10:31 AM EDT, 08/28/2025 (MT Newswires) -- Hormel Foods ( HRL ) lowered its full-year earnings outlook on Thursday as the food maker's fiscal third-quarter bottom line unexpectedly declined year over year amid rising commodity input costs. The owner of the Planters snack nuts brand now anticipates adjusted earnings to come in between $1.43 and $1.45 per share for fiscal...

NEW YORK, Aug 28 (Reuters) - Phillips 66 will begin shuttering its 139,000 barrel-per-day (bpd) Los Angeles-area refinery in September, people familiar with the matter said. The Los Angeles-area refinery will begin winding down operations for permanent closure as early as next week, two sources said. Phillips 66 announced last year it would close the facility and begin winding down...

11:09 AM EDT, 08/28/2025 (MT Newswires) -- PMGC ( ELAB ) said Thursday it is implementing a one-for-3.5 reverse stock split of its common stock effective Tuesday. No fractional shares will be issued; instead, they will be rounded up to the nearest whole share, the company said. Shares were down 4% in recent trading. Price: 1.91, Change: -0.08, Percent Change:...

10:31 AM EDT, 08/28/2025 (MT Newswires) -- Infosys ( INFY ) said Thursday it is collaborating with Mastercard ( MA ) to give financial institutions easier access to Mastercard Move, the payments company's portfolio of money movement services. Financial details weren't disclosed. The partnership will integrate Mastercard Move with Infosys' ( INFY ) Finacle platform, which is expected to enable...