FeedPosted 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), Sun Microsystems (JAVA), 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
Posted Jan 26th 2009 6:00PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Pfizer (PFE), Halliburton (HAL), Netflix, Inc. (NFLX), Amgen Inc (AMGN), Tyson Foods'A' (TSN), Freep't McMoRan Copper (FCX), Eaton Corp (ETN)
Here's a quick look at some of Monday's earnings results:
Netflix Inc.'s (NASDAQ: NFLX) fourth-quarter earnings jumped 45% percent to nearly $23 million, or 38 cents per share, which surpassed analysts' estimates. Revenue in the period rose 19% to $360 million. The company ended 2008 with 9.4 million subscribers, a gain of 718,000 customers from the end of September. Shares fell $0.29, less than 1% Monday.
Amgen Inc.'s (NASDAQ: AMGN) fourth-quarter profit grew 15% percent to $961 million, or 91 cents per share, mostly due to lower expenses. Revenue was $3.75 billion about the same as last year. Results included $60 million in restructuring costs a year ago. Shares rose $1.22, or 2.3%, but fell in after-hours trading.
Continue reading Monday earnings recap: Netflix, Amgen, Halliburton, Wyeth, Tyson
Posted Jan 26th 2009 11:11AM by Jim Cramer (RSS feed)
Filed under: Market matters, New York Times'A' (NYT), American Express (AXP), Bed Bath and Beyond (BBBY), Best Buy (BBY), Sara Lee Corp (SLE), Newell Rubbermaid (NWL), Office Depot (ODP), OfficeMax Inc (OMX), Staples Inc (SPLS), Tyson Foods'A' (TSN), Johnson Controls (JCI), Barclays plc ADS (BCS), Las Vegas Sands (LVS), Freep't McMoRan Copper (FCX), Liz Claiborne (LIZ), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says companies saddled with high debt loads can be found in every sector in every business. Overleveraged. Too much debt. Need to pay down debt. How many times have you read that story?
You read it so much because it plays out every day and plays havoc with stock picking almost every time you see a savory stock down on its luck.
This weekend, as I went through the charts, I was amazed at how low some stocks have gone, stocks that I would normally say to just take a flyer on, but turn out to have so much debt, short- and long-term, that they are just too dangerous.
Consider these perhaps poisonous morsels:
Continue reading Cramer on BloggingStocks: Too much debt makes stocks dangerous
Posted Jan 26th 2009 8:08AM by Melly Alazraki (RSS feed)
Filed under: Earnings reports, Analyst reports, Pfizer (PFE), Starbucks (SBUX), McDonald's (MCD), Caterpillar (CAT), Halliburton (HAL), Walgreen Co (WAG), Sprint Nextel Corp (S), American Express (AXP), Kimberly-Clark (KMB), Amgen Inc (AMGN), Tyson Foods'A' (TSN), Texas Instruments (TXN), Barclays plc ADS (BCS)
Pfizer Inc. (NYSE: PFE) announced a
deal to acquire rival
Wyeth (NYSE: WYE) for $68 billion, or $50.19 a share, a 15% premium to Friday's close of $43.74. This cash-and-stock deal is the largest in the drug sector since 2000 and many see it as a precursor to a flourishing M&A season as the credit markets are slowly starting to improve. Pfizer also reported a 90% profit drop for the fourth quarter due to charges. PFE shares declined 3.4% in premarket trading, while WYE shares gained nearly 5%.
Barclays (NYSE: BCS) shares surged in London Monday after the
firm reassured investors in a letter to shareholders it didn't need more capital. But France's
BNP Paribas said it would take more cash from the government following a 1.4 billion euro ($1.8 billion) loss in the latest quarter. Finally,
ING (NYSE: ING), the Dutch financial services firm, also received government aid as it is expected to announce it had a net loss of 3.3 billion euros in the fourth quarter, that it would cut 7,000 jobs, and that its CEO would step down. BCS shares gained over 44% in premarket trading and ING's gained over 19%.
Caterpillar (NYSE: CAT) and
McDonald's (NYSE: MCD) are two Dow components set to report earnings this morning. CAT said its
fourth-quarter profit fell to $661 million, or $1.08 a share, from $975 million, or $1.50 a share, in the year-ago quarter. Revenue rose 6% to $12.9 billion. For 2009, Caterpillar gave a a much lower guidance than analysts had expected, $2.50 vs. $4.35 EPS. CAT also said it would slash 20,000 jobs. CAT shares fell over 11% in premarket trading.
Meanwhile, MCD delivered what at first glance seems to be
better-than-expected earnings of 87 cents vs. 84 cents. It even plans to invest $2.1 billion of capital to open about 1,000 new McDonald's restaurants.
American Express (NYSE: AXP) is the third Dow component tor report quarterly results after the close of trading today and is expected to report fourth-quarter earnings of 20 cents a share.
Continue reading Stocks in the news: PFE, WYE, BCS, CAT, MCD, PHG, WAG, SBUX, S ...
Posted Nov 15th 2008 3:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Starbucks (SBUX), Penney (J.C.) (JCP), Agilent Technologies (A), Best Buy (BBY), Nortel Networks (NT), Toll Brothers (TOL), Tyson Foods'A' (TSN), Wells Fargo (WFC)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Starbucks, Best Buy, JCPenney, Agilent, Wells Fargo and others
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