By Christopher Dinsmore, The Virginian-Pilot, Norfolk, Va. Knight Ridder/Tribune Business News Nov. 21--SMITHFIELD, Va.--Slowing economy? Hogwash. People are still eating pork, and Smithfield Foods Inc., the world's biggest hog farmer, announced second-quarter earnings Tuesday that exceeded analysts' average estimates...
By Michael Davis, The Virginian-Pilot, Norfolk, Va. Knight Ridder/Tribune Business News Aug. 1--For many consumers, the best condiment for a fast-food sandwich is apparently even more meat. And Smithfield Foods Inc. is more than happy to oblige. The...
ContiGroup Companies Inc. and Smithfield Foods Inc. have announced the successful completion of an agreement to form a 50/50 joint venture between their respective cattle feeding businesses ContiBeef and MF Cattle Feeding. The joint venture, called Five Rivers Ranch Cattle Feeding, is a stand-alone operating company, independent from both ContiGroup...
Business Editors/Legal Writers RICHMOND, Va.--BUSINESS WIRE Jan. 8, 2002 Quick Resolution Saves Smithfield Years of Litigation and Keeps Pork Competitive Separate but similar allegations by independent producers of cattle and hogs against the largest beef and pork producers, IBP, Inc. and Smithfield Foods, Inc. met...
CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Diamond Offshore Drilling, Inc. (NYSE: DO), Guess?, Inc. (NYSE: GES), McDermott International, Inc. (NYSE: MDR) and Smithfield Foods, Inc. (NYSE: SFD). View the entire list of stocks...
CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Activision, Inc. (NASDAQ:ATVI), Danaher Corporation (NYSE:DHR), Patterson-UTI Energy, Inc. (NASDAQ:PTEN) and Smithfield Foods, Inc. (NYSE:SFD). View the entire list of stocks on the All Star Analyst portfolio...
ContiBeef LLC and Smithfield Foods Inc. will merge their cattle feedlots under a joint venture that will become the largest U.S. cattle feeding business. Under the 50/50 deal, which should start operations by April 30, Smithfield's four feedlots and ContiBeef's six feedlots will be operated as a stand-alone company with...
CHICAGO -- Zacks.com just released its latest additions and deletions to its proprietary All Star Analyst portfolio. Members on this exclusive list include Diamond Offshore Drilling, Inc. (NYSE: DO), GlobalSantaFe (NYSE: GSF), Host Hotels & Resorts, Inc. (NYSE: HST) and Smithfield Foods, Inc. (NYSE: SFD). View the entire list of...
Consumer emphasis on high-protein and low-carbohydrate (low-carb) diets resulted in many packaged food firms reducing their revenue and earnings growth targets in 2004. Although protein producers such as Tyson Foods Inc. Tyson, Cargill Inc.'s Cargill Excel and Smithfield Foods Inc. Smithfield benefited, the packaged food companies have realized lower volume...
Wall Street News Alert's "stocks to watch" this morning are: American Food Holdings, Inc. (PINKSHEETS: AFHN), United Natural Foods Inc. (NASDAQ: UNFI), Dean Foods Company (NYSE: DF) and Smithfield Foods, Inc. (NYSE: SFD). Supplying products to more than 300 distributors across the US, American Food Holdings, Inc. (PINKSHEETS: AFHN)...
Food service giant Compass Group North America announced with partners Environmental Defense and Smithfield Foods Inc. a first-of-its-kind purchasing policy prohibiting the purchase of pork in which antibiotics that belong to classes of compounds approved for use in human medicine have been used for growth promotion purposes. It also requires...
FLANKED BY REPRESENTATIVES of statewide environmental groups, agricultural leaders and North Carolina State University NCSU Chancellor Marye Anne Fox, North Carolina Attorney General Mike Easley in August announced what he called "a major agreement" between his office and Smithfield Foods, Inc., that will "set the stage...