Highlights
A collection of news and information related to Smithfield Foods published by this site and its partners.
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Smithfield profit plunges on drop in exports
Reuters(Reuters) - Hog producer Smithfield Foods Inc , the subject of a $4.7 billion bid from China's Shuanghui International, posted a 63 percent fall in net profit as exports to China and Russia fell due issues related to a drug it uses to produce lean meat....Tags: Russia, China, Smithfield, Quarterly or Semiannual Financial Statements, Stock Market
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Top ten: Reasons to love China's purchase of Smithfield
There are dozens of reasons for American farmers and ranchers to be thrilled-nay, elated!-by Shuanghui International Holding Inc.'s proposed $4.7 billion purchase of Smithfield Foods, Inc., America's biggest pork chop. Here are 10. Number 10: The U.S....Tags: Bunge Ltd., China, Food Industry, Smithfield, Bloomberg L.P.
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Court freezes trader's assets in Smithfield case
WASHINGTON (AP) - A U.S. court has frozen the assets of Thailand trader accused of profiting from advance knowledge of a Chinese company's plan to acquire Smithfield Foods. The Securities and Exchange Commission has accused Badin Rungruangnavarat of...Tags: Insider Trading, U.S. Securities and Exchange Commission, Smithfield, Washington, DC
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The day ahead in business June 14
Reports: Producer price index for May, 7:30 a.m.; Current account balance for the first quarter, 7:30 a.m.; Industrial production/capacity utilization for May, 8:15 a.m.; Michigan consumer sentiment for June, 8:55 a.m. Earnings: Smithfield Foods Inc....
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Farming: Top reasons to love China's purchase of Smithfield
There are dozens of reasons for American farmers and ranchers to be thrilled — nay, elated! — by Shuanghui International Holding Inc.’s proposed $4.7 billion purchase of Smithfield Foods, Inc., America’s biggest pork chop. Here...Tags: Bunge Ltd., China, Food Industry, Smithfield, Bloomberg L.P.
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India's Apollo Tyres to buy Cooper Tire for $2.5 billion
Reuters(Reuters) - India's Apollo Tyres Ltd agreed to buy U.S.-based Cooper Tire & Rubber Co for about $2.5 billion in a deal that would make it the world's seventh-largest tire maker and reduce its dependence on a slowing Indian auto market. The acquisition of...Tags: Services and Shopping, China, Economy, Business and Finance, Land Rover, Bank of America Corp.
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Fund managers turn selective on emerging markets
ReutersNEW YORK (Reuters) - The investor love affair with emerging markets may be gone, but several money managers aren't completely abandoning the sector. Fund managers who viewed emerging markets as a single investment category now need to go through...Tags: Real Estate Buyers, Mutual Funds, Economy, Business and Finance, China, Emerging Market
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Wall St. slides as BOJ move rattles trading
ReutersNEW YORK (Reuters) - Stocks slid in a volatile session on Tuesday after Japan's central bank disappointed equity markets by holding its monetary policy steady. Major indexes fell more than 1 percent after the open but shaved most of the losses by midday,...Tags: National Security Agency, Ben Bernanke, Nikkei, Chicago Board Options Exchange Market Volatility Index, Financial Markets
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COLUMN - Obama and Xi's weekend getaway
Reuters(Zachary Karabell is a Reuters columnist but his opinions are his own.) By Zachary Karabell June 7 (Reuters) - This weekend, President Obama and China's new leader Xi Jinping will meet at a retreat outside of Los Angeles. The two men are scheduled to...Tags: Elections, Barack Obama, General Motors Corp., CNBC (tv network), Economy, Business and Finance
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Missouri legislation may help Chinese with Smithfield purchase
(Reuters) - Last-minute legislative maneuvers in Missouri may remove one potential legal obstacle to Shuanghui International Holdings' proposed $4.7 billion purchase of Smithfield Foods Inc, which would be China's largest purchase to date of a U.S....Tags: Elections, China, Government, Jay Nixon, Executive Branch
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FACTBOX-Acquisitions by Brazilian meatpacker JBS
ReutersJune 10 (Reuters) - Brazil's JBS, the world's biggest meat producer, said on Monday that it would take over the Seara Brasil pork and poultry unit of rival Marfrig Alimentos SA in a $2.75-billion, all-debt deal . This would be JBS's latest major...Tags: Mergers, Acquisitions and Takeovers, Australia, Italy, Economy, Business and Finance, Argentina
Jun 14, 2013
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Jun 14, 2013
|Story| Aberdeen News
Jun 14, 2013
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Jun 14, 2013
|Story| Chicago Tribune
Jun 8, 2013
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Jun 12, 2013
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Jun 11, 2013
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Jun 11, 2013
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Jun 7, 2013
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Jun 10, 2013
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Jun 10, 2013
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Jun 10, 2013
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