Shares of Hasbro, Inc. (NASDAQ:HAS) ended Thursday session in red amid volatile trading. The shares closed down -0.22 points or -0.28% at $79.39 with 917,170.00 shares getting traded. Post opening the session at $79.59, the shares hit an intraday low of $79.03 and an intraday high of $80.33 and the price vacillated in this range throughout the day. The company has a market cap of $9.92 billion and the numbers of outstanding shares have been calculated to be 125.41 million shares.
Hasbro, Inc. (HAS) announced that it will webcast its third quarter 2016 earnings conference call on Monday, October 17, 2016 at 8:30 a.m. Eastern Time, following the release of Hasbro’s financial results.
The webcast and accompanying presentation slides will be available to investors and the media on Hasbro’s Investor Relations home page at http://investor.hasbro.com. A replay of the call will be available at the same location approximately 2 hours following completion of the call.
Certain financial and statistical information included in the webcast, such as information required by Regulation G, will be available at the time of the webcast in the “Press Releases” section of Hasbro’s website at www.hasbro.com, under “Corporate – Investors.”
Shares of ConAgra Foods Inc (NYSE:CAG) ended Thursday session in green amid volatile trading. The shares closed up +3.12 points or 7.23% at $46.25 with 10.17 million shares getting traded. Post opening the session at $45.29, the shares hit an intraday low of $44.93 and an intraday high of $46.71 and the price vacillated in this range throughout the day. The company has a market cap of $20.27 billion and the numbers of outstanding shares have been calculated to be 439.35 million shares.
ConAgra Foods Inc (CAG) on September 26, 2016 announced that it has acquired the packaged foods businesses of Frontera Foods, Inc. and Red Fork LLC, including the Frontera, Red Fork and Salpica brands. These businesses make authentic, gourmet Mexican food and contemporary American cooking sauces. Terms of the transaction were not disclosed.
Frontera’s premium salsa, sauces, snacks and meals feature the distinct flavors of Mexico. Red Fork is known for its premium American cooking sauces and Salpica is a unique Tex-Mex salsa line.
“We are excited to add the Frontera, Red Fork and Salpica brands to our portfolio. In particular, the Frontera brand is a preeminent gourmet Mexican food brand in North America. We believe it provides a tremendous platform off which we can build,” said Sean Connolly, president and chief executive officer of ConAgra Foods.
Founding Chef Rick Bayless says, “In ConAgra, we’ve found people who respect our integrity and uncompromising standards. We will continue to make high-quality food with the same standards of excellence and operate with the same values and fresh ingredients that have helped the business to become the premium brands they are now. This is the start of a new era for Frontera, Salpica and Red Fork, and we are thrilled.”