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Stock Market & Financial Investment News

News Breaks
May 29, 2014
06:19 EDTTSNTyson pays $305,000 fine for chicken byproduct spill, Charlotte Observer says
Tyson Foods has agreed to pay $305,000 in a federal fine for a spill that dumped 210,000 gallons of chicken by products in Statesville, North Carolina, reports the Charlotte Observer, citing settlement papers filed Tuesday in federal court. Company spokesman Worth Sparkman said there was no health risk to the residents who relied on the water at the time. Reference Link
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October 17, 2014
09:07 EDTTSNProtein stock pullback on Sanderson comments overdone, says BMO Capital
BMO Capital views yesterday's decline in Sanderson Farms (SAFM), Pilgrim's Pride (PPC) and Tyson Foods (TSN) as an overreaction to Sanderson's comments regarding breast prices falling to year-ago levels for the next four months. BMO notes that breast prices always dip in the fall. Following Sanderson's investor day, BMO said it sees a greater probability of chicken margins remaining at near-record levels in 2015. It keeps an Outperform rating on the stock.
07:39 EDTTSNChicken stock sell-off yesterday overdone, says JPMorgan
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