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Stock Market & Financial Investment News

News Breaks
June 5, 2014
09:16 EDTHSH, TSNTyson Foods should walk away from Hillshire Brands, says Credit Suisse
Credit Suisse believes the winner in acquiring Hillshire Brands (HSH) could actually be the loser and that Tyson Foods' (TSN) best move is to walk away from its $50 per share bid and let Pilgrim take the risk with a $55 per share bid. The analyst believes Tyson would have to issue stock to finance a bid above $50 per share and at $60, any accretion is gone. Shares of Tyson are Neutral rated with a $40 price target.
News For TSN;HSH 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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