Sr. Correspondent, Broker Research, Bangalore, India
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Jan 15, 2015

ConAgra event cancellation sparks rumors, options activity

NEW YORK, Jan 15 (Reuters) – Options on ConAgra Foods Inc
shares were in heavy demand on Thursday after the
company canceled a presentation at an investor conference in
February, sparking rumors of a possible deal for the company.

Shares of the company rose as much as 3 percent to $36.65
after market chatter surfaced that the company would not be
presenting at the Consumer Analyst Group of New York (CAGNY)
Conference in Boca Raton, Florida, in February, analysts said.

Jan 15, 2015
    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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