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Stock Market & Financial Investment News

News Breaks
April 16, 2014
12:16 EDTTSN, POSTPost likely to beat out Tyson for Michael Foods, WSJ says
Post Holdings (POST) has emerged as the likely purchaser of Michael Foods and a deal for as much much as $2.5B may be announced tomorrow, said The Wall Street Journal, citing people familiar with the matter. Post's bid beat out competitors that included Tyson Foods (TSN), the report added. Post is up 3% following the report, while Tyson shares are up fractionally in early afternoon trading but off their earlier highs. Reference Link
News For POST;TSN From The Last 14 Days
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April 22, 2015
07:28 EDTTSNMexico halts imports of poultry products from Iowa due to bird flu, Reuters says
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April 21, 2015
08:33 EDTTSNBird flu outbreak spreads to large Iowa chicken farm, WSJ reports
An Iowa farm with about 5.3M chickens in Osceola County is the latest, and largest, chicken flock to be affected by an ongoing outbreak of avian influenza, or bird flu, reported The Wall Street Journal. The addition of this large flock brings the total number of chickens and turkeys affected by avian influenza to nearly 8M, the report noted. Last night, Hormel Foods (HRL) provided additional information regarding the anticipated impact of recent avian influenza outbreaks on its Jennie-O Turkey Store segment, stating that lower turkey supply is expected to impact plant operations and cause reduced sales volumes as the year progresses. Other publicly traded companies in the meat production space include Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
April 13, 2015
12:04 EDTTSNUSDA confirms first commercial chicken case of bird flu, Reuters says
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April 12, 2015
15:07 EDTPOSTADT, Post, three other spinoffs could go higher, Barron's says
Citizens Financial (CFG), KLX (KLXI), ADT (ADT), Post Holdings (POST), and Rouse Properties (RSE) are spinoffs that look attractive, Barron's contends in a feature article. Reference Link

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