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The poultry producer disclosed that it's been subpoenaed by the SEC, likely about the allegations that have already led to lawsuits.
It is very possible that once the restaurant business deal is closed, Sandell may push for a sale of the company's remaining sausage and side dish unit.
Pilgrim's Pride shares have taken out a six-month downtrend line and could see a covering rally. Here's how to trade them.
The Brazilian meat giant will list 85% of its business on the New York Stock Exchange, weeks after a major government shareholder objected to a similar plan.