Tyson Foods, Inc. (TSN), the largest meat producer in the US, today announced financial results for the third quarter of its 2014 fiscal year (3QFY14; ended June 28), before the market opened. The company reported adjusted per-share earnings (EPS) of $0.75, missing the consensus estimate by three cents.
Tiffany & Co. (TIF) opened in the green today and its shares continued on an upward trend in early trading after the jewelry retailer reported performance results for the first quarter of its 2015 fiscal year (1QFY15; ended April 30, 2014) that beat analysts’ estimates by a huge margin. Investors’ confidence in the stock strengthened further when the management raised its full-year guidance as well.
OTTAWA — Canada’s finance minister is urging European countries to consider taking quick action to repair their flagging economies by following stimulus programs similar to the one that pulled this country out of recession.
“During the course of our [G20] discussions, we confronted an uncomfortable reality: We still have significant economic challenges ahead of us,” Mr. Oliver said during a conference call with Canadian reporters following the G20 finance ministers’ meeting in Cairns, Australia.
By Stephen Rosenman:Philip Morris International (PM), Altria (MO), and Kraft (KFT) - three dominating staples stocks. How kind Altria has been to its shareholders: Not only a strong stock performance by big MO but the welcome addition of the Philip Morris International and Kraft spin-offs.