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Yum Brands And The China Chicken Contraction
Wednesday, August 10, 2016 - 1:28pm | 250A shortage of chicken supplies in China posses a risk for Yum! Brands, Inc. (NYSE: YUM) given its high level of exposure to the country. In a research report published Wednesday, Jeremy Scott of CLSA pointed out that the USDA Beijing Bureau is expecting a "more significant"...
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Buffalo Wild Wings Continues To Reap Benefit Of Low Chicken Wing Prices
Monday, July 11, 2016 - 2:59pm | 211Deflationary wing prices could provide a nice cushion for restaurant chain Buffalo Wild Wings (NASDAQ: BWLD) earnings in the second half of the year. Last week marked the eighth consecutive week of falling wing prices, at levels 7–8 percent lower than year-ago prices, sitting around $1.46....
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Hormel Foods Comments On Detection Of Avian Influenza At Turkey Farms
Tuesday, April 21, 2015 - 7:22am | 274Hormel Foods Corp (NYSE: HRL) announced Monday that highly pathogenic H5N2 avian influenza (HPAI) had been detected at its Jennie-O Turkey unit, impacting multiple turkey farms. According to the company’s press release, there has been a loss of affected flocks and temporary quarantine of...
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Why Shares Of Buffalo Wild Wings Are Trading At New 52-Week Highs
Wednesday, January 28, 2015 - 12:15pm | 110Shares of Buffalo Wild Wings (NASDAQ: BWLD) traded at new 52-week highs of $189.87 Wednesday morning following OTR Global issuing positive commentary. According to Bloomberg, Buffalo Wild Wings fourth quarter was boosted by improving transaction, tickets due to higher prices and more repeat...
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Pivotal Research Initiates Coverage On Tyson Foods At Buy
Tuesday, December 9, 2014 - 1:02pm | 277Timothy Ramey of Pivotal Research Group initiated coverage on Tyson Foods (NYSE: TSN) on Tuesday with a Buy rating and $55 price target. “In past cycles at this point, we might be arguing a SELL rating on Tyson Foods,” Ramey wrote in a note. “Margins are at historically high levels; the company...
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Credit Suisse Notes 3 Pieces Of New Information That Favor Tyson Foods, Inc.
Wednesday, October 1, 2014 - 8:54am | 259Robert Moskow of Credit Suisse upgraded shares of Tyson Foods, Inc. (NYSE: TSN) on Wednesday to Neutral from Underperform with a price target raised to $42 from $38. The analyst noted three distinctive events that justify the upgrade. First, the highly respected consulting firm EMI...
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Pilgrim's Pride: Will 2012 Be the Year of the Chicken?
Wednesday, July 6, 2011 - 12:21pm | 824By Justin Rohrlich After a major restructuring, one money manager believes the country's second-largest poultry producer is ready to run. As investors got spooked by the equity markets, many sought safety in commodities. The tremendous run-ups in everything from corn to gold has money manager...