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TOP STORIES McDonald's Hit by Data Breach -- 2nd Update McDonald's Corp. said hackers stole some data from its systems in markets including the U.S., South Korea and Taiwan, in another...
TOP STORIES Concerns Over Meat Supply Ebb as JBS Plants Reopen After Cyberattack SYDNEY -- Production at JBS SA meat-processing plants in Australia is coming back online faster than...
LIVESTOCK HIGHLIGHTS : Top Stories of the Day 05/27/2021 | 05:38pm EDT Send by mail : Message : Sanderson Farms 2Q Profit Surges As Poultry Markets Improve Sanderson Farms Inc. reported a big rise in profit from a year earlier as net sales rose substantially amid an improvement in poultry markets. Net income at the company rose to $96.9 million, up from $6.1 million a year ago. Earnings were $4.34 a share, up from 28 cents a share. Earnings beat estimates from FactSet. Surging Commodities Could Delay Chicken-Wing Cavalry -- Market Talk 11:41 ET - US restaurants are clamoring fo...
LIVESTOCK HIGHLIGHTS : Top Stories of the Day 05/21/2021 | 05:07pm EDT Send by mail : Message : Corn Prices Threaten Ranchers' Returns -- Market Talk 1131 ET - Corn slides today, but it remains about 40% higher for the year, bringing the prospect of an impact on beef producing costs, Purdue University's Michael Langemeier says. "The large increase in corn prices since the first of this year, holding all else constant, is expected to reduce cattle finishing net returns by approximately $90 per head in the third and fourth quarters of 2021." Langemeier says the scenario could change along...
LIVESTOCK HIGHLIGHTS: Top Stories of the Day 05/12/2021 | 05:20pm EDT Send by mail : Message : Wendy's 1Q Profit, Sales Rise Wendy's Co. said its profit rose for the first quarter, driven by higher sales at company-operated restaurants, an increase in franchise-royalty revenue and an increase in advertising funds. The fast-food chain on Wednesday posted net income of $41.4 million, compared with $14.4 million in the prior year. Earnings were 18 cents a share, compared with 6 cents a share in the year-ago period. Restaurants, Retailers Consider Cell-Based Chicken on Menus -- Market ...