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Tyson Foods’ Says Reintroducing Antibiotics Yields Healthier Chickens

By Shivani Kumaresan
May 16, 11:21 AM
Tyson Foods Inc. (NYSE: TSN) reports improved poultry health after reintroducing certain antibiotics, resulting in better weight gain and reduced mortality rates. CEO Donnie D. King notes this shift, part of a broader efficiency strategy, has strengthened their chicken business. Tyson remains committed to avoiding antibiotics critical to human medicine, reflecting its balanced approach amid rising costs and surplus supply.

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Honda Commits $65B To Electrification By 2030

By Shivani Kumaresan
May 16, 11:01 AM
Honda Motor Co. Ltd (NYSE:HMC) is set to invest $65 billion in electrification and software development over the next decade, doubling its previous commitment. CEO Toshihiro Mibe highlighted the necessity of this investment for battery supply and cost reductions. Starting in 2026, Honda will launch new EVs with a 300-mile range and advanced e-axle technology, aiming for a 20% reduction in battery costs by 2030.

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Why Is Winter Clothing Maker Canada Goose’s Stock Soaring Today?

By Shivani Kumaresan
May 16, 9:13 AM
Canada Goose Holdings Inc shares are rising after the company reported strong Q4 FY24 earnings. Sales grew 22% Y/Y to C$358 million, beating estimates. DTC revenue increased 19%, while gross profit rose 22% to C$233 million. Adjusted EPS of C$0.19 surpassed expectations. Inventory dropped 6% Y/Y, and the company opened three new stores, totaling 68 by fiscal year-end.

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