past three months through Thursday, while the S&P 500 has dropped 15.6%.
How are you managing to promote the album and connect with your fans during lockdown? It's tough because we'd anticipated selling most of our merch on tour, which has been postponed. But online sales have been much better than expected. We've sold more than w…
Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down…
Memorial Day might look a little different this year, but whether you're celebrating in your backyard or gathering virtually, you can still have fun with your food! Healthy Choice, a brand of Conagra Brands, Inc. (NYSE: CAG), just launched a Power Dressings line featuring popular flavors including Creamy Ranch, Creamy Italian, Garden French and Greener Goddess, perfect for dressing up BBQ favorites from salads and veggies to dips and marinades.