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Stock Market & Financial Investment News

News Breaks
March 20, 2013
06:44 EDTSAFM, SFD, HRL, HOGS, TSNSenate budget bill stalls as meat industry seeks more inspectors, Politico says
A Senate bill that would prevent the government from shutting down on March 27 has stalled in the Senate, according to Politico. Part of the reason for the slowdown is attempts by the meat industry to get Congress to act to prevent packing plants from being short of the inspectors they need to operate efficiently during the summer months, the website explained. Reference Link
News For SAFM;SFD;HRL;HOGS;TSN From The Last 14 Days
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August 21, 2014
06:32 EDTHRLHormel Foods sees FY14 EPS $2.17-$2.27, consensus $2.19
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06:32 EDTHRLHormel Foods: Q2 results reflect strong demand for pork and turkey
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06:31 EDTHRLHormel Foods reports Q3 EPS 51c, consensus 48c
Reports Q2 revenue $2.28B, consensus $2.23B
August 20, 2014
15:26 EDTHRLNotable companies reporting before tomorrow's open
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August 19, 2014
18:19 EDTTSNTyson, Hillshire announce extension of tender offer for shares of Hillshire
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10:13 EDTSAFMOn The Fly: Analyst Initiation Summary
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09:34 EDTSAFMSanderson Farms initiated with a Buy at Sidoti
Target $122.
August 15, 2014
10:23 EDTHRLHormel volatility flat into Q3 and outlook
Hormel September call option implied volatility is at 20, December 18; compared to its 26-week average of 19 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on August 21.
August 14, 2014
08:22 EDTHRLHormel September volatility elevated into Q3 and outlook
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06:22 EDTTSNEPA advancing criminal probe into chemical spill at Tyson plant, WSJ reports
The EPA is advancing its criminal probe into May's chemical spill at a Tyson Foods poultry-processing plant in Missouri, the Wall Street Journal reports. Two weeks ago, the EPA served a search warrant at the plant and is seeking documents and records fromt he company as it looks into the plant's discharge of waste from an animal feed supplement into the city's sewers. The chemical spill released high levels of ammonia into a creek and killed at least 100,000 fish. Reference Link
August 13, 2014
07:31 EDTTSNHillshire Brands reports Q4 adjusted EPS 33c, consensus 26c
Reports Q4 revenue $1.1B, consensus $994.1M. As previously announced, on July 1, Hillshire Brands entered into a definitive agreement with Tyson Foods (TSN) under which Tyson will acquire all outstanding shares of Hillshire Brands for $63 per share. On August 12, 2014, each of Tyson and Hillshire Brands received a request for additional information, each often referred to as a “second request,” from the Antitrust Division of the Department of Justice in connection with the proposed acquisition. Each second request was issued pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended. The second requests relate only to a very small portion of the combined Tyson/Hillshire Brands business, and the parties are working expeditiously to resolve this matter with the Antitrust Division. Tyson and Hillshire Brands continue to expect that the transaction, which remains subject to customary closing conditions, will be completed by September 27.
August 12, 2014
18:31 EDTTSNTyson, Hillshire Brands announce extension of tender offer for Hillshire shares
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08:02 EDTHRLHormel Foods closes acquisition of CytoSport
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August 11, 2014
17:20 EDTTSNUltimate Software to replace Hillshire Brands in S&P 400 as of 8/14 close
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August 8, 2014
10:00 EDTTSNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Activision Blizzard (ATVI) upgraded to Buy from Neutral at Longbow... Allergan (AGN) upgraded to Outperform from Market Perform at Leerink... Andersons (ANDE) upgraded to Buy from Hold at Feltl... Arista Networks (ANET) upgraded to Buy from Neutral at Citigroup... Barrick Gold (ABX) upgraded to Conviction Buy from Buy at Goldman... Brinker (EAT) upgraded to Outperform from Market Perform at Raymond James... CF Industries (CF) upgraded to Buy from Hold at Feltl... CST Brands (CST) upgraded to Neutral from Underperform at Credit Suisse... Cimarex Energy (XEC) upgraded to Accumulate from Hold at KLR Group... Coca-Cola HBC (OCCH) upgraded to Buy from Hold at Deutsche Bank... Delek US (DK) upgraded to Outperform at Cowen... Fifth Street Finance (FSC) upgraded to Buy from Neutral at Guggenheim... Glimcher Realty Trust (GRT) upgraded to Buy from Neutral at BofA/Merrill... Goodrich Petroleum (GDP) upgraded to Strong Buy from Outperform at Raymond James... Monster Beverage (MNST) upgraded to Neutral from Underperform at Longbow... NIC Inc. (EGOV) upgraded to Outperform from Market Perform at Barrington... NVIDIA (NVDA) upgraded at Needham... POZEN (POZN) upgraded to Buy from Hold at Ascendiant... Power Solutions (PSIX) upgraded to Accumulate from Neutral at Global Hunter... Primoris (PRIM) upgraded to Buy from Hold at BB&T... Sierra Bancorp (BSRR) upgraded to Outperform from Market Perform at Raymond James... Sonus Networks (SONS) upgraded to Outperform from Market Perform at Barrington... Stone Energy (SGY) upgraded to Buy from Accumulate at KLR Group... Tornier (TRNX) upgraded at BMO Capital... Tyson Foods (TSN) upgraded to Buy from Hold at BB&T... WGL Holdings (WGL) upgraded to Buy from Hold at Brean Capital.
09:28 EDTTSNTyson Foods upgraded to Buy from Hold at BB&T
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August 7, 2014
11:34 EDTTSN, SAFMRussia retaliates with restrictions on U.S. chicken imports, CNN says
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