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Firm loses money in Q4

By Danny Johnston  |  2009-11-24  |     NEWSPAPER EDITION


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A Tyson Foods Inc truck is parked at a food warehouse in Little Rock, Arkansas, in the United States. Tyson Foods, the world's largest meat producer, yesterday said it lost money in its fiscal fourth quarter primarily on a hefty goodwill impairment charge. The company lost US$455 million, or US$1.22 per share, in the quarter ended on October 3, compared with a profit of US$48 million, or 13 cents per share, a year ago.


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