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: Stock Market, NYSE Euronext, Inc., Russia, Quarterly or Semiannual Financial Statements, Smithfield
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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: The Wall Street Journal, U.S. Senate, Bunge Ltd., Food Industry, The Washington Post
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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: U.S. Securities and Exchange Commission, Insider Trading, Washington, DC, Smithfield
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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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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: Vehicles, NYSE Euronext, Inc., Morgan Stanley Dean Witter & Company, Goodyear Tire & Rubber Co., Kuwait
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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: Computing and Information Technology Industry, Television Industry, Media Industry, Mutual Funds, India
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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: Jay Nixon, Political Fundraising, Crime, Law and Justice, Arable Farming, Lawyers
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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: Brazil, Economy, Business and Finance, Italy, Argentina, Australia
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DATOS-Adquisiciones de la empresa brasileña de carnes JBS
Reuters10 jun (Reuters) - La brasileña JBS, el mayor productor de carnes del mundo, dijo el lunes que asumirá el control de la unidad de aves y cerdos de su rival Marfrig Alimentos SA al asumir 2.750 millones de dólares en deudas. Luego de una agresiva...Tags: Rockdale (Delaware, Pennsylvania), Smithfield
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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: The Wall Street Journal, Bunge Ltd., Food Industry, The Washington Post, Smithfield
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If you're going on my plate, I don't want to know your name
I have been able to buy eggs and cheese at my farmers market for a couple of summers now, in addition to the herbs, flowers, breads, fruits and vegetables. But I can buy meat now, too. The vendors sit behind a cash box on a table with a cooler next to...
Tags: Foods and Beverages, Steaks, Lifestyle and Leisure, China
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Senator raises food safety concerns over Smithfield, Shuanghui deal
ReutersSen. Debbie Stabenow, D-Mich., has raised concerns about the food safety implications of the proposed purchase of Smithfield Foods by China's Shuanghui International. The head of the Senate Agriculture Committee said in a statement Wednesday that the...Tags: Food Industry, Smithfield, China
Jun 14, 2013
|Story| Reuters
Jun 14, 2013
|Story| Aberdeen News
Jun 14, 2013
|Story| Aberdeen News
Jun 14, 2013
|Story| Chicago Tribune
Jun 12, 2013
|Story| Reuters
Jun 11, 2013
|Story| Reuters
Jun 10, 2013
|Story| Reuters
Jun 10, 2013
|Story| Reuters
Jun 10, 2013
|Story| Reuters
Jun 8, 2013
|Story| Aberdeen News
Jun 3, 2013
|Column| Baltimore Sun
Jun 5, 2013
|Story| Reuters
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