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Virus, Fan Eagerness May Spur Sports Wager, Casino Expansion

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For the companies on this Part 13(b)(i), the provisions of Section 14.2 (United States) apply. You might not take away, obscure, or …

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Pilgrim’s sees US investments as key to growth

GREELEY, COLO. — As part of its second-quarter earnings report, Pilgrim’s Pride Corp. announced that it would be making new investments in the US market.

Fabio Sandri, chief executive officer of Pilgrim’s, said the investments included an expansion of the Athens, Ga., facility which would enhance service levels and support the growth of a key customer.

“It also includes funding for operational excellence improvements via automation throughout our US footprint and construction of a protein conversion plant for pet food ingredients in Georgia,” he added.

Pilgrim’s also committed to the development of a prepared foods facility in the Southeastern part of the United States.

“Taken together, these investments will simultaneously enable sufficient capacity for top-line growth with our key customers, enhance operating margins, create value for our shareholders, and provide opportunities for a better future for our team members,” Mr. Sandri said.

Net income at Pilgrim’s in the second quarter

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Fox News, Once Home to Trump, Now Often Ignores Him

It’s been more than 100 days since Donald J. Trump was interviewed on Fox News.

The network, which is owned by Rupert Murdoch and boosted Mr. Trump’s ascension from real estate developer and reality television star to the White House, is now often bypassing him in favor of showcasing other Republicans.

In the former president’s view, according to two people who have spoken to him recently, Fox’s ignoring him is an affront far worse than running stories and commentary that he has complained are “too negative.” The network is effectively displacing him from his favorite spot: the center of the news cycle.

On July 22, as Mr. Trump was rallying supporters in Arizona and teasing the possibility of running for president in 2024, saying “We may have to do it again,” Fox News chose not to show the event — the same approach it has taken for nearly all

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Chipotle investing in ‘fundamentals’ | Food Business News

NEWPORT BEACH, CALIF. — Chipotle Mexican Grill, Inc. is investing in “being brilliant at the basics” after the fast-casual chain experienced a slowdown in sales during the latter half of the recent quarter, said Brian R. Niccol, chairman and chief executive officer. A newly launched operations initiative focuses on retraining employees on the fundamentals of the business.

“These fundamentals include having great culinary prepared and ready to serve, open to close in a food-safe environment, ensuring that restaurants are staffed and appropriately deployed across both the digital make-line and front make-line; improving order accuracy and timing for the digital business; and increasing throughput in hospitality for the in-store business,” Mr. Niccol outlined during a July 26 earnings call.

Net income for the second quarter ended June 30 was $259.9 million, equal to $9.32 per share on the common stock and up 12% from net income of $188 million, or $6.68

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Bunge raises EPS outlook through 2026

ST. LOUIS — Building on its increased mid-cycle earnings baseline of $8.50 per share, approximately $3.3 billion of projected future investments in growth capital expenditures and M&A, and an allocation of approximately $1.25 billion for share repurchases, Bunge introduced an earnings framework of approximately $11 per share by the end of 2026 in its discussion of second-quarter results on July 27.

“The incremental earnings from capital that we’re deploying should enable us to perform at a higher level in a mid-cycle environment,”  Gregory A. Heckman, chief executive officer, said during a July 27 conference call with analysts. “As a result, we’re providing a four-year earnings growth framework of approximately $11 per share by the end of 2026. This growth framework includes the increased earnings baseline of $8.50, plus the future benefits of investments in the business and share repurchases.”  

Based on the strength of second-quarter results and the current market

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Rabobank analyst: Grain market to be based on fundamentals

KANSAS CITY — A Rabobank analyst said the war between Russia and Ukraine has caused the global grain market to rally sharply, first surging toward record prices at the start of the war and then dropping sharply on rumors that the two countries would sign an agreement allowing Ukraine to ship grain out of its southern ports, which had been blockaded by the Russians since the start of the war in February.

Steve Nicholson, global sector strategist for Grains & Oilseeds at Rabobank, told World Grain that if the deal, signed July 22, holds — and there’s legitimate concerns that it won’t after Russia fired missiles at the Port of Odesa less than 24 hours after the agreement was signed — he believes price movement on the grain market will be based more on fundamentals, meaning the basic concept of supply and demand, and less on fear-based psychological factors.

“If

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