GO
Loading...

Pilgrims Pride Corp

More

  • 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.

  • UPDATE 1-Tyson offers to buy Hillshire for $6.13 bln Thursday, 29 May 2014 | 9:16 AM ET

    May 29- Tyson Foods Inc, the largest U.S. meat processor, offered to buy Hillshire Brands Co for $6.13 billion to expand into the fast-growing market for breakfast foods. The offer comes two days after Pilgrim's Pride Corp offered to buy Hillshire in an all-cash deal valued at $6.4 billion to expand its protein footprint with Hillshire's sausages and lunch meats.

  • Tyson offers to buy Hillshire in $6.8 bln deal Thursday, 29 May 2014 | 8:45 AM ET

    May 29- Tyson Foods Inc, the largest U.S. meat processor, offered to buy Hillshire Brands Co in a deal valued at $6.8 billion to expand into the breakfast food category. Tyson said it would offer $50 per share, representing a premium of about 11 percent to Hillshire's closing on Wednesday.

  • NEW YORK, May 27- Hillshire Brands Co saw a spike in bullish options bets in the days prior to a Tuesday takeover offer from Pilgrim's Pride Corp, even as the company was in the midst of a big acquisition of its own that had hurt its share price.

  • Stocks finished broadly higher Tuesday, with the S&P 500 setting a new record, as investors cheered a batch of better-than-expected economic reports and merger activity.

  • *Hillshire Brands shares soar after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stocks rose on Tuesday as the S&P 500 scored a second straight record close, buoyed by the latest round of merger activity and as expectations for rate cuts by the European Central Bank stoked investors' appetite for equities.

  • *Hillshire Brands shares soar after Pilgrim's Pride bid. NEW YORK, May 27- U.S. stocks advanced on Tuesday after the S&P 500 touched a record high, buoyed by the latest round of merger activity and as expectations for rate cuts at the European Central Bank stoked investors' appetite for equities.

  • May 27- Pilgrim's Pride Corp on Tuesday offered to buy Hillshire Brands Co in an all-cash deal valued at $6.4 billion, as the world's second-largest chicken processor seeks to expand its protein footprint with Hillshire's sausages and lunch meats.

  • Midday movers: Hillshire, BofA, AmEx & more Tuesday, 27 May 2014 | 12:25 PM ET

    Take a look at some of Tuesday's midday movers:

  • May 27- Poultry producer Pilgrim's Pride Corp said it offered to buy Hillshire Brands Co for $5.52 billion, a deal that could add pork and beef products such as Jimmy Dean sausages and Hillshire lunch meats to its portfolio.