$TSN 3Q15 Call: In the third quarter, Prepared foods produced record adjusted operating income of $197MM with an adjusted 10.9% return on sales. Volume was up 77% reflecting the addition of Hillshire Brands, an average sales price was up 13%.
$T said it will continue to invest in fiber deployment as much as, if not, more than anybody's investing right now. The company now markets fiber to 4.6MM locations across 52 metro areas. The company expects to add 2MM fiber locations in 2017 to reach 6MM by the end of the year.
$CMP announced that its CFO Patrick Dough Linehan has resigned due to personal circumstances, effective immediately. The departure of Linehan does not involve disputes with the company. While the process to identify a permanent CFO begins the company has named James 'Jamie' Standen, VP finance and treasurer, as the interim CFO and treasurer.