International Business News - TSN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Thanksgiving is bringing turkey producers little to celebrate this year, while diners anticipating the most poultry-centric of holidays may be grateful that they won't see much difference in the cost of their bird. http://www.ibtimes.com/data/articleimgs/175007-troubled-turkeys.jpg http://www.ibtimes.com/articles/20081114/thanksgiving-little-blessing-for-turkey-industry.htm http://www.ibtimes.com/articles/20081114/thanksgiving-little-blessing-for-turkey-industry.htm Fri, 14 Nov 2008 12:07:15 EST Moody's Investors Service downgraded Tyson Foods Inc. on Thursday on concerns that the company's chicken business will lose more money and that its acquisition strategy will limit its available cash. http://www.ibtimes.com/articles/20081113/moodys-downgrades-tyson-foods.htm Thu, 13 Nov 2008 19:17:56 EST Tyson Foods Inc.'s goals are becoming clear, an analyst wrote Wednesday, saying the meat giant may be trying to permanently eliminate excess capacity from the industry by not instituting its own chicken production cuts. http://www.ibtimes.com/articles/20081112/analyst-tyson-may-try-to-force-permanent-cuts.htm Wed, 12 Nov 2008 11:52:16 EST Among the sector activity stories for Tuesday, Nov. 11, from AP Financial News: ATLANTA (AP)--Despite a decline in oil prices, airline stocks dropped Tuesday as the broader market plunged. http://www.ibtimes.com/articles/20081111/sector-roundup-airlines-energy-cos.htm Tue, 11 Nov 2008 15:05:44 EST Shares of Tyson Foods Inc. continued to plunge Tuesday as analysts cut their estimates and said its debt levels may mean it has to negotiate a credit agreement in a tight credit environment. http://www.ibtimes.com/articles/20081111/tyson-foods-shares-continue-to-plunge.htm Tue, 11 Nov 2008 20:07:41 EST Wall Street falls, unable to shake economic woes NEW YORK (AP)--Wall Street caved in to its economic anxieties and closed lower Monday, giving up an early rally over a stimulus package in China and refocusing on the acute pullback in spending that is pummeling U.S. companies. http://www.ibtimes.com/articles/20081110/business-highlights.htm Mon, 10 Nov 2008 18:25:10 EST Shares of the nation's meat makers largely tumbled on Monday after a crop report predicting lower corn and soybean harvests and news that Tyson Foods Corp. lost $91 million in its chicken unit in the fourth quarter. http://www.ibtimes.com/articles/20081110/sector-snap-meat-shares-plunge-after-crop-report.htm Mon, 10 Nov 2008 12:35:26 EST Among the earnings stories for Monday, Nov. 10, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20081110/earnings-roundup-aig-tyson-foods-glg-partners.htm Mon, 10 Nov 2008 10:45:54 EST The Agriculture Department on Monday lowered its forecasts for this year's U.S. corn and soybean harvests, pushing up the prices of both commodities while knocking down the shares of meat producers. http://www.ibtimes.com/data/articleimgs/172461-crop-report.jpg http://www.ibtimes.com/articles/20081110/usda-predicts-lower-corn-soybean-harvests.htm http://www.ibtimes.com/articles/20081110/usda-predicts-lower-corn-soybean-harvests.htm Mon, 10 Nov 2008 16:21:59 EST Tyson Foods Inc. had a bad year with its chicken segment, but pork and beef finished strong as the company announced Monday that it will push forward with expansion projects. http://www.ibtimes.com/data/articleimgs/172612-earns-tyson-foods.jpg http://www.ibtimes.com/articles/20081110/tyson-profit-rises-to-48-million-in-q4.htm http://www.ibtimes.com/articles/20081110/tyson-profit-rises-to-48-million-in-q4.htm Mon, 10 Nov 2008 18:38:10 EST The Agriculture Department is expected to forecast that this year's soybean harvest will come in below previous projections, potentially boosting the commodity's price. http://www.ibtimes.com/articles/20081110/ahead-of-the-bell-crop-report.htm Mon, 10 Nov 2008 06:48:08 EST Major business events and economic events scheduled for the coming week (some dates are tentative): SATURDAY, Nov. 8 http://www.ibtimes.com/articles/20081107/business-events-and-economic-reports-scheduled.htm Fri, 07 Nov 2008 20:13:46 EST The National Chicken Council, the trade group for the nation's chicken producers and processors, spent $30,000 in the third quarter to lobby on poultry imports, animal welfare and other issues, according to a recent disclosure report. http://www.ibtimes.com/articles/20081107/national-chicken-council-spent-30k-lobbying-in-3q.htm Fri, 07 Nov 2008 18:01:57 EST Among the sector activity stories for Friday, Nov. 7, from AP Financial News: NEW YORK (AP)--Airlines stocks fell Friday as oil prices inched higher, amid positive broader markets. http://www.ibtimes.com/articles/20081107/sector-roundup-airlines-meat-producers.htm Fri, 07 Nov 2008 14:23:43 EST Meat producer Tyson Foods Inc., coping with high energy and feed prices and lower demand, reports results for its fiscal fourth quarter on Monday. Tyson has seen its share price fall by more than half since an April 21 high of $19.44 per share but the company is keeping its sights set on the long term as it weathers the economic downturn. http://www.ibtimes.com/articles/20081107/on-the-watch-tyson-looks-to-long-term.htm Fri, 07 Nov 2008 14:09:42 EST Major companies tentatively scheduled to report quarterly earnings next week: http://www.ibtimes.com/articles/20081107/earnings-schedule-for-week-of-11-10-08.htm Fri, 07 Nov 2008 13:46:45 EST An analyst cut earnings estimates for the nation's meat makers on Friday, saying in a note prices will be kept down due to weak demand and export difficulties due to the expanding credit crisis. http://www.ibtimes.com/articles/20081107/earnings-estimates-cut-for-nations-meat-makers.htm Fri, 07 Nov 2008 12:23:06 EST Investors are waiting for Don Tyson's second act. Sitting in a quiet office in a long row of executive suites at the headquarters of the world's biggest meat company, Tyson promises he has one. http://www.ibtimes.com/articles/20081102/don-tyson-says-meat-company-seeks-global-growth.htm Sun, 02 Nov 2008 15:47:04 EST Shares of most meat producers continued to fall Wednesday afternoon after Federal Reserve policymakers cut a key interest rate to boost the slumping economy. http://www.ibtimes.com/articles/20081029/meat-stocks-continue-fall-on-interest-rate-cut.htm Wed, 29 Oct 2008 14:47:16 EDT Tyson Foods Inc. is unlikely to violate its debt agreements, two analysts said, but blamed worries about whether the food company could reach that point for the stock's recent volatility. http://www.ibtimes.com/articles/20081029/analysts-tyson-trading-down-on-covenant-fears.htm Wed, 29 Oct 2008 11:45:47 EDT