Some U.S. companies took immediate steps to enter the Cuban marketplace after Obama's move to end the trade embargo. The NYT reports.» Read More
The move by districts in New York City, Los Angeles, Chicago, Dallas, Miami-Dade County and Orlando County is intended to protect children's health amid concerns about the rise of so-called "superbugs," bacteria that gain resistance to conventional medicines, school officials said. School officials are demanding the change after meeting with industry experts...
Sept 3- Perdue Foods said on Wednesday it has stopped using antibiotics at its chicken hatcheries, completing a five-year effort aimed at curbing the unnecessary use of antibiotics.
"By no longer using any antibiotics in our hatcheries or any human antibiotics in feed, we've reached the point where 95 percent of our chickens never receive any human antibiotics," said Bruce Stewart-Brown, Perdue Foods' senior vice president of food safety, quality and live operations.
Aug 12- The U.S. Department of Justice's Antitrust Division has asked Tyson Foods Inc and Hillshire Brands Co for additional information related to Tyson's $7.7 billion offer for the maker of Jimmy Dean sausages. Tyson in June outbid JBS SA's Pilgrim's Pride with a $63 per share offer for Hillshire in what would be the biggest deal yet in the global meat business.
Putin earlier signed an order banning or limiting imports of agricultural products from countries which have imposed sanctions on Russia.
WASHINGTON, July 31- The U.S. Department of Agriculture announced on Thursday reforms to decades-old processes for inspecting poultry facilities in a bid to cut down on the number of foodborne illnesses, but dropped an industry-backed plan to speed up production.
July 28- Tyson Foods Inc said on Monday it would sell its Mexican and Brazilian poultry businesses to JBS SA for $575 million and use the proceeds to pay down debt from its pending $7.7 billion purchase of Hillshire Brands Co..
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said on Monday it would sell its Mexican and Brazilian poultry businesses to bigger global rival JBS SA's Pilgrim's Pride for $575 million.
July 28- Tyson Foods Inc, the biggest U.S. meat processor, said it would sell its Mexican and Brazilian poultry businesses to JBS SA, the world's No. 1 meat producer, for $575 million. The company said it would use proceeds from the sale to pay down debt associated with its $7.7 billion acquisition of Hillshire Brands Co, which is expected to close in the current quarter.
Tyson outbid Pilgrim's Pride Corp with its $63 per share offer for Hillshire, valuing the Jimmy Dean sausages maker at $8.55 billion. The Cherokee plant will close on Sep. 27, while the Buffalo and Santa Teresa plants are expected to stop operating in the first half of 2015, the company said.
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Tyson Foods announced on Monday it has acquired Hillshire Brands in a deal it valued at about $8.55 billion.
Some of Monday's midday movers:
Some of the names on the move ahead of the open.
Hillshire Brands is expected to declare Tyson the victor of a bidding war over itself, people briefed on the matter said on Sunday.
Although you may search the market far and wide for value, sometimes the best plays are right under your nose.
A day after records were set, traders found few reasons to buy.
When you get a powerful trend, Jim Cramer says embrace it. Following are 4 powerful trends.
Stocks eased off their lows but still closed in the red in lackluster trading Tuesday a day after the Dow and S&P 500 hit fresh highs.
U.S. futures pointed to a lower open Tuesday as investors looked to take a breather after the Dow and S&P 500 hit all-time highs.