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Pilgrims Pride Corp

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  • Tyson moving forward with Hillshire deal Wednesday, 2 Jul 2014 | 8:33 AM ET

    SPRINGDALE, Ark.— Tyson Foods Inc. has signed a definitive deal to purchase Hillshire Brands Co. for $7.75 billion, two days after the maker of Jimmy Dean sausages and Ball Park hot dogs was let out of its agreement to buy Pinnacle Foods. Chicago- based Hillshire agreed to buy Pinnacle Foods Inc. for $4.23 billion in May.

  • *Apple attracts heavy trading following stock split. *International Game Technology shares fly after Reuters report. NEW YORK, June 9- The Dow and S&P 500 ended at record highs again on Monday as more deal news raised enthusiasm for stocks, though Wall Street's fear gauge advanced.

  • *Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks were nearly flat on Monday after the Dow and S&P 500 hit intraday record highs again on more deal news, while Wall Street's fear gauge rebounded.

  • *Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks edged higher on Monday, pushing the Dow and S&P 500 to intraday record highs again after a series of deals, though Wall Street's fear gauge also bounced back. Merck& Co said it has agreed to buy Idenix Pharmaceuticals Inc in a deal valued at about $3.85 billion.

  • June 9- Tyson Foods Inc won the bidding war for Hillshire Brands Co with an all-cash offer that values the maker of Jimmy Dean sausages at $8.55 billion including debt and would be the biggest deal yet in the global meat business.

  • *Apple sees heavy trading following stock split. NEW YORK, June 9- U.S. stocks advanced on Monday, boosted by a number of major acquisition deals, though gains were slight with key indexes continuing to hover around records. While Wall Street's upward trend looks intact, traders may need new catalysts to bid the market up further lest the momentum runs out of steam.

  • June 8- Tyson Foods Inc prevailed over Pilgrim's Pride Corp in a bidding war between meat processors over Hillshire Brands Co, with an increased offer valuing the maker of Jimmy Dean sausages at $8.55 billion including debt. Pilgrim's Pride said it had withdrawn its offer.

  • *Apple may see heavy action following stock split. NEW YORK, June 9- U.S. stock index futures pointed to modest losses at the open on Monday, as a rash of corporate deals weren't enough reason for investors to keep buying following a rally that has taken major indexes to repeated record highs.

  • June 9- Tyson Foods Inc said it reached a "unilaterally binding offer" to buy Hillshire Brands Co for $8.55 billion, including debt, beating out Pilgrim's Pride Corp for the maker of Jimmy Dean sausages.

  • US STOCKS-Futures flat with indexes at records Monday, 9 Jun 2014 | 7:14 AM ET

    *Apple may see heavy action following stock split. NEW YORK, June 9- U.S. stock index futures were little changed on Monday, as investors sought fresh incentives to keep buying following a rally that has taken major indexes to repeated record highs. While Wall Street's upward trend looks intact, traders may need new catalysts to maintain its momentum.

  • We have a winner! Tyson takes Hillshire Brands Monday, 9 Jun 2014 | 6:16 AM ET
    Tyson Food and Hillshire Brands food products

    Hillshire Brands is expected to declare Tyson the victor of a bidding war over itself, people briefed on the matter said on Sunday.

  • June 8- Tyson Foods Inc has prevailed over Pilgrim's Pride Corp in a bidding war for Jimmy Dean sausage maker Hillshire Brands Co, according to a person familiar with the matter. Pilgrim's Pride, which is majority owned by Brazilian meat processing company JBS S.A., had offered $55 per share for Hillshire which valued the company at $7.7 billion including debt.

  • June 8- Tyson Foods Inc has prevailed over Pilgrim's Pride Corp in a bidding war for Jimmy Dean sausage maker Hillshire Brands Co, according to a person familiar with the matter. Pilgrim's Pride, which is majority owned by Brazilian meat processing company JBS S.A., had offered $55 per share for Hillshire which valued the company at $7.7 billion including debt.

  • Cramer: This company a mountain of hidden value Friday, 6 Jun 2014 | 6:33 PM ET

    Although you may search the market far and wide for value, sometimes the best plays are right under your nose.

  • Pilgrim's Pride Corp sweetened its per-share bid on Tuesday to $55 from $45, beating Tyson Foods Inc's $50 offer. The revised $55 bid from Pilgrim's implies a valuation of 14.5 times EBITDA for a total value of $7.7 billion, Bernstein Research analyst Alexia Howard said in a note.

  • What the market's light volume is signaling Wednesday, 4 Jun 2014 | 7:24 AM ET
    Traders on the floor of the New York Stock Exchange.

    A day after records were set, traders found few reasons to buy.

  • Cramer: 4 trends that work & 1 that doesn’t Tuesday, 3 Jun 2014 | 6:09 PM ET

    When you get a powerful trend, Jim Cramer says embrace it. Following are 4 powerful trends.

  • Traders work the floor of the New York Stock Exchange.

    Stocks eased off their lows but still closed in the red in lackluster trading Tuesday a day after the Dow and S&P 500 hit fresh highs.

  • *Semiconductors rally; Skyworks lifts outlook. *CBOE VIX ends up but well below historical average. NEW YORK, June 3- U.S. stocks dipped in thin volume on Tuesday, with the Dow and the S&P 500 retreating from Monday's record closing levels as traders found few reasons to buy following a string of gains.

  • Deals of the day- Mergers and acquisitions Tuesday, 3 Jun 2014 | 4:03 PM ET

    **Pilgrim's Pride Corp, the second largest U.S. chicken processor, raised its offer for Hillshire Brands Co, escalating a bidding war with Tyson Foods Inc for the maker of Jimmy Dean sausages. **Germany's Siemens said on Tuesday it called off the sale of its baggage handling and postal automation business.