Hormel Foods (HRL) reported adjusted EPS of $0.44, which fell short of estimates of $0.45, in fiscal Q2 2018. Hormel Foods’ second-quarter gross margin was 21.3%, a contraction of 100 basis points from the previous quarter. Increases in the cost of goods proved a drag on the company’s gross margin.
Hannah Snellgrove is in the condition of her life heading to the Semaine Olympique Francaise and knows the event will act as her biggest marker ahead of her Olympic debut.
The U.S. Federal Trade Commission (FTC) is expected on Tuesday to approve a rule that would ban agreements commonly signed by workers not to join their employers' competitors, which it says limit worker mobility and suppress their pay. The five-member FTC, which enforces antitrust laws and currently has a Democratic majority under President Joe Biden, is scheduled to meet later on Tuesday to vote on the rule first proposed in January 2023. The FTC, Democrats and worker advocates who support the rule say it is necessary to rein in the increasingly common practice of requiring workers to sign so-called "noncompete" agreements, even in lower-paying service industries such as fast food and retail.
For the Second Year in a Row, Annual Research Finds Managing Risk is the Most Important Factor for Background Screening ProgramsATLANTA, April 23, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ:FA), a leading provider of employment background screening, identity and verification solutions, today shared findings from its 2024 Global Trends Report. The latest edition of the proprietary research is the Company’s most comprehensive yet, offering a worldwide perspective based on over 10
Protesters at NYU and Yale are arrested while Columbia cancels in-person classes for safety.
Spotify on Tuesday reported quarterly monthly active users (MAU) of 615 million, missing its own estimates, as the Swedish music streaming company spent less on marketing activities to draw in more listeners. First-quarter MAUs rose 19%, but missed Spotify's own guidance and a median of analysts' forecasts of 618 million. Premium subscribers, who account for most of the company's revenue, rose by 14% to 239 million, in line with estimates, according to IBES data from LSEG.
United Parcel Service reported a decline in first-quarter profit on Tuesday, as margins came under pressure from subdued demand for small-package delivery and higher costs tied to a new labor contract with the Teamsters union. Delivery companies such as UPS and FedEx have seen demand normalize following a boom during the pandemic, when home-bound consumers were forced to shop online. A new labor contract with the Teamsters union is also squeezing the Atlanta-based company's profit.
Fintech lender Affirm has started quietly offering "buy now, pay later" (BNPL) loans for elective medical procedures, in a major push beyond its core e-commerce market, the company told Reuters. Over the past year, Affirm has more than doubled the number of elective medical merchants on its network, reaching around 130 at of the end of 2023. The San Francisco-based company is hoping to tap growing consumer demand for financing for cosmetic treatments, dental services, medical devices and veterinary procedures.
Delivery companies such as UPS and FedEx have seen demand normalize following a boom during the pandemic, when home-bound consumers were forced to shop online. A new labor contract with the Teamsters union is also squeezing the Atlanta-based company's profit.
Forget Pret, say no to Nero and wish goodbye to Gail’s — this is where to find the very best coffee in London
Consumers have remained resilient and shelled out money for PepsiCo's Lays chips and 7UP products across the company's international markets, helping offset a slowdown witnessed in its major market United States. Several rounds of price hikes in the U.S. have led consumers in the region to push back on the company's sodas and juices as sticky inflation makes customers cautious with their spending. PepsiCo's average prices jumped 5% for the quarter ended March 23, while organic volume slipped 2%.
A four-year-old girl was said to be in a critical condition
COMMENT: Why does blame always lay with the ‘other woman’, asks Katie Edwards
Interior Design Masters host Alan Carr has set the record straight.
PepsiCo beat Wall Street expectations for first-quarter revenue on Tuesday as demand held steady for the soda and snacks giant's Tropicana juices and Cheetos in its international markets. Consumers have remained resilient and shelled out money for PepsiCo's Lays chips and 7UP products across the company's international markets, helping offset a slowdown witnessed in its major market United States. PepsiCo's average prices jumped 5% for the quarter ended March 23, while organic volume slipped 2%.
Phil Foden and girlfriend Rebecca Cooke have confirmed that they are expecting their third child together. The Manchester City midfielder, 23, and his childhood sweetheart, 22, threw a lavish baby shower at Stockport Country Football Club in Manchester over the weekend to celebrate the happy news. In images shared to their five-year-old son Ronnie’s official Instagram account, the proud parents-to-be could be seen posing with the youngster and their one-year-old daughter True in front of a large blue and white balloon arch and large LED letters that spelt “Baby Foden”.
NEW YORK, April 23, 2024 (GLOBE NEWSWIRE) -- Neo-Concept International Group Holdings Limited (Nasdaq: NCI) (the “Company”), a one-stop apparel solution services provider, today announced the pricing of its initial public offering (the “Offering”) of 2,320,000 ordinary shares (the “Ordinary Shares”) on April 22, 2024, at a price of $4.00 per Ordinary Share. The Ordinary Shares are expected to begin trading on the Nasdaq Capital Market on April 23, 2024 under the symbol “NCI.” The Offering is exp
Jitterbit’s promotions include special offers for organizations using NetSuite and Shopify for ecommerce; first-ever Vinyl 'Build Fast’ Bundle for turnkey web and mobile application developmentALAMEDA, Calif., April 23, 2024 (GLOBE NEWSWIRE) -- Jitterbit, a global leader in empowering business transformation through hyperautomation, today announced company-first promotions for organizations accelerating business transformation through integration, automation, and web and mobile application devel
OAK RIDGE, Tenn., April 23, 2024--X Energy, LLC ("X-energy") has been awarded a $148.5 million tax credit for the construction by its wholly-owned subsidiary, TRISO-X LLC ("TRISO-X"), of a first-of-a-kind advanced nuclear fuel fabrication facility ("TX-1") in Oak Ridge, Tennessee. Funded by the Inflation Reduction Act of 2022, the award is part of the Qualifying Advanced Energy Project Tax Credit (48C) program jointly administered by the U.S. Department of Energy ("DOE"), the U.S. Department of
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