ConAgra Foods Inc. (NYSE:CAG) the packaged-food company that owns Chef Boyardee and Healthy Choice, said Wednesday that earnings will miss its forecast amid slow sales of consumer foods and shrinking profit at its private-label business. ConAgra Foods Inc. (NYSE:CAG) net profit margin is 5.40% and weekly performance is -5.46%. On last trading day company shares ended up $30.47. Analysts mean target price for the company is $32.66. ConAgra Foods Inc. (NYSE:CAG) distance from 50-day simple moving average (SMA50) is -2.77%.
Microsoft Corporation (NASDAQ:MSFT) has dropped the price of its second-generation tablet, the Surface Pro 2. The price drop is just ahead of the delivery of the Surface Pro 3. The price has been cut the price of certain Surface Pro 2 models sold in the U.S. by $100 each and others by $200. The 64GB Core i5 Surface Pro 2 is now $799 instead of $899. The 512GB is now $1,599 instead of $1,799. Microsoft Corporation (NASDAQ:MSFT) shares fell -0.07% in last trading session and ended the day on $41.65. MSFT gross Margin is 70.10% and its return on assets is 15.10%.Microsoft Corporation (NASDAQ:MSFT) quarterly performance is 6.82%.
T-Mobile US Inc. (NYSE:TMUS) is jumping into the music streaming game with a price and a package of features that set it apart. T-Mobile US Inc. (NYSE:TMUS) shares moved down -1.15% in last trading session and was closed at $32.68, while trading in range of $32.46 – $33.20. T-Mobile US Inc. (NYSE:TMUS) year to date (YTD) performance is -2.85%.
General Motors Company (NYSE:GM) CEO Mary Barra acknowledged to a Congressional subcommittee Wednesday that GM “failed to handle a complex safety issue in a responsible way” when it delayed the recall of millions of cars with a fatally flawed ignition switch. General Motors Company (NYSE:GM) ended the last trading day at $36.30. Company weekly volatility is calculated as 1.79% and price to cash ratio as 2.07.General Motors Company (NYSE:GM) showed a positive weekly performance of 0.50%.
Since purchasing its line of automated decortication equipment and accompanying kenaf, Hemp, Inc. (OTCMKTS:HEMP) announced on 12 June the first sale of its raw and processed kenaf in the United States. According to Hemp, Inc. executives, a developer in Kingman, Arizona has purchased approximately 12,000 pounds of raw kenaf and approximately 15,000 pounds of finished kenaf fiber for inclusion in the concrete and/or stucco home building materials for their environmentally sound eco-community. On last trading day company shares ended up $0.0590.
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