Cal-Maine Foods has reached a settlement with the U.S. Department of Justice and 17 states' attorneys general after a 15-month investigation into alleged price manipulation in the egg industry. The company denies any wrongdoing but agreed to pay $1.5 million and donate 30 million eggs to food banks as part of the resolution. No fines or penalties were assessed, and Cal-Maine will implement new compliance measures. This agreement allows the company to focus on supplying affordable eggs amid fluctuating market conditions and recent supply challenges.
Mowi ASA has agreed to sell its Canada East salmon farming operations, totaling 9,000 GWT, to Cooke Inc. for CAD 225 million. This divestment aims to streamline Mowi's farming portfolio and concentrate on its main farming areas. The sale is expected ...
Sigenergy has started construction on Phase II of its Nantong Intelligent Energy Center and a new joint venture production facility with Xianghua Hardware Technology. This expansion will increase its manufacturing base to nearly 400,000 square meters...
JPMorgan Chase announced a 10% increase in its dividend alongside a new $50 billion share buyback program. This move follows the bank successfully passing the Federal Reserve's stress test, signaling strong financial health. The dividend hike and buy...
Ero Copper Corp. held its Annual General and Special Meeting of Shareholders with 82.98% of shares represented. Shareholders re-elected all ten directors, re-appointed KPMG as auditor, and approved amendments to the company's stock option and share u...
Michael Saylor's company Strategy has shifted its approach by launching a $2 billion share buyback plan and authorizing a one-time Bitcoin monetization program. This allows the company to sell some of its Bitcoin holdings to strengthen cash reserves,...
