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Major Movers on May 6; TSN, MBI, RENN, MINI, CMLP, NRGY

Tyson Foods Inc. (NYSE: TSN) tumbled after the meat and food processing company reported more-than-feared fall in fiscal second quarter profit on Monday as margins on Chickens contracted further due to soaring feed costs caused by last year’s severe drought. For the recently concluded quarter, Tyson Foods reported net income of $106 million or 26 [...]

May 6th, 2013 | Tags: , , , , , | Category: Large Cap Growth Stocks | Leave a comment
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Inergy L.P. and Crestwood Midstream Enter Merger Deal (NRGY)

Shares of Inergy L.P. (NYSE: NRGY) soared on Monday after the marketer and distributor of propane announced that it has agreed to merge its business with Crestwood Midstream Partners L.P. in a cash and stock deal.

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May 6th, 2013 | Tags: | Category: Large Cap Growth Stocks | Leave a comment

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