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Stock Market & Financial Investment News

News Breaks
November 9, 2012
08:50 EDTTSN, HOGS, HRL, SAFM, SFDUSDA 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
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February 24, 2015
11:11 EDTSAFMSanderson Farms sees lower grain prices helping margins in 2015
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06:41 EDTSAFMSanderson Farms reports Q1 Georgia dock price for chickens up 9.2%
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06:40 EDTSAFMSanderson Farms reports Q1 EPS $2.87, consensus $2.99
Reports Q1 revenue $667.4M, consensus $652.44M
February 19, 2015
14:38 EDTTSN, SAFM, HRLGovernment panel continues to recommend lean meat, Bloomberg says
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06:33 EDTHRLHormel Foods reports Q1 Refrigerated Foods sales up 48%
Reports Q1 Refrigerated Foods operating profit up 38%. Reports Q1 Jennie-O Turkey Store sales up 18% and operating profit up 35%. Reports Q1 Grocery Products sales up 17% and operating profit up 15%. Reports Q1 Specialty Foods sales up 11% and operating profit up 7%.
06:32 EDTHRLHormel Foods raises FY15 adjusted EPS to $2.50-$2.60 from $2.45-$2.55
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06:30 EDTHRLHormel Foods reports Q1 adjusted EPS 69c, consensus 64c
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February 18, 2015
15:35 EDTHRLNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Wal-Mart (WMT), consensus $1.54... Priceline (PCLN), consensus $10.10... DIRECTV (DTV), consensus $1.40... Noble Energy (NBL), consensus 35c... Host Hotels & Resorts (HST), consensus 39c... Hormel Foods (HRL), consensus 64c... Discovery Communications (DISCA), consensus 41c... SCANA (SCG), consensus 73c... Quanta Services (PWR), consensus 51c... Patterson (PDCO), consensus 59c... Denbury Resources (DNR), consensus 23c... T-Mobile (TMUS), consensus 5c... Linn Energy (LINE), consensus 6c... Linn Co (LNCO), consensus 39c... Bloomin' Brands (BLMN), consensus 27c... Huntington Ingalls (HII), consensus $1.98.

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