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Stock Market & Financial Investment News

News Breaks
January 10, 2014
12:04 EDTHRL, SAFM, HOGS, PPC, TSNRed meat, poultry production forecasts lowered from December
According to the latest WASDE report from the USDA, forecasts for total red meat and poultry production for both 2013 and 2014 are lowered from December. For 2013, beef production is raised, but pork, broiler, and turkey production are reduced. The forecast for 2014 is reduced as lower pork and turkey production more than offset an increased beef production forecast. Beef imports are unchanged for 2013, but are raised slightly for 2014. Beef exports are raised for both 2013 and 2014 as the pace of exports over the past several months has been strong. Pork imports and exports for both 2013 and 2014 are unchanged from last month. Reference Link
News For PPC;SAFM;TSN;HOGS;HRL From The Last 14 Days
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August 27, 2015
19:53 EDTTSNMcDonald's, Tyson Foods drop T&S Farm after animal cruelty video, Reuters says
McDonald's (MCD) and Tyson Foods (TSN) terminated a contract with T&S Farm after animal rights activists shot an undercover video showing farm workers engaging in "unacceptable animal treatment", reports Reuters citing Tyson spokesman Worth Sparkman and a statement from McDonald's. Reference Link
August 26, 2015
19:54 EDTTSNJudge overturns roughly $24M in damages against Tyson Foods, Reuters says
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August 25, 2015
11:50 EDTSAFMSanderson Farms says 'relief' needed from drop in leg volume and prices
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11:17 EDTSAFMSanderson Farms: Food service demand was better in Q3 than previous year
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07:06 EDTSAFMSanderson Farms on track to increase production at Palestine, TX plant in Jan.
The company says, "The plant is now moving to fifty percent capacity, and we are on schedule to increase production at the plant again in January 2016. We expect to reach full production during the second fiscal quarter of 2016. We also broke ground on our new St. Pauls, North Carolina, facilities in July, and we look forward to the opportunities the new facilities will provide to our shareholders, our customers and our employees."
07:05 EDTSAFMSanderson Farms: Results affected by accurals booked for bonus award program
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07:05 EDTSAFMSanderson Farms reports Q3 EPS $2.27, consensus $2.90
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