Shares of Sanderson Farms Inc. slipped on Monday after an analyst downgraded the chicken producer's stock on expectations that grain prices will rise and eat into profits.
LAUREL, Miss.----Sanderson Farms, Inc. today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share payable August 17, 2010, to stockholders of record on August 3, 2010.
Chicken leg prices will move higher sooner than expected if chicken exports to Russia begin at the end of this month instead of the fall, an analyst said Monday.
Sanderson Farms, Inc. (NASDAQ:SAFM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 (fifteen cents) per share payable August 17, 2010, to 2010 07 22 13:48
Four free stock picks are being made available today on Zacks.com. The industry?s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of 2010 07 07 17:05
The major averages are under water late Thursday amid ongoing concerns about the European Debt Crisis and the global economy. The Dow Jones Industrial Average opened the session lower and followed European benchmarks southward after the cost of insuring Greek debt rose to record highs. France’s CAC 40 Index lost 2.4 percent and Spain’s IBEX slid 3 percent Thursday. In the US, the domestic news was a bit better than expected. Data released Thursday morning showed weekly jobless claims down 19K to 457K in the period ended June 19. Economists were looking for a drop to...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund filings.)
Next up is Roberto Mignone's hedge fund Bridger Management. Bridger focuses on long/short equity and event driven strategies (which you'll see evidence of in their portfolio below). Last we heard, Bridger has just under $3 billion in assets under management and is closed to new investors because Mignone likes to focus on investing rather than running a large...
Industrias Bachoco (IBA) is the leading poultry producer in Mexico. With 50 mil ADR equivalents outstanding, IBA is presently a billion dollar market cap, yet has one analyst following it (Buffalo Wild wings, a 900 mil cap and momentum darling, has 20). Boring and underfollowed, IBA has been a relative dog throughout the recovery and meets our assessments for being both cheap and safe.
With an ending 1Q10 book value of $24.14/ADR, and net cash of $3.25/shr, IBA...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund 13F filings.)
Next up is John Burbank's hedge fund firm Passport Capital. Burbank founded the San Francisco hedge fund in 2000 and his fund uses sector specific and macroeconomic analysis to select its investments. Once Passport has identified potential themes, it will drill down to find specific companies that can benefit.
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund 13F filings.)
Next up is Roberto Mignone's hedge fund Bridger Management. Bridger focuses on both long/short and event driven strategies which you'll see evidence of in its portfolio below. Bridger has $2.8 billion in assets under management and is closed to new investors. Mignone likes to focus on investing rather than running a large organization. Not to mention, he argues that once you get 'too...
U.S., U.K. AAA rating at risk. Moody's fingered the U.S. and U.K. among top-rated sovereign borrowers, saying the two must prove they can reduce their bulging deficits or risk a downgrade to their AAA credit ratings. Moody's called the pair merely "resilient" rather than "resistant," a label it applied to Canada, France and Germany. Under its most pessimistic scenario, the U.S. could lose its rating in 2013 if economic growth lags, interest rates rise and the government fails to shrink...
Recently, I wrote about how Joe Sanderson's prayers had been answered by the recovery in his chicken business. Much of that recovery came from the booming chicken wing business. Last quarter, wing prices climbed 62.6% over a year earlier.
When selecting income investments, the three most important questions to answer are : 1) Is the investment increasing its dividend each year, 2) Is the increase likely to continue into the future and 3) Are you being compensated for the risk you are taking? When you answer yes to all three of the questions, you just might have found an excellent income investment.
By Chip Brian Sanderson Farms (NASDAQ:SAFM) traded in a range yesterday that spanned from a low of $47.65 to a high of $48.66. Yesterday, the shares fell 0.51%, which took the trading range below ...
NEW YORK (AP) - Shares of Sanderson Farms Inc. slipped on Monday after an analyst downgraded the chicken producer's stock on expectations that grain prices will rise and eat into profits. THE ...
July 26 (Bloomberg) -- Shares of the following companies are having unusual moves in US trading. Stock symbols are in parentheses, and prices are of 11 am in New York. Homebuilders advanced after ...
By Amanda Smith 7/26/2010- Morgan Stanley analysts downgraded Sanderson Farms (NASDAQ:SAFM) to underweight from equal-weight as they expect grains prices to continue their recent rally but chicken ...
Good morning. We opined on Friday that we just might be seeing some improvement in the overall stock market environment. And with the release of the stress test results from 91 European banks on ...
July 25--After falling for consecutive months, the local unemployment rate remained constant for Jones, Lenoir, and Greene counties in June. "In this area, we are not where we would like to be ...
LAUREL, Miss.--(BUSINESS WIRE)--Sanderson Farms, Inc. (NASDAQ:SAFM) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.15 (fifteen cents) per share ...
Sanderson Farms, Inc.'s (SAFM - Snapshot Report) share price has entered into oversold territory with a stochastic value of 19.41. The Zacks Consensus Estimate on the company's earnings for the ...
Below are the top 10 most efficient Food stocks, based on earnings per employee for the last 12 months. Imperial Sugar Company (NASDAQ:IPSU) is the 1st most efficient company in this segment of ...
(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on 
