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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| June 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FOOD/BEVERAGES

Pilgrim's Pride hit by bird flu

The poultry producer destroyed a breeder flock that lays eggs for hatching after routine blood tests found a bird flu strain; the infection hit 3 months after avian flu outbreaks in Texas, Delaware and Pennsylvania prompted overseas bans on U.S. chicken. Pilgrim's Pride said the virus can be contained since the affected flock was far from any other poultry farms. Shares fell 3.5% to 25.88.

** Coca-Cola said Neville Isdell will assume the roles of chairman and CEO on Monday, 7 months earlier than expected. He succeeds retiring Doug Daft.

METALS

Mining firms trade takeover bids

Gold producer Wheaton River Minerals got a $1.7 bil takeover offer ...

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