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Conagra Foods

BUSINESS
June 3, 2007 | From Times Wire Services
ConAgra Foods Inc.'s peanut butter, recalled in February after it was linked to a salmonella outbreak, sickened 628 people in 47 states, according to a report from the U.S. Centers for Disease Control and Prevention. CDC investigators found salmonella Tennessee, a rare strain of the bacteria, in 21 jars of Peter Pan and Great Value peanut butter taken from patients' homes and in 15 unopened jars at the company's factory in Sylvester, Ga.
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BUSINESS
May 25, 2001 | Bloomberg News
ConAgra Foods Inc. said fictitious sales and irregular accounting at its farm-products unit led to a federal inquiry and overstatement of profit for the last three fiscal years. The multi-foods giant said it will reduce pretax profit by a total of $123 million for fiscal 1998 through 2000, or 3.6%. The Securities and Exchange Commission is conducting an informal inquiry into United Agri Products, a seed and fertilizer unit that represents 9% of operating profit, the company said.
BUSINESS
August 1, 2008 | From the Associated Press
Rising costs for fuel, feed and fertilizer propelled grain prices to all-time highs in June, raising the overall price of crops and livestock by 16% this year compared with last year, a U.S. Department of Agriculture report showed Thursday. Grain prices gained 42% for the year overall. Corn sold for an average of $5.61 a bushel in June, up 69% from $3.32 in 2007. Soybeans sold for $14.20 a bushel, nearly double last year's figure of $7.56. Corn went for just $2.
BUSINESS
April 14, 2005 | From Associated Press
Harley-Davidson Inc. said its fiscal first-quarter earnings rose 11% from last year, but the motorcycle maker also cut its shipment and earnings forecasts for this year because of weak sales. Harley-Davidson reported first-quarter profit of $227.2 million, or 77 cents a share, up from $204.6 million, or 68 cents, a year earlier. Revenue rose 5% to $1.24 billion from $1.17 billion. Harley shares fell $9.84, or nearly 17%, to $48.93 on the New York Stock Exchange.
HEALTH
November 3, 2003 | Jane E. Allen
Eating at your desk could make you sick. A new survey from the American Dietetic Assn. has found that nearly a third of those who bring their lunch to the office don't refrigerate it. Worse still, about four-fifths of them leave their lunch at room temperature for more than three hours -- ample time for those leftovers, salads, fish dishes or meat-and-cheese sandwiches to go bad. And although office parties allow co-workers to share some fun, they may also be sharing the spoilage.
BUSINESS
December 23, 2005 | From Bloomberg News
ConAgra Foods Inc., the third-largest U.S. food company, said profit plunged 32% in its fiscal second quarter as sales fell and fuel and packaging costs rose. Net income dropped to $163.1 million, or 31 cents a share, in the three months ended Nov. 27 from $239.6 million, or 47 cents, a year earlier, Omaha-based ConAgra said. Sales fell 5% to $3.81 billion. ConAgra's profit has declined in five of the last six quarters.
BUSINESS
October 12, 2007 | From the Associated Press
ConAgra Foods Inc. recalled all its Banquet potpies and store brand varieties Thursday after the products were linked to a nationwide salmonella outbreak. The company included beef potpies in the recall after initially saying only its chicken and turkey potpies should not be eaten. ConAgra issued a consumer alert Tuesday and asked stores nationwide to stop selling the poultry potpies, but stopped short of a recall until Thursday.
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