Fantasy Football Fools (Free subscription) | 26/11/2009
Thanksgiving is a time for giving thanks. You should pause for a moment and think of all the players you have to thank for getting you where your fantasy team is today. Thank you, Terrell Owens, for going off the week we finally gave up on starting you. Thanks so much for being worthless just long [...]
BloggingStocks (Free subscription) | 11/11/2009
Filed under: Analyst upgrades and downgrades , Tyson Foods'A' (TSN) Bright and early on this fine Wednesday morning, JPMorgan downgraded Tyson Foods ( TSN ) to Neutral from Overweight. The brokerage gave four reasons for the downgrade: valuation, recent rises in corn and hog prices, a looming supply increase from competitor Sanderson Farms ( SAFM ), and uncertainty from Pilgrim's Pride. All of these...
Market Watch (Free subscription) | 11/11/2009
NEW YORK (MarketWatch) -- J.P. Morgan cut its rating on meat producer Tyson Foods Inc. to neutral from overweight Wednesday, noting that it believes upside for the shares is already priced in. Reasons for the downgrade include "1) valuation; 2) recent rises in corn and hog prices; 3) a pending supply increase from competitor Sanderson Farms; and 4) uncertainty surrounding competitor Pilgrim's...
The Economist (Free subscription) | 29/10/2009
A Brazilian livestock firm has grown to prize-winning size UNLESS you work with quadrupeds, it may have escaped your notice that a Brazilian company, JBS, is about to become the world’s largest processor of meat. Its recent acquisition of Pilgrim’s Pride, a big chicken processor in America and Mexico, and a pending merger with Bertin, another Brazilian firm, will soon give it bigger sales...
The Humane-Rights-Agenda Blog (Free subscription) | 25/10/2009
http://tinyurl.com/yz7wgwq After the Billionaires Plundered Alabama Town, Troops Were Called in ... Illegally By Mark Ames, AlterNet Posted on October 24, 2009, Printed on October 25, 2009 http://www.alternet.org/story/143485/ Editor's Note: The shocking transfer of public wealth to Wall Street's pockets is illustrated vividly in Mark Ames' article below, which covers some very disturbing recent events...
bello velo (Free subscription) | 24/10/2009
" We have to tolerate the inequality as a way to achieve greater prosperity and opportunity for all," says one Goldman Sachs adviser. But tell that to the people of Samson, Ala. Editor's Note: The shocking transfer of public wealth to Wall Street's pockets is illustrated vividly in Mark Ames' article below, which covers some very disturbing recent events in Alabama, where billionaires and...
DealBook (Free subscription) | 22/10/2009
Pilgrim's Pride, one of the nation's largest poultry producers, said Thursday that a bankruptcy court had given its approval for the company to ask shareholders to vote on its sale to the Brazilian beef producer JBS.
PR News Wire (Free subscription) | 22/10/2009
PITTSBURG, Texas, Oct. 22 /PRNewswire-FirstCall/ -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that it has received approval from the U.S. Bankruptcy Court for the Northern District of Texas to begin soliciting stockholder acceptance of the amended joint plan of reorganization of the company and six of its subsidiaries that are debtors and debtors in possession (the Debtors) in...
The Earth Times Online Newspaper (Free subscription) | 22/10/2009
PITTSBURG, Texas, Oct. 22 -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that it has received approval from the U.S. Bankruptcy Court for the Northern District of Texas to begin soliciting stockholder acceptance of the amended ...
DealBook (Free subscription) | 15/10/2009
Pilgrim's Pride said Thursday that the Federal Trade Commission and Department of Justice have cleared the way for its deal with Brazilian beef producer JBS, which would help pull the chicken producer out of bankruptcy.
San Fransisco Chronicle (Free subscription) | 15/10/2009
Pilgrim's Pride Corp. says the Federal Trade Commission and Department of Justice have cleared the way for its deal with Brazilian beef producer JBS SA, which would help pull the chicken producer out of bankruptcy. Last month, JBS said it would buy a majority... Sponsored Topics: Federal Trade Commission - United States Department of Justice - JBS SA - United States - Bankruptcy
The Earth Times Online Newspaper (Free subscription) | 15/10/2009
PITTSBURG, Texas, Oct. 14 -- Pilgrim's Pride Corporation (Pink Sheets: PGPDQ) today announced that it has received early antitrust clearance from the Federal Trade Commission and Department of Justice for the company's previously announced stock pu...
The Westerner (Free subscription) | 09/10/2009
A lawsuit brought by poultry producers against Pilgrim's Pride is gaining a lot of attention after the 5th Circuit Court of Appeals ruled that a producer does not have to show an adverse effect on competition to take legal action under the Packers and Stockyards Act. That ruling, which upheld the Texarkana Division of the Eastern District of Texas court ruling in the case, is in contrast to how other...
La Vida Locavore - Front Page (Free subscription) | 07/10/2009
The group R-CALF USA is asking the U.S. government to block a proposed merger between JBS and Pilgrim's Pride. Agriculture is an extremely consolidated sector, with only a few major players at the top of practically every industry. But as concentrated as pork, chicken, and turkey each are, beef puts them all to shame. Now it looks like JBS is seeking to do the same in the broiler industry. As of 2007,...
montgomeryadvertiser.com (Free subscription) | 06/10/2009
ATHENS -- A chicken processing plant owned by Pilgrim's Pride Corp. is shutting down this week after almost six decades, putting more than 600 people out of work and creating ripples that will be felt all over town.
Videos