Cal-Maine Foods profit jumps eightfold, sales more than double as egg prices rise

Cal-Maine Foods Inc. on Tuesday reported that sales more than doubled and its profit increased eightfold in the third quarter, as prices for eggs rose significantly and even as avian bird flu continued to affect egg production. Cal-Maine Foods CALM, -1.81% shares rose about 4% after hours, after falling 1.8% in the regular session to … Read more

The human cost of bank failures

Most investors caught wind of the trouble at Silicon Valley Bank on March 8 or 9, before it was shut down by California regulators on March 10. The bank’s liquidity problems set off a wave of trouble for other banks that weren’t ideally positioned for the rising-interest-rate environment. But an important part of the story … Read more

RSS Chief Advises Farmers To Adopt Cow-Based Farming, Says It’s Necessary

RSS Chief Advises Farmers To Adopt Cow-Based Farming, Says It

Mohan Bhagwant also urged farmers to shun the use of chemicals (File) Meerut, Uttar Pradesh: Changing farming methods is necessary not only for India but the world, RSS chief Mohan Bhagwat said on Sunday and advised farmers to adopt cow-based farming. The Rashtriya Swayamsevak Sangh (RSS) leader was speaking at a farmers’ conference organised by … Read more

Bank stocks whipsawed last week but bank profit estimates barely budged

Anna Vocino, the founder and chief executive of Eat Happy Kitchen in Santa Ynez, Calif., said she experienced Silicon Valley Bank’s collapse this way: On the morning March 10, she’d logged in to the bank system there to set up bill payments that were due that Monday. Then, her husband told her the media was … Read more

Phillippe Aumont goes from farming to low 90s in a flash with Canada at WBC

PEORIA, Ariz. — Phillippe Aumont is out to score goals on the ice and one night in early January, he drove the net looking to snipe when a smallish defender dangerously took his legs out. All six-foot-seven, 265 pounds of the former-pitcher-turned-farmer dropped to the ice and while the referee’s arm went up to signal … Read more

From Shilpa Shetty To Kangana Ranaut: Bollywood Celebs Who Love Farming

Last Updated: March 04, 2023, 12:07 IST The ‘Bhai’ of Bollywood often spends time on his farmhouse in Panvel. Some stars enjoy giving up their fancy life once in a while and opt for unconventional pastimes or hobbies like farming. Bollywood is often synonymous with a lavish and glamorous lifestyle. Fans believe the film industry’s … Read more

AB InBev fourth quarter net profit beats forecasts; dividend raised

Anheuser-Busch InBev SA ABI, -1.07% said Thursday that fourth-quarter net profit rose above market expectations, supported by revenue growth despite a fall in volumes, and raised its dividend payout. The world’s largest brewer–which houses the Stella Artois and Budweiser brands among its portfolio–reported a net profit of $2.84 billion, up from $1.96 billion in the … Read more

Cannabis company Green Thumb beats revenue estimate but posts loss on noncash impairment

Green Thumb Industries Inc. posted a fourth-quarter loss on noncash impairments but managed to beat its revenue target as it built up its balance sheet despite headwinds in the sector. Green Thumb’s GTBIF, +0.60% GTII, -0.44% stock rose 0.6% on Wednesday. The company late Tuesday said it lost $51.22 million, or 22 cents a share, … Read more

Why orange juice is getting expensive

Extreme weather, including an unexpected freeze in January 2022, and an incurable citrus disease that has affected orange groves have caused the cost of O.J. to rise. This is adding to the strain on household budgets already being squeezed by an overall rise in the U.S. cost of living. The cost of non-frozen, non-carbonated juices … Read more