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Stock Market & Financial Investment News

News Breaks
July 25, 2014
14:46 EDTTSNTyson Foods technical commentary before earnings
Shares have underperformed the broader averages over the prior three months, with a loss of over 6% in the period. At current price of $39.52, the stock is in the middle of its range for the period, which has a low at the $35 area and a high at $43. Those two boundaries are likely to be the levels tested on either a negative or positive surprise, respectively. A move down to $35 would end the current uptrend recovery from lows set in mid-June, which would have bearish implications for future price. A move to $43 while very short-term bullish would leave the stock in a neutral posture on a longer term basis near the 52-week high at $44.24.
News For TSN From The Last 14 Days
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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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