Key Takeaways: WH Group plans to list its Smithfield pork subsidiary as early as this year in a U.S. IPO that could raise $1 billion or more Potential Chinese anti-dumping tariffs against European pork could throw a spanner into the company’s recent European expansion  By Lee Shih Ta After months of rumors, leading Chinese meat producer WH Group Ltd. (OTC:WHGLY)(OTC:WHGRF) is finally serving up some new bacon for investors by confirming plans to spin off its Smithfield Foods subsidiary for a separate listing in New York. The IPO is expected to raise at least $1 billion by re-listing Smithfield on the New York Stock Exchange or the Nasdaq as soon as this year, according to a WH Group a

Tyson Foods's (NYSE:TSN) short percent of float has fallen 19.18% since its last report. The company recently reported that it has 4.41 million shares sold short, which is 1.77% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.11 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest i

- Reuters

Tyson Foods Inc (NYSE:TSN) chief financial officer John R. Tyson, who was suspended after his June arrest on charges including driving while intoxicated and careless driving, had pleaded not guilty on Monday. Tyson, who is the son of the company's chairman and the great-grandson of the meat giant's founder, was arrested on June 13 by University of Arkansas police and booked at the Washington County Detention Center. Tyson's not-guilty plea allowed him more time to negotiate a settlement with prosecutors, as reported by the Wall Street Journal. His trial is scheduled for August 28 in Fayetteville District Court. This arrest follows a previous incident in November 2022, where Tyson wa

B of A Securities analyst Bryan Spillane maintains Tyson Foods (NYSE:TSN) with a Neutral and lowers the price target from $62 to $60.

Tyson Foods, Inc. (NYSE:TSN) announced its agreement to sell its poultry complex in Vienna, Georgia, to House of Raeford Farms. The financial details of the transaction were not revealed. This move is part of Tyson Foods’ ongoing strategy to optimize its plant network. Despite the sale, Tyson Foods will continue to meet customer demands through its other production facilities. House of Raeford Farms plans to maintain operations at the Vienna complex, utilizing the existing workforce and grower network. The sale is contingent on standard closing conditions, including approval from U.S. regulators. House of Raeford Farms has assured that the current workforce and grower network will r

Tyson Foods' decision to sell the complex is part of its continued efforts to optimize its plant network, and the company will continue to service customer orders from other production locations. The transaction is subject to customary closing conditions including approval by U.S. regulators. House of Raeford Farms intends to continue poultry processing at the complex utilizing the existing workforce and grower network.

Tyson Foods Inc (NYSE:TSN) is reportedly scaling back its antibiotic-free beef products following a similar move with chicken last year. The company informed a major customer in late 2023 that it would no longer supply antibiotic-free beef and would limit its Open Prairie Natural Meats brand starting in January, according to a report from Bloomberg. Tyson’s decision reflects a broader shift in its product offerings. Two decades ago, Tyson began producing some antibiotic-free beef in response to consumer demand. However, rising costs and increased regulations have made this approach less feasible. Despite concerns about antibiotic resistance, Tyson reintroduced certain antibiotics in

https://www.bloomberg.com/news/articles/2024-07-02/tyson-pulls-back-on-beef-without-antibiotics-after-similar-move-with-chicken?sref=y3YMCJ4e

Tyson Foods's (NYSE:TSN) short percent of float has risen 10.14% since its last report. The company recently reported that it has 5.67 million shares sold short, which is 2.28% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.71 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is

Stephens resumed coverage of Tyson Foods with a rating of Equal-Weight and set a new price target of $57.00

Piper Sandler downgraded Tyson Foods from Neutral to Underweight and set a new price target of $50.00 from $57.00 previously

Barclays upgraded Tyson Foods from Underweight to Overweight and set a new price target of $69.00 from $53.00 previously

BofA Securities upgraded Tyson Foods from Underperform to Neutral and set a new price target of $62.00 from $47.00 previously

Citigroup initiated coverage of Tyson Foods with a rating of Neutral and set a new price target of $56.00

HSBC Securities initiated coverage of Tyson Foods with a rating of Reduce and set a new price target of $49.00

Goldman reiterated coverage of Tyson Foods with a rating of Neutral and set a new price target of $64.00 from $66.00 previously

BMO Capital Markets resumed coverage of Tyson Foods with a rating of Market Perform and set a new price target of $66.00

Goldman downgraded Tyson Foods from Buy to Neutral and set a new price target of $66.00 from $91.00 previously

Barclays downgraded Tyson Foods from Equal Weight to Underweight and set a new price target of $58.00 from $89.00 previously

SC 13G/A - TYSON FOODS, INC. (0000100493) (Subject)

SC 13D/A - TYSON FOODS, INC. (0000100493) (Subject)

SC 13G/A - TYSON FOODS, INC. (0000100493) (Subject)

SC 13G/A - TYSON FOODS, INC. (0000100493) (Subject)

SC 13G/A - TYSON FOODS, INC. (0000100493) (Subject)

SC 13G/A - TYSON FOODS, INC. (0000100493) (Subject)

SPRINGDALE, Ark., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN), one of the world's largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: (in millions, except per share data)Fourth Quarter Twelve Months Ended 2024  2023   2024  2023 Sales$13,565 $13,348  $53,309 $52,881         Operating Income (Loss)$525 $(463) $1,409 $(395)Adjusted1 Operating Income (non-GAAP)$512 $236  $1,820 $933         Net Income (Loss) Per Share Attributable to Tyson$1.00 $(1.31) $2.25 $(1.87)Adjusted1 Net Income Per Share Attributable to Tyson (non-

SPRINGDALE, Ark., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) will release fourth quarter 2024 financial results on Tuesday, November 12, 2024. Management will host a conference call and webcast beginning at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). A press release and supplemental materials will be issued before the market opens that morning. WebcastA link for the webcast of the conference call will be available on the Tyson Investor Relations website: http://ir.tyson.com. Audio OnlyParticipants may join the audio-only version of the conference call by calling:Dial In (Toll Free): 1-844-890-1795International Dial In: 1-412-717-9589Please note: All dial-in parti

SPRINGDALE, Ark., Aug. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods (NYSE:TSN), at a meeting on August 8, 2024, declared a quarterly dividend of $0.49 per share on Class A common stock and $0.441 per share on Class B common stock, payable on December 13, 2024, to shareholders of record at the close of business on November 29, 2024. About Tyson Foods, Inc.Tyson Foods, Inc. (NYSE:TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The Company is unified by this purpose: Tyson Foods. We Feed the World Like Family™ and has a broad portfolio of iconic products and

SPRINGDALE, Ark., Aug. 05, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN), one of the world's largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: (in millions, except per share data)Third Quarter Nine Months Ended  2024  2023   2024  2023 Sales$13,353 $13,140  $39,744 $39,533         Operating Income (Loss)$341 $(350) $884 $68 Adjusted1Operating Income (non-GAAP)$491 $179  $1,308 $697         Net Income (Loss) Per Share Attributable to Tyson$0.54 $(1.18) $1.25 $(0.56)Adjusted1Net Income (Loss) Per Share Attributable to

SPRINGDALE, Ark., June 25, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) will release third quarter 2024 financial results on Monday, August 5, 2024. Management will host a conference call and webcast beginning at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). A press release and supplemental materials will be issued before the market opens that morning. WebcastA link for the webcast of the conference call is available on the Tyson Investor Relations website at http://ir.tyson.com. Audio OnlyParticipants may join the audio-only version of the conference call by calling: Dial In (Toll Free): 1-844-890-1795International Dial In: 1-412-717-9589 Please note: All dial-in participa

SPRINGDALE, Ark., May 09, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Tyson Foods (NYSE:TSN), at a meeting on May 9, 2024, declared a quarterly dividend of $0.49 per share on Class A common stock and $0.441 per share on Class B common stock, payable on September 13, 2024, to shareholders of record at the close of business on August 30, 2024. About Tyson Foods, Inc.Tyson Foods, Inc. (NYSE:TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The Company is unified by this purpose: Tyson Foods. We Feed the World Like Family™ and has a broad portfolio of iconic products and brand

SPRINGDALE, Ark., May 06, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN), one of the world's largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results:                                          (in millions, except per share data)Second Quarter Six Months Ended  2024  2023   2024  2023Sales$        13,072 $        13,133  $        26,391 $        26,393Operating Income (Loss)$        312 $        (49) $        543 $        418Adjusted1 Operating Income (non-GAAP)$        406 $        65  $        817 $        518Net Income (Loss) Per Share At

Cal-Maine Foods, Inc. (NASDAQ:CALM) ("Cal-Maine Foods" or the "Company"), the largest producer and distributor of fresh shell eggs in the United States, today reported results for the third quarter of fiscal 2024 (thirteen weeks) ended March 2, 2024. Third Quarter Fiscal Year 2024 Highlights Quarterly net sales of $703.1 million Quarterly net income of $146.4 million, or $3.01 per basic common share Record quarterly sales volume of total dozens sold and specialty dozens sold Cash dividend of $48.9 million, or $1.00 per share, pursuant to the Company's established dividend policy Overview Sherman Miller, president and chief executive officer of Cal-Maine Foods, stated, "We

SPRINGDALE, Ark., March 27, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) will release second quarter 2024 financial results on Monday, May 6, 2024. Management will host a conference call and webcast beginning at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). A press release and supplemental materials will be issued before the market opens that morning. WebcastA link for the webcast of the conference call is available on the Tyson Investor Relations website at http://ir.tyson.com. Audio OnlyParticipants may join the audio-only version of the conference call by calling: Dial In (Toll Free): 1-844-890-1795International Dial In: 1-412-717-9589 Please note: All dial-in participan

SPRINGDALE, Ark., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (the "Company") (NYSE:TSN) announced today that it has agreed to sell $600 million aggregate principal amount of its 5.400% Senior Notes due 2029 (the "2029 notes") and $900 million aggregate principal amount of its 5.700% Senior Notes due 2034 (the "2034 notes") in underwritten public offerings under its effective shelf registration statement. The offerings are expected to close on March 8, 2024, subject to the satisfaction of customary closing conditions. The company intends to use the net proceeds from the offerings for general corporate purposes, which is expected to include the retirement of the outstanding 3.95%

SPRINGDALE, Ark., June 12, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) today announced the appointment of Maria N. Martinez as a new independent director, effective June 10. Martinez most recently served as Executive Vice President and Chief Operating Officer at Cisco Systems from 2021 until 2024 and previously held the role of Chief Customer Experience Officer. Prior to Cisco Systems, Martinez held executive positions at leading technology companies including Salesforce, Microsoft, Motorola and AT&T's Bell Labs. With extensive experience in operations and digital transformation, Martinez currently serves on the board of directors of McKesson, Computer History Museum and the Si

Cal-Maine Foods, Inc. (NASDAQ:CALM) ("Cal-Maine Foods" or the "Company"), the largest producer and distributor of fresh shell eggs in the United States, today announced it has completed the previously announced acquisition of a broiler processing plant, hatchery and feed mill in Dexter, Missouri, that were closed by Tyson Foods, Inc. (NYSE:TSN) ("Tyson") in 2023. The Company plans to remodel and repurpose the assets for use in shell egg and egg products production. Sherman Miller, president and chief executive officer of Cal-Maine Foods, Inc., stated, "We are pleased to join the Dexter community and are excited about the opportunities to expand our operations. We intend to partner with th

To help brighten the holiday season, the brand kicks off its Officially Sponsored Host campaign with actor Josh Peck at the helm SPRINGDALE, Ark., Nov. 16, 2023 /PRNewswire/ -- With the holiday spirit in the air, many Americans feel a familiar mix of emotions when it comes to hosting duties. In fact, 75% of Americans think getting help with hosting a holiday party at home would be a huge relief, per new research from Jimmy Dean brand.1 To help add much-needed lightheartedness and support, the brand has enlisted actor, comedian, dad and podcaster Josh Peck as its Chief Hosting Officer (C.H.O.).

SPRINGDALE, Ark., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) announced today that Adam Deckinger has been named General Counsel and Secretary, effective immediately. Deckinger has been with the company since 2018, most recently serving as Senior Vice President, Head of Law and Compliance. Deckinger will report directly to Donnie King, President and Chief Executive Officer of Tyson Foods. Deckinger will succeed Amy Tu, Chief Legal Officer & Secretary, who was named President, International & Chief Administrative Officer September 22, 2022. Deckinger has more than 15 years of legal experience and has held multiple leadership positions within the Tyson law department. Hi

SPRINGDALE, Ark., April 12, 2021 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) is using the power of technology to help its U.S. employees and their families save money on prescription drugs. The company is partnering with Rx Savings Solutions, to provide a free, confidential online tool that gives team members and their covered dependents ways to pay less for the medications covered through the company's health plan. The prescription drug savings software examines the medications a member takes and finds lower-cost options to treat the same conditions. The savings can be generic, less expensive forms of a name-brand drug or various options based on prescriptions taken. The personaliz

SPRINGDALE, Ark., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) today announced the appointment of Dr. Claudia Coplein to the newly-created role of Chief Medical Officer. Coplein is a physician executive who brings more than 20 years of healthcare experience to the company after holding leadership roles in the insurance, global manufacturing, healthcare and technology fields. Her immediate focus will be assisting the company’s efforts to protect team members during the Covid-19 pandemic, while also working to expand and promote a culture of health, safety and wellness at Tyson. The appointment is effective January 4. Coplein, who was most recently Head of Health & Wellne