whytestocks
5 년 전
News: $TSN Tyson Foods Reports Third Quarter Fiscal 2019 Results
SPRINGDALE, Ark., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair , today r...
Read the whole news Tyson Foods Reports Third Quarter Fiscal 2019 Results
crudeoil24
6 년 전
Tyson's Stock Jumps After Introducing New Plant-based Nuggets, 'blended' Burgers -- MarketWatch
7:08 am ET June 13, 2019 (MarketWatch)
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Shares of Tyson Foods Inc. (TSN) rallied 1.7% in premarket trade Thursday, after the meat producer said it was entering the alternative protein market, as it unveiled new plant-based products under the Raised & Rooted brand. The company said it initial products it will launch this year include plant-based nuggets and "blended" burgers made with a combination of meat and plants. The company said its Aidells brand has also launched sausage and meatballs made with chicken and plant-based ingredients. "Today's consumers are seeking more protein options so we're creating new products for the growing number of people open to flexible diets that include both meat and plant-based protein," said Chief Executive Noel White. "For us, this is about 'and' -- not 'or.'" Tyson's announcement comes after Beyond Meat Inc.'s (http://www.marketwatch.com/story/beyond-meat-at-risk-as-competitors-like-impossible-burger-take-root-2019-06-12)(BYND) initial public offering was well received to say the least, as the stock closed Wednesday at $141.97, or nearly six-times the $25 IPO price. Tyson's stock has rallied 53.4% year to date through Wednesday, while the S&P 500 has gained 14.9%.
-Tomi Kilgore
For more from MarketWatch: http://www.marketwatch.com/newsviewer
(END) Dow Jones Newswires
June 13, 2019 07:08 ET (11:08 GMT)
tw0122
6 년 전
US factory workers are touching raw chicken with their bare hands as it ‘piles up’ on the production line, an investigation has found.
Channel 4’s Dispatches sent an undercover reporter to work in a poultry processing plant in Texas, operated by the country’s biggest poultry producer, Tyson Foods.
They found the factory relied on chlorinating chicken as a ‘fail-safe’ to kill bacteria caused by a range of ‘unhygienic’ processes.
Presenter Kate Quilton, who is fronting the investigation, described the undercover footage of the factory as ‘shocking’.
ITMS
6 년 전
Tyson Foods Flops After Earnings, Here's The Trade
Earlier today, leading food company, Tyson Foods Inc (NYSE:TSN), reported earnings that disappointed the street. The stock is trading lower by $3.50 to $58.09 a share. Traders and investors should note that the stock has been forming a bearish base on the larger times frame charts. This pattern still indicates further downside for the stock price. The next important support level that I see is going to be around the $52.00 level. This is where the stock was defended in January 2016 and it should be solid support when retested. The food company owns popular brands such as Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells and State Fair.
Nicholas Santiago
InTheMoneyStocks
Pro-Life
8 년 전
What a joke... and the insiders got out at the top:
http://ih.advfn.com/p.php?pid=nmona&article=72965048
On September 2, 2016, some in the media reported the filing of an antitrust class action lawsuit against Tyson Foods and some of its peers for conspiring to manipulate the price of broiler chickens. Allegedly, in 2008, Tyson Foods and several other companies conspired by sharing proprietary data and reducing production to support prices. On October 7, 2016, Pivotal Research downgraded Tyson Foods due to fears over the class action against the Company, which it called "powerfully convincing." When this information came into view to the public, the stock price of Tyson Foods decreased, causing investors harm.
MiamiGent
9 년 전
TSN Nice beat! Profits way up and Guidance raised substantially.
Up 5.50% in Pre-Mkt- PPS rose just prior to ER.
http://stockcharts.com/h-sc/ui?s=TSN
Tyson Foods Boosts Profit Outlook for 2016
BY Dow Jones & Company, Inc. — 8:35 AM ET 05/09/2016
Tyson Foods Inc. ( TSN ) raised its profit forecast for the year, as the meat supplier reported better-than-expected earnings and revenue in the second quarter, helped by continued strong consumer demand.
The company raised its full-year profit forecast to a range of $4.20 to $4.30 a share, compared with prior guidance of $3.85 to $3.95 a share, which was already a projected record for annual earnings at the company.
Shares, which have risen 63% in the past 12 months, rose 4.1% premarket.
The Springdale, Ark., company has benefited in recent quarters from robust consumer spending, increased meat supplies and low prices for animal feed.
Donnie Smith, Tyson's chief executive, said the second quarter is typically is most challenging of its fiscal year. " We've produced record results in the first half of the fiscal year, and we expect continued strong performance in the second half," Mr. Smith said.
Tyson, the largest U.S. meat processor by sales, has said that expanding cattle, hog and poultry supplies would reduce costs for its prepared-foods business, while its restaurant clients would benefit from freer-spending consumers.
In the second quarter, the company expanded its adjusted operating margin to 7.7%, which Tyson said was a record for the period, from 5.5% a year before.
Over all, Tyson posted a profit of $432 million, or $1.10 a share, up from $310 million, or 75 cents a share, a year earlier. Excluding certain items, per-share earnings were $1.07, up from 75 cents. Analysts surveyed by Thomson Reuters forecast per-share earnings of 95 cents.
Revenue slid 8.1% to $9.17 billion. Analysts had anticipated $9.04 billion.
Write to Joshua Jamerson at joshua.jamerson@wsj.com
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