Smithfield Foods, Inc. (NYSE:SFD)

Fruit

Sweetened Offer Gets Dole OK

Posted: August 12, 2013 at 10:50 am

The chairman and CEO of Dole Food Co. (NYSE: DOLE), David H. Murdock, made a $12 a share offer to acquire the 60% of the company’s stock he did not ...
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Pigs

Activist Investor Objects to Smithfield Chinese Takeover

Posted: June 17, 2013 at 7:35 am

One of the bigger acquisitions of the year is getting a negative review from a major shareholder. Smithfield Foods Inc. (NYSE: SFD) has agreed to be acquired by China’s Shuanghui ...
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Bull and Bear figures

Closing Bell for Friday on Wall Street: Markets Open Lower, Trail South All Day

Posted: June 14, 2013 at 4:04 pm

U.S. equity markets opened lower this morning, kicking off a gradual decline that lasted all day. Profit-taking and a lower-than-expected reading on consumer sentiment in the U.S. get the blame. ...
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Pigs

Smithfield Foods Company Earnings Weak, but Who Cares?

Posted: June 14, 2013 at 9:05 am

Smithfield Foods Inc. (NYSE: SFD) reported fourth quarter and fiscal year 2013 results before markets opened this morning. The food processing firm reported diluted earnings per share (EPS) of $0.21 ...
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Bull and Bear figures

Closing Bell for Thursday on Wall Street: Markets Recoup from Low Open to Post Gain

Posted: June 13, 2013 at 4:05 pm

U.S. equity markets opened lower this morning, but gathered steam following encouraging reports on new claims for jobless benefits (down) and retail sales (up). There was little economic data from ...
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78494592

Dole CEO Makes $1 Billion Offer for Food Company

Posted: June 11, 2013 at 10:15 am

Fruit and vegetable producer Dole Food Company Inc. (NYSE: DOLE) could be on its way to becoming a privately held company again. The company’s chairman and chief executive, David Murdock, ...
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AOL logo

Financial News Digest: Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 31, 2013 at 6:41 am

Defense Secretary Chuck Hagel says he has deep concerns about cyberattacks on U.S. interests. (Reuters) Intel Corp. (NASDAQ: INTC) beats out tough competition to get a chip in the new ...
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108680884

No Ratings Agency Endorsement on Smithfield China Buyout

Posted: May 30, 2013 at 2:13 pm

Smithfield Foods, Inc. (NYSE: SFD) should be enjoying a nice day-after in the sun now that it has answered activist investors with a new buyout offer for the company. The problem ...
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Pigs

Smithfield Buyout: Do You Want China Owning Your Meat Supply?

Posted: May 29, 2013 at 10:45 am

Smithfield Foods Inc. (NYSE: SFD) is seeing its shares surge this morning on news that it has received a big premium buyout offer. A Chinese firm called Shuanghui International Holdings, ...
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Bull and Bear

Top Analyst Downgrades and Stocks to Sell: BlackBerry, LinkedIn, Renren and More

Posted: May 15, 2013 at 8:35 am

Investors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. What investors often do not get to see is when analyst downgrade stocks to sell ...
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Corn Field

Corn Brings the Death of Food Inflation

Posted: May 6, 2013 at 1:10 pm

If you have been paying attention to consumer prices and producer prices of late, the drop in the price of oil and other energy related items has been keeping a ...
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Bull and Bear

Top Analyst Upgrades and Downgrades (AAPL, AMX, BBY, BKD, COH, CVS, DKS, LTM, MOS, P, RSH, RHT, SHW, SFD, TJX, URI, PAY, XOOM)

Posted: March 12, 2013 at 8:35 am

These are some of this Tuesday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apple Inc. (NASDAQ: AAPL) maintained Hold but price target cut to $420 ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — March 11, 2013: Markets Recover Slightly from Low Open (BBY, BTU, SFD, ADBE, MT, CSIQ, CHYR, DKS, RENN, CVI, DMND, FCEL, URBN, BONT, SSI, BBRY, T, ZNGA, YHOO)

Posted: March 11, 2013 at 4:05 pm

U.S. equity markets opened lower this morning after France reported a decline in industrial production and China reported consumer inflation up more than expected (more coverage here). There was no ...
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Bull and Bear

Top Analyst Upgrades and Downgrades (ADBE, ALTR, MT, AHL, BBVA, BBY, CNX, DVA, INTU, ITRI, MYL, BTU, SFD, VE)

Posted: March 11, 2013 at 8:25 am

These are some of this Monday's top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Adobe Systems Inc. (NASDAQ: ADBE) cut to Neutral at BofA/Merrill Lynch. Altera ...
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supermarket

Shareholder Attack of Smithfield Has Risks, but Merits Too (SFD, HRL, TSN)

Posted: March 8, 2013 at 11:29 am

Smithfield Foods Inc. (NYSE: SFD) is trading higher on word that a top shareholder called Continental Grain Co. has sent a letter urging the company to consider strategic alternatives. These ...
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