On Thursday, November 19th Moody’s Investor Services held a Leveraged
Finance teleconference to discuss the U
On Tuesday, February 9,
2010, Moody's Investors Service held a teleconference to provide and update on
the U.S. Food Industry Outlook.
The discussion was led
by:
Chris Padgett, Senior Vice President
Brian Weddington, CFA, Vice
President/Senior Analyst
The
topics of the discussion included:
· Protein
and Agriculture Industry Outlook revised to Stable from Negative
- Protein and Ag producers poised for improving
profitability in 2010
· Packaged
Food Industry Outlook remains Stable
-
Improvement in fundamentals will be
modest and back-ended
-
Heavy promotional spending will fall
short of goals; could lead to price wars
Please go to the “MATERIALS” section to access related research and the replay
of the call.
For questions regarding this event
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