Hints and tips:
...As boxing legend Mike Tyson once put it: everyone has a plan until they get punched in the mouth....
...Brent crude was up 0.6 per cent at $61.68 a barrel after jumping on Thursday. Shares in Asia were mixed....
...Tyson Foods was the biggest decliner on the S&P 500, falling 6.6 per cent after lower meat prices prompted a quarterly sales miss....
...US stocks began the week on the back foot after a 5 per cent drop in the price of Brent crude pushed the S&P 500 energy index 2 per cent lower....
...Meanwhile, Tyson shares hit a new high, and closed up 1.45 per cent after it raised its profit guidance and a judge dismissed a mental competence suit that threatened Sumner Redstone’s control of Viacom,...
...Earnings are due from Tyson Foods, Palo Alto Networks and Gamestop. For a roundup of corporate and economic events for the week, see our Weekahead section....
...Tyson offered $63 in cash per share, according to people familiar with the matter, a bid that valued Hillshire at around $7.7 billion....
...(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....
...(Financial Times/ AP) Tyson Foods won the auction for Hillshire Brands, but it ended up paying hundreds of millions of dollars more than necessary to beat the next-best offer.”...
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