[ad_1] The U.S. Justice Department has launched an investigation into the method of payments made to chicken farmers by poultry companies. Pilgrim’s Pride Corp PPC disclosed in a regulatory filing that…
[ad_1] International Paper Co IP reported a third-quarter FY22 year-over-year revenue growth of 10% to $5.40 billion, beating the consensus of $5.37 billion. Net sales from Industrial Packaging rose 6.7%…
[ad_1] Overstock.com Inc OSTK reported a third-quarter FY22 sales decline of 33% year-on-year to $460.28 million, missing the consensus of $479.46 million. Active customers decreased 33% Y/Y to 5.8 million. Orders…
[ad_1] Tennant Company TNC said its Board of Directors authorized a 6% hike in its quarterly cash dividend to $0.265 per share. The increased dividend is payable on December 15, 2022,…
[ad_1] DA Davidson analyst Linda Bolton Weiser reiterated a Buy rating on the shares of Mattel Inc MAT but lowered the price target from $45 to $31. Mattel slightly missed the consensus…
[ad_1] Oat drink company Oatly Group AB OTLY has partnered with Germany’s petrol station network, Aral, to launch its Oatly Barista Edition in approximately 1,250 sites. Aral has around 2,400 retail sites in…
[ad_1] Avery Dennison Corp AVY reported third-quarter FY22 sales growth of 11.8% year-on-year to $2.317 billion, marginally beating the consensus of $2.31 billion. Reported sales for the Label and Graphic Materials…
[ad_1] Keurig Dr Pepper Inc KDP has appointed Sudhanshu Priyadarshi to the position of Chief Financial Officer, effective Nov. 14, 2022. He will report to the CEO Ozan Dokmecioglu, and lead…
[ad_1] Yum China Holdings Inc YUMC announced the effectiveness of the company’s voluntary conversion of its secondary listing status to a primary listing status on the Main Board of The…
[ad_1] Philip Morris International Inc PM reported a third-quarter FY22 sales decline of 1.1% year-on-year to $8.03 billion, beating the consensus of $7.42 billion. On a pro forma basis, adjusted…
[ad_1] Lithia Motors Inc LAD reported third-quarter FY22 sales growth of 18.2% year-on-year to $7.29 billion, missing the consensus of $7.46 billion. New vehicle retail revenues increased 14.1% Y/Y, and used…
[ad_1] B. Riley Financial Inc RILY subsidiary has purchased a second portfolio of performing receivables from home-furnishing retailer W.S. Badcock Corporation, a subsidiary of Franchise Group Inc FRG. Under terms of the agreement,…
[ad_1] Agrify Corp AGFY said its Board of Directors approved a 1-for-10 reverse stock split. The decision will be effective as of 12:01 a.m. on Tuesday, October 18, 2022. The…
[ad_1] Hyundai Motor Company (OTC: HYMTF) is planning to break ground on a $5.5 billion electric vehicle and battery plant in the U.S. on October 25. The automaker, Reuters reported, is…
[ad_1] Mercedes-Benz Group ADR MBGYY is partnering with an energy company to tap wind energy off the Baltic Sea starting in 2027. The move is believed to ease the…
[ad_1] Airbus SE EADSY and Qatar Airways clashed in court in a dispute over damage to A350 jetliners. Qatar Airways is suing Airbus over damage to the painted surface…
[ad_1] EF Hutton analyst Michael Albanese initiated coverage of Reborn Coffee Inc REBN with a Buy rating with a price target of $5.50. The analyst said the market for retail coffee is…
[ad_1] Raymond James analyst Rick B. Patel initiated coverage on Lululemon Athletica Inc LULU with a Strong Buy rating on the shares and a price target of $345. The analyst says Lululemon…
[ad_1] Equifax Inc EFX has expanded integration of The Work Number with cloud-based software solutions provider MeridianLink, Inc. MLNK. The Work Number is a centralized commercial repository of income and employment data in…
[ad_1] Sony Group Corp’s SONY electronics division has made available its first over-the-counter (OTC) hearing aids for the U.S. market. With the unique products, developed in partnership with WS Audiology…
[ad_1] PepsiCo Inc PEP reported third-quarter FY22 sales growth of 8.8% year-on-year to $21.97 billion, beating the consensus of $20.81 billion. Net revenue from Frito-Lay North America increased 20% Y/Y, Quaker…
[ad_1] Laser Photonics Corp LASE has received an order from the U.S. Navy for LPC-1000CTH CleanTech Laser Blasting System with an integrated water chiller for submarine MRO (maintenance, repair, and operations). …
[ad_1] Silicon Valley startup Faction Technology Inc has partnered with GoCar Tours Inc to develop driverless deployment of EV Sport vehicles, based on the FUV platform from Arcimoto Inc FUV. The collaboration facilitates driverless delivery…
[ad_1] Cummins Inc CMI plans to commence producing electrolyzers in the U.S. to advance the nation’s green hydrogen economy. An electrolyzer separates water into oxygen and hydrogen. When the electrolyzer…
[ad_1] Happiness Development Group Ltd (NASDAQ: HAPP) shareholders approved a 1 for 20 reverse split of ordinary shares. Consequently, Happiness Development’s shareholders will receive one new ordinary share of the…