Inside these posts: Meat company

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Tyson puts up some beefy profit numbers

Meat producer Tyson Foods Inc. reported a higher-than-expected quarterly profit, but shares fell 4 percent on doubts the results can be sustained and that chicken prices may fall.

Tyson’s beef unit had a 5.6 percent profit margin versus 2.4 percent a year ago, while pork margins rose to 10 percent from 3 percent, helped by price increases because of a constricted meat supply. Get the full story »