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Cal-Maine Foods (CALM +4%) moves higher into the close after beating FQ4 estimates earlier...

Cal-Maine Foods (CALM +4%) moves higher into the close after beating FQ4 estimates earlier today. Net income soared as a large gain from a new venture in the specialty-egg market more than offset the higher operating costs. The company noted cautiously however that feed costs are going to continue to rise over the near term due to the severe drought and damage to the national corn crop.

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Comments (1)
  • marilyn61
    , contributor
    Comments (173) | Send Message
     
    Now I am curious. Can anyone please tell me what a 'specialty egg ' is ?
    31 Jul 2012, 02:25 AM Reply Like
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