Leonard Teitelbaum
Leonard Teitelbaum
full responsibility saw took
I think we saw a chastened Dwayne Andreas, one who took full responsibility for what happened,
confident guilt industry question suffer though
Even though we feel confident that the shipment did not originate from Tyson, there is no question that every participant in the industry is going to suffer from guilt from association.
aid appear border corn japan lower opening poultry prices
We had thought that much lower corn prices and the opening of the border to Japan would aid poultry and beef, respectively. It would appear this is aggressive.
announced comments earnings either estimate expects fiscal following longer loss meet morning neutral opinion per poultry pride producer reducing
We are maintaining our neutral opinion on PPC (No. 2 U.S. poultry producer Pilgrim's Pride Inc.) following the company's comments this morning that it no longer expects to meet its previously announced earnings expectations for either F2006 (ends Sept) or the F2Q. We are reducing our F2006 estimate to $1.20 from $2.20 and are also now estimating a fiscal 2Q loss of $0.30 per share, down from earnings of $0.30 per share.