CG Trending Hot Stocks! PepsiCo, Inc. (PEP), ConAgra Foods Inc (CAG)
Shares of PepsiCo, Inc. (NYSE:PEP) ended Tuesday session in red amid volatile trading. The shares closed down -0.49 points or -0.46% at $106.71 with 4.29 million shares getting traded. Post opening the session at $107.14, the shares hit an intraday low of $106.12 and an intraday high of $107.30 and the price vacillated in this range throughout the day. The company has a market cap of $153.23 billion and the numbers of outstanding shares have been calculated to be 1.43 billion shares.
PepsiCo, Inc. (PEP) announced an ambitious global sustainability agenda designed to foster continued business growth in a way that responds to changing consumer and societal needs. The company’s efforts, which focus on creating a healthier relationship between people and food, include specific 2025 goals to continue transforming PepsiCo’s food and beverage product portfolio, contribute to a more sustainable global food system and help make local communities more prosperous.
These new initiatives continue PepsiCo’s decade-long commitment to delivering Performance with Purpose, a pioneering vision launched in 2006 rooted in the fundamental belief that business success is inextricably linked to the sustainability of the world we share.
“To succeed in volatile and changing world, corporations must do three things exceedingly well: focus on delivering strong financial performance, do it in a way that is sustainable over time and be responsive to the needs of society,” said PepsiCo Chairman and CEO Indra Nooyi. “The first ten years of PepsiCo’s Performance with Purpose journey have demonstrated what is possible when a company does well by also doing good. We have created significant shareholder value, while taking important steps to address environmental, health and social priorities all around the world.”
Shares of ConAgra Foods Inc (NYSE:CAG) ended Tuesday session in red amid volatile trading. The shares closed down -0.59 points or -1.22% at $47.59 with 2.50 million shares getting traded. Post opening the session at $48.16, the shares hit an intraday low of $47.44 and an intraday high of $48.21 and the price vacillated in this range throughout the day. The company has a market cap of $20.87 billion and the numbers of outstanding shares have been calculated to be 437.77 million shares.
ConAgra Foods Inc (CAG) operates as a food company in North America. The company operates through two segments: Consumer Foods and Commercial Foods. The Consumer Foods segment principally sells branded food in various categories, including meals, entrees, condiments, pasta, sides, snacks, and desserts in various retail channels across frozen, refrigerated, and shelf-stable temperature. It offers its products under the ACT II, Banquet, Blue Bonnet, Chef Boyardee, DAVID, Egg Beaters, Healthy Choice, Hebrew National, Hunts, Marie Callenders, Orville Redenbachers, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack, Swiss Miss, Van Camps, and Wesson brands.