Edition:
United States

Tyson Foods Inc (TSN.N)

TSN.N on New York Stock Exchange

58.10USD
25 May 2017
Change (% chg)

$-0.33 (-0.56%)
Prev Close
$58.43
Open
$58.49
Day's High
$58.71
Day's Low
$57.82
Volume
487,375
Avg. Vol
750,591
52-wk High
$77.01
52-wk Low
$55.73

Latest Key Developments (Source: Significant Developments)

Tyson Foods prices $2.75 billion senior notes offerings
Tuesday, 23 May 2017 04:03pm EDT 

May 23 (Reuters) - Tyson Foods Inc :Tyson foods, inc. Announces pricing of $2.75 billion senior notes offerings.Tyson foods inc - agreed to sell $300 million aggregate principal amount of its floating rate senior notes due 2019.Tyson foods - to sell $1,350 million of its 3.55% senior notes due 2027 and $750 million aggregate principal amount of its 4.55% senior notes due 2047.Tyson foods inc - agreed to sell $350 million aggregate principal amount of its floating rate senior notes due 2020.  Full Article

Tyson Foods entered into a term loan agreement
Wednesday, 17 May 2017 04:47pm EDT 

May 17 (Reuters) - Tyson Foods Inc :Tyson Foods says on May 12, co entered into a term loan agreement that provides for total term loan commitments in an aggregate principal amount of $1.8 billion.Tyson Foods says on May 12, co entered amended and restated credit agreement to amend existing credit agreement, dated as of Sept 25, 2014 - SEC filing.Tyson Foods says amended and restated credit agreement increased aggregate commitments under existing credit agreement from $1.25 billion to $1.5 billion.Tyson Foods amended and restated credit agreement also extended maturity date to May 12, 2022.  Full Article

Tyson Foods declares quarterly dividend of $0.225 per share on class A common stock
Friday, 12 May 2017 04:05pm EDT 

May 12 (Reuters) - Tyson Foods Inc ::Tyson foods inc - declared a quarterly dividend of $0.225 per share on class a common stock and $0.2025 per share on class b common stock,.  Full Article

Tyson foods files for potential mixed shelf offering size not disclosed
Monday, 8 May 2017 05:16pm EDT 

May 8 (Reuters) - Tyson Foods Inc ::Files for potential mixed shelf offering; size not disclosed - sec filing.  Full Article

Tyson Foods says gets civil investigative demand related to possible anticompetitive conduct
Monday, 8 May 2017 08:23am EDT 

May 8 (Reuters) - Tyson Foods Inc :Tyson Foods Inc - On March 1, Co received civil investigative demand from office of the attorney general, department of legal affairs, of the State of Florida.Tyson Foods Inc - CID requests info primarily related to possible anticompetitive conduct in connection with Georgia Dock, a chicken products pricing index.Tyson Foods says it is cooperating with the Attorney General’s office.Tyson Foods - Net carrying value of its three non-protein businesses that it intends to sell is about $800 million at April 1, 2017.Tyson Foods says it expects to sell the non-protein businesses within the next twelve months and record a net gain as a result of the sale.  Full Article

Tyson Foods reports net earnings per share $1.01
Monday, 8 May 2017 07:30am EDT 

May 8 (Reuters) - Tyson Foods Inc -:Tyson Foods generates record first six months as gaap eps rises 12%, 17% on an adjusted basis; reaffirms guidance for another record year.Tyson Foods Inc - expect capital expenditures to approximate $1 billion for fiscal 2017.Tyson Foods Inc qtrly sales $9,083 million versus $9,170 million last year.Tyson Foods Inc - in fiscal 2017, usda indicates domestic protein production should increase approximately 3-4% from fiscal 2016 levels.Tyson Foods Inc - qtrly adjusted net income per share attributable to tyson $ 1.01.Tyson Foods Inc qtrly net income per share attributable to tyson $0.92.Tyson Foods - expect industry fed cattle supplies to increase about 6-7%, partially offset by reduced weights, in fiscal 2017 as compared to fiscal 2016.Tyson Foods Inc - for fiscal 2017, beef segment's operating margin should be around 5%.Sees FY adjusted earnings per share $4.90 to $5.05.Tyson Foods Inc - for fiscal 2017, pork segment's operating margin should be around 12%.Q2 earnings per share view $1.02, revenue view $9.05 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $5.02 -- Thomson Reuters I/B/E/S.Tyson Foods Inc - expect capital expenditures to approximate $1 billion for fiscal 2017.Tyson Foods -for remainder of fiscal 2017,currently do not plan to repurchase shares other than to fund obligations under equity compensation programs.  Full Article

AdvancePierre to pay $100 mln in termination fee to Tyson Foods
Friday, 28 Apr 2017 05:43pm EDT 

April 28 (Reuters) - AdvancePierre Foods Holdings Inc :Tyson Foods - in connection with termination of deal with AdvancePierre foods under specified circumstances,AdvancePierre to pay co termination fee of $100 million.  Full Article

Tyson Foods announces compensation program at 2 poultry plants involving increasing base wages
Wednesday, 26 Apr 2017 06:58am EDT 

April 26 (Reuters) - Tyson Foods Inc ::Tyson foods - pilot compensation program at 2 poultry plants that involves increasing base wages, shortening time it takes new workers to move to higher wage rates.  Full Article

Tyson Foods explores sale of three non-protein businesses
Monday, 24 Apr 2017 05:00pm EDT 

April 24 (Reuters) - Tyson Foods Inc :Tyson Foods explores the sale of three non-protein businesses as part of corporate strategy.Tyson Foods Inc - exploring sale of its sara lee frozen bakery business, kettle business and van's.Tyson Foods Inc - officials believe sale of these businesses will allow Tyson foods to "sharpen its focus on core businesses".  Full Article

BRAD SAUER RESIGNS FROM TYSON FOODS’ BOARD
Monday, 27 Feb 2017 10:00am EST 

Tyson Foods Inc : SAUER RESIGNS FROM TYSON FOODS’ BOARD . SAUER'S RESIGNATION IS EFFECTIVE IMMEDIATELY AND THERE ARE CURRENTLY NO PLANS TO ADD ANOTHER DIRECTOR .BRAD SAUER HAS DECIDED TO STEP DOWN FROM BOARD OF DIRECTORS AFTER NINE YEARS OF SERVICE.  Full Article

More From Around the Web

Photo

Factbox: Food and drink makers' venture capital funds

LONDON Multinational packaged food and drink makers have been pouring millions of dollars into venture capital funds to invest in start-up companies offering healthier or more innovative products.