Smithfield Foods' IPO priced below expectations, reflecting volatile earnings and numerous risks, making the stock appear ...
Smithfield CEO Shane Smith took the country’s largest pork producer public in the U.S. this week. Now he faces the big ...
Smithfield Foods wants to be seen as America’s pork champion after more than a decade under Chinese ownership. Its goal may ...
Tyson Foods’ decision to shutter four poultry processing plants yet this year and into early 2024, combined with Smithfield Foods closing 35 pig farms, are strong signals consolidation is ...
Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other ...
factory farm owned by Murphy-Brown, a subsidiary of Smithfield Foods Inc. Murphy-Brown is Smithfield's livestock production subsidiary and is the world's largest producer of pigs for slaughter. The ...
In the document registered with the US Securities and Exchange Commission (SEC), Smithfield Foods said it would offer a total ...
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the ...
Smithfield owns hundreds of pig farms in the U.S. and contracts with hundreds of other independent operators, though in 2023, it ended contracts with two dozen U.S. pig farms and reduced its own ...
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its common stock. The initial public offering price is expected to be between ...
The company owns more than 51 per cent of its farms and hopes to sell directly to researchers ... known as xenotransplants. Smithfield has deals in the works to supply pig organs to two entities, ...
Before the listing, the company carved out its European business, ended contracts with some U.S. hog farms and shut ... stopped slaughtering pigs at its hometown plant in Smithfield, Virginia ...