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Stock Market & Financial Investment News

News Breaks
June 11, 2014
12:05 EDTPPC, SAFM, TSN, HRLUSDA lowers forecast for 2014 meat production
The forecast for total meat production in 2014 is lowered from last month as lower beef and broiler production more than offsets increased pork and turkey production, the USDA stated in its latest World Agricultural Supply and Demand Estimates report. Cattle, hog, and turkey price forecasts for 2014 and 2015 are unchanged from last month, the report added. Publicly traded companies in the meat production 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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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.
February 13, 2015
07:36 EDTHRLHormel in late-stage talks to buy organic producer Applegate Farms, Reuters says
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