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Tyson misses on Q1, warns on '06
The world's No. 1 meat processor fell 7% to 14.27, a 52-week closing low, after it missed Q1 views by a nickel and slashed its Q2 and '06 forecasts. Tyson Foods earned 11 cents on sales of $6.45 bil in Q1, both flat vs. a year earlier. The firm blamed falling pork and beef sales for "significant operating losses."
Eastman Kodak Q4 earnings fell 35% to 51 cents a share ex items, beating views by 12 cents. Including charges, the company lost 18 cents a share. Sales rose 12% to $4.2 bil. …