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Stock Market & Financial Investment News

News Breaks
February 25, 2013
05:55 EDTPPCPilgrim's Pride of Mexico takes steps to protect breeder supply in Mexico
Pilgrim's Pride has identified an increased mortality rate of the breeder flock at the company's complex located in the state of Guanajuato in central Mexico. Management is working closely with regulatory authorities to perform blood tests to check for whether H7N3 virus is present, but has already instituted preventative precautions. The identified complex has been isolated with additional biosecurity measures implemented. These measures include seeking and receiving authorization to vaccinate both breeders and grandparent stock in unaffected areas. The Guanajuato complex is responsible for a small amount of Pilgrim's Mexican hatching eggs. The majority of Pilgrim's hatching operations are strategically located in other states throughout Mexico.
News For PPC From The Last 14 Days
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October 29, 2014
17:05 EDTPPCPilgrim's Pride reports Q3 EPS 99c, consensus 79c
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October 17, 2014
11:14 EDTPPCPilgrim's Pride recovers some lost ground, levels to watch
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09:07 EDTPPCProtein stock pullback on Sanderson comments overdone, says BMO Capital
BMO Capital views yesterday's decline in Sanderson Farms (SAFM), Pilgrim's Pride (PPC) and Tyson Foods (TSN) as an overreaction to Sanderson's comments regarding breast prices falling to year-ago levels for the next four months. BMO notes that breast prices always dip in the fall. Following Sanderson's investor day, BMO said it sees a greater probability of chicken margins remaining at near-record levels in 2015. It keeps an Outperform rating on the stock.
07:39 EDTPPCChicken stock sell-off yesterday overdone, says JPMorgan
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