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Stock Market & Financial Investment News

News Breaks
November 30, 2012
08:57 EDTPPCCorrection: Pilgrim's Pride upgraded to Overweight from Equal Weight at Stephens
Stephens upgraded Pilgrim's Price to Overweight from Equal Weight based on expectations for improved U.S. and Mexican business profitability. Price target raised to $9 from $5.50.
News For PPC From The Last 14 Days
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May 3, 2015
12:52 EDTPPCAmerican Airlines, United among companies that may reward traders, Barron's says
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April 29, 2015
18:24 EDTPPCPilgrim's Pride reports Q1 adjusted EPS 82c, consensus 78c
Reports Q1 revenue $2.05B, consensus $2.08B.
April 27, 2015
15:42 EDTPPCIowa Department of Agriculture reports four more cases of probable bird flu
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April 22, 2015
07:28 EDTPPCMexico halts imports of poultry products from Iowa due to bird flu, Reuters says
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April 21, 2015
08:33 EDTPPCBird 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

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