PETA buys stock in ConAgra Foods

Iowa Farm Bureau ^

[jmcclain19]

The animal activist group PETA (People for the Ethical Treatment of Animals) has purchased 140 shares of stock in ConAgra Foods Inc.

This gives the group a right to speak at annual meetings and to submit shareholder resolutions. ConAgra reported sales of more than $19 billion in 2003.

“Animals on factory farms are mutilated, drugged and abused,” says PETA. “Turkeys are jam-packed into crowded warehouses. Pigs are confined to concrete-floored stalls and are castrated and have their tails cut off, and cows are branded, dehorned and castrated.”

PETA was also to be active in Iowa Dec. 14 with plans to use bullhorns and to distribute graphic leaflets in a Palmer College of Chiropractic scientist’s Iowa City neighborhood to protest his use of animals in research.

PETA says Palmer College in Davenport is torturing animals to validate the chiropractic profession.

[taxcontrol]

Easy enough to stop. Simply pass a resolution that time on the podium is equal to the number of shares owned. PETA would need to have LOTS of shares to take the podium and spew their drivel.

[yankeedame]

So, PETA bought 140 shares? Ok. A little research is in order....time passes Let's see. Ah, here it is...

Security: CAG (Common Stock)
Exchange: New York Stock Exchange
Currency: US Dollar

Price & Volume [ Definitions]
Recent Price $25.92 (We'll say PETA paid, oh, $22.50 a share...that comes to $3,150 + a few bucks for the broker fee. So what are we talkin' about here? Around $3,200? Probably less? Kinda chincy, IMHO, esp. considering the airs these people put on.- YD)
Trade Date 12/17/2003
52-Week High $26.30
52-Week Low $17.75
52-Week Change 3.4%
YTD High $26.30
YTD Low $17.75
YTD Change 3.6%
Volume (10-Day Average) 1,603,500
Share Related [ Definitions]
Market Cap. (This Class, Common) (000) $ 13,917,000,000

Shares Outstanding (This Class, Common) (000) 536,926,000 (Of which 140 now belong to PETA.- YD)
Shares Outstanding Date 10/03/2003
Short Interest [ Definitions]
As of 11/11/2003
Short Interest 7,114,707
Short Interest Ratio 3.2

Insider Transactions [ Definitions]
As of 09/30/2003
Net Insider Transactions 0
Institutional Holdings [ Definitions]
As of 10/31/2003 Shares Held by Institutions 335,709,000 (The number, of course, is now 335,709,140. -YD) Percent of Shares Outstanding Held by Institutions 62.5%
Institutions Holding Shares 1110

[yankeedame]

cows are branded, dehorned and castrated.”

I dare you to find me one castrated COW. :)
===================

LOL!! Oh lordy, lordy! The mind reels with sarcastic replies. (For example, a picture of Helen Thomas leaps to mind!)

[jmcclain19]

I just hate PETA. I hear that. If it's not one of the worst and offensive publicity campaigns I've ever (www.masskillings.com) its some or other stupid stunt for attention.

[WinOne4TheGipper]

I didn't catch that. (I smack myself in the face and yell wake up). Anyway, at least ConAgra has some volunteers to castrate the bulls at the next stockholder convention.;-)

[WinOne4TheGipper]

LOL!

[adam_az]

PETA are loonie.

On one hand, they complain about factory farms, and raising animals in warehouses.

In the same breath, they complain about the ecological destruction caused by grazing.

Which is it? Are they grazing, or are they locked in warehouses? (Otherwise known as "barns," where you keep a cow when the weather is too cold or foul)

Branding is done so the farmer can identify his grazing cows and keep them from being stolen. Cattle have been branded probably going back to the iron age. This is nothing new. They are de-horned so they don't hurt each other. It's for their own safety.

PETA's real agenda is to end the practice of human meat-eating.

[WinOne4TheGipper]

And it's my understanding that cows must be milked or they will end up with an infection or something. So the practice they decry as cruel actually helps the cows stay healthy.

[MEGoody]

“Turkeys are jam-packed into crowded warehouses. Pigs are confined to concrete-floored stalls and are castrated and have their tails cut off, and cows are branded, dehorned and castrated.”

My husband grew up on a small, family farm. Hate to them PETA this, but they did alot of the same stuff - just on a smaller scale.

[MEGoody]

Can the rest of the shareholder's vote a resolution for the PETA folks to shut up and sit down?

[berserker]

I used to attend Conagra Foods stockholders meetings. At the first one I attended, there was a disident shareholder group (mainly a union) that was attacking one of the directors for some reason. I think most boards are used to this, they let the group have their say and then get on with their business.

By the way, Conagra used to be a fun meeting to attend, they had a small hot meal and they handed out goodies in a bag to all the shareholders that attended.

[TheDon]

ROAR!

[Common Tator]

I dare you to find me one castrated COW. :)

Hillary Clinton?

[Common Tator]

I dare you to find me one castrated COW. :)

Hillary Clinton?

[Freebird Forever]

control of the company

Not a chance.

The ConAgra float is 536,926,000 outstanding.

The peta pissants just want to get some free PR when they make a nuisance of themselves at the next shareholders meeting.

[newgeezer]

“Turkeys are jam-packed into crowded warehouses. Pigs are confined to concrete-floored stalls and are castrated and have their tails cut off, and cows are branded, dehorned and castrated.”

That description hits a little too close to Cubicle Land, for me.

[conservonator]

control of the company

PETA Shares = 140

Shares outstanding = 536,926,000

Best of luck.

[Lazamataz]

Look for ConAgra to change the shareholders meeting format soon.

[Lazamataz]

“Turkeys are jam-packed into crowded warehouses. Pigs are confined to concrete-floored stalls and are castrated and have their tails cut off, and cows are branded, dehorned and castrated.”

That description hits a little too close to Cubicle Land, for me.

Good L-rd. You're right.

REVOLT!

[dighton]

They've only bought themselves enough to be able to go to the shareholders' meetings and act their usual idiotic selves.

Exactly. Microscopic holding, big noise. S.O.P. for leftist pests, sorry, activists.