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Conagra Brands, Allergan, Accenture, Nike and more - PRE-MARKET

Last updated: 00:09 22 Dec 2017 AEDT, First published: 19:09 21 Dec 2017 AEDT

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Conagra Brands gained over 3% in pre-market trade.

Conagra Brands Inc (NYSE:CAG) shares gained over 3% in pre-market to US$39.35 each.

It comes as the group inks a deal to acquire the Sandwich Bros of Wisconsin for an undisclosed amount.

 

In its second quarter, net sales grew 4.1% and organic net sales grew 2.3% in the three months with growth in each operating segment.

For the full fiscal 2018, Conagra now expects organic net sales and adjusted EPS to be near the high end of their respective guidance ranges.

Elsewhere, in pre market Allergan plc (NYSE:AGN) is in focus with shares up a tad - 0.05% -  as it reported that the FDA (Food & Drug Administration) had accepted a NDA (new drug application) for Seysara for the  treatment of moderate to severe acne.

Accenture Plc (NYSE:ACN) shares gained almost 2%  to US$154.75 as the  group reported a better-than-expected quarterly profit, as the outsourcing services provider gained from its push into digital and cloud services.

The tech group forecasts current-quarter revenue to come in between US$9.15bn and US$9.40bn, the low end of which was in line with analysts'  forecasts.

Nike Inc (NYSE:NKE) shares added 0.55% to US$63.94 each as analysts expect the sports shoe and  clothing giant to post quarterly earnings at $0.4 per share on revenue of $8.39 billion after the closing bell.

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