In the spotlight: Tyson in buoyant mood
By: Katy Askew | 24 November 2009
For a company that was posting spiralling losses, Tyson Foods was surprisingly upbeat during the group's conference call with analysts. With a solid performance from three of its four major business units, management had cause for optimism. The question, then, is whether Tyson can turnaround the fortunes of its troubled chicken segment. Incoming CEO Donnie Smith certainly thinks so. Katy Humphries reports.
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For a company that was posting spiralling losses, Tyson Foods was surprisingly upbeat during the group's conference call with analysts. With a solid performance from three of its four major business units, management had cause for optimism. The question, then, is whether Tyson can turnaround the fortunes of its troubled chicken segment. Incoming CEO Donnie Smith certainly thinks so. Katy Humphries reports.
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