ThinkstockLast week privately held Cargill Inc. announced that it would close its beef processing plant in Plainview, Texas, due to a drop in the number of cattle available as a result of…
Paul Ausick ThinkstockSanderson Farms Inc. (NASDAQ: SAFM) reported fourth-quarter and full fiscal 2012 results before markets opened this morning. The poultry processing firm reported diluted earnings per share (EPS) of $0.41 on revenues of…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Tuesday. AK Steel Corp. (NYSE: AKS) raised to Neutral at Goldman Sachs. Applied…
U.S. equity markets opened higher this morning following comments after Friday’s meeting between President Obama and Congressional leaders to discuss ways of dodging the fiscal cliff. Some were also expecting negotiations to…
The stock market is up Monday, with the Dow Jones Industrial Average up 1.24%, the Nasdaq up 1.54% and the S&P 500 up 1.48%. Today’s winners include a health care company getting…
ThinkstockTyson Foods Inc. (NYSE: TSN) reported fiscal fourth-quarter 2012 adjusted diluted earnings per share (EPS) of $0.55 and $8.37 billion in revenues before markets opened this morning. In the same period a…
Paul Ausick courtesy of NetflixNews Corp. (NASDAQ: NWSA) will buy a 49% interest in YES. (Reuters) Citigroup Inc. (NYSE: C) will pay $360 million to end its dispute with Lehman Bros. (Reuters) Cisco Systems…
U.S. equity markets opened flat this morning following not much in the way of data from either Asia or Europe. In Europe, German Chancellor Angela Merkel wants the European Central Bank to…
The first official warning of food price increases due to the U.S. drought came last month, when the U.S. Department of Agriculture forecast an increase of 2.5% to 3.5% for food consumed…
Tyson Foods Inc. (NYSE: TSN) reported third-quarter adjusted earnings per share (EPS) of $0.50 and $8.3 billion in revenue before markets opened today. EPS for the same period a year ago totaled…
Paul Ausick U.S. stocks are set to open higher, resuming gains following Friday’s upbeat July jobs report. No major economic reports are due on Monday. Tyson Foods Inc. (NYSE: TSN) and Chesapeake Energy Corp.…
Corn is going to wreck whatever gasoline savings we had going into summer. By driving up the cost of the ethanol gasoline additive and by driving up feed costs for animals, the…
The world’s largest producer of pork, Smithfield Foods Inc. (NYSE: SFD) said today that it would begin importing corn from Brazil to use as feed for the company’s livestock. This is an…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. There are many reports this morning! ADTRANÂ Inc. (NASDAQ: ADTN) Cut to Hold…
The three major US stock indexes opened higher this morning on reports of a new bailout for Spanish banks and a 24-basis point drop on 10-year Spanish bond yields (our coverage here).…
