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Stock Market & Financial Investment News

News Breaks
January 10, 2014
12:04 EDTHOGS, PPC, TSN, HRL, SAFMRed 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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April 16, 2014
12:16 EDTTSNPost likely to beat out Tyson for Michael Foods, WSJ says
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April 11, 2014
15:44 EDTTSNTyson, Post final contenders to buy Michael Foods, Reuters says
Michael Foods, the egg and dairy products maker that has been put up for sale by Goldman Sachs' (GS) private equity arm, is evaluating binding bids from Tyson (TSN) and Post (POST) and is near a deal to be sold to one of the two for close to $2.5B, according to Reuters, citing people familiar with the matter. Reference Link
April 9, 2014
12:07 EDTHRL, PPC, SAFM, TSNU.S. red meat, poultry production forecast lowered
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