Cal-Maine Foods Stock Climbs on Strong Earnings, Thanks to Higher Egg Prices
Key Takeaways Cal-Maine Foods shares gained Wednesday, a day after the company reported better-than-expected results on higher egg prices and holiday season demand.The biggest U.S. egg producer also benefited from the acquisition of the production assets of ISE America.
Egg Producer Cal-Maine Stock Surges as Prices Near Record
Cal-Maine Foods’s stock rose about 5% after hours as the nation’s largest egg producer reported stronger-than-expected quarterly profits despite [bird flu roiling the sector](
Cal-Maine Foods' 2Q Rev, Profit Up Sharply on Higher Egg Prices
Cal-Maine Foods said revenue and profit spiked in its fiscal second quarter as consumer demand for eggs outpaced supply, which has been squeezed by recent bird flu outbreaks. The egg producer on Tuesday reported a profit of $219.
Top Stock Movers Now: EBay, Cal-Maine Foods, AMD, and More
Key Takeaways U.S. equites were slightly lower at midday as the market weighed the latest report on private sector employment and waited for the government's jobs report later this week.EBay shares soared when Meta Platforms' Facebook allowed the online retail site to post its listing on the social media site.
Cal-Maine Foods Fiscal Second-Quarter Results Rise Annually Amid Higher Egg Prices, Strong Demand
Cal-Maine Foods (CALM) shares rose early Wednesday as the egg producer's fiscal second-quarter results increased year over year driven by robust demand for shell eggs and higher prices. The company posted net income of $4.
Cal-Maine profits surge on higher egg prices, holiday demand
Reflecting higher egg prices and increased demand during the holiday season, Cal-Maine Foods (NASDAQ:CALM) reported solid fiscal Q2 results, beating Wall Street’s expectations and driving shares up more than 5% in Tuesday’s after-hours trading.
Maine voter ID proponents clear hurdle to ballot
Backers of a plan to require photo identification to vote in Maine elections collected more than 170,000 signatures to put ...
Balancing threats with public access, Maine Capitol Police beef up security
Over the past two years, members of the Maine Capitol Police have visited state capitols across the country, learning how ...
Maine launches Paid Family and Medical Leave Portal for employers
The online system allows employers to register, designate a payroll processor, file quarterly wage reports, and remit ...
Central Maine Healthcare agrees to be acquired by California nonprofit Prime Healthcare Foundation
Central Maine Healthcare, a health care system that serves 400,000 people in the state, announced Wednesday that it will be ...
Flu surging in Maine; COVID-19 prevalence also “very high”
All counties in Maine except Lincoln County were considered to be under a “sustained increase” in flu cases, although most ...
Maine police lieutenant, 2 others seriously injured in head-on crash
A police lieutenant in Maine and two others suffered serious injuries when another driver crashed head-on into his police ...
Maine Public1h
Maine House Speaker Ryan Fecteau on Democrats' legislative priorities this session
Fecteau acknowledges that a more narrow majority for Democrats in the House could affect the goals his party hopes to achieve ...
2 Christian schools argue they shouldn't have to follow Maine's anti-discrimination law
The schools, Crosspoint Church, which operates Bangor Christian Schools, and Auburn's St. Dominic Academy, separately sued ...
Kennebec Journal1h
Maine Lobstering Union settles racketeering lawsuit
The union claims it lost nearly $2 million in an embezzlement scheme by the family that owns Trenton Bridge Lobster Pound.
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Maine high school's no-phone policy transforming classrooms
Could life without cell phones actually bring high schoolers closer together? A Maine school's bold policy is sparking ...