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Shorting chickens becomes hot trade in stock market

2014-11-30 13:54:20| Food - Topix.net

With no futures market to speculate on chicken-price movements, they're turning to the equity market, borrowing record amounts of shares of two U.S. poultry producers that they in turn sell in anticipation of declines. The percentage of outstanding shares of Greeley-based Pilgrim's Pride Corp., the second-biggest U.S. chicken producer, that were sold short by investors has soared more than sixfold since Sept.

Tags: market hot stock trade

 

US trade snapshot shows apparel and footwear shifts

2014-11-27 12:30:00| Daily apparel & textile news and comment - from just-style.com

With imports supplying most US consumer demand for textiles and apparel, and footwear, it is perhaps not surprising the US trade deficit in both sectors rose last year.

Tags: shows trade apparel shifts

 
 

Stock Market Today: Stocks Gain In Dull Trade

2014-11-27 04:11:55| Footwear - Topix.net

The Nasdaq hit a new 14-year high and led major indexes with a 0.6% gain. The S&P 500 climbed 0.3% while the Dow Jones industrial average added 0.1%.

Tags: today market stock trade

 

Governor Snyder wraps up Chinese trade mission

2014-11-27 00:07:20| Automakers - Topix.net

Governor Snyder is due back in Michigan by Thursday after wrapping up his fourth trade mission to China. The trip has resulted in an agreement between the state and Shanghai Automotive Industry Corporation for a new manufacturing headquarters in Madison Heights.

Tags: trade chinese mission governor

 

US footwear trade and sourcing snapshot

2014-11-26 16:56:00| Daily apparel & textile news and comment - from just-style.com

The US trade deficit in footwear rose 4% to US$23.8bn last year on the back of a sizeable increase in imports and a marginal drop in exports, an annual trade report has shown.

Tags: trade footwear snapshot sourcing

 

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