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Stock Market & Financial Investment News

News Breaks
May 7, 2013
08:42 EDTTSNTyson Foods weakness an overreaction, says BMO Capital
After Tyson Foods reported weaker than expected Q2 results, BMO Capital thinks the miss was caused by a temporary shortfall in beef and pork. The firm believes that the company's earnings power is being underestimated, as it is on track to generate normal margins across each of its segments in FY2014. BMO Capital keeps an Outperform rating on the shares.
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April 16, 2014
12:16 EDTTSNPost likely to beat out Tyson for Michael Foods, WSJ says
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April 11, 2014
15:44 EDTTSNTyson, Post final contenders to buy Michael Foods, Reuters says
Michael Foods, the egg and dairy products maker that has been put up for sale by Goldman Sachs' (GS) private equity arm, is evaluating binding bids from Tyson (TSN) and Post (POST) and is near a deal to be sold to one of the two for close to $2.5B, according to Reuters, citing people familiar with the matter. Reference Link

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