Pilgrim's Pride CEO Predicts Chicken Industry Boom to Continue

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The top executive of Pilgrim’s Pride Corp. said Thursday that boom times for the U.S. chicken industry are set to continue next year, as domestic consumers and foreign importers continue to favor poultry over other meats.

Volkswagen Profit Rises 58%

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Volkswagen reported a sharply higher profit and steady sales growth, reaffirming that Europe’s biggest auto maker is on track reach a target of selling 10 million vehicles this year—four years earlier than expected.

Nintendo Introducing Device to Improve Sleep

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With its console game business facing growing challenges, Nintendo said it was adding a new business line, health care, starting with a service next year that tracks users’ sleeping patterns.

Goldcorp Swings to Loss

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Goldcorp Inc. posted a loss in the third quarter, with results dragged lower by a reduction in the value of low-grade gold stockpiles at a Mexican mine.

Computer Spies Target GE, Siemens

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Computer spies targeted control systems made by General Electric and Siemens for water and energy companies since at least 2011, the Department of Homeland Security said Wednesday.

Lufthansa Lowers 2015 Outlook

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Lufthansa scaled back its earnings targets for next year and said it was drawing up contingency plans should economic conditions further deteriorate.

MGM Resorts Posts Narrower Loss

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MGM Resorts International posted weaker-than-expected bottom-line results for the third quarter, hurt by lower revenue at its China operations.

Shell Posts Rise in Profit

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Royal Dutch Shell reported a rise in third-quarter earnings, with increases in both upstream and downstream, despite falling oil prices.

New York Times Loss Narrows

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New York Times Co. said its third-quarter loss narrowed as the newspaper publisher continued to contend with stagnant print advertising revenue and rising operating costs.

Kellogg Sales Continue to Decline

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KelloggCo. said its sales fell 2.1% in the latest quarter on declines at the cereal maker’s morning foods and snack businesses.

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