New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 9, 2012
08:50 EDTSFD, HRL, TSN, SAFM, HOGSUSDA raises forecast for 2012 red meat, poultry production, lowers 2013 view
In its monthly World Agricultural Supply & Demand Estimates report for November, the USDA said its forecast for 2012 red meat and poultry production was raised from last month as higher broiler and turkey production more than offsets lower red meat production. The USDA did lower its forecast for 2013 red meat and poultry production from last month, largely reflecting lower beef and pork production, though it sees broiler production up slightly from its prior view. Its view of cattle prices were raised for both 2012 and 2013, reflecting tight supplies of fed cattle, and broiler prices were raised for both 2012 and 2013 as well, with the USDA citing stronger than expected demand. Reference Link
News For SFD;HRL;TSN;SAFM;HOGS From The Last 14 Days
Check below for free stories on SFD;HRL;TSN;SAFM;HOGS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
August 26, 2014
08:56 EDTSAFMOn The Fly: Pre-market Movers
HIGHER: Tim Hortons (THI), up 10.5% after announcing merger agreement with Burger King (BKW), which is up 4% after the news. Burger King CEO Schwartz will become group CEO of the new company and Berkshire Hathaway (BRK.A) has committed $3B of preferred equity financing for the deal... DSW (DSW), up 12% after reporting Q2 earnings beat, FY14 outlook above consensus... Kite Pharma (KITE), up 17% after announcing phase 1-2a results from trial of potential treatment of non-Hodgkin's lymphoma... Mobileye (MBLY), up 4.4% after coverage of stock initiated at several research firms, including Morgan Stanley which started with an Overweight rating and $46 price target and named it a new top pick... Kandi Technologies (KNDI), up 9% following Bloomberg report on Chinese government considering funding for electric car chargers. LOWER: Best Buy (BBY), down 3.7% after reporting Q2 revenue below consensus, Q2 same-store sales decline of 2.7%... Sanderson Farms (SAFM), down 5.9% after Q3 earnings, revenue miss estimates... Movado (MOV), down 5.1% after Q2 revenue miss expectations... DOWN AFTER EARNINGS: Prospect Capital (PSEC), down 3.5%... Trina Solar (TSL), down 7.6%.
06:34 EDTSAFMSanderson Farms to begin processing chickens at new facilities in Q1
Subscribe for More Information
06:32 EDTSAFMSanderson Farms reports Q3 EPS $3.30, consensus $3.82
Reports Q3 revenue $768.4M, consensus $789.20M.
August 25, 2014
15:18 EDTSAFMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
August 22, 2014
10:01 EDTHRLOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:25 EDTHRLHormel Foods upgraded to Overweight from Equal Weight at Stephens
Subscribe for More Information
August 21, 2014
17:00 EDTHRLOn The Fly: Closing Wrap
Stocks began the session in lackluster fashion as the averages opened just above yesterday’s close. There was little early reaction to the morning’s economic reports including the jobless claims data, Philadelphia Fed report, leading economic indicators, and natural gas storage change report. But by mid-day, the Dow had asserted itself as the day’s leader while the Nasdaq struggled to stain positive territory. As the afternoon progressed the Dow continued its advance, the Nasdaq hit 14-year highs, and the S&P also touched a new all-time high. ECONOMIC EVENTS: Jobless Claims data continues to trend lower, with the week of August 16 coming in at 298K vs. a consensus of 300K... The PMI Manufacturing Index Flash was strong at 58.0 for August, up 1.7 points from the July flash of 56.3. COMPANY NEWS: eBay (EBAY) rose almost 5% after a report said that a PayPal spin-off was under consideration... Hormel (HRL) gained almost 5% and hit a 52-week high after reporting better than expected earnings before the market opened... Sears Holding (SHLD) fell over 7% after reporting Q2 earnings this morning that missed on the top and bottom lines. INDEXES: The Dow closed up 60.36, or 0.36%, to 17,039.49, the Nasdaq closed up 5.62, or 0.12%, to 4,532.10, and the S&P 500 closed up 5.86, or 0.29%%, to 1,992.37.
12:24 EDTHRL, TSNHormel hits 52-week high after Q3 results beat estimates
Subscribe for More Information
09:37 EDTHRLHormel Foods trades higher after results
Shares are up 3.2% to $49.41 in early trading, just shy of the 52-week high and life high at $49.87. Support is at $48.81.
06:32 EDTHRLHormel Foods sees FY14 EPS $2.17-$2.27, consensus $2.19
Subscribe for More Information
06:32 EDTHRLHormel Foods: Q2 results reflect strong demand for pork and turkey
Subscribe for More Information
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
Subscribe for More Information
August 19, 2014
18:19 EDTTSNTyson, Hillshire announce extension of tender offer for shares of Hillshire
Subscribe for More Information
10:13 EDTSAFMOn The Fly: Analyst Initiation Summary
Subscribe for More Information
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
Subscribe for More Information
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.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use