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Stock Market & Financial Investment News

News Breaks
July 29, 2014
08:42 EDTTSN, PPCPilgrim's Pride price target raised to $30 from $25 at Stephens
Stephens raised its price target on Pilgrim's Pride (PPC) to $30 from $25 following the company's deal to purchase Tyson Foods' (TSN) Mexico operations, which the firm expects to be accretive to EPS. However, Stephens maintains its Equal Weight rating on Pilgrim's Pride, citing valuation.
News For PPC;TSN From The Last 14 Days
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December 19, 2014
13:43 EDTTSN, PPCUSDA says bird flu found in backyard poultry in Oregon
The United States Department of Agriculture’s Animal and Plant Health Inspection Service confirmed the presence of highly pathogenic H5N8 avian influenza in guinea fowl and chickens from a small backyard poultry flock in Winston, Oregon. The H5N8 virus has not been found in commercial poultry anywhere in the United States and there is no immediate public health concern, as the H5N8 virus has been found in birds in other parts of the world and has not caused any human infection to date, the USDA stated. The Fly notes companies that offer or are developing flu vaccines include BioCryst (BCRX) and Novavax (NVAX). Publicly traded meat producers include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
December 10, 2014
12:06 EDTPPC, TSNUSDA lowers 2014 meat production forecast
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09:53 EDTTSNTyson sees capturing over $500M in Hillshire synergies by end year three
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09:49 EDTTSNTyson Foods reiterates temporary halt on China expansion plans
09:44 EDTTSNTyson Foods targeting consistent growth, less volatile earnings
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09:25 EDTTSNTyson Foods lists 'rapid de-leveraging,' acquisitions among cash priorities
Tyson Foods said its priorities for cash include rapid de-leveraging from $1B+ cash flows and $500M+ from sale of Latin American operations; acquisitions to fulfill its growth strategy; and returning cash to shareholders through share repurchases and dividends.
09:19 EDTTSNTyson Foods repeats FY15 adjusted EPS view $3.30-$3.40, consensus $3.41
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December 9, 2014
12:29 EDTTSNTyson Foods volatility at low end of range into investor meeting
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December 5, 2014
13:16 EDTTSNTyson Foods to host investor meeting
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10:00 EDTTSNOn The Fly: Analyst Upgrade Summary
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09:32 EDTPPCPilgrim's Pride downgraded to Hold from Buy at BB&T
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06:40 EDTTSNTyson Foods upgraded to Conviction Buy from Buy at Goldman
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