Top News & Analysis Kansas

  • CHICAGO, Feb 25- Chicago Mercantile Exchange live and feeder cattle futures fell sharply for a second consecutive day on Tuesday as fears of a coronavirus pandemic stoked concerns about demand and slower global economic growth. At any cost, funds are liquidating their long cattle positions, with the stock market down 5% to 6% in two days, "said Jeff French, analyst...

  • NEW YORK, Feb 21- Private equity firm New Mountain Capital LLC is exploring a sale of OneDigital, which could value the U.S. employee benefits and insurance broker at more than $2 billion, including debt, people familiar with the matter said on Friday. OneDigital generates around $150 million of 12- month earnings before interest, tax, depreciation and...

  • Feb 21- The private equity owner of HighTower Advisors is exploring ways to cash out of the largest registered investment adviser in the United States, including through a potential sale of the company, people familiar with the matter said on Friday. Thomas H. Lee Partners is consulting with advisers about a partial or full divestment of its majority stake in...

  • NEW YORK, Feb 12- SelectQuote has hired investment banks for an initial public offering that could value the owner of the eponymous insurance policy comparison website at more than $2 billion, including debt, according to people familiar with the matter. Overland Park, Kansas- based SelectQuote did not respond to a request for comment. Among SelectQuote's...

  • CHICAGO, Feb 11- U.S. live cattle futures fell on Tuesday, with the benchmark April contract touching its lowest since late September on falling cash cattle prices and worries about the impact of the coronavirus outbreak in China, traders said. Cash cattle traded lightly in Kansas and Nebraska at $119 to $120 per cwt, traders said, down $1 to $2 from the bulk of last...

  • Benchmark April lean hog futures on the Chicago Mercantile Exchange settled up 1.375 cents at 66.250 cents per pound. The market continued to react to comments from a Tyson Foods Inc executive about surging pork demand from China, where an outbreak of African swine fever has devastated the Chinese hog herd, tightening pork supplies. Tyson Chief Executive Noel...

  • WASHINGTON, Feb 7- U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment. The Labor Department's closely watched monthly employment report on Friday, however, showed the...

  • WASHINGTON, Feb 7- U.S. job growth accelerated in January, with unseasonably mild temperatures boosting hiring in weather-sensitive sectors, indicating the economy will probably continue to grow moderately despite a deepening slump in business investment. The Labor Department's closely watched monthly employment report on Friday, however, showed the...

  • CHICAGO, Feb 6- Tyson Foods Inc is shipping meat to China and has additional orders on the books as a fatal pig disease has created a pork shortage there, the company said on Thursday as it reported lower-than-expected quarterly sales. Tyson is competing with other global companies to supply meat to China, the world's largest pork consumer, as an outbreak of...

  • Most of the positions were in corporate offices in Chicago and Springdale, Arkansas, where Tyson is based, the filing said. Net income attributable to Tyson rose to $557 million, or $1.52 per share, in the first quarter ended on Dec. 28, from $551 million, or $1.50 per share, a year earlier. Sales rose 6.1% to $10.82 billion, but fell short of analysts' estimates of $11.04...

  • Feb 6- Tyson Foods Inc missed analysts' estimates for quarterly sales on Thursday, hurt by lower shipments of beef products due to a fire at its Kansas plant in August. Net income attributable to Tyson rose to $557 million, or $1.52 per share, in the quarter ended Dec. 28, from $551 million, or $1.50 per share, a year earlier. Sales rose 6.1% to $10.82 billion, but fell short...

  • Feb 6- Tyson Foods Inc missed analysts' estimates for quarterly sales on Thursday, hurt by lower shipments of beef products due to a fire at its Kansas plant in August. Net income attributable to Tyson rose to $557 million, or $1.52 per share, in the first quarter ended Dec. 28, from $551 million, or $1.50 per share, a year earlier. Sales rose to $10.82 billion from $10.19...

  • *Core capital goods orders fall 0.9% in December. *Core capital goods shipments drop 0.4%. WASHINGTON, Jan 28- New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth.

  • WASHINGTON, Jan 28- New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth. The Commerce Department said on Tuesday orders for non-defense capital goods excluding aircraft, a closely watched...

  • WASHINGTON, Jan 23- The number of Americans filing for unemployment benefits increased less than expected last week, suggesting the labor market continues to tighten even as job growth is slowing. "Employers are not cutting positions outside of the normal churn of the labor market and workers are incredibly confident in their job prospects, and not taking the...

  • BOSTON/ NEW YORK, Jan 21- U.S. midwestern utility Evergy Inc affirmed on Tuesday its faith in its business plan after activist hedge fund Elliott Management Corp urged the firm to improve its performance or consider a merger with another power company. It added that its current plan offered the best returns within the regulatory framework it agreed with...

  • CHICAGO, Jan 16- U.S. lean hog futures on the Chicago Mercantile Exchange fell about 1.5% on Thursday, joining a broad sell-off in agricultural futures that traders attributed to fund selling and uncertainty about the details of a U.S.- China trade agreement signed a day earlier. China agreed to increase purchases of U.S. agriculture products by $32 billion...

  • Work together, "Trump said to Boeing Chief Financial Officer Greg Smith at a White House event to sign the Phase 1 trade deal with China. Last week, Boeing's biggest supplier, Spirit AeroSystems Holdings Inc said it plans to lay off more than 20% of its workforce in Wichita, Kansas, as it grapples with halted production and uncertainty over when 737 MAX jets will...

  • Jan 15- General Motors Co. said on Wednesday more than 1,350 hourly employees at its assembly plants in the United States will transition into full-time roles in the first quarter of 2020.. The employees are from 14 General Motors manufacturing facilities in Michigan, Indiana, New York, Texas, Tennessee, Missouri, Kansas and Kentucky, the company said in a...

  • SEATTLE, Jan 10- Boeing Co's biggest supplier, Spirit AeroSystems Holdings Inc, plans to lay off more than 20% of the workforce at its Wichita-Kansas base as it grapples with halted production and uncertainty over when 737 MAX jets will return to service, according to a company memo seen by Reuters. The memo from Chief Executive Officer Tom Gentile said the...