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Stock Market & Financial Investment News

News Breaks
July 2, 2014
17:23 EDTTSN, HSH, PFHillshire,Tyson deal includes $261.3M termination fee
Disclosed in a regulatory filing: The Merger Agreement contains specified termination rights for both Tyson (TSN) and Hillshire (HSH). Under certain circumstances, Hillshire will pay Tyson a termination fee of $261,340,000 and will reimburse Tyson the amount of the Pinnacle (PF) Termination Fee previously paid by Tyson to Pinnacle, on behalf of Hillshire.
News For HSH;TSN;PF From The Last 14 Days
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February 24, 2015
07:21 EDTPFPinnacle Foods sees FY15 adjusted EPS $1.86-$1.91, consensus $1.91
Sees FY15 input cost inflation estimated at 3%-3.5%; Sees FY15 productivity estimated at range of 3%-4%. Sees FY15 effective tax rate of 38%.
07:20 EDTPFPinnacle Foods reports Q4 Birds Eye Frozen sales up 4.9% to $317.4M
Reports Q4 Duncan Hines Grocery down 3% to $305.4M; Reports Q4 Specialty Foods sales down 10.3% to $82.6M.
07:20 EDTPFPinnacle Foods reports Q4 EPS excl items 64c, consensus 64c
Reports Q4 revenue $705.3M, consensus $718.35M. North America Retail net sales increased 0.9% to $622.7 million in Q4.
February 19, 2015
14:38 EDTTSNGovernment panel continues to recommend lean meat, Bloomberg says
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