The Latest Breaking News from PPC

The Fed officials are supporting another big rate hike this month to tame inflation, adding to the recession worries. Amid the recessionary pressures, consumers turn their spending to necessary items like food. Hence, we think food makers Pilgrim’s Pride (PPC) and Sanderson Farms (SAFM) might be solid buys. Read on….

The U.S. equity market has experienced elevated volatility lately amid record-high inflation, increased possibility of the Fed’s drastic interest rate increases to bring price stability, and growing recession fears. As the U.S. economy is slowly sliding into a recession, fundamentally strong consumer discretionary stocks UnitedHealth (UNH), Assurant (AIZ), Pilgrim’s Pride…

The Public Prosecutors Commission (PPC) has voted unanimously to discharge Nate Naksuk, a former deputy attorney general, from the civil service over his controversial decision to drop charges against the Red Bull scion in the infamous 2012 hit-and-run case.

Pilgrim's Pride stock is Stock Of The Day. Tyson Foods reported strong earnings as consumers accepted food price hikes.