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Stock Market & Financial Investment News

News Breaks
May 5, 2014
07:40 EDTTSNTyson Foods sees FY14 sales about $37B, consensus $35.94B
The company said, "We expect fiscal 2014 sales to approximate $37B as we continue to execute our strategy of accelerating growth in domestic value-added chicken sales, prepared food sales and international chicken production, as well as price increases associated with rising cattle and hog costs." The company sees its Chicken segment to be above its normalized range of 5.0%-7.0% for FY14, for its Beef segment's profitability to be similar to FY13, which was below its normalized range of 2.5%-4.5%, for its Pork segment to be in its normalized range of 6.0%-8.0% and for its Prepared Foods segment to be below its normalized range of 4.0%-6.0% for FY14. The company said about is International segment: "Unless market conditions improve, we will incur losses for the remainder of the year; however the losses in the third and fourth quarters of FY14 should be lower than the losses sustained in the first two quarters of FY14."
News For TSN From The Last 14 Days
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March 25, 2015
11:58 EDTTSNStephens food/agribusiness analyst holds analyst/industry conference call
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08:57 EDTTSNJBS S.A. weighing IPO for U.S. unit, Bloomberg reports
The world’s biggest meat producer, JBS S.A. (JBSAY), is mulling plans for an initial public offering of its U.S. unit, according to Bloomberg, citing two people with direct knowledge of the matter. Other 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
March 24, 2015
07:50 EDTTSNTyson Foods shares should be bought, says BB&T
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March 16, 2015
16:25 EDTTSNTyson Foods backs FY15 EPS $3.30-$3.40, consensus $3.43
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07:16 EDTTSNConsumer Analyst Group of Europe to hold a conference
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