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Hillshire to be Bought by Tyson's, Hertz's Hurts, Jim Cramer Takes Flight

Jonathan Marino
6/09/14 7:21 AM EDT
Hertz has been hurting, and things could get worse before the bell today. After missing earnings two out of the last three quarters, the company warned last week it would likely miss analyst estimates of nine cents a share. The stock plummeted on news last week it would have to restate years of earnings and when it reports quarterly results before the bell today things could get even worse. But there is good news... for Hillshire Brands investors. Tyson's Foods topped Pilgrim's Pride with a $63 a share bid to win the auction for Hillshire, according to reports late yesterday. Finally, Jim Cramer's got a stock he says could take flight... on big aerospace news.
Stock quotes in this video: HSH, HTZ, BA, WFM, TSN, PGM

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