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Tyson, Pilgrim's Pride Strike Deal To Settle Price-Fixing Allegations
Tuesday, January 12, 2021 - 11:10am | 344Read More...Chicken producers Tyson Foods, Inc. (NYSE: TSN) and Pilgrim's Pride Corporation (NASDAQ: PPC) reached an agreement with poultry buyers to settle allegations of price-fixing, The Wall Street Journal reported. What Happened: Tyson, the largest U.S. chicken supplier and Pilgrim, the second-largest...
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KFC Pecks Its Way Into Premium Chicken Sandwich Battle
Thursday, January 7, 2021 - 11:58am | 353Read More...Kentucky Fried Chicken wants to become a major player in the premium chicken sandwich category. On Thursday, the Yum! Brands, Inc. (NYSE: YUM)-owned chain launched what it calls its "best chicken sandwich ever." What Happened: The chicken sandwich battle throughout 2020 has been...
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McDonald's Chicken Sandwich Takes Flight Among New Offerings By National Chains
Tuesday, January 5, 2021 - 1:29pm | 368Read More...Many restaurant chains aren't wasting time in kicking off 2021 on a strong note. Here is a summary of some new initiatives that will become available to you in the coming weeks, if not sooner. McDonald's Chicken Sandwich: Perhaps the most notable new menu launch in 2021 will be McDonald...
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Popeyes Takes Louisiana Roots Nationwide With Beignets Launch
Monday, December 14, 2020 - 4:10pm | 325Read More...Beignets are a staple food item in Louisiana, so it's only natural for Popeyes Louisiana Kitchen to bring the pastry to stores nationwide, CNBC reported. What Happened: The Restaurant Brands International Inc (NYSE: QSR) brand is counting on new dessert options to help drive traffic. Beignets...
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Chick-fil-A Takes Legal Action Against Chicken Producers, Alleges Price Fixing
Monday, December 7, 2020 - 11:51am | 390Read More...Chick-fil-A is suing its chicken producers, as the chicken sandwich restaurant chain believes illegal price-fixing resulted in billions of dollars of extra costs, according to The Wall Street Journal. What Happened: Chick-fil-A has proceeded with a lawsuit against its top chicken suppliers,...
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GrubHub's 'Taste Of 2020' Rankings: Spicy Chicken Sandwich Reigns Supreme, And People Love Pineapple On Pizza
Saturday, December 5, 2020 - 12:46pm | 416Read More...GrubHub Inc (NYSE: GRUB) has released its Taste of 2020 report that offers an inside glimpse at some of the most popular food items on the app. Top 10 Orders: Comfort food is a common theme in GrubHub's ranking of the most-ordered food items. The company noted this marks a divergence from...
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2 Analysts React To Wingstop's Q3 Earnings
Tuesday, November 3, 2020 - 1:25pm | 416Read More...Wingstop Inc (NASDAQ: WING) reported third-quarter results that prompted one analyst to remain a bull while another is sticking to the sidelines. Cowen: 'Can Go The Distance' Wingstop's same-store sales in the third quarter were higher by 25.4% although this wasn't a surprise...
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McDonald's Debuts Spicy Chicken McNuggets With Hilarious 'Spicesurance' Fine Print
Wednesday, September 16, 2020 - 12:35pm | 348Read More...Chicken nugget fans will be happy to know that its new Spicy Chicken McNuggets are now available nationally at McDonald's Corp (NYSE: MCD). What Happened: To promote the launch of spicy nuggets on Wednesday, McDonald's is offering consumers "Spicesurance," the company said in a...
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In Honor Of National Chicken Wing Day, Here Are My 5 Favorite Chicken Wing Joints
Wednesday, July 29, 2020 - 4:15pm | 637Read More...Wednesday marks the 43rd annual National Chicken Wing Day. Established by Stan Makowski, then-mayor of Buffalo, New York, the holiday is meant to celebrate the delicious food item that makes the city world-renowned. Sort of. In honor of the glorious day, I present my most favorite chicken wing...
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How The Popeyes Chicken Sandwich Is Helping Drive Sales Increases Despite The Pandemic
Tuesday, June 30, 2020 - 1:44pm | 367Read More...Remember the great chicken sandwich battles of 2019 that gave Restaurant Brands International Inc (NYSE: QSR) and its Popeyes chain a near-term boost? The momentum continues nearly a full year after the launch, according to Restaurant Brands CEO Jose Cil. What Happened: Popeyes first launched its...
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Pilgrim CEO Takes Paid Leave Of Absence To Focus On Legal Battle
Monday, June 15, 2020 - 8:18am | 317Read More...Global food company Pilgrim's Pride Corporation (NASDAQ: PPC) announced over the weekend that its president and CEO Jayson Penn will temporarily step down to focus on a legal battle. What Happened: Penn and a handful of other executives in the chicken industry were charged with allegedly...
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Tyson Says It's 'Fully Cooperating' Amid Price Fixing Probe: WSJ
Thursday, June 11, 2020 - 8:49am | 316Read More...Tyson Foods, Inc. (NYSE: TSN) confirmed it will cooperate with a U.S. Justice Department investigation related to price-fixing, The Wall Street Journal reported on Wednesday afternoon. What Happened: Tyson received a grand-jury subpoena in mid-2019 and discovered some of its own employees were...
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Pilgrim's Pride Falls After Chicken Companies Are Charged With Price Fixing
Wednesday, June 3, 2020 - 12:37pm | 387Read More...The U.S. Justice Department indicted Pilgrim's Pride Corporation (NASDAQ: PPC) CEO Jayson Penn, former Vice President Roger Austin, along with Claxton Poultry Farms President Mikell Fries and Vice President Scott Brady for allegedly conspiring to fix prices on chickens, The Wall Street Journal...
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Beef And chicken inventories Surge In April
Wednesday, May 27, 2020 - 4:18pm | 488Read More...U.S. beef and chicken inventories housed in cold storage facilities surge according to a report from agricultural data provider Gro Intelligence. U.S. beef inventories were 13.9% higher year-over-year in April, 6% above the five-year average and chicken inventories climbed 6.1% compared to April...
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Chick-Fil-A Sauces Coming Soon To Grocery Stores
Thursday, March 12, 2020 - 11:16am | 330Read More...How often do you find yourself awkwardly asking for 10 extra Chick-Fil-A sauces for your spouse who "forgot" to ask for them? You may no longer have to. What Happened Chick-fil-A said Wednesday it will sell some its iconic sauces in bottle format as part of a test pilot in Florida....
