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Pilgrims Pride Corp

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  • NEW YORK, June 3- U.S. stocks edged lower on Tuesday, with the Dow and the S&P 500 receding from Monday's record closing levels as traders found few reasons to buy following a string of gains, though a rise in semiconductor companies' shares limited losses. Slightly more than 60 percent of stocks traded on both the New York Stock Exchange and the Nasdaq fell on the day.

  • *Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stocks edged lower in early trading on Tuesday, receding from record levels as traders found few reasons to buy following a string of gains. Slightly more than 60 percent of stocks traded on both the New York Stock Exchange and the Nasdaq fell on the day.

  • Futures slide after Dow, S&P 500 hit record highs Tuesday, 3 Jun 2014 | 9:02 AM ET

    U.S. futures pointed to a lower open Tuesday as investors looked to take a breather after the Dow and S&P 500 hit all-time highs.

  • Early movers: HSH, PPC, T, DG, GM & more Tuesday, 3 Jun 2014 | 7:37 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • US STOCKS-Futures dip, with few trading incentives Tuesday, 3 Jun 2014 | 7:11 AM ET

    *Dow, S&P 500 ended at records on Monday. NEW YORK, June 3- U.S. stock index futures were a touch lower on Tuesday as traders found few reasons to buy with major indexes at record levels, though the market's recent upward momentum appeared intact. *The CBOE Volatility Index has also been lower than average, hovering near levels not seen since March 2013.

  • June 3- 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. Hillshire's shares rose 9 percent at $58.50 in premarket trading, after Pilgrim's Pride said it raised its offer to $55 per share in cash from $45.

  • June 3- Hillshire Brands Co said it would "provide information" to bidders Pilgrim's Pride Corp and Tyson Foods Inc and conduct talks with both parties.

  • Meat brawl over Hillshire Brands heats up again Tuesday, 3 Jun 2014 | 6:13 AM ET
    Packages of Sara Lee Corp. Hillshire Farm deli meat are displayed for sale in a supermarket in Princeton, Illinois.

    Pilgrim's Pride is planning to raise its offer for Hillshire a week after it first offered to buy it in a $6.4 billion deal.

  • June 2- Pilgrim's Pride Corp is planning to raise its offer for Hillshire Brands Co a week after it first offered to buy the maker of Jimmy Dean Sausages in a $6.4 billion deal, the Wall Street Journal reported on Monday, citing people familiar with the matter.

  • LOS ANGELES/ CHICAGO, May 29- The bidding war for Hillshire Brands Co could herald further deals as meat companies seek to round out their assets from farm to table in a food frenzy that accelerated after China's acquisition of Smithfield Foods a year ago.

  • Cramer: ‘80s trend to sweep across market Thursday, 29 May 2014 | 6:08 PM ET

    Get out your Walkman! Cramer thinks a money making trend popular in the 1980s is about to surface again.

  • *Hillshire jumps; Tyson's bid outshines Pilgrim's Pride's. NEW YORK, May 29- The S&P 500 index climbed to its third record closing high in four sessions on Thursday as traders shrugged off data that showed the economy shrank in the first quarter and bet on improvement in the second quarter.

  • May 29- Tyson Foods Inc has offered to buy Hillshire Brands Co for $6.3 billion, upstaging Pilgrim's Pride Corp' s offer for the sausage company earlier in the week, in a deal that would broaden Tyson's supermarket food offerings.

  • *Hillshire jumps, Tyson's bid outshines Pilgrim's Pride's. "The headline figure was weaker than expected, but it was mainly due to slower inventory growth, which bodes well for future growth, future orders, new orders," said Jeffrey Saut, chief investment strategist at Raymond James Financial in St. Petersburg, Florida.

  • US STOCKS-S&P scales new peak as investors bet on growth Thursday, 29 May 2014 | 12:38 PM ET

    *Hillshire jumps, Tyson's bid outshines Pilgrim's Pride's. "Personal consumption was actually revised up, it was a big number and it held," said Phil Orlando, chief equity market strategist at Federated Investors in New York, referring to details in the gross domestic product data released earlier in the day.

  • Midday movers: Apple, Astrotech, Blackberry & More Thursday, 29 May 2014 | 12:20 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of Thursday's midday movers:

  • May 29- Tyson Foods Inc has offered to buy Hillshire Brands Co for $6.8 billion, upstaging Pilgrim's Pride Corp's $6.4- billion bid and signaling a high-stakes food fight for the seller of Hillshire sausages and Jimmy Dean sausages.

  • UPDATE 2-Tyson tops Pilgrim's offer to buy Hillshire Thursday, 29 May 2014 | 11:14 AM ET

    May 29- Meat processor Tyson Foods Inc offered to buy Hillshire Brands Co for $6.13 billion, trumping a bid from Pilgrim's Pride Corp, as it looks to expand into the fast-growing market for branded breakfast foods. Tyson offered $50 per share for the maker of Ball Park hotdogs and Jimmy Dean Sausages, $5 more than Pilgrim's bid.

  • Meat fight! Tyson makes $6.8B bid for Hillshire Thursday, 29 May 2014 | 10:12 AM ET
    Packages of Sara Lee Corp. Hillshire Farm deli meat are displayed for sale in a supermarket in Princeton, Illinois.

    Tyson Foods on Thursday offered $50 a share in cash, or $6.8 billion, for Hillshire Brands.

  • *Hillshire shares jump as Tyson bids more than Pilgrim's Pride. NEW YORK, May 29- U.S. stocks rose at the open on Thursday on expectations of strong growth in the second quarter, even as data showed the world's largest economy contracted in the first quarter.