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Cal-Maine Foods, Inc. Completes Acquisition of Assets from Tyson Foods, Inc.
Businesswire· 2024-03-14 20:45
RIDGELAND, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) (“Cal-Maine Foods” or the “Company”), the largest producer and distributor of fresh shell eggs in the United States, today announced it has completed the previously announced acquisition of a broiler processing plant, hatchery and feed mill in Dexter, Missouri, that were closed by Tyson Foods, Inc. (NYSE: TSN) (“Tyson”) in 2023. The Company plans to remodel and repurpose the assets for use in shell egg and egg products production. Sher ...
Cal-Maine Foods (CALM) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-03-12 23:06
Cal-Maine Foods (CALM) ended the recent trading session at $59.34, demonstrating a +1.45% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 1.12%. On the other hand, the Dow registered a gain of 0.61%, and the technology-centric Nasdaq increased by 1.54%. The egg producer's stock has climbed by 4.28% in the past month, falling short of the Basic Materials sector's gain of 5.41% and outpacing the S&P 500's gain of 2.06%. The investment community will be paying close ...
Cal-Maine Foods (CALM) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-03-11 23:21
In the latest trading session, Cal-Maine Foods (CALM) closed at $58.49, marking a +1.12% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.11%. Elsewhere, the Dow gained 0.12%, while the tech-heavy Nasdaq lost 0.41%.The egg producer's stock has climbed by 4.1% in the past month, falling short of the Basic Materials sector's gain of 4.98% and outpacing the S&P 500's gain of 2.7%.Market participants will be closely following the financial results of Cal-Maine F ...
Cal-Maine Foods (CALM) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-03-05 00:01
Cal-Maine Foods (CALM) closed at $56.66 in the latest trading session, marking a +1.54% move from the prior day. The stock's change was more than the S&P 500's daily loss of 0.12%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, lost 0.41%.The egg producer's shares have seen a decrease of 2% over the last month, not keeping up with the Basic Materials sector's gain of 0.72% and the S&P 500's gain of 4.83%.The upcoming earnings release of Cal-Maine Foods will be of great interest to invest ...
Cal-Maine Foods (CALM) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-02-21 00:01
Cal-Maine Foods (CALM) closed at $58.32 in the latest trading session, marking a +1.74% move from the prior day. The stock outpaced the S&P 500's daily loss of 0.6%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.92%.Heading into today, shares of the egg producer had gained 4.11% over the past month, outpacing the Basic Materials sector's gain of 1.35% and the S&P 500's gain of 3.56% in that time.The upcoming earnings release of Cal-Maine Foods will be of great interest to investors.Any r ...
Want $3750 in Passive Income? Invest $7500 in These 7 Stocks
24/7 Wall Street· 2024-02-16 15:45
Want $3750 in Passive Income? Invest $7500 in These 7 Stocks Andrey Maximenko / iStock via Getty Images Work smarter, not harder, says the adage. One way to do that is with passive income, which is derived from ownership rather than labor or active involvement in an enterprise. One of the best ways for investors to create a stream of passive income is by owning stocks with healthy and reliable dividends or distributions.We screened our 24/7 Wall St. dividend equity research database, looking for stocks th ...
5 Agriculture - Products Stocks to Watch in a Challenging Industry
Zacks Investment Research· 2024-02-15 17:01
The Zacks Agriculture - Products industry has been bearing the brunt of high input costs, labor shortage and supply-chain headwinds. The decline in commodity prices adds to the concerns. Nevertheless, increasing consumer awareness regarding food ingredients and the preference for healthier alternatives will support the industry. Alternative agricultural technologies like hydroponics and vertical farming are expected to be other key catalysts, given their inherent benefits.Players like West Fraser Timber Co. ...
Cal-Maine Foods (CALM) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-02-07 00:01
Cal-Maine Foods (CALM) ended the recent trading session at $56.17, demonstrating a +0.52% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.23%. Elsewhere, the Dow saw an upswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.07%.Shares of the egg producer have appreciated by 1.16% over the course of the past month, outperforming the Basic Materials sector's loss of 6.52% and lagging the S&P 500's gain of 5.3%.The investment community will be paying close ...
3 Stocks to Sell as Inflation Cools Down in 2024
InvestorPlace· 2024-01-28 20:05
By the time the United States Federal Reserve convened for its Federal Open Markets Committee (FOMC) meeting in December, federal economic data had already pointed to a sustained cooling in consumer prices. The Consumer Price Index, for example, only rose 3.2%, from a year-over-year (Y/Y) perspective, in October, which was approximately 590 basis points lower than the peak price increase of 9.1% Y/Y in June 2022. That is to say, despite a slight, unexpected rise in CPI in August, consumer prices continued t ...
Cal-Maine Foods(CALM) - 2024 Q2 - Quarterly Report
2024-01-02 16:00
Cal-Maine Foods experienced HPAI outbreaks within our facilities in Kansas, resulting in depopulation of approximately 1.5 million layers and 240 thousand pullets, or approximately 3.3% of our total flock as of December 2, 2023, subsequent to period-end. Cal-Maine Foods believes that we can mitigate the loss of production through flock rotations. Cal-Maine Foods remains dedicated to robust biosecurity programs across our locations; however, no farm is immune from HPAI. HPAI is still present in the wild bird ...