US Foods Holding downgraded to sector perform from outperform at RBC Capital

1 News Net

1 News - 1 Movies - 1 Music - 1 eBooks - 1 Search

 

Tyson unveils $100 million in one-time bonuses

Tyson Foods Inc. said Thursday it will spend more than $100 million on one-time cash bonuses for workers this year as a result of the new tax law. Recent tax changes also helped the meat producer fatten up its bottom line in its latest quarter, as it recorded a $790 million benefit. The company reported a first-quarter profit of $1.63 billion, or $4.40 a share, compared with $593 million, or $1.59 a share, a year ago.

1 News Net

1 News - 1 Movies - 1 Music - 1 eBooks - 1 Search

 

Leave a Reply