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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.
News For TSN From The Last 14 Days
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April 27, 2015
15:42 EDTTSNIowa Department of Agriculture reports four more cases of probable bird flu
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April 22, 2015
07:28 EDTTSNMexico halts imports of poultry products from Iowa due to bird flu, Reuters says
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April 21, 2015
08:33 EDTTSNBird flu outbreak spreads to large Iowa chicken farm, WSJ reports
An Iowa farm with about 5.3M chickens in Osceola County is the latest, and largest, chicken flock to be affected by an ongoing outbreak of avian influenza, or bird flu, reported The Wall Street Journal. The addition of this large flock brings the total number of chickens and turkeys affected by avian influenza to nearly 8M, the report noted. Last night, Hormel Foods (HRL) provided additional information regarding the anticipated impact of recent avian influenza outbreaks on its Jennie-O Turkey Store segment, stating that lower turkey supply is expected to impact plant operations and cause reduced sales volumes as the year progresses. Other publicly traded companies in the meat production space include Pilgrim's Pride (PPC), Sanderson Farms (SAFM) and Tyson Foods (TSN). Reference Link
April 13, 2015
12:04 EDTTSNUSDA confirms first commercial chicken case of bird flu, Reuters says
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