Smithfield Foods, Inc.
NYSE: SFD
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 already own back in early June. This morning the...
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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 International...
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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. In...
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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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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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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, has...
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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 Samsung Galaxy...
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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 is that China-based...
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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, which is the...
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These are the top analyst downgrades, cautious research notes and stocks to sell from Wall Street for Wednesday, May 15, 2013. They include BlackBerry, LinkedIn, Renren and E*Trade Financial.
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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 very tight lid on inflation. That has...
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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 from...
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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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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....
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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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