— 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.
The pandemic-induced financial uncertainties have changed the dynamics of the consumer lending market. Customers are being drawn to online lending platforms that provide easy access to credit on convenient terms
While bitcoin and other digital currencies have seen a fair share of ups and downs so far this year, investor interest in cryptocurrency has grown undeniably during this period. The
Software giant Oracle Corporation (NYSE: ORCL) reported a 28% growth in fourth-quarter earnings, aided by an increase in revenues. The results also topped Wall Street's prediction. At $11.2 billion, revenues