Tow a poultry industry shows slow recovery after avian flu
The Gazette reports Iowa’s poultry sector slowly rebounds from the 2015 avian flu. April 2016 egg output 1.09 billion, down 17 percent from April 2015, while U.S. total April production stood at 8.21 billion. The Iowa study estimates job losses of 8,444 and $427 million in wages plus $145 million in taxes. Ohio and Indiana April egg totals are 751 million and 731 million respectively.
MENTIONED IN THIS ARTICLE
Towa
U.S
Department of Agriculture
National Agricultural Statistics Service
United States
Town
Ohio
Indiana
Chicago Tribune
Forreston
Ill
Oil set for longest monthly gain in five years on supply woes
Oil prices rise as output disruptions from Nigeria to Canada tighten supply and a stronger dollar limits upside. Front month futures gain up to 0.9 percent in New York, eyeing a fourth straight monthly advance amid expectations of limited OPEC action in Vienna and a possible summer move above $60 a barrel.
MENTIONED IN THIS ARTICLE
Nigeria
Canada
New York
United States
Organization of Petroleum Exporting Countries
Vienna
Saudi Arabia
Bloomberg
U.S
Jens Pedersen
Danske Bank
United Arab Emirates
Sultan bin Saeed al Mansoori
OPEC
Morgan Stanley
Consumer spending rises sharply signaling growth acceleration
U S consumer spending rose 1 percent in April the strongest gain since August 2009 as households bought autos and other goods. Core PCE rose 1.6 percent year over year while wages rise and house prices remain firm. Savings fell to 751.1 billion as inflation and labor momentum bolster a possible Fed rate hike.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
John Ryding
RDQ Economics
New York
Janet Yellen
Commerce Department
U.S
Atlanta Fed
Gus Faucher
PNC Financial
Pittsburgh
Dell 2013 buyout ruled below fair value in Delaware
A Delaware judge found Dell Inc and Silver Lake underpriced the 2013 24.9 billion buyout by about 22 percent. Fair value was 17.62 per share versus 13.75, with potential tens of millions owed to investors who opposed the deal. Appeals possible and about 5.2 million shares remain eligible for appraisal.
MENTIONED IN THIS ARTICLE
Wilmington
Del
Michael Dell and
Silver Lake Partners
Dell Inc
Delaware
Dell
Travis Laster
Court of Chancery
Also Mentioned on This Page
George C. Ford
the Gazette
Reuters
Springdale
Ark
T Rowe Price
Stuart Grant
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