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Stephens Is Hungry For Tyson Foods
Tuesday, March 5, 2019 - 2:47pm | 393Tyson Foods, Inc. (NYSE: TSN) boasts a diversified portfolio of proteins that will help the company navigate through any volatility within any one food group, according to Stephens. The Analyst Stephens' Ben Bienvenu initiated coverage of Tyson Foods with an Overweight rating and $78 price...
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4 Kraft Divisions Ripe For Spinoff (And Some Possible Suitors)
Friday, August 29, 2014 - 1:46pm | 986BMO Capital analyst Kenneth Zaslow published a note last week suggesting Kraft (NYSE: KRFT) should consider spinning off some segments in order to unlock value. Among Zaslow's reasons, the number of "natural buyers" standing ready to acquire specific segments of Kraft’s food...
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#PreMarket Primer: Tuesday, June 10: Ukraine And Russia Reach A 'Mutual Understanding'
Tuesday, June 10, 2014 - 7:05am | 1109Newly Elected Ukrainian President Petro Poroshenko’s plans to return the nation to peace inched forward after two days of talks with Moscow over the nation’s divided eastern region. The Ukrainian Foreign Ministry said on Monday that the two sides had reached a “mutual...
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Tyson To Acquire Hillshire For $7.8 Billion
Monday, June 9, 2014 - 11:28am | 699The Chicago Tribune reported Monday that the largest U.S. meat company, Tyson Foods (NYSE: TSN), agreed to buy Hillshire Brands (NYSE: HSH) for $63 per share in a deal worth $7.8 billion, excluding debt. With the acquisition, Tyson, which outbid Pilgrim’s Pride (NASDAQ: PPC), will...
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Sara Lee to Enhance Meat Brands
Monday, November 28, 2011 - 2:05pm | 198Sara Lee (NASDAQ: SLE) plans to boost the image of its meat brands, according to an internal document leaked to MotherJones.com. Its packaged meat brands currently include Ball Park franks, Jimmy Dean sausages and Hillshire Farm deli meats. The rebranding is part of the ongoing process of splitting...