Archives for January 7, 2005

← 2005

Tyson closures reflect state of US beef industry

Unfavourable beef operating margins have prompted Tyson Foods to suspend operations at four beef plants in the US. The affected plants have been hurt by a combination of tight cattle supplies, lacklustre domestic beef demand and the continued absence...

Alcan spin-off shares on the stock market

Common shares of $6.2 billion aluminium rolled products firm Novelis have begun trading today under the stock symbol NVL on the Toronto Stock Exchange (TSX), writes Anthony Fletcher.