Pilgrim's Pride

Source: news.google.com --- 21 days ago
Pilgrim's Pride expects 'significant' loss Houston Chronicle - 27 minutes ago AP PITTSBURG, Texas - Pilgrim's Pride Corp., the nation's largest chicken producer, said it has notified its lenders that the company expects to report a "significant loss" in the fiscal fourth quarter ending Sept. Pilgrim's Pride Expects to Breach Credit Covenant (Update1) Bloomberg Pilgrim's Pride to report 4Q loss on cost pressure The Associated Press Reuters  - MarketWatch  - RTT News  - Wall Street Journal all 176 news articles ...

Source: www.businessweek.com --- 16 days ago
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Source: www.reuters.com --- 21 days ago
(Reuters) - Chicken producer Pilgrim's Pride Corp expects a significant fourth-quarter loss because of high feed costs, weak pricing and demand for breast meat, along with the negative impact of hedged grain positions, it said on Thursday. ...

Source: www.marketwatch.com --- 20 days ago
Shares of Pilgrim's Pride Corp. plunges 36% after the nation's biggest chicken producer warns of deeper losses, hit by lofty costs for corn and soybean meal and hedging losses on those feed grains. ...

Source: www.marketwatch.com --- 19 days ago
Pilgrim’s Pride, scrambling to shore up its troubled balance sheet, may look to sell assets and tap the private-equity market for cash. ...

Source: www.forbes.com --- 16 days ago
Poultry producer's shares fall after lenders waive debt covenant. ...

Source: online.wsj.com --- 20 days ago
Pilgrim's Pride warned investors it will report "a significant loss" for this quarter and could end up in default with its lenders. ...

Source: www.forbes.com --- 21 days ago
Shares plummet as chicken producer warns of loss and debt problems. ...

Source: seattlepi.nwsource.com --- 21 days ago
MILWAUKEE -- Trading in shares of Pilgrim's Pride Corp., the nation's largest chicken producer, was halted late Wednesday after the stock fell 38 percent and saw volume at more than six times its normal level. ...

Source: www.chron.com --- 21 days ago
PITTSBURG, Texas — Pilgrim's Pride Corp., the nation's largest chicken producer, said it has notified its lenders that the company expects to report a "significant loss" in the fiscal fourth quarter ending Sept. 27. ...

Source: www.chron.com --- 21 days ago
PITTSBURG, Texas — Chicken producer Pilgrim's Pride Corp. said Thursday it expects to report a "significant loss" in its fiscal fourth quarter and will not be in compliance with one of its debt covenants. The announcement comes after shares dropped 38 percent Wednesday in heavy trading. Trading was halted pending Thursday morning's announcement. ...

Source: www.chron.com --- 20 days ago
— Pilgrim's Pride Corp. said Thursday it expects to report a "significant loss" in its fiscal fourth quarter and is so sagged by debt it may not meet the terms of its loan agreements. Here's a look at the woes at the market-leading chicken producer: ...

Source: www.ft.com --- 20 days ago
The fall follows a warning from the largest US chicken processor that a larger-than-expected quarterly loss could put it in default on its debt ...

Source: www.ft.com --- 18 days ago
Having grown from a single feed store 62 years ago, Pilgrim's Pride relied on gutsy acquisitions to reach the top of the industry's pecking order. Now it may become the latest victim of excessive leverage ...

Source: dallas.bizjournals.com --- 21 days ago
Chicken processor Pilgrim’s Pride, based in northeast Texas, expressed fears Thursday of falling out of compliance with lenders when it reported the company expects a significant loss in the fourth quarter. ...

Source: www.dallasnews.com --- 6 days ago
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Source: seekingalpha.com --- 39 days ago
Stephen Rosenman submits: Moody's is thinking about downgrading Pilgrim's Pride (PPC). Pilgrim's Pride is a billion dollar market cap company with a $1.5 billion long term debt, no income, and high costs. Complete Story » ...

Source: www.baynews9.com --- 20 days ago
Pilgrim's Pride to post big loss in 4Q, talking with lenders; shares drop nearly 40 pct ...