UPDATE: Tyson Posts Rise In Q2 Profit

Tyson Foods TSN reported a rise in its second-quarter profit. Tyson's quarterly profit surged to $213 million, or $0.60 per share, versus a year-ago profit of $95 million, or $0.26 per share. Its adjusted earnings gained to $0.60 per share from $0.36 per share. Its revenue jumped to $9.03 billion versus $8.38 billion. However, analysts were projecting earnings of $0.63 per share on revenue of $8.79 billion. Tyson projects 2014 sales of $37 billion. The company's chicken sales jumped around 4% to $2.84 billion. Tyson shares rose 0.57% to close at $42.65 on Friday.