|Last Price$38.51||Day Change (%)-0.70%|
|Open Price$38.96||Day Change ($)-0.27|
|Day Range38.51–39.01||52-Week Range27.33–44.24|
As of Fri 09/19/2014 12:35 PM EST | USD
Tyson Foods reiterates full-year outlook after Hillshire merger close
UPDATE: PVH rises on earnings beat; GoPro, Mobileye fall
Welcome to the Tyson Quarterly Investor Earnings Conference. For today's call, all parties will be on listen-only. Today's call is being recorded. If you have any objections, please disconnect at this time.
The Hillshire Brands Company Declares Quarterly Dividend
As credit spreads have tightened on a nearly continuous trend over the past year, they are becoming richly valued relative to their historical average.
With roughly two thirds of this sector enjoying a narrow or wide economic moat, we continue to find pockets of opportunity when short-term concerns outweigh our forecasted long-term growth trajectories.
A bidding war is sizzling for this meat-centric firm, but Tyson is grazing dangerous terrain.
Consumer defensive stocks, though fairly valued, still offer opportunities for investors concerned about safety.
We see continued margin pressures, emerging-market opportunities, spin-off acquisition targets, plus some pockets of value in the sector.