Here are the companies Yahoo Finance is watching today.
A beat and a warning at Tyson Foods (TSN). The company posted stronger than expected earnings and revenue last quarter. But it's warning an outbreak of African Swine Fever could hit the global food industry in a way that they've never experienced before.
Apple (AAPL) is reportedly about to get hit with an antitrust investigation in Europe. The Financial Times says European Union officials plan to formally launch the probe in the next few weeks. It comes in response to a complaint by Spotify that Apple Music gives the tech giant an unfair advantage over rivals. Apple has called Spotify's claims "misleading.”
Some big changes at CBS News (CBS). The network has named Norah O'Donnell new anchor of the CBS Evening News, replacing Jeff Glor, who'll shift to a yet unannounced role. Meanwhile, Gayle King will get two new co-hosts on CBS This Morning, Anthony Mason and Tony Dokoupil. John Dickerson is leaving for 60 Minutes. CBS News President Susan Zirinsky called it the start of a new era at the network.
Disney's (DIS) ‘Avengers: Endgame’ is still going strong. The movie has now topped $2 billion globally in its second week at the box office. It's earned $620 million dollars domestically, which makes it the 9th biggest movie to open in North America. Meanwhile, it has taken in $1.56 billion worldwide with $575 million coming from China alone.
P.F. Chang's is getting hit hard after a recent recall of frozen food. The USDA said that more than two million pounds of frozen entrees from the packaged foods company Conagra (CAG) have been recalled due to misbranding and an undeclared allergen. The recall will affect more than 2 million pounds of P.F. Chang's chicken products. They include any products made between last October and April.