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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, Russia, China, Quarterly or Semiannual Financial Statements, 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: Steaks, Lifestyle and Leisure, Foods and Beverages, China
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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: Food Industry, The Wall Street Journal, Bunge Ltd., U.S. Senate, 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: Washington, DC, Smithfield, Insider Trading, U.S. Securities and Exchange Commission
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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: Companies and Corporations, Jaguar, Deutsche Bank AG, Car Tires, China
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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: Television Industry, Computing and Information Technology Industry, S&P 500, Satellite and Cable Service, 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, China, Smithfield
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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: Politics, Lawyers, Government, China, Laws
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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: Companies and Corporations, Mergers, Acquisitions and Takeovers, Economy, Business and Finance, Australia, Smithfield
Jun 14, 2013
|Story| Reuters
Jun 3, 2013
|Column| Baltimore Sun
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 11, 2013
|Story| Reuters
Jun 5, 2013
|Story| Reuters
Jun 10, 2013
|Story| Reuters
Jun 10, 2013
|Story| Reuters
Jun 10, 2013
|Story| Reuters
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