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Meat Market Update | Normal seasonal cutout decline starts
2016-01-14 16:27:00| Beef
The Daily Choice Cutout has increased over $40 since right before Christmas as retailers switched from hams and turkey back to beef, which is a normal seasonal event. This increase in price has also happened in previous years in late December and peaked out in mid to late January, then plummeted through February. By Ed Czerwien, USDA Market News Reporter read more
Tags: market
normal
update
starts
UPDATE 1-Jack Daniel's owner to sell Southern Comfort, Tuaca brands
2016-01-14 15:40:13| Beverages - Topix.net
Jan 14 Brown-Forman Corp, the maker of Jack Daniel's whiskey, said it would sell its liqueur brands, Southern Comfort and Tuaca, to alcohol maker Sazerac for $543.5 million. Reuters reported in September, citing sources, that the company had hired Goldman Sachs Group Inc to explore a sale of some brands as it wanted to focus on its core whiskey business.
Tags: sell
update
owner
brands
UPDATE 1-TeliaSonera says to book charges as Eurasia exit beckons
2016-01-14 10:59:28| Telecom - Topix.net
STOCKHOLM, Jan 14 Nordic telecom operator TeliaSonera said on Thursday it will book 7.2 billion Swedish crowns in non-cash impairment charges mainly related to Uzbekistan in the wake of its decision to gradually exit the Central Asian market. TeliaSonera shares fell 2.2 percent by 0830 GMT, a marginally greater decline than fared by the European telecom sector index.
Tags: book
update
charges
exit
UPDATE 1-TeliaSonera says to book charges as Eurasia exit beckons
2016-01-14 10:29:08| IT Services - Topix.net
STOCKHOLM, Jan 14 Nordic telecom operator TeliaSonera said on Thursday it will book 7.2 billion Swedish crowns in non-cash impairment charges mainly related to Uzbekistan in the wake of its decision to gradually exit the Central Asian market. TeliaSonera shares fell 2.2 percent by 0830 GMT, a marginally greater decline than fared by the European telecom sector index.
Tags: book
update
charges
exit
UPDATE 1-Hyundai Motor targets 77,000 IONIQ hybrid car sales next year
2016-01-14 09:09:00| Auto Dealers - Topix.net
The logo of Hyundai Motor Co. is seen on a wheel of a car at a Hyundai dealership in Seoul January 22, 2015.
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