Spanish Utility Naturgy to Sell 5.5% Stake to Boost Stock Liquidity
The Spanish utility is offering about 19.3 million treasury shares to investors at at least €25.90 per share, according to terms seen by Bloomberg. The offering is set to raise at least €500 million ($578 million), with proceeds earmarked for general corporate purposes.
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Yahoo
7 minutes ago
- Yahoo
Tyson Foods hasn't seen 'material' impact from Trump tariffs as consumer protein push lifts results
Tyson Foods (TSN) reported results Monday that were better than expected for its fiscal third quarter. A consumer focus on protein and a lack of immediate impact from President Trump's tariff policies boosted results. "Consumers are prioritizing protein ... over other foods, but they're also prioritizing food as essential versus the non-essential things like apparel, ... bigger ticket items," Tyson Foods CEO Donnie King said. As far as the impact of President Trump's tariffs, King said, "I would not call anything we've seen from tariffs today, not only beef, but in pork, chicken. I don't see a material impact from that at this point." In the quarter, Tyson reported sales grew 4% to $13.88 billion, topping forecasts for revenue to tally $13.55 billion, according to Bloomberg data. Adjusted earnings per share were $0.91 in the quarter, ahead of forecasts for $0.78. The company also said its sales for its fiscal year 2025, which wraps up during the current quarter, will rise 2% to 3% from last year, better than its previous outlook for sales to be flat to up 1%. Tyson Foods stock rose about 3% following the results on Monday. Year to date, the stock remains down over 5%, trailing the S&P 500's roughly 7.5% gain. Read more: Live coverage of corporate earnings Chicken was the company's strongest category during the quarter, with volumes rising 2.4% alongside an average price increase of 1.1%. Consumers leaned into frozen items like Tyson Simple Ingredient nuggets, which have higher protein. Tyson's fresh chicken business grew volume by 2.3%. Tyson now expects its chicken segment to post operating income of $1.3 billion to $1.4 billion for the year, up from the previously expected range of $1 billion to $1.3 billion. "Our chicken business is obviously running a lot better than it has," King said. "This has been a multiyear journey, but it's running more efficiently." King said the company is also seeing the benefit from the closure of four chicken plants two years ago. Its pork business is having a moment too. Volume for that segment grew 1.5% against forecasts for a 2.3% decline. Pork delivered its strongest third quarter adjusted operating income for the company in four years. All the momentum offset a more challenging quarter for its beef business. The average price for beef increased 10%, higher than the 7.3% jump expected. Volumes declined 3.1%, more than the 2% expected, as the tightened cattle supply made fewer available for Tyson to buy and drove costs higher. Still, King said its beef consumer "has been very resilient" in the face of higher prices. For ranchers, higher beef prices have been good news, according to Texas A&M professor David Anderson, as these prices reverse the situation "for ranchers who have dealt with low prices, high costs, and drought in recent years." Fewer imports from Mexico have hit the US cattle supply, however, creating another challenge for Tyson. "I expect the tariff and retaliatory tariffs from China have introduced more struggles in [the ranchers'] business," Anderson said. "I should say it's not just high prices but fewer cattle that make it hard to get enough cattle to operate." Brooke DiPalma is a senior reporter for Yahoo Finance. Follow her on X at @BrookeDiPalma or email her at bdipalma@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Entrepreneur
9 minutes ago
- Entrepreneur
No. 1 Place to Retire in the World May Not Be On Your Radar
With cost of living, safety and more to consider, a retirement relocation requires careful thought. If relocating is part of your retirement plan, you're not alone. In 2024, 258,000 Americans relocated for retirement, per research from HireAHelper, an online marketplace that connects people needing moving assistance with local moving professionals. But before you plan your move to Florida or one of the other hot spots for retirees in the U.S., you might want to take a look around the globe. Related: Are You on Track for a Comfortable Retirement? Here's How Much Money You Should Save Every Month Depending on Your Age and State. Life insurance company Everly Life released a report last month that unpacked the best places to retire around the world, per Travel + Leisure. The study ranked 137 countries according to cost of living, healthcare quality, safety, air quality, elderly population percentage and retirement visa availability. Each area was rated on a scale of 0 to 100, then averaged to compile the final result. Estonia snagged the top spot with a score of 79.41. "The Baltic nation combines reasonable living costs (55.9 cost index) with strong health care (77.7 index) and impressive safety levels (76.5 index)," the report stated. Image Credit: Alexander Spatari | Getty Images. Tallinn, Estonia. Related: Here Are the Best and Worst States for Retirement in 2025, According to a New Report The Northern European country also has a 20.91% elderly population, which speaks to "a retirement-friendly society," Everly Life reported. "Estonia represents the sweet spot many retirees are seeking," Mariah Bliss, a spokesperson for Everly Life, noted. "You're getting Northern European health care standards and safety without the crushing costs of places like Switzerland or Denmark." Norway and Portugal took second and third place for the best places to retire, according to the report. Spain, Australia, Canada, Latvia, Hungary, Malta and Italy rounded out the top 10. Related: This Buzzy Retirement Strategy Is Helping Young People Escape the 9-5 Before Becoming Millionaires — Here's How to Pull It Off No matter where you intend to spend your retirement, try living on your retirement budget for a few years before you actually retire to identify potential shortfalls or lifestyle adjustments that may be needed, Stacey Black, lead financial educator at Boeing Employees Credit Union (BECU), told Entrepreneur
Bloomberg
10 minutes ago
- Bloomberg
Elevating Investor Relations: Evolving tools for corporate intelligence
Welcome to Elevating Investor Relations, Bloomberg's series on the evolving role of corporate investor relations. As the amount of data density available to any organization increases exponentially with time, so too does the challenge of drilling down into it to find strategically actionable insight. In this article, we will explore how to leverage this data as a source of competitive edge for investor relations (IR) teams. From insight to influence For a modern IR team, deriving an edge from data means more than just knowing which investors are buying or selling their company's stock: it means having a firm grip on exactly what competitors and peers are doing and saying, whether that's the details from their latest figures or the finer points from a potentially disruptive product launch. Not only can that intelligence go to inform their company's future disclosures and pre-empt the questions that investors will ask at the next opportunity, but it can be fed back into internal channels to drive better strategic making and improve IR's standing. A recent survey of IROs by the Canadian Investor Relations Institute (CIRI) found this aspect of the role has grown to be a recognized part of the IR team's mandate, with 95 percent of IROs reporting that they regularly gather information on their company's market competitors. Nearly two thirds of IROs report that their intelligence-gathering effort feeds senior management's strategic discussions and decision-making, while 61 percent say it informs IR strategy and 22 percent regularly provide competitive intelligence to board members. Legacy of insight Notably, the notion of having competitive intelligence to operate from is nothing new. Competitors have been seeking any information they can get their hands on to achieve a competitive advantage over their rivals for as long as the marketplace has been open. In the history of public companies, competitive intelligence took on a more structured form in the 20th century, when companies founded dedicated market research departments to collect and analyze information about not just their own customer preferences. By 1983, Motorola CEO Bob Galvin had established one of the world's first formal corporate competitive intelligence divisions, which produced a 'steady stream of well-sourced intelligence analyses on competitors' moves, industry and market evolution, and technology trends', according to the Journal of US Intelligence Studies. Smarter tools Today, the rise of data and the tools to extract insights are helping companies keep up real-time monitoring of their competitors and market dynamics. For IROs, who are already so plugged into what the market says and feels about their organizations (and about their rivals), the continued evolution of competitive intelligence can help them drive those decisions first-hand. While common sources of intelligence include external databases, competitors' publications and other market data, advanced corporate finance tools can give issuers even deeper insights that skilled IROs can readily turn into new sources of edge above their peers and rivals. These tools include: Customer relationship management (CRM) tools – on a simple level, these allow IR teams to keep track of their investors, the meetings they have held with them and any notes they want associated. These are increasingly being fed into by other data tools to create fuller investor profiles, including relevant analyst information, driving factors behind their buy or hold decisions and much more. Real-time market analytics – fetching information from the markets in real-time, whether concerning your own companies, those in your immediate peer group or those further afield. Analysis using these tools is becoming increasingly sophisticated, with platforms like Bloomberg's terminal allowing IR teams to analyze how companies rank or key metrics like earnings, fair value estimates or ESG performance, and compare performance across individual business lines or CSR initiatives. Stock surveillance – using market data to monitor critical market movements and emerging trends actively, as they occur, to allow IR teams to oversee strategic responses, or to help further hone their outgoing market communications for maximum impact. Investor targeting – using this same real-time data to give insights into the buy-side's biggest institutions, allowing IR teams to see which investors might make a good match for them. Tools like the Bloomberg Terminal allow you to see who owns your stock and peers, track what they're trading and follow corporate activism and proxy votes. Analyst insights – taking stock of the sell-side's research, estimates and recommendations to both identify any deviations between what an analyst says and what a company's reality is, or giving IR teams the power to identify any weak points in their messaging and derive measures to counteract them. The Bloomberg Terminal allows IR teams to compare recommendations side-by-side and refine by price target, period, total return rankings and more. Data visualization – to augment this powerful suite of tools, many IROs use powerful charting software to visualize key data and help present it to various stakeholder audiences, whether that's getting internal buy-in from senior management or presenting granular insights to investors and analysts to help drive their understanding of their companies. To see how leading IR teams drive excellence through storytelling, click here. Each of these tools can help IR teams drive competitive edge on their own, but when combined – with comparable data able to be shared between them – IR professionals are put in the driving seat, able to make strategic decisions with the data they need to back it up. How can we help?
