New Leadership Positions, Recognitions, Appointments, Operational Changes, and Dividends - Research Report on Tyson Foods, Hormel, BRF, Pilgrim's and Lancaster Colony
Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, November 22, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Tyson Foods Inc. (NYSE: TSN), Hormel Foods Corp. (NYSE: HRL), BRF S.A. (NYSE: BRFS), Pilgrim's Pride Corp. (NASDAQ: PPC) and Lancaster Colony Corporation (NASDAQ: LANC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Tyson Foods Inc. Research Report
On November 18, 2013, Tyson Foods Inc. (Tyson Foods) announced the creation of several new leadership positions to support future growth in its domestic and international protein and prepared foods businesses. The Company stated that this move is in line with its stated long-term strategy of accelerating growth in the international, poultry and prepared foods arenas through innovation and services while nurturing the best talent in the food industry. According to the Company, new senior leadership positions include: President of Prepared Foods, Customer and Consumer Solutions; President of Poultry; President of Fresh Meats; Group Vice President of International; Executive Vice President of Strategy and New Ventures; Executive Vice President of Program Management; President of Prepared Foods; President of Sales and Marketing and Chief Commercial Officer. Donnie Smith, president and CEO, commented, "These new positions will bring focus to our growth platforms, reinforce our operational excellence and give our team members broader experience in our company." The Full Research Report on Tyson Foods Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/4516_TSN
--
Hormel Foods Corp. Research Report
On November 11, 2013, Hormel Foods Corp. (Hormel) announced that it has been named a Top 100 Military Friendly Employer by Victory Media, publisher of G.I. Jobs and Military Spouse, for the second consecutive year. Hormel stated that it has earned the No. 63 spot on the list. Jeffrey M. Ettinger, Chairman of the Board, President and CEO stated, "Military veterans have excellent transferable skills that are an asset to our company. We are proud to be recognized on this list for the second straight year." The Company stated that it will be showcased, along with other 2014 Military Friendly Employers, in the December edition of G.I. Jobs magazine. The Full Research Report on Hormel Foods Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/d79d_HRL
--
BRF S.A. Research Report
On November 14, 2013, BRF S.A. (BRF) announced that Pedro de Andrade Faria has been appointed as the Company CEO - International. BRF stated that Mr. Faria, who will report directly to Claudio Galeazzi, Global CEO will assume responsibility for 19 commercial offices, 11 industrial units, two joint ventures and routine export procedures involving over 120 countries. The Company informed that Faria worked as a member of the Board of Directors and Director of Investor Relations of Tarpon. Prior to this, he served as executive partner of Pátria Investments, responsible for monitoring the private equity portfolio. The Full Research Report on BRF S.A. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/fdc5_BRFS
--
Pilgrim's Pride Corp. Research Report
On November 19, 2013, Pilgrim's Pride Corp. (Pilgrim's) announced several operational changes to improve efficiencies to achieve its goal of generating approximately $200 million in savings in 2014. The Company stated that starting January 24, 2014, it will expand its operations in Russellville, Alabama and Douglas, Georgia to absorb the current fresh poultry processing operations in Boaz, Alabama. Also, this consolidation will allow the Company to maintain its current production levels, utilize idle capacity efficiently and generate over $20 million in incremental margin. Pilgrim's added that it will invest approximately $10 million to upgrade its feed mill in Falkville, Alabama, and add about 100 jobs at the Douglas and Russellville operations. According to the Company, these strategic decisions will allow Pilgrim's to optimize its operational network and efficiently deploy resources and capital to facilities with improved infrastructure, greater scale and more favorable opportunities for long-term, sustainable profitability. The Full Research Report on Pilgrim's Pride Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/1e47_PPC
--
Lancaster Colony Corporation Research Report
On November 18, 2013, Lancaster Colony Corporation's (Lancaster Colony) announced that its Board of Directors has declared a quarterly cash dividend of $0.44 per share on the Company's common stock, payable on December 31, 2013 to shareholders of record on December 9, 2013. According to John B. Gerlach, Jr., Chairman and CEO of Lancaster Colony, the increased regular cash dividend reflects the Company's continued strong financial position and will be the 202nd consecutive quarterly cash dividend paid by the Company. Gerlach added that the projected annual payout for FY 2014 (period ending June 30, 2014) is $1.72 per share, versus $1.52 per share regular cash dividend paid in FY 2013. Lancaster Colony also announced that its shareholders have reelected three incumbent directors during the annual meeting: Kenneth L. Cooke, Director, Executive Vice President and Chief Operating Officer of Intermedix Corporation; Alan F. Harris, retired Executive Vice President and Chief Marketing and Customer Officer of Kellogg Company; and Zuheir Sofia, Chairman, President and CEO of Business Bank of Florida and Chairman of Sofia & Company, Inc. The Full Research Report on Lancaster Colony Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/d79b_LANC
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article