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Tyson Foods Inc (TSN)

TSN on New York Consolidated

63.03USD
26 Jul 2017
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$0.31 (+0.49%)
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Latest Key Developments (Source: Significant Developments)

Tyson Foods names Hewlett Packard Enterprise executive as Chief Technology Officer
Monday, 12 Jun 2017 12:00pm EDT 

June 12 (Reuters) - Tyson Foods Inc :Tyson Foods names Hewlett Packard Enterprise executive as Chief Technology Officer‍.Devin Graham, who served as interim CTO, will remain with co as Vice President, Technology and Support ​.Hewlett Packard Enterprise's Chief Information Officer Scott Spradley to become Tyson Foods' CTO, effective June 2.  Full Article

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

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U.S. meat processor Tyson to test new method to stun chickens

CHICAGO Tyson Foods Inc will test a new way to render chickens unconscious before slaughter, the company said on Wednesday, in the latest sign that heightened concerns about animal welfare are affecting U.S. meat processors.