by - November 19, 2014 5:32 pm
Tyson Foods boss predicts 12% earnings growth in 2015
CEO Donnie Smith said Tyson Foods “2.0” is at the beginning of a new growth phase with the integration of Hillshire Brands it acquired earlier this year at a cost…
Tag: Tyson Foods
by - November 17, 2014 7:14 am
Tyson Foods beats estimates with annual income at $864 million (Updated)
Thanks to an operating income boost of 20% and record annual sales of $37.58 billion, Tyson Foods blew past market expectations and posted quarterly income of 87 cents per share…
by - November 13, 2014 7:20 pm
Tyson expected to report record year, revenue could hit $37.5 billion
Wall Street is eyeing a big payday from Tyson Foods on Monday (Nov. 17) when meat giant is reports fourth quarter and fiscal 2014 year earnings, with quarterly sales estimated…
by - October 9, 2014 8:34 pm
Tyson Foods CEO shares views on leadership, ‘trust’ in the workplace
It’s been five years since Donnie Smith assumed the role of CEO at Tyson Foods. It's a job he says he still struggles to balance with his personal life especially…
by - October 8, 2014 4:03 pm
Tyson Foods expected to ride rising meat prices to record profits
The 2014 fiscal year is shaping up to be another record year for Tyson Foods thanks to potential gains from rising meat prices and the $8.5 billion purchase of Hillshire…
by - September 22, 2014 12:34 pm
Hillshire, subsidiary of Tyson Foods settles hiring dispute
Hillshire Brands has agreed to pay $330,000 in back wages as part of a settlement with the U.S. Department of Labor over claims of hiring discrimination against 2,474 men in…
by - August 28, 2014 6:13 pm
Tyson Foods completes Hillshire deal, makes management changes
Tyson Foods on Thursday (Aug. 28) completed the $8.5 billion acquisition of Hillshire Brands, the largest deal ever in the meat industry. As expected, Hillshire CEO Sean Connolly will not…
by - August 25, 2014 1:00 pm
Tyson Foods’ Missouri problem risks millions in government contracts
Tyson Foods could lose around $500 million in government contracts if found guilty in and ongoing criminal probe by the Environmental Protection Agency over the recent release of toxic chemicals…
by - August 15, 2014 11:56 am
EPA investigates Tyson’s chemical pollution accident in Missouri
The U.S. Environmental Protection Agency announced a new a criminal investigation into a chemical spill in Monett, Mo. from a wastewater facility operated by Tyson Foods. If the EPA charges…
by - August 14, 2014 2:04 pm
Tyson extends tender deadline for Hillshire Brands
Tyson Foods and Hillshire Brands were asked to provide more details on their pending merger to the U.S. Department of Justice's Antitrust Division. The request relates to a "very small…
by - August 12, 2014 4:18 pm
Tyson Foods, poultry industry eye record corn crop
Tyson Foods and other local poultry companies are breathing easier with expectations of record U.S. corn and soybean crops this year, according to U.S. Department of Agriculture’s latest forecast. Poultry…
by - August 7, 2014 2:36 pm
Chicken industry shrugs off the Russian sanctions
The loss of the Russian export market for U.S. chicken companies is not expected to have measurable economic impact here in the U.S., according to Jim Sumner, president of the…
by - July 28, 2014 6:20 am
Tyson posts record third quarter income, exits Brazil and Mexico (Updated)
The metamorphosis of Tyson Foods is well underway as the meat giant sheds its chicken operations in Brazil and Mexico to Brazilian-based JBS Holdings for $575 million and continues its…
by - July 25, 2014 6:28 pm
Tyson Foods to shed 950 jobs with plant closures ahead of Hillshire merger
Tyson Foods announced late Friday (July 25) plans to shutter three of its processing facilities as it streamlines its prepared foods segment ahead of the anticipated merger with Hillshire Brands….
by - July 15, 2014 10:51 pm
Hillshire shareholders sue to stop Tyson takeover
An investor lawsuit against Hillshire Brands was filed this week by Shareholders Foundation Inc. The suit claims Hillshire executives breached their fiduciary duties by agreeing to sell the company to…
by - July 15, 2014 4:04 pm
Tyson Foods supports local snackpack program with grant
The Samaritan Community Center’s SnackPacks for Kids program received a $45,000 grant from Tyson Foods in Springdale, the second such donation in the past year. “No child should ever go…
by - June 17, 2014 11:37 pm
Hong Kong to welcome all U.S. beef
Hong Kong has relaxed its import protocol for U.S. beef products for the first time since 2005, according to U.S. Department of Agriculture Secretary Tom Vilsack. On Tuesday (June 17)…
by - June 3, 2014 3:10 pm
Food fight is on between Tyson Foods and Pilgrim’s for Hillshire Brands
This bidding for breakfast sausage could get expensive. What began as a $6.5 billion bid by Pilgrim’s Pride for Hillshire Brands, has now seen Pilgrim’s up its bid to $7.7…
by - May 29, 2014 8:51 am
Tyson Foods offers $6.8 billion for Hillshire Brands (Updated)
Tyson Foods announced Thursday (May 29) plans to acquire Hillshire Brands in a deal that would be worth $6.8 billion. Tyson said it is not interested in Pinnacle Foods, which…
by - May 20, 2014 3:05 pm
Tyson family gives $2 million to Jones Center Endowment
John Tyson, chairman of Tyson Foods Inc., pledged $2 million to the Jones Center Endowment on Tuesday (May 20), bringing the non-profit’s management within $3.5 million of its $30 million…