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...Shares in Cal-Maine Foods declined 12 per cent to $50.63 after the egg producer reported fiscal first-quarter profits that missed forecasts....
...It now has the second largest flock of hens globally after Cal-Maine Foods of the US....
...Cal-Maine Foods reported strong third-quarter earnings that beat analysts’ estimates by 24 per cent, sending shares in the egg producer up 7.7 per cent to $29.97....
...Cal-Maine Foods fell 0.6 per cent to $27.62 after posting an unexpected first-quarter loss. The egg supplier said it had suffered from lower demand from restaurants....
...The case involves Maine smokers’ claims that Philip Morris, the largest US cigarette maker, fraudulently portrayed light cigarettes as safer than others....
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