ConAgra Foods

5 Things to Watch This Week

Nobody can predict all the news that will move the markets in a given week, but here are a few things we do know will help shape the week ahead on Wall Street.

Dow Loses 251, Its Second-Biggest Drop of the Year

Investors yanked money out of stocks Thursday after new reports from the U.S. and China pointed to a sharp slowdown in manufacturing. Losses in energy and materials companies led a widespread rout on the stock market.

ConAgra Misses Earnings Estimates, Hikes Dividend

ConAgra Foods (CAG) posted earnings from continuing operations of 32 cents a diluted share for the first quarter of fiscal 2011, compared with 37 cents a share a year earlier. Sales fell 2.4% from a year earlier to $2.8 billion, the company said in a statement.