Pilgrim's Pride Corporation

Meatpacker JBS USA and chicken company Pilgrim's Pride Corp said on Thursday they will pay $100 to U.S. employees who voluntarily receive a COVID-19 vaccine.

U.S. meatpacker JBS USA and chicken company Pilgrim's Pride Corp said on Thursday they will pay $100 to U.S. employees who receive a COVID-19 vaccine.

Pilgrim's Pride Corp and Tyson Foods Inc said on Monday they have settled price-fixing litigation by a group of poultry buyers that accused them of violating U.S. antitrust law by conspiring to inflate chicken prices.

U.S. fast-food restaurant chain Chick-fil-A sued top chicken suppliers alleging they artificially raised prices on billions of dollars of its purchases in the latest litigation facing the poultry industry.

U.S. poultry company Pilgrim's Pride Corp <PPC.O> said on Wednesday it will pay a $110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on chicken products.

The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, broadening antitrust prosecutions in its probe of the $65 billion poultry sector.

Pilgrim's Pride Corp <PPC.O> said on Wednesday Chief Financial Officer Fabio Sandri would take the role of chief executive officer, replacing Jayson Penn who is exiting the chicken processing company.

Pilgrim's Pride Corp said on Wednesday Chief Financial Officer Fabio Sandri would take the role of chief executive officer at the chicken processing company, replacing Jayson Penn who began a paid leave of absence in June.

Pilgrim's Pride Corp CEO Jayson Penn began a paid leave of absence following his indictment earlier this month on charges of seeking to set a fixed price for chickens with other industry executives, the company said Sunday.

U.S. poultry company Pilgrim's Pride Corp announced on Sunday its President and Chief Executive Officer Jayson Penn has begun a paid leave of absence to focus on his defense of the indictment against him over alleged U.S. chicken price-fixing.

* PILGRIMS PRIDE -ON JUNE 4, LEARNED THAT CEO PENN PLEADED NOT GUILTY TO CHARGES OF ALLEGED PRICE FIXING & OTHER ANTICOMPETITIVE CONDUCT Source text: (https://bit.ly/2YhFWNJ) Further company coverage:

The chief executive of Pilgrim's Pride Corp, a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking to fix the price of chickens, the Justice Department said on Wednesday.

* INFORMED OF AN INDICTMENT AGAINST A CURRENT EXECUTIVE AND TWO FORMER PILGRIM'S EMPLOYEES

Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Digital Realty Trust, Pilgrims Pride and Terraform Power, on Tuesday. HIGHLIGHTS * Digital Realty Trust Inc : Citigroup cuts to neutral from buy * Pilgrims...

Chicken demand from U.S. quick service restaurants has bounced back to near where it was before the coronavirus outbreak caused consumers to isolate at home, poultry company Pilgrim's Pride Corp <PPC.O> said on Thursday.

Chicken demand from U.S. quick service restaurants has bounced back to near where it was before the coronavirus outbreak caused consumers to isolate themselves at home, poultry company Pilgrim's Pride Corp said on Thursday.

Beijing lifted a nearly five-year ban on imports of U.S. poultry meat on Thursday, a move the U.S. Trade Representative said would lead to more than $1 billion in annual shipments to China.

The U.S. Department of Justice has begun a criminal probe into allegations that Tyson Foods Inc and other poultry processors including Pilgrim's Pride Corp and Sanderson Farms Inc colluded to fix poultry prices, court documents show.

Norway's sovereign wealth fund, the world's largest, will vote in favor of a shareholder proposal on reducing water pollution at poultry-maker Pilgrim's Pride Corporation, the $1.1 trillion fund's manager said on Monday.