Thousands of producers prefer to sell cattle through marketing agreements, rather than in the cash market. The decisions in this case allow them to continue this practice, which they believe is more efficient and rewards them for raising cattle that produce the beef consumers demand. |
Unfortunately, it will be impossible to complete the cash tender offer by the 28th, ... IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal. |
Unfortunately, it will be impossible to complete the cash tender offer by the 28th. IBP continues to work with the SEC to resolve their accounting issues. After that work is complete, we will determine what effect these matters will have on our deal. |
We are gratified by the Supreme Court's decision in this case. This means U. S. cattle producers will continue to have the freedom to market cattle the way they want. It also proves our livestock buying practices are proper. |
We are satisfied that IBP's accounting issues have been resolved, and have every confidence in (IBP's) management team, ... We look forward to their contribution as we work together to run the world's premier protein provider. |
We entered fiscal 2006 knowing market conditions would be difficult, especially early in the year. During the first quarter, our chicken segment generated solid results and prepared foods improved, while pork struggled and beef further deteriorated, producing significant operating losses. |
We recognize the importance of being a responsible corporate citizen. This report charts our efforts as we seek to do what's right for all our stakeholders. It describes precisely how we provide safe food to the marketplace, serve as stewards for the animals, land and environment and act as partners in our communities. It also explains how we treat people, including our Team Members, consumers, suppliers and the communities where we live and operate. |
We regret the disruption the closings will cause our team members and these two outstanding plant communities, which both have a long history in the meatpacking industry. |
We regret the disruption the closings will cause our team members and these two outstanding plant communities, which both have a long history in the meatpacking industry. We've worked hard over the past year to try to keep these plants open and I appreciate everyone's efforts. However, we've concluded we can operate more efficiently by permanently consolidating operations. |
We said the second quarter would be very tough, and it was even tougher than we anticipated. |
We simply cannot endorse a decision to complete the transaction under the facts as we understand them today. My decision today was based on what I felt was in the best interest of our Company and its shareholders. |
We will get a seasonal balance come May, June. It is going to get better. We're in a tough curve, and that's why you'll see us going to step on the accelerator when we come out of that curve. |
We will have the ability to take advantage of our strengths to service the consolidating food service marketplace. We can take and match our efficiencies and our services to meet a changing landscape. |
We're excited about proceeding with this project, which represents another monumental step in the evolution of our case ready meats business, |
We're pleased to be part of this effort, especially in the state of Mississippi where we employ more than 5,000 Tyson Team Members. |