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May 28, 2014
08:10 EDTPPC, HSHHillshire Brands downgraded to Market Perform from Outperform at BMO Capital
BMO Capital downgraded Hillshire (HSH) based on valuation, after the stock rallied following Pilgrim Pride's $45 takeover bid.
News For HSH;PPC From The Last 14 Days
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October 9, 2015
12:06 EDTPPCUSDA increases meat production forecasts for 2015, 2016
In its latest World Agricultural Supply and Demand Estimates report, the USDA increased its forecasts for total meat production in 2015 and 2016. Beef production for 2015 is raised on larger forecast slaughter of fed cattle in the second half of 2015 and heavier carcass weights. The forecast for 2016 is raised as cattle slaughter and carcass weights in the first half are projected higher than last month. The pork production forecasts for both 2015 and 2016 are raised. The pace of hog slaughter in the remainder of 2015 is expected to be higher, the USDA said. Publicly traded companies in the meat production space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN).
October 7, 2015
10:05 EDTPPCHigh option volume stocks
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September 30, 2015
07:44 EDTPPCTyson Foods valuation multiples 'remain compressed,' says JPMorgan
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