08/10/2009 07:56AM
AUSTIN, Minn. (AP) —Hormel Foods says it is boosting its 2009 profit guidance because of strong performance from its refrigerated foods segment.
Hormel Foods Corp., which makes Spam, chili and Jennie-O Turkey products, says it now expects to post a profit of $2.36 to $2.42 per share for the year.
08/07/2009 10:27AM
SMITHFIELD, Va., Aug. 7 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. (NYSE:SFD) (the "Company") announced today that it is initiating an offering, subject to market and other conditions, of $225 million of 10% senior secured notes due 2014. The notes will have identical terms and conditions, other
07/02/2009 02:08PM
SMITHFIELD, Va., July 2 /PRNewswire-FirstCall/ -- Smithfield Foods, Inc. (NYSE:SFD) announced today that it has entered into a new $1 billion asset-based revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent. The new credit facility replaces the Company's previous U.S. revolving
06/12/2009 08:56AM
WASHINGTON, D.C.,– While they support efforts to strengthen the U.S. food- and animal feed-safety systems, pork producers have a number of concerns with food-safety reform legislation approved June 10 by a U.S. House subcommittee, said the National Pork Producers Council.
Chief among those concerns
05/14/2009 04:16PM
WASHINGTON, D.C., May 14, 2009 – Mexico’s agriculture department today said the influenza strain that now has infected almost 4,300 people in 33 countries did not originate from hogs at a Smithfield Foods operation that had been singled out by some, including critics of modern pork production, as the
04/28/2009 08:36AM
Smithfield Says Swine Flu Not Found
Smithfield Foods reports that it has found no clinical signs or symptoms of the presence of swine influenza in the company’s swine herd or its employees at its joint ventures in Mexico.The operations are cooperating with Mexican health officials to aid the investigation
01/05/2009 11:33AM
CHICAGO (Dow Jones)--Tyson Foods Inc. (TSN) announced the departure of President and Chief Executive Dick Bond Monday, the second high-profile casualty of the difficulties facing the U.S. meat industry.
Bond, one of the sector's most outspoken executives, will be replaced immediately on an interim
01/05/2009 10:20AM
SPRINGDALE, Ark., Jan. 5, 2009 (GLOBE NEWSWIRE) -- Dick Bond, president and chief executive officer of Tyson Foods, Inc. (NYSE:TSN), announced today he is leaving the company, effective immediately. Leland Tollett, former chairman and CEO of the company, has agreed to return to the company as President
12/30/2008 04:15PM
CHANGGE CITY, China, Dec. 30 /PRNewswire-Asia/ -- Zhongpin Inc. (NASDAQ: HOGS) ("Zhongpin"), a leading meat and food processing company in the People's Republic of China ("PRC"), today announced that on December 30, 2008, it entered into an agreement with Jilin Huazheng Agriculture and Animal Husbandry