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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Paul Kern who wrote (67156)7/31/2006 7:17:30 PM
From: CalculatedRisk  Read Replies (3) of 110194
 
Tyson Foods Shares Drop on 3rd-Qtr. Loss
biz.yahoo.com

Consumers moving away from high priced food stuff (Whole Foods, Tyson)

Excerpt:
Shares of Tyson Foods Inc. shed 3 percent on Monday, after the world's largest meat processor reported a fiscal third-quarter loss and predicted only modest improvement in the fourth quarter.

Tyson said a persistent glut of chicken, in particular, led to lower sales prices.
...
"The chicken glut continues. The export demand still is not there yet," Warren said. "It's definitely not a Tyson specific problem."
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