Pilgrim's Pride Corp CEO Jayson Penn began a paid leave of absence following his indictment earlier this month on charges of seeking to set a fixed price for chickens with other industry executives, the company said Sunday.
Oil prices fell on Monday, with U.S. oil dropping more than 2%, as a spike in new coronavirus cases in the United States raised concerns over a second wave of the virus which would weigh on the pace of fuel demand recovery.
Australia's Centuria Capital Group on Monday said it intends to buy the remaining shares of New Zealand's Augusta Capital Ltd for NZ$130 million ($83.5 million), months after pulling its previous takeover offer amid volatile market conditions.
(RTTNews) - The Taiwan stock market has moved lower in two straight sessions, declining almost 300 points or 2.8 percent along the way. The Taiwan Stock Exchange now rests just beneath the 11,430-point plateau and it's got a positive lead for Monday's trade.
The Australian and New Zealand dollars fell against their U.S. counterpart on Monday after fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk.
Australia's Healius Ltd agreed on Monday to sell its primary care business, which includes large scale medical centres and dental practices, to funds managed by private equity firm BGH Capital for A$500 million ($342 million).
(RTTNews) - The Singapore stock market has finished lower in consecutive trading days, retreating more than 115 points or 4 percent in that span. The Straits Times Index now rests just beneath the 2,685-point plateau although it may find its footing on Monday.
(RTTNews) - The Malaysia stock market has moved lower in back-to-back trading days, sinking almost 30 points or 1.9 percent in that span. The Kuala Lumpur Composite Index now rests just above the 1,545-point plateau although it's looking at a higher open on Monday.
The board of directors of Colgate-Palmolive (NYSE: CL), one of the stock market's sturdiest dividend payers, has declared its latest quarterly shareholder distribution. The company announced it will hand out $0.44 per share on Aug. 14 to stockholders of record as of July 20. At
Harvest Health & Recreation (OTC: HRVSF) and Hightimes Holding are modifying the terms of a recent agreement. Fewer assets are now involved in the deal, and the price is lower. Under the new terms, Harvest will sell 10 currently operational and planned dispensaries in Califo
The COVID-19 pandemic hurt just about every aspect of lululemon athletica's (NASDAQ: LULU) business over the last few months. Store closures pushed revenue lower and sent expenses rising as a percentage of sales, the apparel specialist revealed in its first-quarter earnings repo
In yet another signal that Tesla (NASDAQ: TSLA) is getting better at manufacturing, the company's March-launched Model Y crossover is already beginning an international expansion, starting with Canada. The first deliveries of the vehicle in the market started last week. The Mode
Stocks fell hard last week as investors reconsidered the optimism behind the recent rally. Both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 index (SNPINDEX: ^GSPC) shed over 5% after indexes had briefly returned to positive territory for the year. The
It's hard to come up with a more impressive investor than Warren Buffett (or a more impressive person, period). Check out his record: Shares of his company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), increased in value by more than 2.7 million percent between 1965 and 2019
If you're willing to take a gamble, I like the odds on MGM Resorts (NYSE: MGM) making a full recovery from its recent collapse. The global casino industry was hit hard by the coronavirus pandemic as resorts were one of the first businesses ordered closed by officials to control
Hardly anyone is surprised at the performance of Netflix (NASDAQ: NFLX) stock over the past several months. Shares are up nearly 30% since the start of 2020 compared to a 6% decline for the S&P 500 in the same period. This was a direct result of the stay-at-home orders that
On March 12, Amazon.com (NASDAQ: AMZN) was worth $834 billion. That's a hefty sum. But what happened next is unprecedented. The stock climbed 60%, adding $450 billion in value. How much is that? It's more than Tesla, Toyota, and General Motors are worth combined -- all creat
Investors shouldn't settle for just an average dividend stock, certainly not during the COVID-19 pandemic when many dividend stocks are proving to be unstable. Instead, investors should look for great dividend stocks -- ones that offer sustainable payouts that are also safe, pay
Uber (NYSE: UBER) recently abandoned its bid for Grubhub, which would have merged the third and second largest food delivery platforms in America, respectively, to challenge market leader DoorDash.
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