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Company News for May 09, 2017

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•    Shares of Tyson Foods, Inc. (TSN - Free Report) declined 6.1% after the company reported second-quarter 2017 adjusted earnings of $1.01 per share, missing the Zacks Consensus Estimate of $1.06

•    ON Semiconductor Corporation’s (ON - Free Report) shares advanced 0.1% after the company reported first quarter 2017 revenues of $1,281.6 million, up about 57% compared to the same quarter last year

•    Shares of Kate Spade & Co gained 8.3% after Coach agreed to purchase Kate Spade for about $2.4 billion

•    Sinclair Broadcast Group Inc’s shares (SBGI - Free Report) fell 2.2% after the company entered into a deal to purchase Tribune Media Co. for about $4 billion  

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