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ConAgra Foods, Inc. (CAG)

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ConAgra Foods, Inc.

ConAgra Foods shares dropped 7.25 percent to close at $30.47 a share Wednesday. The stock traded between $30.18 and $31.35 on volume 16.82 million shares traded. The company announced that it now expects to report an adjusted net income of $0.55 a share for the fourth quarter of fiscal 2014, down from its previous guidance of $0.60. Shares of ConAgra Foods are up approximately 10.0 percent year-to-date.

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