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Instablog9ja
31 m
14
Singer Harrysong has vowed to expo§e someone who for3ed their way using ‘juju and wit3hcraft’ into his beautiful world only to tear it down.
He said the world deserves to know the truth about the fellow, who played him and for3ed his way into his peaceful and beautiful world. Is he a thre@t to their devili§h kingdom.
Instablog9ja
2 hrs
9
Vice-President Kashim Shettima has taken a detour and returned to Nigeria, thereby aborting his planned trip to the United States of America to attend the 2024 US-Africa Business Summit in Dallas, Texas.
Stanley Nkwocha, Senior Special Assistant to The President on Media & Communications in a statement on Monday said the Minister of Foreign Affairs, Ambassador Yusuf Maitama Tuggar, will now represent President Bola Ahmed Tinubu Summit in Dallas, Texas.
The presidential Aide disclosed that Vice President Kashim Shettima who was originally scheduled to represent the President was unable to make the trip “following a technical fault with his aircraft, forcing him to make a detour on the advice of the Presidential Air Fleet.”
He also added that the Vice President will carry on with other national duties. Part of the statement also said: “The high-profile summit, taking place at the Kay Bailey Hutchison Convention Center, will bring together political and business leaders from across Africa, the United States, and other regions. It features high-level dialogues, networking sessions, and plenaries.”
Among the African heads of state expected are President Joseph Boakai of Liberia, President Lazarus Chakwera of Malawi, President Joao Lourenço of Angola, President Mokgweetsi E.K. Masisi of Botswana, President José Maria Neves of Cabo Verde, and Deputy Prime Minister Nthomeng Majara of Lesotho. The US-Africa Business Summit aims to foster economic cooperation and explore investment opportunities between the United States and African countries.
Rambo
2 hrs
12
Investopedia
5 hrs
9
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U.S. equities gained at midday Monday amid optimism about potential Federal Reserve interest rate cuts in the wake of Friday's jobs report. The Dow, S&P 500, and Nasdaq were all higher.
Paramount Global (PARA) shares gained amid reports the media and entertainment company will discuss a possible takeover bid from Sony and Apollo Global Management.
Shares of Micron Technology (MU) jumped after Baird upgraded the stock, saying it sees meaningful opportunities for upside after shares fell recently.
Berkshire Hathaway (BRK.A, BRK.B) shares advanced as the conglomerate run by Warren Buffett posted a jump in operating income and said its cash holdings were at an all-time high.
Tyson Foods (TSN) shares sank after the giant meat processor said full-year beef and pork operating income would be lower than previous guidance as consumers are pressured by inflation and commodity costs rise. Its chief executive also warned of macroeconomic headwinds in its earnings call.
Shares of Spirit Airlines (SAVE) plummeted after the discount carrier reported a bigger-than-expected loss for the first quarter and its guidance missed estimates on slowing demand for domestic flights.
Shares of Steel Dynamics (STLD) and several other steel makers slid after European regulators approved Nippon Steel’s $14.9 billion purchase of U.S. Steel (X). U.S. Steel shares climbed.
Oil and gold futures rose. The yield on the 10-year Treasury note was little changed. The U.S. dollar lost ground to the euro and pound, but gained on the yen. Prices for most major cryptocurrencies fell.
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Tyson Stock Slips As CEO Warns Of Macroeconomic Headwinds
Tyson Foods (TSN) Shares Slumped In...
Investopedia
10 hrs
15
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Tyson Foods (TSN) shares slumped in intraday trading Monday as "macro environment" concerns raised by its chief executive in its earnings call offset higher-than-forecast quarterly profit.
Tyson reported adjusted earnings per share (EPS) of 62 cents for its fiscal second quarter, nearly double the consensus estimate compiled by Visible Alpha, and a turnaround from the loss per share of 4 cents it registered in the same period last year. Revenue declined over the year by 0.5% to $13.07 billion, just short of forecasts.
The company, however, forecast an adjusted operating loss of between $100 million and $400 million for its beef unit this fiscal year. Last quarter, it projected the unit to range from breakeven to a $400 million adjusted operating loss in fiscal 2024.
It also expects its pork division to post adjusted operating income of $50 million to $150 million in fiscal 2024 and its chicken unit to report adjusted operating income of $700 million to $900 million.
Chief Executive Officer (CEO) Donnie King said Tyson is "not immune to the macro environment" in the company's earnings call Monday.
The company has shuttered six chicken processing facilities since last year.
Tyson shares were down 7% to $57.54 as of about 1 p.m. ET.
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Instablog9ja
11 hrs
10
Actress Etinosa has told her junior colleague, Pere, that she is not his mate in this industry ,”after she took to social media to call him out over alleged unpaid debts.
She said although she has being paid her money by a concern citizen, it is wrong to collect money for a movie role and not perform the role. The most dignifying thing to do is to refund the money collected.
