BNET Industries
Smithfield Foods Inc. (SFD) is in the Food Industry
- Revenue
- Apr 27 2008
- $11.3B
- Profit
- Apr 27 2008
- $128.9M
- Market Cap
- Nov 28 2008
- $963.0M
Latest News and Analysis
Smithfield Foods Inc. will pay $575 million to acquire substantially all of the assets
Smithfield Foods Inc. will pay $575 million to acquire substantially all of the assets of the branded meats business of ConAgra Foods Inc.
ConAgra to Sell Meats Businesses to Smithfield
ConAgra has found a buyer for its refrigerated meats business. The Omaha. Neb.-based company said on July 31 that Smithfield Foods Inc. of Virginia will buy all assets of the business, which includes three plants in Arkansas, in a $575 million deal.ConAgra's three refrigerated meats plants are in Huntsville. Ozark...
Smithfield Foods Inc., the world's largest hog producer and pork processor, says it has agreed to acquire most assets of the branded meats business of ConAgra Foods Inc. for about $575 million in cash and stock
Smithfield Foods Inc., the world's largest hog producer and pork processor, says it has agreed to acquire most assets of the branded meats business of ConAgra Foods Inc. for about $575 million in cash and stock. Brands being acquired include Armour, Butterball, Eckrich, Margherita, Longmont and LunchMakers, which are marketed...
Smithfield Foods, Inc. announced that it has signed a definitive agreement to acquire substantially all of the assets of the Cook's ham business of ConAgra Foods Packaged Foods Company, Inc. from ConAgra Foods, Inc
Smithfield Foods, Inc. announced that it has signed a definitive agreement to acquire substantially all of the assets of the Cook's ham business of ConAgra Foods Packaged Foods Company, Inc. from ConAgra Foods, Inc. Cook's, based in Lincoln, NE, is a producer of traditional and spiral sliced smoked bone-in hams,...
Additional Resources
Smithfield Foods to Host Second Quarter Conference Call December 4
SMITHFIELD, Va., Nov. 18 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. will announce its fiscal 2009 second quarter earnings on Thursday, December 4 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Standard Time, Thursday, December 4. To listen via telephone, call (800) 230-1074....
McDonald's honors Smithfield Foods
OAK BROOK, ILL. -- McDonald's USA recognized Smithfield Foods, the quick-service brand's pork supplier, with the first Sustainability Award. The award, which was presented during McDonald's 2008 Supplier Summit here, recognizes the supplier that best exemplifies McDonald's vision, principles and values for sustainable supply. Nominees were asked to describe their...
Smithfield Foods' Helping Hungry Homes™ Initiative and Celebrity Cook Paula Deen Aid D.C.-Area Families With 25,000-Pound Food Donation to Help Offset Growing Need
WASHINGTON, Nov. 7 /PRNewswire-FirstCall/ -- Smithfield Foods and celebrity cook Paula Deen, eager to help offset the needs of families at risk of hunger during these uncertain economic times, delivered a 25,000-pound meat donation to the Capital Area Food Bank today as part of the Smithfield Foods Helping Hungry...
Smithfield finalizes sale of its beef business
MILWAUKEE -- Smithfield Foods Inc. said Thursday it has completed the sale of its beef business to Brazilian beef giant JBS SA. The deal worth $565 million in cash received clearance by regulators on Monday when they said they wouldn't challenge the merger, which pairs Smithfield Beef...
Smithfield Foods Completes Sale of Beef Processing and Cattle Feeding Operations to JBS
SMITHFIELD, Va., Oct. 23 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. announced today that it has completed the previously announced sale of Smithfield Beef Group, Inc. ("Smithfield Beef"), its beef processing and cattle feeding operation, to JBS S.A. (Bovespa: JBSS3) for $565 million in cash. The sale included...
Beacon Equity Issues Technical Trade Alerts on Recent Analyst Upgrades: M, SFD, SYK, URBN, FL, AAP
DALLAS, Oct. 20 /PRNewswire/ -- BeaconEquity.com announces the availability of Trade Alerts on stocks making news today. Investors can view all of the daily trading notes for free by visiting: http://www.beaconequity.com/m Today's Trade Alerts include: Macy's Inc. , Smithfield Foods Inc. , Stryker Corp. ,...
HREvolution Awards Recognize Innovation and Excellence in Five Meat and Poultry Human Resources Departments
DEERFIELD, Ill. & LINCOLN, Neb. -- HREvolution Awards were presented recently to five companies -- Wayne Farms, Oakwood, Ga.; Smithfield Foods, Smithfield, Va.; Chicago Meat Authority, Chicago, Ill.; North Side Foods Corp., Arnold Park, Pa.; and Jennie-O Turkey Store, Willmar, Minn. -- in recognition of human resources solutions that demonstrate...
Unique Virginia Partnership Will Study Disappearance of Pagan River Marshlands
SMITHFIELD, Va., Oct. 7 /PRNewswire/ -- A unique partnership of Smithfield Foods, Inc., Norfolk State University, the James River Association and The Smithfield Times today announced a project that will study the extent and potential causes of a reduction in Pagan River marshland in Smithfield. Norfolk State...
Okla. meat producers foresee little effect from labeling law
Pork producing giant Smithfield Foods took the lead this month on federally mandated Country of Origin Labeling when the company announced all of its meat would be born, raised and processed in the United States. But few of Oklahoma's swine ranchers are expected to be affected by...
Smithfield Foods Reaffirms Financial and Liquidity Position
SMITHFIELD, Va., Sept. 26 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. today responded to rumors in the marketplace which the company says are unfounded by stating the following: 1. Given the recent turmoil in portions of the protein industry, the company feels it is important to reaffirm both...
Smithfield Foods Announces Use of American Born, Raised and Processed Label on All U.S. Fresh Retail Products
SMITHFIELD, Va., Sept. 24 /PRNewswire-FirstCall/ -- As a vertically integrated pork company, Smithfield Foods owns or controls by contract a large share of the animals it processes in the United States. Vertical integration provides an unparalleled level of traceability and food safety for Smithfield's customers and consumers. The...
Murphy-Brown Prepares Its N.C. Farms As Hurricane Hanna Heads for the State
WARSAW, N.C., Sept. 4 /PRNewswire/ -- Murphy-Brown LLC, the swine production subsidiary of Smithfield Foods, is readying its comprehensive hurricane preparedness and emergency action plan as Hurricane Hanna makes its way toward the North Carolina coast. Murphy-Brown's emergency response team has been diligently preparing appropriate contingency plans,...
Feed costs bruise Smithfield Foods
SMITHFIELD, VIRGINIA: The world's largest pork producer, Smithfield Foods, has reported a quarterly loss on its pig unit of nearly $40m (21.8m [pounds sterling]) partly due to higher feed costs. The loss in its pig unit more than offset improved trading in pork processing, which improved due to strong exports....
Smithfield Foods has quarterly loss
MILWAUKEE -- Smithfield Foods Inc. swung to a loss in its fiscal first quarter as high commodity costs hurt the nation's largest pork producer and processor, which owns Circle Four Farms in Utah. The commodities market is so volatile, its chief executive said, the company doesn't even...
Dynamic Fuels to Start Construction of Louisiana Synthetic Diesel Plant in Fall, an Industrial Info News Alert
Researched by Industrial Info Resources(Sugar Land, Texas) -- Dynamic Fuels LLC (Tulsa, Oklahoma), a 50:50 jointventure between Syntroleum Corporation (NASDAQ:SYNM) (Tulsa, Oklahoma) andTyson Foods Incorporated (NYSE:TSN) (Springdale, Arkansas) have receivedjoint approval to continue the development of a new synthetic diesel plantthat will be located in Geismar, Louisiana. A similar plant...
Smithfield Foods rolls out boneless smoked pork chops.(NEW PRODUCTS)(Brief article)
[ILLUSTRATION OMITTED] Smithfield Foods, Smithfield, Va., is rolling out Boneless Smoked Pork Chops with Paula Deen's Signature Sauces. The fully cooked chops only need to be warmed for two minutes in the microwave, the company notes. Each 11.5-ounce net...
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Smithfield Foods Inc. Company Info
Contact Information
200 Commerce Street
Smithfield, VA
http://www.smithfieldfoods.com
757 365-3000