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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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February 24, 2015
11:11 EDTSAFMSanderson Farms sees lower grain prices helping margins in 2015
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06:41 EDTSAFMSanderson Farms reports Q1 Georgia dock price for chickens up 9.2%
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06:40 EDTSAFMSanderson Farms reports Q1 EPS $2.87, consensus $2.99
Reports Q1 revenue $667.4M, consensus $652.44M
February 19, 2015
14:38 EDTTSN, SAFM, PPC, HRLGovernment panel continues to recommend lean meat, Bloomberg says
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06:33 EDTHRLHormel Foods reports Q1 Refrigerated Foods sales up 48%
Reports Q1 Refrigerated Foods operating profit up 38%. Reports Q1 Jennie-O Turkey Store sales up 18% and operating profit up 35%. Reports Q1 Grocery Products sales up 17% and operating profit up 15%. Reports Q1 Specialty Foods sales up 11% and operating profit up 7%.
06:32 EDTHRLHormel Foods raises FY15 adjusted EPS to $2.50-$2.60 from $2.45-$2.55
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06:30 EDTHRLHormel Foods reports Q1 adjusted EPS 69c, consensus 64c
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February 18, 2015
15:35 EDTHRLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.54... Priceline (PCLN), consensus $10.10... DIRECTV (DTV), consensus $1.40... Noble Energy (NBL), consensus 35c... Host Hotels & Resorts (HST), consensus 39c... Hormel Foods (HRL), consensus 64c... Discovery Communications (DISCA), consensus 41c... SCANA (SCG), consensus 73c... Quanta Services (PWR), consensus 51c... Patterson (PDCO), consensus 59c... Denbury Resources (DNR), consensus 23c... T-Mobile (TMUS), consensus 5c... Linn Energy (LINE), consensus 6c... Linn Co (LNCO), consensus 39c... Bloomin' Brands (BLMN), consensus 27c... Huntington Ingalls (HII), consensus $1.98.

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