May 29 - Hormel Foods ( HRL ) tightened its annual profit forecast towards the lower end on Thursday, as the Skippy peanut butter maker struggles with supply chain issues and weak demand that may counter the benefits of its price hikes. Like peer Tyson Foods ( TSN ), Hormel took consecutive price hikes in the past to protect its...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

08:08 AM EDT, 05/29/2025 (MT Newswires) -- Santacruz Silver Mining ( SCZMF ) overnight Wednesday swung to a profit in the 2024 financial year from a year-ago loss. The company reported net income of US$164.5 million, or net earnings per basic share of US$0.46 for the year ended Dec. 31, 2024, compared with net loss of US$11 million, or net...

08:07 AM EDT, 05/29/2025 (MT Newswires) -- Rosenberg Research said it has been inundated of late on what is happening in Canada to have triggered such a rally in the past few months. The answer is nothing or at least nothing that is good, noted Rosenberg Research. The Canadian dollar (CAD or loonie) is actually one of the weakest global...