New Business
Wednesday, 7/15, 10:34 PM
Conagra halves dividend and takes $2bn charge, a warning for packaged food
- Conagra Brands, the US maker of Birds Eye and Slim Jim, has cut its dividend in half and booked a roughly $2 billion writedown, a grim set of results that analysts say points to deeper trouble across the packaged-food industry as shoppers pull back and diets change.