Cal-Maine Stock Rallies After Earnings Beat: Here's the Stock's Next Target
Cal-Maine shares hold a bullish outlook following today’s healthy earnings and a tailwind from the stock’s strong technical trends. Investors should target a continuation of the rally to a price target of $130.
Cal-Maine Foods Stock Climbs on Strong Earnings, Thanks to Higher Egg Prices
Maine Foods shares gained Wednesday, a day after the company reported better-than-expected results on higher egg prices and holiday season demand.The biggest U.S. egg producer also benefited from the acquisition of the production assets of ISE America.
Holidays and higher egg prices lift Cal-Maine’s results and stock
Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreak
Cal-Maine Foods Fiscal Second-Quarter Results Rise Annually Amid Higher Egg Prices, Strong Demand
Cal-Maine Foods (CALM) shares rose early Wednesday as the egg producer's fiscal second-quarter results increased year over year driven by robust demand for shell eggs and higher prices. The company posted net income of $4.
Cal-Maine profits surge on higher egg prices, holiday demand
Reflecting higher egg prices and increased demand during the holiday season, Cal-Maine Foods (NASDAQ:CALM) reported solid fiscal Q2 results, beating Wall Street’s expectations and driving shares up more than 5% in Tuesday’s after-hours trading.
Cal-Maine Foods' 2Q Rev, Profit Up Sharply on Higher Egg Prices
Cal-Maine Foods said revenue and profit spiked in its fiscal second quarter as consumer demand for eggs outpaced supply, which has been squeezed by recent bird flu outbreaks. The egg producer on Tuesday reported a profit of $219.
Maine voter ID proponents clear hurdle to ballot
Backers of a plan to require photo identification to vote in Maine elections collected more than 170,000 signatures to put ...
Maine launches Paid Family and Medical Leave Portal for employers
The online system allows employers to register, designate a payroll processor, file quarterly wage reports, and remit ...
Balancing threats with public access, Maine Capitol Police beef up security
Over the past two years, members of the Maine Capitol Police have visited state capitols across the country, learning how ...
Flu surging in Maine; COVID-19 prevalence also “very high”
All counties in Maine except Lincoln County were considered to be under a “sustained increase” in flu cases, although most ...
Maine program receives $1.2 million to help restore wetlands
PORTLAND (WGME) -- A program working to restore Maine’s wetlands is getting a more than $1 million boost to help their cause.
Maine police lieutenant, 2 others seriously injured in head-on crash
A police lieutenant in Maine and two others suffered serious injuries when another driver crashed head-on into his police ...
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Maine Right to Repair Law Takes Effect
A working group is currently developing recommendations for another bill that will form a right to repair oversight board to ...
Maine fishermen apply to revive shrimping industry after a decade-long hiatus
PORTLAND (WGME) — Applications are in for a rare opportunity to revive Maine’s long-dormant shrimping industry, with only ...
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Maine Lobstering Union settles racketeering lawsuit
The union claims it lost nearly $2 million in an embezzlement scheme by the family that owns Trenton Bridge Lobster Pound.
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Maine House Speaker Ryan Fecteau on Democrats' legislative priorities this session
Fecteau acknowledges that a more narrow majority for Democrats in the House could affect the goals his party hopes to achieve ...