TSN / Davis Commodities IPO downsized

Tyson, a major US producer of beef, pork and chicken, is betting on protein that comes from insects. more_horizontal

Tyson Foods (TSN) to acquire a minority stake in Protix through a direct equity investment. It will also form a joint venture with the latter to const more_horizontal

Tyson Foods (NYSE:TSN), one of the US's largest meat processing companies, is to invest in Protix International a specialist in insect ingredients. Th more_horizontal

Tyson Foods Inc. TSN, +1.83% said Tuesday it is planning to acquire a minority stake in Protix, a Dutch company that's a leader in insect ingredients, more_horizontal

In the closing of the recent trading day, Tyson Foods (TSN) stood at $46.52, denoting a -1.25% change from the preceding trading day. more_horizontal

Tyson Foods is rated Hold/Neutral today. Strengths: dividends, capital & liquidity, share price vs. moving average. Offsetting factors: valuation, YoY more_horizontal

The Justice Department has filed a civil antitrust lawsuit against meat data provider Agri Stats, charging it with organizing and managing anticompeti more_horizontal

Two companies, Perdue Farms and Tyson Foods, are seeing scrutiny from the Department of Labor, something first reported by the New York Times. more_horizontal