FeedPosted Feb 5th 2010 8:15AM by Melly Alazraki (RSS feed)
Filed under: Before the Bell, International Markets, Market Matters, Aetna Inc (AET), Tyson Foods'A' (TSN), Economic Data, Oil

U.S. stock futures were lower this morning, as investors anxiously awaited January's jobs report. Following
Wall Street's worst day in more than nine months, and as overseas markets skidded on global economic recovery fear and debt issues at some European countries, investors fretted ahead of key U.S. employment data.
[
Update: Stock futures recovered after the jobs data and now point to a higher start on Wall Street. The jobs data showed an unexpected decline in the unemployment rate to 9.7%, but payroll fell by 20,000.]
At 8:30 a.m., the Labor Department will report January figures on nonfarm payroll. Job losses during the Great Recession have been huge and they're about to get bigger. Economists expect the report to show 5,000-15,000 jobs created during the month. The unemployment rate is expected to remain at 10%.
Continue reading Before the Bell: Futures Higher After Mixed Employment Report
Posted Nov 22nd 2009 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Hewlett-Packard (HPQ), Hormel Foods (HRL), Tyson Foods'A' (TSN)
Though the earnings season is winding down, and the coming week includes the Thanksgiving holiday in the U.S., plenty of reports are still due out. And analysts surveyed by Thomson Reuters don't seem to be expecting too many turkeys among this week's bunch.
Leading U.S. meat processor Tyson Foods Inc. (TSN), which has just named a new chief executive officer and a new chief operating officer, is expected to report fiscal fourth-quarter earnings of $0.26 per share, up from $0.14 in the same period of last year. But revenue is expected to total $6.9 billion, or 4.3% less than a year ago. The full-year forecast is for a profit of $0.25 per share (-16.7) on $26.4 billion (-3.9%) in sales. This dividend payer has offered upside surprises in the past two quarters, topping estimates by 11 cents per share in the third quarter.
Continue reading The week in preview: No turkey earnings from Tyson, Hormel, Cracker Barrel ...
Posted Nov 11th 2009 10:00AM by Mark Fightmaster (RSS feed)
Filed under: Analyst Upgrades and Downgrades, Tyson Foods'A' (TSN)

Bright and early on this fine Wednesday morning, JPMorgan
downgraded Tyson Foods (
TSN) to Neutral from Overweight. The brokerage gave
four reasons for the downgrade: valuation, recent rises in corn and hog prices, a looming supply increase from competitor Sanderson Farms (
SAFM), and uncertainty from Pilgrim's Pride.
All of these reasons are perfectly valid for the downgrade, but I want to focus on the valuation aspect of the downgrade. Technically, TSN faces overhead resistance in the $14 region, which is significant as the shares are currently ascending through the upper $12 region. The $14 level spurned the shares earlier this year, sending them into a steady decline back to support at the $11 region.
Continue reading Tyson Foods downgraded by JPMorgan
Posted Sep 14th 2009 1:00PM by Joseph Lazzaro (RSS feed)
Filed under: Tyson Foods'A' (TSN), Stocks to Buy
Even though eating properly handled and cooked pork products is safe, some Americans and international consumers will still avoid pork, due to the H1N1 flu.
That would typically hurt protein food producers, but Tyson Foods (NYSE: TSN) has alternatives, namely chicken, which is a major reason I'm reiterating my Buy rating for Tyson Foods, first recommended on May 11, 2009, at a price of $12.35.
Continue reading Consider Tyson, because it will be a 'frugal consumer' era winner
Posted Aug 8th 2009 3:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, CBS Corp 'B' (CBS), Whole Foods Market (WFMI), Clorox Co (CLX), Duke Energy (DUK), Activision Inc (ATVI), Tyson Foods'A' (TSN), Blackstone Group L.P (BX)
Continue reading Earnings highlights: Blackstone, CBS, Humana, Playboy, Sirius, Whole Foods ...
Posted Aug 4th 2009 8:00AM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, Tyson Foods'A' (TSN)
Tyson Foods (NYSE: TSN) really improved its fortunes in Q3. Last year at this time, Tyson earned 3 cents per share. This year, the food company, famous for its chicken brand, made 35 cents per share. Sales actually dipped a little under 3%, but management is diligently fighting the good fight when it comes to efficiencies. Both costs of sales and selling, general and administrative expenses went down.
According to Bloomberg, the adjusted income of 33 cents per share simply blazed past Wall Street's expectations. The call was for 22 cents per share. You've got to like that. Higher prices for poultry helped the quarter.
Continue reading Tyson Foods beats analyst expectations by wide margin
Posted Jul 20th 2009 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Allergan (AGN), Palm Inc (PALM), Tyson Foods'A' (TSN), Dow Chemical (DOW), Texas Instruments (TXN), Analyst Initiations, Marvel Entertainment (MVL)
Analyst upgrades:
- Citigroup upgraded Allergan (NYSE: AGN) to Buy from Hold to reflect increased estimates for Botox and its belief Latisse guidance looks conservative. The firm raised its target on shares to $57 from $45.
- Jefferies upgraded Texas Instruments (TXN) to Hold from Underperform after channel checks indicated business is strengthening. Jefferies believes Texas Instruments' September quarter guidance will come in better than expected and raised its target on shares to 23 from $16.
- FBR Capital upgraded Peabody Energy (BTU) to Outperform from Market Perform to reflect "strong" long-term steel and steam demand trends from China and India. The firm raised its target on shares to $44 from $36.
- Elan Corp (ELN) was upgraded to Buy from Neutral at UBS.
- Affymetrix (AFFX) was upgraded to Equal Weight from Underweight at Morgan Stanley.
- ASML Holding (ASML) was upgraded to Buy from Neutral at BofA/Merrill.
Continue reading Analyst upgrades, downgrades and initiations: AGN, TXN, ELN, PALM, DOW
Posted May 9th 2009 12:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Cisco Systems (CSCO), Sirius Satellite Radio (SIRI), Hansen Natural (HANS), Walt Disney (DIS), American Express (AXP), News Corp'B' (NWS), Alcatel-LucentADS (ALU), Tyson Foods'A' (TSN), Symantec Corp (SYMC), Las Vegas Sands (LVS), Vonage Holdings (VG), Blackstone Group L.P (BX), Garmin Ltd (GRMN), Marvel Entertainment (MVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Disney, Cisco, News Corp., Marvel, Sirius, Blackstone and more
Posted Apr 27th 2009 1:00PM by Melly Alazraki (RSS feed)
Filed under: Walgreen Co (WAG), Novartis AG ADS (NVS), Baxter Intl (BAX), CVS Corp (CVS), Hormel Foods (HRL), Tyson Foods'A' (TSN), Smithfield Foods (SFD), Gilead Sciences (GILD), Agriculture

I remember Toronto during SARS. As one of the harder hit areas, it was not a happy place. It was the end of winter, but that miserable, cold winter just didn't want to end. People walked the streets in a gloomy haze, afraid to take the subway and giving dirty looks to anyone brazen enough to cough in public. Worse, I couldn't even visit a friend in the hospital. All things considered though, in global pandemic terms, it was over relatively quickly. Let's hope swine flu will be the same.
In the meantime, let's put on our investors hats and see what's in store for some stocks:
Travel and tourist stocksThis is one of the worst hit areas, especially airlines, as people may cancel their travel plans. For example,
AMR Corp. (NYSE:
AMR) traded over 9 percent lower an hour after the open.
Royal Caribbean Cruises (NYSE:
RCL) was down over 15 percent. In fact UBS downgraded these airlines and hotels this morning: AMR,
Continental Airlines (NYSE:
CAL),
Host Hotels and Resorts (NYSE:
HST),
Lasalle Hotel Properties (NYSE:
LHO),
Marriott (NYSE:
MAR),
United Airlines (NASDAQ:
UAUA),
US Airways (NYSE:
LCC).
Carnival Cruise Lines (NYSE:
CCL) also declined considerably. Best to stay away from the sector.
Continue reading Don't fear the swine flu . . . trade it
Posted Jan 31st 2009 3:10PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Amazon.com (AMZN), AT and T (T), Caterpillar (CAT), Boeing Co (BA), Hershey Co (HSY), Kimberly-Clark (KMB), , Eastman Kodak (EK), QUALCOMM Inc (QCOM), Tyson Foods'A' (TSN), Freep't McMoRan Copper (FCX)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Amazon, Boeing, Caterpillar, Hershey, AT&T and others
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