Daily Business News
Monday, November 13, 2006
  Tyson Foods posts third straight quarterly loss (Reuters)

Tyson Foods Chairman John Tyson at the Reuters Food Summit in Chicago March 16 2005. The top meat producer posted its third consecutive quarterly loss on Monday due in part to poor results in its beef pork and chicken units. (Frank Polich/Reuters)Reuters - Top U.S. meat producer Tyson Foods Inc. posted its third consecutive quarterly loss on Monday hurt by an oversupply of beef pork and chicken and one-time charges but it forecast a return to profitability in the current quarter.


 
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