Welcome!

News Feed Item

Investments, Reverse Stock Splits, Management Changes, and Financial Results - Research Report on BRF, Sanderson Farms, Dean Foods, Hain Celestial, and Pilgrim's

NEW YORK, September 2, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Analysts' Corner announced new research reports highlighting BRF SA (NYSE: BRFS), Sanderson Farms, Inc. (NASDAQ: SAFM), Dean Foods Company (NYSE: DF), The Hain Celestial Group, Inc. (NASDAQ: HAIN), and Pilgrim's Pride Corporation (NASDAQ: PPC). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

BRF SA Research Report

On August 27, 2013, BRF SA (BRF) announced an update in connection with a report on the outcome of a review of the Company's management structure dated August 14, 2013. According to the Company, it has received approvals to incorporate certain additional changes in BRF's management structure. As a result, Elcio Ito, Head of the Finance and Investor Relations Department, will now responsible for the Finance Department, focusing on global treasury and management of capital employed. Edina Biava, Investor Relations Manager, will now focus on the Company's corporate governance, and will report directly to the Board of Directors. Christiane Assis, Corporate Risk Manager, will be responsible for the Investor Relations Department. The Full Research Report on BRF SA - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/fdc5_BRFS]

--

Sanderson Farms, Inc. Research Report

On August 27, 2013, Sanderson Farms, Inc. (Sanderson) reported its Q3 FY 2013 financial results (period ended July 31, 2013). The Company's net sales were $739 million, up 18.3% YoY during the quarter. Net income stood at $67.9 million, or $2.95 per diluted share, in Q3 FY 2013, compared with $28.7 million, or $1.25 per diluted share, in Q3 FY 2012.  Joe F. Sanderson, Jr., Chairman and CEO of Sanderson said, "Market prices for poultry products were higher than the third quarter of fiscal 2012, as the Georgia Dock whole bird price remained historically high during the quarter. The Georgia Dock price reflects steady retail grocery store demand, In addition, market prices for wings, while below last year's third quarter levels, improved during the quarter. Boneless breast meat prices remained well above last year's prices and peaked in May as several quick serve restaurants and other food service establishments featured chicken on their menus." The Full Research Report on Sanderson Farms, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/733e_SAFM]

--

Dean Foods Company Research Report

On August 26, 2013, Dean Foods Company (Dean Foods) announced that its 1-for-2 reverse stock split of issued Dean Foods commons stock will be in effect from 4:15 p.m. ET on the date of announcement. The Company informed that its common stock will trade on a split-adjusted basis on the NYSE with effect from August 27, 2013. Chris Bellairs, CFO of Dean Foods, re-affirmed the Company's financial guidance for Q3 2013 and said, "We previously announced our expectation of adjusted diluted earnings of $0.05 to $0.08 per share during the third quarter of 2013 on a pre-split basis. On a post-split basis, this translates to expected adjusted diluted earnings of $0.10 to $0.16 per share for the third quarter of 2013. In addition, our prior full year 2013 guidance of adjusted diluted earnings of $0.47 to $0.53 per share on a pre-split basis translates to adjusted diluted earnings per share of $0.94 to $1.06 on a post-split basis." The Full Research Report on Dean Foods Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/3bf2_DF]

--

The Hain Celestial Group, Inc. Research Report  

On August 21, 2013, The Hain Celestial Group, Inc. (Hain Celestial) announced that Stephen J. Smith will join the Company as the new Executive Vice President and CFO, with effect from September 3, 2013. Hain Celestial informed that this move of the Company comes in connection with the planned retirement of its current CFO, Ira J. Lamel, effective on August 31, 2013. According to the Company, prior to joining Hain Celestial, Smith has served as Executive Vice President and CFO at Elizabeth Arden, Inc. for more than 12 years. Irwin D. Simon, Founder, President, and CEO of Hain Celestial said, "Steve has an extensive background in working with consumer products companies on a global basis and brings a demonstrated ability to implement business analytics for high-performance strategic growth, Steve is the right person to work with our management team in achieving our next level of growth." The Full Research Report on The Hain Celestial Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1164_HAIN]

--

Pilgrim's Pride Corporation Research Report

On August 28, 2013, Pilgrim's Pride Corporation (Pilgrim's) announced an investment of $25 million in the state of Alabama. According to the Company, the investment would encompass construction of a new feed mill facility, and a $10 million renovation of Pilgrim's poultry processing facility, both in the state of Alabama. Pilgrim informed that the construction of the new feed mill will begin within the next 30 days from the day of announcement, and renovation of the existing processing facility in Enterprise will occur in the next six months. Jayson Penn, Executive Vice President, Sales and Operations at Pilgrim's said, "This significant investment is consistent with our strategy of relentless pursuit of operational excellence and will improve our efficiencies, cost structure and competitiveness, while creating a safer work environment for our employees." The Full Research Report on Pilgrim's Pride Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/1e47_PPC]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquiries, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

http://www.analystscorner.com

SOURCE Analysts' Corner

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle. In his session at 18th Cloud Expo, ...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
The security needs of IoT environments require a strong, proven approach to maintain security, trust and privacy in their ecosystem. Assurance and protection of device identity, secure data encryption and authentication are the key security challenges organizations are trying to address when integrating IoT devices. This holds true for IoT applications in a wide range of industries, for example, healthcare, consumer devices, and manufacturing. In his session at @ThingsExpo, Lancen LaChance, vic...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
With all the incredible momentum behind the Internet of Things (IoT) industry, it is easy to forget that not a single CEO wakes up and wonders if “my IoT is broken.” What they wonder is if they are making the right decisions to do all they can to increase revenue, decrease costs, and improve customer experience – effectively the same challenges they have always had in growing their business. The exciting thing about the IoT industry is now these decisions can be better, faster, and smarter. Now ...
"Splunk basically takes machine data and we make it usable, valuable and accessible for everyone. The way that plays in DevOps is - we need to make data-driven decisions to delivering applications," explained Andi Mann, Chief Technology Advocate at Splunk and @DevOpsSummit Conference Chair, in this SYS-CON.tv interview at @DevOpsSummit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
In his session at @DevOpsSummit at 19th Cloud Expo, Robert Doyle, lead architect at eCube Systems, will examine the issues and need for an agile infrastructure and show the advantages of capturing developer knowledge in an exportable file for migration into production. He will introduce the use of NXTmonitor, a next-generation DevOps tool that captures application environments, dependencies and start/stop procedures in a portable configuration file with an easy-to-use GUI. In addition to captur...
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...