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BUSINESS BRIEFS/IN BRIEF.(TO THE POINT)

Investor's Business Daily

| February 01, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

FOOD

Tyson misses as profit falls 66%

The meat giant earned 11 cents a share ex items, missing views by 14 cents, hurt by costs associated with mad cow disease and low pork prices. Sales were flat from the year-ago period at $6.5 bil. Tyson Foods forecast earning $1.05-$1.30 a share in '05, in line with views of $1.28, and expects its bottom line to turn around in the 2nd half of the year. Shares fell 3.5% to 17.17.

** Kellogg, the world's largest cereal maker, earned 45 cents a share ex items in Q4, down 2% from a year ago but matching views. Sales rose 12% to $2.39 bil, boosted by ...

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