Tyson (TSN) PT Raised to $81 at JPMorgan Following 4Q

Go back to Tyson (TSN) PT Raised to $81 at JPMorgan Following 4Q

Tyson (TSN) PT Raised to $89 at BMO Capital on 3Q Report; 'Stellar Beef Packer Margins'

November 14, 2017 9:30 AM EST

BMO Capital raised its price target on Tyson (NYSE: TSN) to $89.00 (from $85.00) while maintaining a Outperform rating, following the company's third quarter earnings report.

Analyst Kenneth Zaslow notes a positive outlook on the shares, as the company reported third quarter earnings per share and... More

Tyson (TSN) PT Raised to $82 at Stephens Following 4Q Report

November 14, 2017 9:10 AM EST

Stephens raised its price target on Tyson (NYSE: TSN) to $82.00 (from $78.00) while maintaining a Overweight rating following the company's 4Q earnings report. TSN reported F4Q17 EPS of $1.43 vs. $0.96 in the year ago period. Results were $0.08 above consensus of $1.35.

Tyson is benefiting from very... More

Tyson weighs sites for $320 million chicken plant after Kansas town objects

November 13, 2017 7:01 PM EST

By Tom Polansek and Theopolis Waters

CHICAGO (Reuters) - Tyson Foods Inc (NYSE: TSN) is weighing new sites for a $320 million chicken slaughterhouse after opposition from residents of a small Kansas town picked for the project, the chief executive said on Monday.

The project planned for Tonganoxie, Kansas, would have been Tyson's first new plant since the 1990s and included a chicken hatchery and feed mill, according to the company.

Tyson said it would increase its overall production capacity by processing up to 1.25 million birds... More

Pivotal Research Upgrades Tyson (TSN) to Hold

November 13, 2017 12:24 PM EST

Pivotal Research upgraded Tyson (NYSE: TSN) from Sell to Hold with a price target of $75.00 (from $40.00) following the Q4 EPS beat on strong beef results.

Analyst Timothy Ramey said it they've been wrong on their Sell call. While shares have... More

Tyson Foods (TSN) Competes Acquisition of Original Philly Holdings

November 13, 2017 10:46 AM EST

Tyson Foods, Inc. (NYSE: TSN) has completed the acquisition of Philadelphia-based Original Philly Holdings, Inc., one of the nations leading producers of raw and fully-cooked Philly-style sandwich steak and cheesesteak appetizer products.

Original Philly Holdings is a natural, strategic fit with our Prepared Foods Business, said Tyson Foods Prepared Foods Group President Sally Grimes. The Original Philly brand and portfolio of products are highly... More

Pre-Open Movers 11/13: (NKTR) (MAT) (GGP) Higher; (CMG) (EXAS) (GE) Lower (more...)

November 13, 2017 9:29 AM EST

Today's Pre-Open Movers

Nektar Therapeutics (Nasdaq: NKTR) 27.9% HIGHER; Nekta and Bristol-Myers Squibb (NYSE: BMY) today announced the first presentation of data from the PIVOT-02 Phase 1/2 Study, which is designed to evaluate the combination of Bristol-Myers Squibb's Opdivo (nivolumab) with Nektar's investigational medicine, NKTR-214. The initial results presented at the 2017 Society for Immunotherapy of Cancer (SITC) Annual Meeting reported both safety and efficacy data for patients enrolled in the dose-escalation phase of the trial.

Mattel (NASDAQ: MAT)... More

Tyson shares top one-year high as low feed costs boost margins

November 13, 2017 8:05 AM EST

By Tom Polansek and Theopolis Waters

(Reuters) - Tyson Foods Inc (NYSE: TSN) shares climbed to their highest level in more than a year on Monday as the No. 1 U.S. meat processor said low prices for livestock feed will help boost results again next year.

Tyson, the maker of Ball Park hot dogs and Jimmy Dean sausages, reported higher earnings and revenue than analysts expected for the quarter ended Sept. 30, sending shares up 1.4 percent in afternoon trading.

The company's feed costs fell $65 million in the quarter as net income attributable... More

Tyson Foods (TSN) Tops Q4 EPS by 8c

November 13, 2017 7:31 AM EST

Tyson Foods (NYSE: TSN) reported Q4 EPS of $1.43, $0.08 better than the analyst estimate of $1.35. Revenue for the quarter came in at $10.15 billion versus the consensus estimate of $9.86 billion.

GUIDANCE:

Tyson Foods sees FY2018 EPS of $5.70-$5.85, versus the consensus of... More

Wall Street ticks up as dividend payers rise, GE slashes payout

November 13, 2017 7:20 AM EST

By Rodrigo Campos

NEW YORK (Reuters) - U.S. stock indexes rose on Monday as a sharp drop in General Electric shares was more than offset by gains in high dividend-paying sectors including consumer staples and utilities.

General Electric (NYSE: GE) slashed its dividend by 50 percent and cut its profit forecast while unveiling a plan that narrowed its focus on aviation, power and healthcare.

Shares of the industrial conglomerate fell 7.2 percent to $19.02 after touching a more than five-year low of $18.75.

"People who were in GE for their... More

Tyson (TSN) November volatility increases into Q4 and outlook

November 10, 2017 1:11 PM EST

Tyson Foods (NYSE: TSN) November call option implied volatility is at 51, December is at 29; compared to its 52-week range of 19 to 41 into the expected release of Q4 results on November 13.

... More