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The company has created “Chix Mix,” a new snack that is “made from most of the same ingredients” that’s in the company’s chicken feed. Instead, Chix Mix is designed as a marketing opportunity as the industry faces controversy about antibiotics in chicken feed and treatment of its animals. Chix Mix is similar: The snack contains corn, wheat puffs and edamame, but with a dash of barbecue spices “just for humans,” a release said. Chicken concernsIn 2014, Perdue removed “routine use of all human antibiotics” amid concerns that they could be putting human health at risk. For Perdue, offering Chix Mix is a way to partially remind people of Tyson’s change as they begin to see its rival’s new antibiotic label.
Persons: New York CNN — Perdue, Perdue, Tyson, hasn’t, Tyson —, , David Zucker Organizations: New, New York CNN, USDA, World Health Organization, Perdue Locations: New York
Tyson Foods owns brands including Jimmy Dean and Hillshire Farm, producing roughly 20% of America's beef, chicken, and pork. The Arkansas-based company made $53.6 billion in sales last year and has been family-run for generations. Chairman John H. Tyson and his family are worth $2.3 billion, making the Tysons one of the country's wealthiest families. The company has been family-run ever since it was founded in 1931, with chairman John H. Tyson — grandson of founder John W. Tyson — and his relatives controlling a majority of the company's stock. Here's a look at the massive beef, pork, and poultry company and the billionaire family behind it.
Check out the companies making headlines in midday trading Tuesday. Oak Street Health — Shares surged more than 30% after the Wall Street Journal reported CVS Health was close to an agreement to buy the primary-care provider for $10.5 billion. Sweetgreen — Shares fell about 6% after Cowen downgraded the salad chain's stock to market perform from outperform, citing "deteriorating value perceptions." ZoomInfo — Shares of the software company fell 1.7% following the company's quarterly results for the latest period. Leggett & Platt — Shares fell 5% during midday trading after Leggett & Platt reported disappointing earnings after the market closed on Monday.
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