— Tyson Foods, Inc. (NYSE: TSN) reported earnings of $1.66 per share in the fourth quarter of 2019, vs $1.65 per share expected.
— Total sales rose 6% to $10.8 billion, driven by pork and chicken. This was below the analysts’ projection of $11.04 billion.
— For fiscal 2020, company expects capital expenditures to be approximately $1.3 billion.
— TSN shares fell 1.6% immediately following the announcement.
Levi Strauss & Co. (NYSE: LEVI) reported a 4% increase in earnings for the first quarter of 2020 helped by lower income tax expenses despite a rise in operating expenses.
The recent travel restrictions have taken a heavy toll on the tourism industry, leaving almost all destinations deserted. Vail Resorts Inc. (NYSE: MTN), a leading operator of mountain ski resorts,
Shares of Boeing Co. (NYSE: BA) were up 13% in afternoon hours on Monday. The stock is down 63% from its 52-week high of $391. As the aviation industry suffers