Wednesday | The US Market Blog
Weak-Liquidity Junk Bond Issuers Reach Record Levels
Further signs that the liquidity crunch is spreading beyond housing and financial companies can be found in a new report from Moody's. The number of junk bond issuers with Moody's weakest liquidity rating hit a ...
Shares of leading US meat companies advanced overnight due to lower corn prices, as the corn crop may not be as bad as previously feared, and to lower crude oil prices, analysts said.
Weekly Top Insider Buys: Stericycle Inc., NuStar Energy L.P.,...
GuruFocus News Filed Under: SRCL , NS , SFD , HBHC , CMGI , Filed Under: SRCL , NS , SFD , HBHC , CMGI , Filed Under: SRCL , NS , SFD , HBHC , CMGI , Filed Under: SRCL , NS , SFD , HBHC , CMGI , Filed Under: ...
Analysts: Smithfield will bounce back from stock slump
Stock additions At least four of Smithfield Foods Inc.'s directors recently took the "buy low" adage to heart, increasing their holdings in the pork company, Smithfield announced this week.
Smithfield directors buy more shares
The company's stock has hit five-year lows, spurring a few insiders to purchase shares on the open market.
NC hog farmers could rebuild under old rules
North Carolina hog farmers could rebuild after a natural disaster or change operations without having to follow decade-old distance requirements from homes or schools in legislation approved Tuesday by a Senate ...
Catch a glimpse of Paula Deen in Smithfield
Fans of Paula Deen can catch a glimpse of the maven of southern cooking this week on Smithfield 's historic Main Street.
JBS Swift's beef buy bad deal for America
When Wesley Batista, the North American boss of Brazilian meatpacker JBS Swift, testified before a U.S. Senate subcommittee probing his firm's pending buyout of National Beef Packing and Smithfield Foods beef ...
Smithfield to sell joint venture to Campofrio
Top Local Headlines A northwest Iowa man, who's behind bars for sexually abusing a Le Mars, Iowa, woman when she was a teen, will go free.
Debt plan doesn't help Smithfield Foods
Shares in Smithfield Foods Inc Tuesday fell to their lowest level in about five years after the U.S. pork producer announced several moves that should help it pay down debt.
Smithfield Foods: Half-Off Sale Presents Buy Opportunity
Smithfield Foods has seen its shares trimmed nearly 50% in just the past four weeks.
Food for thought at Smithfield...
July 3, 2008 at 9:52 am by Michelle Leder Food for thought at Smithfield As we head into the Fourth of July holiday and what will no doubt be a weekend full of BBQs, I can't seem to get a number that I saw in ...
WSJ:Largest U.S. pork processor to sell 5% stake to Chinese firm
Smithfield Foods Inc., the largest pork processor in the United States, will sell a 5-percent stake to China's COFCO Limited, The Wall Street Journal reported Wednesday.
Spicy Times Ahead for Food Stocks
In last week's fourth-quarter earnings report, General Mills reported a 13.4% increase in net sales, with pricing and product mix contributing 8 points toward revenue growth.
Worker at N.C. farm faces charges of animal cruelty
A North Carolina worker at a farm that supplies hog meat to Smithfield Foods Inc.
Smithfield plans stock, debt deals; shares extend slide
Smithfield Foods Inc. shares sank more than 13% Tuesday after the hog producer announced deals to boost working capital.
China's COFCO to buy 7 million shares in Smithfield
SMITHFIELD, VA. Smithfield Foods Inc. has entered into an agreement with COFCO Limited, China 's largest national agricultural trading and processing company, for the sale of 7,000,000 shares, or 4.95% of ...
People for the Ethical Treatment of A...
Cruelty Charges Filed Against Pig-Farm Worker
You might remember when we broke the news back in December about our undercover investigation at a pig farm in Garland, North Carolina, owned by Murphy Family Ventures, which supplies pig meat to Smithfield ...
Movers & Shakers: Tuesday's biggest gaining and declining stocks
Among the companies whose shares are expected to see active trade in Tuesday's session are the auto makers, Anheuser-Busch, Dollar Thrifty, Fortune Brands, Smithfield Foods and UBS.
Smithfield Foods to Offer $350 Million Convertible Senior Notes Due 2013
In connection with the offering, Smithfield intends to grant the underwriters a 30-day option to purchase up to $50 million aggregate principal amount of additional convertible notes solely to cover ...