Tag: citing

Herbruck’s to lay off 400 employees, citing bird flu outbreak

GRAND RAPIDS, Mich. (WOOD) — Herbruck’s Poultry Ranch, Michigan’s largest egg producer, says it will lay off hundreds of employees in Ionia County as it deals with an outbreak of bird flu. In a notice filed with the state on Wednesday, Herbruck’s said it plans to lay off an estimated 400 employees at five of […]

Citi upgrades India to “overweight” citing stable earnings, economic growth

By Bharath Rajeswaran BENGALURU (Reuters) – Citigroup analysts upgraded India to “overweight” from “neutral” in their emerging markets allocation on Friday, citing strong earnings and economic growth momentum. The brokerage expects India’s blue-chip NSE Nifty 50 index to rise 7% between now and the end of the current financial year ending March 2025, setting a […]