Most U.S. stocks rose, with the Standard & Poor’s 500 snapping a four-day losing streak, as retailers’ results surpassed estimates and investors awaited signals on stimulus measures from the Federal Reserve.
Bob Evans Farms Inc., owner of the namesake family-restaurant chain, should sell land and buildings to free up cash for its food-products business, share buybacks and dividends, two investors said in a letter.
Bob Evans Farms Inc. , a restaurant operator and sausage maker, said it is closing a pork plant in Galva, Illinois, because of shrinking supplies of U.S. hogs to slaughter. About 70 workers will lose their jobs.
Job growth surged last month as automakers, builders and retailers pushed the unemployment rate to a four-year low, defying concerns that budget battles in Washington would harm the economic expansion.
Pastor Rick Towe shuns politicking from the pulpit, avoiding any mention of President Barack Obama and Mitt Romney during a recent Sunday sermon at the small Pentecostal church in the southeastern Ohio River town of Kanauga. Yet the battle for the White House always seems to find him.
As much as higher education and corporate America would like to be engaged, college presidents are struggling to reconcile the demands and values of academia with shareholder skepticism about their boardroom commitments.