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Wednesday, April 7, 2010 as of 11:14 AM ET

Smithfield Foods

Smithfield Foods

Smithfield Foods, Inc. is the world’s largest pork producer and processor. Headquartered in Smithfield, Virginia, it runs facilities in 26 U.S.

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Consumer/Non-Cyclical Sector Wrap

During trading today, the S&P 500 dropped 0.

4%, and the Consumer/Non-Cyclical sector (XLP) showed little change.As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. As trading began today, XLP was down 0.4% over the last thirty trading days, and the S&P 500 climbed -4.5%.Nu Skin (NYSE:NUS) was a major gainer in the sector, rising 15.5% (+$6.24) to close at $46.46 with 7.8 million shares moving. The stock traded in a range of $40.23 to $46.57. The stock has been decreasing in the last two months, down $12.72 (-21.5%) from a price of $59.18 on March 19, 2012. Coca-Cola HBC (NYSE:CCH) was another big mover, climbing 89 cents (+5.8%) to a closing price of $16.32.Synutra International (NASDAQ:SYUT) was a major loser in the sector, falling 6.7% (-38 cents) to close at $5.29 with 39,894 shares moving. The stock traded in a range of $5.22 to $5.69. Over the last three months, the stock has lost $1.03 (-16.3%) from a price of $6.32 on February ...

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  1. With Farmers Paying More for Feed, Cattle Herds Dropping

    FBN’s Sandra Smith on feed for livestock increasing and the number of cattle herds in the U.S. dropping to its lowest in 53 years.

  2. Smithfield , Tyson Shares Hit By Downgrades

    SAN FRANCISCO -- Smithfield Foods and Tyson Foods slid early Monday after BB&T Capital cut its stock rating on both meat producers to hold from buy. BB&T analyst Hea...

  3. Smithfield Foods Selling Stake in Butterball to Maxwell Farms for $175M

    Smithfield Foods (NYSE:SFD) said Friday it is selling its 49% stake in its Butterball turkey business to joint venture partner Maxwell Farms for $175 million.The por...

  4. Smithfield to sell stake in Butterball

    (Recasts, adds details)CHICAGO(Reuters) - Pork producer Smithfield FoodsInc said Friday it will sell its 49 percent stakein turkey producer Butterball LLC to its joi...

  5. Smithfield on verge of exiting Butterball business

    CHICAGO (Reuters) - Pork producer Smithfield FoodsInc said Wednesday it expects it will sell its 49percent stake in Butterball turkeys, a brand it has partiallyowned...

  6. Smithfield Foods Swings to Profit, Misses Expectations

    Smithfield Foods (NYSE:SFD) said Wednesday it swung to an in-line profit in its fiscal first quarter, but the hog and pork producer’s sales failed to meet Wall Stree...

  7. Smithfield Foods to Shutter Iowa Plant

    A subsidiary of Smithfield Foods (SFD) on Wednesday announced its pork processing and fabrication plant in Sioux City, Iowa will be permanently closed.The plant will...

  8. Swine Flu's Impact on Meat Producers

    How is Swine Flu impacting business?

  9. Street Meat: Flu, Oil and Autos

    04/27/09

  10. Street Meat: What's Going on With Hog Meat?

    Street Meat

  1. Apple Fuels Nasdaq, Women Fuel Harley

    A 9% rally in Apple (NASDAQ:AAPL) shares on stronger-than-expected quarterly earnings sent the tech-heavy Nasdaq up more than 2% yesterday, marking its best day of t...

  2. Smithfield Foods Shutting Meat Plant; 425 Affected

    Smithfield Foods Inc. said it's shutting down its hot dogs and lunch meat plant in Portsmouth, Va., in early 2013, and shifting production to Kinston, N.C. The closu...

  3. Smithfield Foods Grows 1Q Net 7.6%

    Lifted by higher prices and solid exports, Smithfield Foods (NYSE:SFD) unveiled on Thursday a stronger-than-expected 7.6% increase in fiscal first-quarter profits.Th...

  4. Food, Ethanol Prices Set To Rise Again (ADM, DE, POT, VLO, PEIX, GPRE, KFT, SJM, GIS, K, TSN, HRL, SFD , MOO, DBA)

    Hot, dry weather is now expected to reduce the US corn harvest and lift consumer prices for everything from breakfast cereal to pump prices at the local service stat...

  5. US Pork Producers Hit Litter Record To Offset High Feed Costs

    --U.S. pork producers for first time average 10 healthy piglets per litter--Producer gains boost supplies, reduce effect of high feed costs--Further gains in product...

  6. Cattle Demand Skyrockets, Prices Up 27%

    FBN’s Sandra Smith on cattle prices rising to record highs and herds reaching their lowest level since 1958.

  7. Smithfield Foods Boasts Record 3Q Profit, Trumps Wall Street

    Helped by rising demand for pork and tighter supplies, Smithfield Foods (NYSE:SFD) weighed in on Thursday with a stronger-than-expected 445% jump in third-quarter pr...

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