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Stock Market & Financial Investment News

News Breaks
May 29, 2014
09:21 EDTTSNTyson Foods to host conference call
Conference call to discuss offer to acquire Hillshire Brands will be held on May 29 at 9 am. Webcast Link
News For TSN From The Last 14 Days
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August 27, 2015
19:53 EDTTSNMcDonald's, Tyson Foods drop T&S Farm after animal cruelty video, Reuters says
McDonald's (MCD) and Tyson Foods (TSN) terminated a contract with T&S Farm after animal rights activists shot an undercover video showing farm workers engaging in "unacceptable animal treatment", reports Reuters citing Tyson spokesman Worth Sparkman and a statement from McDonald's. Reference Link
August 26, 2015
19:54 EDTTSNJudge overturns roughly $24M in damages against Tyson Foods, Reuters says
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August 20, 2015
19:53 EDTTSNRetailers, others question heightened fees at Port of Oakland, WSJ says
After the Port of Oakland said it is considering implementing additional fees, the Retail Industry Leaders Association told the Federal Maritime Commission that it is "troubled" due to the lack of details regarding the fees, according to the Wall Street Journal. The retailer group also questioned the general effectiveness of such a program, and the Agriculture Transportation Coalition echoed the criticism, said the report. Note that executives from Lowe's (LOW), Best Buy (BBY), Target (TGT), Coca-Cola (KO), J.C. Penney (JCP), Tyson Foods (TSN), SunOpta (STKL), and Whole Foods (WFM) serve on the boards of the aforementioned associations. Reference Link
August 14, 2015
17:17 EDTTSNPoint72 gives quarterly update on stakes
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12:01 EDTTSNTyson Fresh Meats reduces beef production capacity
Tyson Fresh Meats, a subsidiary of Tyson Foods, is reducing its beef production capacity due to a continued lack of available cattle. Effective today, the company will permanently cease beef operations at its plant in Denison, Iowa, to better align its overall production capacity with current cattle supplies. The by-product rendering system at the Denison plant will continue operations. It will process by-products from other Tyson locations and will employ approximately 20 people. The 400 workers affected by the end of beef production at Denison are being given an opportunity to apply for jobs at other Tyson locations. In fact, the company is offering financial incentives to hourly workers who qualify for production openings at the company's Lexington, Nebraska, beef plant.

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