Tyson Foods Rises, Walt Disney Falls, Oracle Gains on Plans to Raise Up to $50 Billion
On this episode of Stock Movers:- Tyson Foods (TSN) shares rise. First-quarter profits benefited from higher beef pricing and healthy chicken demand, even as the company continues to struggle with pressures from a severe cattle shortage. The company's beef business reported a $143 million adjusted operating loss in the quarter, while its chicken segment continued to see year-over-year growth on higher volumes.- Walt Disney (DIS) shares fall. The company reported sales and earnings for its fiscal first quarter that exceed analysts’ expectations, but the company gave a tepid outlook for…
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