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Stock Market & Financial Investment News

News Breaks
June 11, 2014
13:45 EDTPF, HSH, TSNPinnacle mulls seeking higher break fee as Hillshire won't back deal, WSJ says
Hillshire Brands (HSH) privately notified Pinnacle Foods (PF) earlier this week that it does not plan to recommend a merger with Pinnacle to its shareholders, and Pinnacle is now considering whether to hold Hillshire to its merger agreement or seek more money to agree to terminate its deal, according to The Wall Street Journal, citing people familiar with the matter. Hillshire's board has previously said that it has not approved or signed any deal to be acquired by Tyson (TSN), which has proposed to acquire it for $63 per share in cash. Reference Link
News For PF;HSH;TSN From The Last 14 Days
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October 17, 2014
09:07 EDTTSNProtein stock pullback on Sanderson comments overdone, says BMO Capital
BMO Capital views yesterday's decline in Sanderson Farms (SAFM), Pilgrim's Pride (PPC) and Tyson Foods (TSN) as an overreaction to Sanderson's comments regarding breast prices falling to year-ago levels for the next four months. BMO notes that breast prices always dip in the fall. Following Sanderson's investor day, BMO said it sees a greater probability of chicken margins remaining at near-record levels in 2015. It keeps an Outperform rating on the stock.
07:39 EDTTSNChicken stock sell-off yesterday overdone, says JPMorgan
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October 16, 2014
15:35 EDTTSNSanderson Farms falls following investor day meeting
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