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Stock Market & Financial Investment News

News Breaks
December 11, 2012
08:43 EDTSFD, HRL, HOGS, SAFM, TSNUSDA raises price forecasts for beef, pork and chicken
In its latest monthly World Agricultural Supply and Demand Estimates report, the USDA raised its price forecasts for beef, pork and chicken. In the case of cattle prices, the USDA cited strong demand through the end of this year and into 2013 for the increased price view. Broiler prices were also raised for both 2012 and 2013 based on firm demand. Hog price forecasts for both 2012 and 2013 were raised as lower forecast production is expected to support prices, the USDA said. Reference Link
News For TSN;HOGS;SFD;SAFM;HRL From The Last 14 Days
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November 25, 2014
06:32 EDTHRLHormel Foods increases dividend 25%
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06:30 EDTHRLHormel Foods reports Q4 EPS 63c, consensus 64c
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November 24, 2014
15:20 EDTHRLNotable companies reporting before tomorrow's open
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13:55 EDTHRLHormel Foods technical notes before earnings
The shares are trading close to their life high ahead of earnings. A key level to watch on strong news therefore is the high at $55.40. If the news is more bullish than already bullish expectations suggest, a run above the life high would likely lead to a test at common option strike prices such at $57.50 and $60. If the news is a disappointment the first important test of support would come at the 50-day moving average, last at $52.48. A breakdown below that moving average would break the uptrend support line. Next support below of significance would be at $49.62. A break of the moving average would be a sell signal in many technical trading systems and thus potentially longer-term bearish for price.
10:06 EDTHRLHormel Foods December volatility increases into Q4 and outlook
Hormel Foods December call option implied volatility is at 26, January is at 24, March is at 19; compared to its 26-week average of 21 according to Track Data, suggesting large near term price movement into the expected release of Q4 results on November 25.
November 21, 2014
10:01 EDTHRLOn The Fly: Analyst Initiation Summary
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08:23 EDTHRLHormel Foods December volatility increases into Q4 and outlook
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07:26 EDTHRLHormel Foods initiated with a Hold at Deutsche Bank
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November 20, 2014
07:24 EDTSAFMGoldman to hold a conference
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November 19, 2014
13:42 EDTTSNTyson Foods sees FY15 adjusted EPS $3.30-$3.40, consensus $3.40
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November 18, 2014
07:30 EDTTSNMorgan Stanley to hold a conference
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November 17, 2014
10:29 EDTTSN, HRL, SAFMTyson advances after profit beats expectations
Shares of meat producer Tyson Foods (TSN) are climbing after the company reported higher than expected profits and roughly in-line revenue. The company also made optimistic comments about the outlook for its meat products. WHAT'S NEW: Tyson reported fourth quarter earnings per share, excluding some items, of 87c, versus analysts' consensus estimate of 76c. The company's Q4 revenue of $10.11B was roughly in-line with expectations. Tyson provided fiscal 2015 EPS guidance of $3.30-$3.40, versus the consensus outlook of $3.33. However, the meat producer's fiscal 2015 revenue guidance came in at $42B, compared with the consensus outlook of $42.51B. Tyson expects its chicken segment to generate a 7%-9% return on sales over the long-term, but a return on sales of more than 10% in fiscal 2015. Hillshire Brands, which was acquired by Tyson earlier this year, should generate revenue synergies of $4B in fiscal 2015, added Tyson. Meanwhile, demand for beef is "very strong," and pork margins should be good in 2015, the meat producer stated. PRICE ACTION: In late morning trading, Tyson gained 4% to $42.34. Other meat producers also advanced, with Sanderson Farms (SAFM) rising 0.5% to $84.17 and Hormel Foods (HRL) gaining 0.6% to $54.84.
09:49 EDTTSNTyson Foods says 'very optimistic' about demand in chicken segment
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09:26 EDTTSNTyson says demand for beef 'very strong'
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09:22 EDTTSNTyson Foods trades higher after earnings, levels to watch
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09:22 EDTTSNOn The Fly: Pre-market Movers
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07:35 EDTTSNTyson Foods sees Hillshire acquisition adding $4B in revenues in FY15
The company says "We expect to realize substantial synergies from combining our Prepared Foods business with Hillshire Brands. Synergies are expected to come primarily from operational improvements, purchasing and distribution. As we execute our Prepared Foods strategy, we estimate the impact of the Hillshire Brands synergies, along with the cost savings and the production efficiencies associated with the previously announced plant closures, will positively impact our Prepared Foods segment by more than $225 million in fiscal 2015, and more than $500 million by the third full year of ownership. As we continue to integrate these businesses and deliver the first year synergies, the near-term results for fiscal 2015 are expected to be above the top end of our prior range of 6% despite a projected increase in raw material costs. However, as a result of the improvements we have made in our Prepared Foods business, our acquisition of Hillshire Brands and the significant synergies we expect to realize over the next few years, we believe the long-term profitability of this business should be between 10-12%."
07:35 EDTTSNTyson Foods sees FY15 sales $42B, consensus $42.51B
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07:33 EDTTSNTyson Foods sees FY15 adjusted EPS $3.30-$3.40, consensus $3.33
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07:32 EDTTSNTyson Foods reports Q4 adjusted EPS 87c, consensus 76c
Reports Q4 revenue $10.11B, consensus $10.16B.
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