International Business News - Tyson 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 _ Tyson Foods Inc., the world's largest meat processor, spent more than $555,5000 in the second quarter lobbying the federal government on agriculture and trade issues, according to a recent disclosure form. http://www.ibtimes.com/articles/20080815/tyson-spent-more-than-555k-lobbying-in-2q.htm Fri, 15 Aug 2008 14:18:37 EDT A flood-damaged Tyson Foods Inc. plant has reopened in Wisconsin but the meat maker is cutting more than 200 jobs there due to damaged equipment. The plant in Jefferson reopened last week after being closed due to severe flooding in the southeastern Wisconsin region since the middle of June. http://www.ibtimes.com/articles/20080812/flooded-tyson-plant-in-wis-reopens-cuts-jobs.htm Tue, 12 Aug 2008 16:59:02 EDT Union workers and officials at a Tyson Foods plant in Tennessee said Friday they have agreed to reinstate Labor Day as a paid holiday, and the plant will also observe the Muslim holiday Eid al-Fitr this year. http://www.ibtimes.com/articles/20080808/tyson-plant-adds-muslim-holiday-keeps-labor-day.htm Fri, 08 Aug 2008 17:16:03 EDT Tyson Foods Inc. is recalling more than 51,000 pounds of frozen raw chicken breast tenderloin over concerns it may contain soy. The world's largest meat processor said Thursday that soy, a known allergen, was not declared on the product's label. http://www.ibtimes.com/articles/20080807/tyson-foods-recalls-51-000-pounds-of-chicken.htm Thu, 07 Aug 2008 08:14:06 EDT THE AGREEMENTS: Meat producer Tyson Foods Inc. has contracts with retailers and restaurants at fixed prices. The company has been bound by agreements that locked in lower prices for those big customers while grain prices have skyrocketed. http://www.ibtimes.com/articles/20080728/tyson-earnings-hurt-by-commodity-prices.htm Mon, 28 Jul 2008 15:21:12 EDT Among the earnings stories for Monday, July 28, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080728/earnings-roundup-tyson-wrigley.htm Mon, 28 Jul 2008 14:35:07 EDT Tyson Foods Inc., the world's largest meat company, saw its third-quarter profits nearly obliterated because of skyrocketing grain costs and said Monday that it may be another quarter before the worst is over for its chicken division. http://www.ibtimes.com/articles/20080728/tyson-earnings-plunge-chicken-segment-costs-cited.htm Mon, 28 Jul 2008 17:25:41 EDT Tyson Foods Inc., the world's largest meat producer, reports earnings for the third quarter on Monday before the market opens. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20080725/earnings-preview-tysons-income-seen-lower-in-3q.htm Fri, 25 Jul 2008 12:14:34 EDT Chicken producer Tyson Foods Inc. and Syntroleum Corp. said Tuesday they have given final approval to build a renewable synthetic fuel facility where low-grade inedible fats and greases will be turned into renewable transportation fuels for the military and civilian markets. http://www.ibtimes.com/articles/20080715/tyson-syntroleum-ok-synthetic-fuel-plant-in-la.htm Tue, 15 Jul 2008 19:34:01 EDT Tyson Foods Inc. says it has acquired majority ownership in a major poultry producer in India. Springdale-based Tyson announced Monday that it has bought 51 percent ownership of Godrej Foods, Ltd., based in Mumbai, India. The joint venture will be called Godrej Tyson Foods and is expected to have annual sales starting at about $50 million. http://www.ibtimes.com/articles/20080630/tyson-plans-joint-venture-with-india-based-godrej.htm Mon, 30 Jun 2008 14:50:28 EDT Meat producer Tyson Foods Inc. said Monday it bought majority ownership of a poultry processing business in India. Tyson said it acquired 51 percent ownership of Godrej Foods Ltd., based on Mumbai. Godrej Foods is a subsidiary of agribusiness company Godrej Agrovet Ltd. and makes products under the "Real Good Chicken" brand name. The company also has a line of frozen vegetables under the Yummiez brand. http://www.ibtimes.com/articles/20080630/tyson-buys-majority-stake-in-india-chicken-company.htm Mon, 30 Jun 2008 09:21:38 EDT One of Canada's largest beef-processing plants, Lakeside Farm Industries of Brooks, Alberta, will be sold to a Canadian company, XL Foods Inc., in a deal worth about $107 million, owner Tyson Foods Inc. said Wednesday. http://www.ibtimes.com/articles/20080625/tyson-agrees-to-sell-alberta-plant-for-107m.htm Wed, 25 Jun 2008 20:02:31 EDT Tyson Foods Inc. said Wednesday it signed a letter of intent to sell its beef processing operations in Canada to XL Foods Inc. for 107 million Canadian dollars ($105.4 million) http://www.ibtimes.com/articles/20080625/tyson-to-sell-canadian-beef-operations-for-105-4m.htm Wed, 25 Jun 2008 18:49:34 EDT Among the stock activity stories for Thursday, June 19, from AP Financial News: NEW YORK (AP)--Shares of Tyson Foods Inc. regained some ground on Thursday, one day after a credit rating agency cut the meat producer's bonds to junk bond status, sparking a sharp drop in stock price. http://www.ibtimes.com/articles/20080619/movers-roundup-tyson-foods-american-axle.htm Thu, 19 Jun 2008 14:25:30 EDT Shares of Tyson Foods Inc. regained some ground on Thursday, one day after a credit rating agency cut the meat producer's bonds to junk bond status, sparking a sharp drop in stock price. http://www.ibtimes.com/articles/20080619/tyson-foods-shares-regain-some-ground.htm Thu, 19 Jun 2008 13:50:06 EDT Among the stock activity stories for Wednesday, June 18, from AP Financial News: NEW YORK (AP)--Shares of Tyson Foods Inc. sank Wednesday after a credit rating agency downgraded the meat producer's bonds to junk bond status due to sharply higher grain costs. http://www.ibtimes.com/articles/20080618/movers-roundup-tyson-foods-canadian-solar.htm Wed, 18 Jun 2008 18:03:44 EDT Shares of Tyson Foods Inc. sank Wednesday after a credit rating agency downgraded the meat producer's bonds to junk bond status due to sharply higher grain costs. http://www.ibtimes.com/articles/20080618/tyson-foods-shares-fall-on-rating-downgrade.htm Wed, 18 Jun 2008 15:06:55 EDT A rating agency downgraded Tyson Foods Inc. bonds Tuesday, citing rising costs and anticipated smaller profits for the world's largest meat company. Fitch Ratings said it downgraded Springdale-based Tyson's unsecured debt to "BB+," the highest "junk" rating, from "BBB-," the lowest investment-grade rating. the agency said. Tyson has about $3 billion in debt, and Fitch gave the company a rating outlook of "negative." Earlier this year, Tyson withdrew its earnings guidance. http://www.ibtimes.com/articles/20080617/fitch-downgrades-tyson-debt-cites-costs.htm Tue, 17 Jun 2008 17:33:39 EDT Credit-ratings agency Fitch Ratings on Tuesday downgraded ratings for Tyson Foods Inc., due to weakening results as grain costs continue to rise. Fitch cut Springdale, Ark.-based Tyson's issuer default rating and unsecured bank facility rating one notch to "BB+," the highest "junk" rating, from "BBB-," the lowest investment-grade rating. http://www.ibtimes.com/articles/20080617/fitch-downgrades-tyson-ratings.htm Tue, 17 Jun 2008 16:45:39 EDT Meat producer Tyson Foods Inc. said Monday it promoted Dennis Leatherby to the chief financial officer post. Leatherby, 48, previously served as senior vice president of finance and treasurer. He has also previously been Tyson's interim CFO. http://www.ibtimes.com/articles/20080609/tyson-foods-promotes-leatherby-to-cfo-job.htm Mon, 09 Jun 2008 09:13:37 EDT