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Smithfield Foods Rating Increased to Neutral at Bank of America
2013-03-11 17:32:59| Food - Topix.net
The firm currently has a $26.00 target price on the stock. The analysts wrote, "We are upgrading Smithfield from Underperform to Neutral despite mixed fundamentals as there has been increased pressure on management to create shareholder value which we believe could drive the stock higher in the near-intermediate term.
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america
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Smithfield Foods reports 3% rise in Q3 profit
2013-03-11 01:00:00| Food Processing Technology
US-based pork processor Smithfield Foods has reported that its net income for the third quarter of 2013 increased by about 3% to $81.5m, compared with $79m in the corresponding quarter last year, fuelled by growth in packaged meats and contributions
Tags: reports
rise
profit
foods
Smithfield Awards Grants to Enhance Swine Industry
2013-03-08 16:37:00| National Hog Farmer
Source: Iowa Pork Industry Center Grant funds totaling up to $250,000 are available for projects that advance and enhance swine production in Iowa, according to Iowa Attorney General Tom Miller. Proposals are due by April 19. The grant money is for the seventh year of a program funded by Smithfield Foods, which is paying $1 million over 10 years for the program. Miller released a “Request for Applications” (RFA) to identify and support innovative Iowa projects eligible for the grants. read more
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awards
enhance
grants
Smithfield Foods Reports Strong Fiscal 2013 Q3 Results
2013-03-08 01:00:00| ThePigSite - Industry News
US - Smithfield Foods, Inc. has reported strong fiscal 2013 third quarter results, driven by growth in packaged meats and solid contributions from international operations, as the company continued to execute its plan to transform into a more value-added consumer packaged meats company.
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reports
strong
fiscal
Smithfield Foods (SFD) Announces Quarterly Earnings, Beats Estimates By $0.18 EPS
2013-03-07 18:05:38| Food - Topix.net
Smithfield Foods released its earnings data on Thursday. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.18. The company had revenue of $3.58 billion for the quarter, compared to the consensus estimate of $3.53 billion.
Tags: estimates
quarterly
foods
earnings
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