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Stock Market & Financial Investment News

News Breaks
April 9, 2014
12:07 EDTSAFM, TSN, HRL, PPCU.S. red meat, poultry production forecast lowered
According to the latest WASDE report from the USDA, the 2014 forecast of total red meat and poultry production is lowered from last month as higher beef production is more than offset by lower pork, broiler, and turkey production. Publicly traded companies in the space include Hormel Foods (HRL), Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
News For TSN;PPC;HRL;SAFM 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, PPC, 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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