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Tyson Foods Inc. (TSN) Has Jumped To A 10-Month High After Guidance Increase

Tyson Foods Inc. (TSN) announced after the bell Thursday that it now expects to report full year adjusted EPS of $5.20 to $5.30, up from prior expectations of $4.95 to $5.05.

The company also announced plans to reduce its workforce by approximately 450 positions.

Tyson Foods has gapped open sharply higher Friday morning and is now up 3.85 at $$69.30. The stock has jumped to a 10-month high.

by RTT Staff Writer

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