Pilgrim’s Announces Agreement with DOJ Antitrust Division
Pilgrim's Pride Corporation (PPC)
Last pilgrim's pride corporation earnings: 4/29 05:12 pm
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US:NYSE Investor Relations:
ir.pilgrims.com/investor-relations
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Source: GlobeNewswire
GREELEY, Colo., Oct. 14, 2020 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC) today announced that it has entered into a plea agreement with the United States Department of Justice Antitrust Division in respect to its investigation into the sales of broiler chicken products in the United States. In the plea agreement, which is subject to the approval of the United States District Court of Colorado, Pilgrim’s and the Antitrust Division agreed to a fine of $110,524,140 for restraint of competition that affected three contracts for the sale of chicken products to one customer in the United States. The agreement does not recommend a monitor, any restitution or probationary period, and provides that the Antitrust Division will bring no further charges against Pilgrim’s in this matter, provided the company complies with the terms and provisions of the agreement. Pilgrim’s expects to record the fine as a miscellaneous expense in its financial statements in the third quarter o
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News
- Here's Why Pilgrim's Pride (PPC) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Pilgrim's Pride Co. (NASDAQ: PPC) had its "equal weight" rating re-affirmed by analysts at Barclays PLC. They now have a $38.00 price target on the stock, up previously from $35.00.MarketBeat
- Pilgrim's Pride: Soft Top-Line Growth Continues To Pressurise Earnings [Seeking Alpha]Seeking Alpha
- Pilgrim's Pride (PPC) Rises As Market Takes a Dip: Key Facts [Yahoo! Finance]Yahoo! Finance
- Pilgrim's Pride Co. (NASDAQ: PPC) had its price target raised by analysts at Bank of America Co. from $36.00 to $40.00. They now have a "buy" rating on the stock.MarketBeat
PPC
Earnings
- 2/26/24 - Beat
PPC
Sec Filings
- 4/1/24 - Form DEF
- 3/19/24 - Form 4
- 3/14/24 - Form 144
- PPC's page on the SEC website