UPDATE 2-Conagra profit jumps, but shares fall as margins disappoint
June 29 Chef Boyardee pasta maker Conagra Brands Inc reported a 29 percent rise in quarterly profit as it cut back on promotions and jettisoned low-margin products.
May 12 Music streaming service Spotify will be a direct listing on the New York Stock Exchange when it goes public later this year or early next year, a source familiar with the situation said on Friday.
Spotify is valued at $13 billion, the source said.
The New York Stock Exchange was not immediately available for comment. Spotify declined to comment. (Reporting by Pallavi Dewan in Bengaluru; Editing by Sai Sachin Ravikumar)
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