|November 19, 2012|
|14:33 EDT||TSN||Tyson Foods upgraded to Buy from Neutral at DA Davidson|
News For TSN From The Last 14 Days
Check below for free stories on TSN the last two weeks.
|December 10, 2013|
|12:10 EDT||TSN||Red meat, poultry production forecast raised from November|
According to the latest WASDE report from the USDA, the forecasts for total red meat and poultry production for both 2013 and 2014 are raised from November. For 2013, small changes are made to Q4 for the major species, based on slaughter data to date. The forecast for 2014 is raised based on higher expected cattle and hog carcass weights and higher cattle slaughter. Cattle prices for 2013 and 2014 are raised from November as demand for fed cattle remains strong. Hog prices for 2013 are lowered as Q4 prices have been slightly weaker-than-expected. The forecast for 2014 is unchanged. Reference Link
|09:35 EDT||TSN||Tyson Foods downgraded to Hold from Buy at Miller Tabak|
Miller Tabak downgraded Tyson Foods due to valuation. Price target raised to $35 from $33.
|December 9, 2013|
|15:46 EDT||TSN||Tyson Foods investing to expand its own farms in China, WSJ says|
Rather than buying chickens from independent farmers, Tyson Foods is investing to build its own farms in China, says the Wall Street Journal. The company is targeting a doubling of production in China to three million chickens a week for supermarkets and restaurants, adds the Wall Street Journal. Reference Link
|December 3, 2013|
|08:20 EDT||TSN||Tyson pursuing prepared foods and value-added chicken acquisitions|
Subscribe for More Information
|08:17 EDT||TSN||Tyson Foods repeats forecast for FY14 revenue about $36B, consensus $35.84B|
Tyson sees FY14 adjusted EPS about twice that of 2H13, consensus $2.76. Beyond FY14, the company expects top-line sales to grow about 3-4% annually and says EPS should grow at least 10% annually over time. Guidance and growth expectations from company presentation slides.