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Asian Stock Markets Mixed Ahead of Fed Policy Announcement, Softer Oil Prices

Asian stock markets were mixed Wednesday as traders awaited the policy statement by the US Federal Reserve, due later Wednesday. Softer oil prices following a rally undercut energy issues. Hong Kong declined, Shanghai gained, and Tokyo edged back, while regional exchanges were similarly mixed. In Japan, the Nikkei 225 opened […]

Kraft Heinz Shares Sink on Mixed Second-Quarter Results

The Kraft Heinz Company (KHC) shares retreated on Thursday as the company reported mixed results for its fiscal second quarter, with sales missing expectations and the company’s chief executive saying there’s “significant work” that needs to be done. Sales for the three months ended June 29 slowed to $6.41 billion […]

Tyson Gains as Earnings Guidance Maintained Despite Third-Quarter Sales Miss

Tyson Foods (TSN) rose Monday morning after the food company maintained its earnings guidance for the year despite fiscal third-quarter sales missing expectations. The Springdale, Ark.-based company said it still expects to post adjusted per-share earnings between $5.75 and $6.10 for fiscal 2019. Capital IQ expects $6.04. Sales for the […]