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0 -0.000309981401115871 -0.0012166769993799 0.000929944203347834 -0.000309981401115871 -0.00116243025418457 0.000774953502790009 0.000774953502790009
Stock impact report

DOJ reportedly pursuing criminal antitrust probe of major meatpacking companies [Yahoo! Finance]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The Wall Street Journal reported , citing sources familiar with the matter, that while the DOJ indicated it was investigating beef companies following the president's request, the criminal nature of the probe hasn't been disclosed previously. Trump claimed in November that beef companies were manipulating the purchase price of cattle they bought from ranchers while raising prices on consumers . The report noted that criminal antitrust cases typically focus on allegations related to market collusion or price fixing. The Journal reported that although Trump's comments placed blame on "majority foreign owned meatpackers," the investigation is looking at four major companies that sell beef in the U.S. Trump Team Pledges To Drive Beef Prices Down By 2026 As Usda Chief Pushes Back On $10-Per-pound Warning The report noted that Tyson Foods, Cargill, JBS and National Beef are the four leading companies operating in that portion of the U.S. market, with Tyson and Cargill both U.S.-hea Show less Read more
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