Tyson Foods; Radio Shack; Verizon

Tyson Foods, worlds #1 meat processor, swung to a Q2 loss of $5 million vs profit of $68 million, a year ago.

Revenue +1.7%, as pork profits rose, while beef & chicken fell. Feed grains make up half of the costs of raising a chicken.

Tyson expects ingredient costs to be $1 billion higher this fiscal year than a year ago.

Food companies have been jacking up prices, shutting down factories, cutting jobs and shedding less profitable brands.

RadioShack, #3 US consumer electronics retailer,

posted a lower Q1 profit -9.5% as sales fell for the 7th straight quarter -4.4% with same store sales declining 4%.

Verizon, #2 U.S. phone company, said Q1 profit jumped 9.8% as mobile-phone customers spent more on text messages and wireless Internet browsing.

Sales +5.5% as Verizon is gaining more mobile subscribers as customers switch from home-phone lines to

wireless devices exclusively or to voice plans offered by cable television companies.

Verizon added 1.5 million mobile users last quarter, while land lines fell 920,000.

Reporting later today, Fujitsu, MasterCard, Visa