Hints and tips:
...Meat processors like Tyson and Pilgrim’s Pride risk getting caught in the middle if China decides to retaliate by turning away from US agricultural commodities. Then there is the dollar....
...Pilgrim’s Pride, one of the largest US poultry producers, actually stuck to an in-person shareholder meeting that did not have a call-in option, she told Moral Money....
...Whitbread prizewinner Matthew Kneale’s Pilgrims (Atlantic RRP£16.99, June) follows a set of 13th-century penitents on their way to Rome, while Michael Arditti, one of the subtlest novelists on the subject...
...Shares in Sanderson Farms and Pilgrim’s Pride — the country’s two largest chicken processors — both jumped more than 6.6 per cent. Tyson Foods was 2.6 per cent higher....
...Jack Daniel’s maker Brown-Forman and Tyson Foods were higher, while Kellogg and Pilgrim’s Pride were down....
...Although agriculture-related industries in the US are seen as an expected primary target for China’s potential action, food producers, such as Tyson Foods, Hormel Foods and Pilgrim’s Pride were all higher...
...Among food producers, most at risk from Mexico’s tariffs aimed towards agricultural products, Tyson Foods, Hormel Foods and Pilgrim’s Pride were higher, but Kellogg, General Mills and Jack Daniel’s maker...
...Food stocks performed poorly, with names such as Pilgrim’s Pride, Tyson Foods and Hormel Foods down more than 3 per cent after the EU and Mexico said they would retaliate with tariffs on imports of US foodstuffs...
...’s Pride and Tyson Foods to Kellogg all taking a hit....
...Tyson Foods was up 1 per cent, Spam-maker Hormel gained 1.3 per cent and Pilgrim’s Pride, the US’s largest chick producer, was up 1.1 per cent....
...Pilgrim’s Pride shares declined 3.3 per cent to $19.65 Tyson Foods shares fell 2.7 per cent to $68.34 Hormel Foods shares fell 2.3 per cent to $36.33 Kellogg shares fell more than 2 per cent to $63.96 The...
...Other meat exporters such as Tyson Foods, Sanderson Farms and Pilgrims Pride along with commodities trader Archer-Daniels and Bunge are also likely to be in focus when trading begins....
...Whatever happened to the Short View, they couldn’t shake its Pride: authersnote@ft.com...
...Shares of Hillshire were unchanged at $61.97 while Pilgrim’s Pride were 2 per cent higher at $25.02....
...Pilgrim’s Pride offered to buy Hillshire for $6.4bn in cash. The proposal from Pilgrim’s comes less than a month after Hillshire signed a deal to acquire Pinnacle Foods for $6.6bn....
...Shares in Hillshire jumped about 9.5 per cent to close at $58.65 after Pilgrim’s Pride confirmed it had raised its offer from $45 a share to $55 a share in cash....
...Tyson’s acquisition of Hillshire had been only a matter of time after a bidding war with Pilgrim’s Pride forced the price up to $63 a share – about 70 per cent higher than Hillshire’s value before the battle...
...The bid is nearly $1 billion more than Pilgrim’s Pride, a unit of Brazilian meatpacking giant JBS offered for the company last week.”...
...(Financial Times) Poultry company Pilgrim’s Pride has offered to buy Hillshire Brands for $6.4bn including debt, in a deal meant to head off Hillshire’s recent bid for Pinnacle Foods and create one of the...
...(Bloomberg) Tyson Foods has come in with a $6.8bn bid for Hillshire Brands, an offer that came less than 48 hours after Pilgrim’s Pride launched a $6.4bn takeover....
...’s Pride for $2.6bn in 2009....
...James Naughtie is a presenter on Radio 4’s ‘Today’ programme...
...Analysts said the Brazilian company could pay more than $2bn for Pilgrim’s Pride....
...Pilgrim’s Pride, the biggest maker of chicken products in the US, fell 2.3 per cent to $5, while Tyson Foods, the world’s biggest meat processor, fell 2.4 per cent to $12.45....
...In other news, Pilgrim’s Pride, the biggest maker of chicken products in the US, agreed to sell a 64 per cent stake to Brazilian meat producer JBS for $800m....
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