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Stock Market & Financial Investment News

News Breaks
June 5, 2014
06:26 EDTPPC, HSH, TSNTyson considers costly Hillshire acquisition, WSJ says
Data from Dealogic says a winning bid of Hillshire (HSH) will likely be Tyson's (TSN) costliest acquisition ever and would require it to borrow heavily and potentially issue new equity, reports the Wall Streett Journal. Analysts say Tyson still has the balance sheet to pull off a higher offer and is still expected to do so. Pilgrim's Pride (PPC) current offer is at $6.8B for Hillshire Brands. Reference Link
News For TSN;HSH;PPC From The Last 14 Days
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August 27, 2015
19:53 EDTTSNMcDonald's, Tyson Foods drop T&S Farm after animal cruelty video, Reuters says
McDonald's (MCD) and Tyson Foods (TSN) terminated a contract with T&S Farm after animal rights activists shot an undercover video showing farm workers engaging in "unacceptable animal treatment", reports Reuters citing Tyson spokesman Worth Sparkman and a statement from McDonald's. Reference Link
August 26, 2015
19:54 EDTTSNJudge overturns roughly $24M in damages against Tyson Foods, Reuters says
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August 20, 2015
19:53 EDTTSNRetailers, others question heightened fees at Port of Oakland, WSJ says
After the Port of Oakland said it is considering implementing additional fees, the Retail Industry Leaders Association told the Federal Maritime Commission that it is "troubled" due to the lack of details regarding the fees, according to the Wall Street Journal. The retailer group also questioned the general effectiveness of such a program, and the Agriculture Transportation Coalition echoed the criticism, said the report. Note that executives from Lowe's (LOW), Best Buy (BBY), Target (TGT), Coca-Cola (KO), J.C. Penney (JCP), Tyson Foods (TSN), SunOpta (STKL), and Whole Foods (WFM) serve on the boards of the aforementioned associations. Reference Link
August 19, 2015
09:25 EDTPPCBB&T to hold a conference
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