News Column

Story stocks

May 29, 2014



Tyson Foods

Price:$43.25

Chg:+$2.50

% chg: +6.1%

Day's high/low:

$43.98/$42.25

The poultry giant entered the food fight for Hillshire Brands, offering $6.8 billion, or $50 a share, topping a $6.4 billion, $45-a-share bid from Pilgrim's Foods for the maker of Jimmy Dean and Ball Park.

Michael Kors

The stock tanked even though the luxury accessories and handbags maker late Wednesday reported earnings above estimates. Analysts are worried about the company's profit margins.

Mediabistro

The operator of websites and blogs targeting the media industry agreed to sell its editorial and e-commerce assets for $8 million to PGM-MB, a wholly owned unit of Prometheus Global Media.





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Source: USA Today


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