Monday, July 30, 2007

UPDATE 3-Tyson posts quarterly profit, raises outlook

(Reuters) - CHICAGO, July 30 - Tyson Foods Inc , the
world's No. 1 meat producer, reported a larger-than-expected
quarterly profit on Monday due to higher beef, chicken and pork
prices and cost-cutting efforts.




But Tyson shares posted only modest gains on Monday as some
of the improved results had been expected.


Read more at Reuters.com Market News

No comments: