New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 26, 2012
08:47 EDTHRLHormel Foods says achieves $2B in new product sales goal
Hormel Foods announced that it has met its ambitious “Go for $2B by 2012” goal by achieving $2B in total sales from new products created since 2000 by the end of FY12.
News For HRL From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 25, 2014
16:28 EDTHRLOn The Fly: Closing Wrap
Subscribe for More Information
12:19 EDTHRLOn The Fly: Midday Wrap
Subscribe for More Information
06:33 EDTHRLHormel Foods sees FY15 non-GAAP EPS $2.45-$2.55, consensus $2.59
The EPS excludes non-recurring charges of 4c-6c to be incurred in early FY15 as a result of the potential exit from business in Vietnam and the closure of Stockton, California Grocery Products manufacturing facility.
06:32 EDTHRLHormel Foods expects to exceed 10% earnings growth in FY15, consensus $2.59
Subscribe for More Information
06:32 EDTHRLHormel Foods increases dividend 25%
Subscribe for More Information
06:30 EDTHRLHormel Foods reports Q4 EPS 63c, consensus 64c
Subscribe for More Information
November 24, 2014
15:20 EDTHRLNotable companies reporting before tomorrow's open
Subscribe for More Information
13:55 EDTHRLHormel Foods technical notes before earnings
The shares are trading close to their life high ahead of earnings. A key level to watch on strong news therefore is the high at $55.40. If the news is more bullish than already bullish expectations suggest, a run above the life high would likely lead to a test at common option strike prices such at $57.50 and $60. If the news is a disappointment the first important test of support would come at the 50-day moving average, last at $52.48. A breakdown below that moving average would break the uptrend support line. Next support below of significance would be at $49.62. A break of the moving average would be a sell signal in many technical trading systems and thus potentially longer-term bearish for price.
10:06 EDTHRLHormel Foods December volatility increases into Q4 and outlook
Hormel Foods December call option implied volatility is at 26, January is at 24, March is at 19; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
November 21, 2014
10:01 EDTHRLOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:23 EDTHRLHormel Foods December volatility increases into Q4 and outlook
Subscribe for More Information
07:26 EDTHRLHormel Foods initiated with a Hold at Deutsche Bank
Subscribe for More Information
November 17, 2014
10:29 EDTHRLTyson advances after profit beats expectations
Shares of meat producer Tyson Foods (TSN) are climbing after the company reported higher than expected profits and roughly in-line revenue. The company also made optimistic comments about the outlook for its meat products. WHAT'S NEW: Tyson reported fourth quarter earnings per share, excluding some items, of 87c, versus analysts' consensus estimate of 76c. The company's Q4 revenue of $10.11B was roughly in-line with expectations. Tyson provided fiscal 2015 EPS guidance of $3.30-$3.40, versus the consensus outlook of $3.33. However, the meat producer's fiscal 2015 revenue guidance came in at $42B, compared with the consensus outlook of $42.51B. Tyson expects its chicken segment to generate a 7%-9% return on sales over the long-term, but a return on sales of more than 10% in fiscal 2015. Hillshire Brands, which was acquired by Tyson earlier this year, should generate revenue synergies of $4B in fiscal 2015, added Tyson. Meanwhile, demand for beef is "very strong," and pork margins should be good in 2015, the meat producer stated. PRICE ACTION: In late morning trading, Tyson gained 4% to $42.34. Other meat producers also advanced, with Sanderson Farms (SAFM) rising 0.5% to $84.17 and Hormel Foods (HRL) gaining 0.6% to $54.84.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use