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Tyson 1st-quarter profit down 48%

By Laurie Whalen

Posted: February 4, 2012 at 3:33 a.m.

Ryan McGeeney
 Tyson Foods Inc. Chief Operating Officer Jim Lochner, at the annual shareholders meeting Friday at the Holiday Inn Convention Center in Springdale, said overpriced cattle hurt the company’s quarterly revenue.

Tyson Foods Inc. of Springdale saw its first-quarter profit fall, saying a “rough patch” in the beef sector contributed to the weakness in the October-through-December period.

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Business, Pages 29 on 02/04/2012

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