Tyson Foods net Profit Rises

U.S. meat processor Tyson Foods Inc reported higher earnings for the fourth quarter on Monday, as lower costs to buy cattle feed boosted profit margins in its beef and chicken businesses.

Net income attributable to Tyson rose to $394 million or $1.07 per share in the quarter ended Sept. 30, from $391 million or $1.03 per share, a year earlier. The Springdale, Arkansas-based company's net revenue rose to $10.15 billion from $9.16 billion last year.