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Topic: Tyson Foods


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In the News (Sun 15 Nov 09)

  
  Tyson Foods Sees Higher Meat Prices   (Site not responding. Last check: 2007-10-09)
Tyson Foods Inc., the world's largest meat processor, warned Monday that rising corn prices could mean U.S. consumers will have to pay more for chicken, beef and pork next year as it ended its fiscal year with a third straight quarterly loss.
Tyson is pursuing joint ventures in South America and China and creating a renewable energy division to generate new revenue sources, it said in a statement.
Tyson said the loss for the quarter ended Sept. 30 was $56 million, or 17 cents per share, compared with a profit of $117 million, or 33 cents per share, during the same period a year earlier.
www.austin360.com /money/content/shared-gen/ap/Finance_General/Earns_Tyson_Foods.html   (945 words)

  
 Plaintiffs, v. TYSON FOODS, INC. a Corporation
Tyson perpetrates the Illegal Immigrant Hiring Scheme through a complex and highly disciplined network of recruiters and temporary employment agencies, which obtain illegal immigrants, and perform additional services to facilitate their illegal employment by Tyson including transporting them to the U.S., obtaining housing in the U.S., and manufacturing and/or falsifying identification documents.
Tyson instructs its recruiters and temporary employment services to coach illegal immigrant workers to: (i) deny, if asked, that they have been smuggled into the U.S.; and (ii) credibly present verification documents to Tyson which both the recruiters and Tyson know are falsified, all in an elaborate scheme to hide the illegal employment activity.
Tyson could not successfully conduct the Illegal Immigrant Hiring Scheme without this enterprise, and its success in executing the Scheme for several years is the result of the discipline and single-mindedness it brings to this disparate group scattered throughout the country.
www.vdare.com /misc/tyson_complaint.htm   (1962 words)

  
 US Poultry Giant Tyson Foods Under Fire After Segregation Scandal is Revealed
Tyson Foods is accused by 13 workers of maintaining a segregated system in a break area at one of its plants in Ashland, Alabama, that was "reminiscent of the Jim Crow era".
Tyson Foods is based in Arkansas and operates 123 processing plants throughout the US.
Tyson Foods was one of several meat-packing companies highlighted by a report earlier this year by Human Rights Watch, which said jobs in the meat industry were among the most dangerous in the US.
www.organicconsumers.org /Politics/TysonScandal091805.cfm   (826 words)

  
 Tyson Foods - Wikipedia, the free encyclopedia
Tyson Foods, Inc. NYSE: TSN is an American multinational corporation based in Springdale, Arkansas, that operates in the food industry.
Tyson Foods has approximately 114,000 employees, who work at more than 300 facilities in the United States and throughout the world.
Current members of the board of directors of Tyson Foods are: Richard Bond, Lloyd Hackley, Scott T. Ford, Jim Kever, Jo Ann Smith, Leland Tollett, Barbara Tyson, Don Tyson, John Tyson, and Albert Zapanta.
en.wikipedia.org /wiki/Tyson_Foods   (488 words)

  
 Responsible Shopper Profile: Tyson Foods
Tyson refuses to acknowledge the prevalence and crippling effects of job-related repetitive motion injury by refusing to cover medical treatment and terminating employees who are hurt on the job and can no longer fill quotas.
Tyson is involved in at least six lawsuits over allegations that it doesn't pay its workers for the time it takes to get ready for and after their shifts.
Tyson Foods is among the companies that together have paid millions of dollars to settle federal government allegations that they had violated U.S. trade embargoes against rogue nations.
www.coopamerica.org /programs/rs/profile.cfm?id=301   (1771 words)

  
 UFCW | Irresponsible Tyson Index
Tyson is also currently facing a national wage and hour lawsuit brought by a group of Alabama workers for failure to pay overtime wages.
Tyson Foods was forced to pay $1.5 million US in fines, while Don Tyson was ordered to pay a $700,000 US penalty.
Tyson's Henderson, Ky, complex was slapped by Kentucky OSHA with a record-breaking $269,000 in fines from citations for 73 serious health and safety violations.
www.ufcw.org /tyson/history_of_tyson_greed/index.cfm   (664 words)

  
 Wall Street Journal | Tyson Foods
Tyson was on probation for an earlier 1998 case of influence-peddling allegations that was settled out of court.
Tyson filed the papers in response to a government request for a hearing to determine if they violated their probation.
Tyson has made claims that the trial set for early 2003 won't show conspiring by the company, rather show that the government spent three years working undercover to bring in about 50 undocumented workers into Tyson plants.
oak.cats.ohiou.edu /~ba221400/esp/wsj.htm   (2339 words)

  
 UFCW | Tyson Foods: Overview
Tyson Foods is facing a national wage and hour lawsuit that charges the poultry giant with violating federal overtime provisions.
Tyson was fined by $139,500 by Kentucky OSHA for confined space violations in the Robards plant and $22,000 by Maryland OSHA for violation of the lock-out standard at the Berlin facility.
In February, 2000, Tyson's Henderson, Kentucky complex was slapped by Kentucky OSHA with a record-breaking $269,000 in fines from citations for 73 serious health and safety violations.
www.ufcw.org /press_room/fact_sheets_and_backgrounder/factsontysons.cfm   (590 words)

  
 USATODAY.com - Tyson Foods cuts its earnings outlook   (Site not responding. Last check: 2007-10-09)
Global fears about avian flu are dramatically undercutting Tyson Foods' (TSN) exports, the world's largest meat supplier said Monday in a warning to Wall Street that it expects to post a second-quarter loss and is reducing its 2006 earnings guidance by up to 47% below its previous lowest expectations.
Tyson's disclosure came as Iraq's Health Ministry preliminarily identified that country's first human death from avian flu and said it was investigating two other cases, including another death, near the country's border with Turkey.
Tyson, with $2.1 billion in annual exports — 8% of its sales — and markets in 80 countries, previously had been grappling with consumer fears and closed export markets in Asia due to concerns about mad cow disease.
www.usatoday.com /money/companies/earnings/2006-01-30-tyson-usat_x.htm   (508 words)

  
 Tyson Today
Tyson Foods, Inc. [NYSE: TSN], founded in 1935 with headquarters in Springdale, Arkansas, is the world's largest processor and marketer of chicken, beef, and pork, the second-largest food company in the Fortune 500 and a member of the SandP 500.
Tyson is the recognized market leader in the retail and foodservice markets it serves, providing products and service to customers throughout the United States and more than 80 countries.
Sustainability is an important part of the culture at Tyson Foods, and we take very seriously the company's responsibilities to customers, shareholders, Team Members, and the communities where we live and work.
www.tysonfoodsinc.com /corporate/joinus/careers.asp   (327 words)

  
 SEC Sues Tyson Foods and Former Chairman Don Tyson for Misleading Disclosure of Perquisites
The SEC charged that in proxy statements filed with the Commission from 1997 to 2003, Tyson Foods made misleading disclosures of perquisites and personal benefits provided to Don Tyson both prior to and after his retirement as senior chairman in October 2001.
The SEC's Order finds that while Don Tyson was employed as senior chairman from 1997 to 2001, the company provided approximately $3 million of perquisites and personal benefits to him, his wife, his daughters and three individuals with whom he had close personal relationships.
The SEC also finds and alleges that due to internal control failures at Tyson Foods throughout most of 1997 to 2003, many of the perquisites described above (totaling approximately $1.5 million) were neither raised with nor authorized by the company's compensation committee or its board of directors.
www.sec.gov /news/press/2005-68.htm   (1108 words)

  
 Tyson Foods posts second-quarter loss, meets forecasts - USATODAY.com   (Site not responding. Last check: 2007-10-09)
SPRINGDALE, Ark. (AP) — Tyson Foods (TSN), the world's largest meat processor, said Monday it lost $127 million in its second quarter, citing oversupply in its beef, chicken and pork operations and charges for previously disclosed plant closings.
Tyson said beef was affected by high prices for live cattle, export disruptions, falling prices for boxed beef and underuse of capacity at processing plants.
Tyson said the company's chicken segment was relatively strong, in part fueled by processed foods.
www.usatoday.com /money/companies/earnings/2006-05-01-tyson_x.htm?POE=MONISVA   (366 words)

  
 Tyson Foods Victorious in IBP Bidding War Now Nation's No.1 Beef, Poultry Processor Agribusiness Examiner N.101 11jan01
Tyson shareholders, however, are wary of management's expectation of a 15% earnings increase, primarily because of the increased debt being taken on.
Tyson is infamous for engineering the industrialization of the poultry sector and egregious contracting practices with farmers.
Archie Schaffer III, the chief spokesman for Tyson Foods, the nation's largest poultry producer, was convicted by a jury under a 1907 law of trying to influence agricultural policy by arranging for former USDA Secretary Mike Espy to attend a Tyson birthday party in Arkansas in 1993.
www.mindfully.org /Industry/Tyson-Foods-Victorious-IBP.htm   (5319 words)

  
 RedOrbit - Science - Tyson Foods Plans to Close Two Iowa Plants   (Site not responding. Last check: 2007-10-09)
Tyson Foods announced today it is closing the former Iowa Ham meat-processing operations in those cities, idling about 300 workers in Independence and another 90 to 100 in Oelwein.
With a plant closing of this size, Tyson is required to give the state 60 days' notice before the plant's final date, under the federal Worker Adjustment and Retraining Notification Act of 1988, also known as the "Warn Act." Once the state receives the notice, preparations for a rapid response team will be made.
Tyson announced the closings concurrent with plans to reinvest in, and move production to, operations in Cherokee, as well as plants in Concordia, Mo., and Buffalo, N.Y. Tyson will spend $30 million to add bacon production at Cherokee, and ham operations there are being moved to Concordia and Buffalo.
www.redorbit.com /news/science/356699/tyson_foods_plans_to_close_two_iowa_plants/index.html?source=r_science'   (904 words)

  
 04/10/02 - Illegals’ Employers Meet RICO Doomsday Machine
Tyson Foods, and IBP, a subsidiary of Tyson, are being sued by Foster on behalf of
Tyson is vulnerable because it has already been indicted by the U.S. Department of Justice for conspiracy to hire illegals in its Shelbyville, Tennessee plant.
Of course, Tyson Foods, which apparently paid their fare from Mexico, could be required to pay their fare going the other way, if they were willing to go.
www.vdare.com /fulford/lawsuit.htm   (816 words)

  
 Oligopoly Watch
The biggest merger ever in the ever-concentratiing meat packing business took place in 2001, with the acquisition by Tyson Foods of IBP Inc. Tyson was (and is) the world's largest producer of chicken meat.
While Tyson is a public company, 80% of the voting stock is held by one man, Don Tyson, the son of the founder.
Tyson is deeply involved in animal husbandry as well.
www.oligopolywatch.com /2004/02/28.html   (598 words)

  
 Tyson Foods
Don Tyson left his agricultural studies at the University of Arkansas to join his father’s battle against a vulnerable and fluctuating market.
Tyson solidified its position as the world’s largest poultry producer by merging with long-time competitor Hudson Foods.
Tyson Foods celebrates its 65th anniversary with family gatherings across the country.
journals.aol.com /virginiamyhouse/MYDAILYNEWSANDVIEWS/entries/2005/07/03/tyson-foods/635   (791 words)

  
 The Morning News: Business : Tyson Foods Hires Financial Officer
Springdale-based Tyson Foods ended its 21-month global search for the company's top financial post on Friday when it announced Wade D. Miquelon as its new chief financial officer and executive vice president.
Tyson is a great company with strong core values and solid leadership," Miquelon said in a statement.
Miquelon will report directly to Tyson Foods Chairman and CEO John Tyson and have responsibility for Tyson Foods' worldwide finance and accounting functions.
www.nwaonline.net /articles/2006/04/15/business/01tysonfoods.txt   (505 words)

  
 [No title]
Tyson initiated a review process to assess the adequacy of tax liabilities recorded for basis differences and for all of its tax account balances, not just those related to its lease agreements.
Prepared Foods segment sales decreased 5.0% and 5.9% in the third quarter and nine months of fiscal 2006, as compared to the same periods last year.
Tyson Foods, Inc., founded in 1935 with headquarters in Springdale, Arkansas, is the world's largest processor and marketer of chicken, beef and pork and the second-largest food company in the Fortune 500 and a member of the S&P 500.
ir.tyson.com /phoenix.zhtml?c=65476&p=irol-newsArticle&ID=889533&highlight=   (1790 words)

  
 Tyson Foods indicted - Dec. 19, 2001
NEW YORK (CNN/Money) - The U.S. Department of Justice indicted Tyson Foods Inc. and six of its employees on a charge of conspiracy to smuggle illegal immigrants into the United States to work at its poultry plants.
Tyson previously encountered legal problems when top executives at the firm were accused of providing illegal gratuities to former U.S. Agriculture Secretary Mike Espy and to Espy's girlfriend.
Tyson agreed to pay a $6 million fine in 1998 to settle allegations that it provided thousands of dollars in gifts, including football tickets, plane fares and limousine rentals, to Espy while he was office in the Clinton administration.
money.cnn.com /2001/12/19/companies/tyson   (423 words)

  
 Tyson Foods Resolves Alabama Employment Case
Tyson officials contend they did not authorize, condone or see the posting of such a sign and noted the company does not tolerate discrimination in the workplace.
Tyson will designate a corporate human resources executive to ensure all Ashland Team Members are trained on Tyson's anti-discrimination policies and procedures and to handle the company's response to any discrimination or harassment complaints.
Tyson Foods is represented by Akin Gump Strauss Hauer and Feld LLP of Washington, D.C., and Maynard Cooper and Gale, P.C. of Birmingham, Alabama.
www.primezone.com /newsroom/news.html?d=108289   (677 words)

  
 Tyson Foods names Bond new CEO, president - Boston.com
Tyson Foods Inc. on Friday named Richard L. Bond as its new president and chief executive officer.
In 2001, Tyson merged with meatpacking giant IBP Inc. of Dakota Dunes, S.D., a move led by John Tyson.
"The new Tyson Foods is almost five years old now,and Dick has earned the opportunity to serve as our new chief executive," John Tyson said.
www.boston.com /business/articles/2006/05/19/tyson_foods_names_bond_new_ceo_president   (223 words)

  
 Daily Blog: Ugly Tyson Foods
As the UFCW reports, "Approximately 2,300 workers were forced on strike by Tyson Foods at the company’s Lakeside Packers plant in Brooks, Alberta, on Wednesday, October 12.
One of the forgotten roles Tyson Foods played is as a patron to the Clintons: It was James Blair, the chief outside counsel for Tyson Foods, who oversaw the commodities trades for Hillary Clinton when she invested about $1,000 and in just 10 months cleared an astonishing $100,000.
Tyson Foods complains of a lack of employee loyalty.
workinglife.typepad.com /daily_blog/2005/10/ugly_tyson_food.html   (2124 words)

  
 DIRELAND: GOD AND CHICKENS: Tyson Foods Sells Religion to Cover Up Its Dirty Doings
Tyson is distributing "mealtime prayer booklets" for a variety of faiths all over the world.
Rights Watch, condemned Tyson for violating the basic human rights of its workers by allowing unsafe working conditions at many of its production facilities and using illegal means to stop their joining unions: Tyson workers "contend with conditions, vulnerabilities, and abuses which violate human rights," said the January, 2005 HRW report.
And the Tyson family are a bunch of crooks who enrich themselves on the backs of their exploited employees.
direland.typepad.com /direland/2005/12/tyson_foods_sel.html   (1678 words)

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