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Smithfield Foods

WH Group scraps IPO indefinitely

FBN’s Liz MacDonald on WH Group delaying its IPO.

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  1. Smithfield Profit Falls 36%

    Smithfield Foods (NYSE:SFD) posted a disappointing 36% decline in first-quarter profit on Friday as exports continued to fall and fresh pork demand waned."The operat...

  2. Smithfield Profit Falls To $39.5 Mln

    Smithfield Foods the world's biggest pork producer by revenue, reported its first-quarter profit fell to $39.5 million, down from $61.7 million in the year-ago perio...

  3. Smithfield Deal Likely To Get U.S. OK: Report

    Smithfield Foods Inc.'s $4.7 billion acquisition by Chinese meat producer Shuanghui Group is likely to get the go-ahead from the U.S. Treasury, the Financial Times r...

  4. Maple Leaf, Darling Shares Jump On Biodiesel Deal

    Canadian food processor Maple Leaf Foods agreed to sell its rendering and biodiesel business to Darling International Inc (NYSE:DAR) for about C$645 million ($613.6 ...

  5. Test-Tube Meat Coming to a Grocer Near You

    The burger was seasoned with salt and fried in a sizzling pan, yet it originated not from a hearty cow on a farm but from a petri dish in a lab by a scientist.Scienc...

  6. Two Highly Misunderstood ETFs

    No one likes being mislead, but it does happen occasionally to ETF investors.That is not to say fund issuers are maliciously misleading investors. However, a few min...

  7. Leadership Lessons from the Paula Deen Controversy

    I told myself not to get involved in the whole Paula Deen mess. I said to myself, "It's a train wreck. She's radioactive. Let it go and just walk away."In the end, I...

  8. Senate committee to examine Smithfield -Shuanghui deal

    The proposed purchase of Smithfield Foods the world's largest pork processor, by Shuanghui International of China will be examined at a July 10 hearing of the Senate...

  9. Starboard Waging Proxy Contest for Office Depot Seats

    Starboard, Office Depot's (NYSE:ODP) largest shareholder, said Wednesday it plans to launch a formal proxy contest in an effort to place four of its nominees on the ...

  10. New U.S. trade chief focused on India, striking deals

    New U.S. Trade Representative Michael Froman on Friday said he expected growing trade problems with India to be a major early focus of his tenure, but stopped short ...

  11. Smithfield CEO Could Get Hefty Payday from Shuanghui Deal

    Smithfield Foods Inc Chief Executive Larry Pope could receive nearly $46.6 million in merger-related payments as part of a planned takeover by China's Shuanghui Inte...

  12. Starboard's battle with Smithfield over China-deal adds to activist image

    Since Starboard Value LP was spun off as a separate hedge fund just over two years ago it has been fast gaining a reputation for aggressive shareholder activism, pus...

  1. Report: WH Group Slashes IPO, Delays Pricing

    WH Group Ltd, the world's biggest pork company, is slashing its proposed Hong Kong IPO and delaying the pricing to next week, sources said, as market volatility and ...

  2. Smithfield Snags Top NASCAR Sponsorship

    As it continues to expand its footprint in the world of packaged foods, Smithfield Foods has made its NASCAR sponsorship a key component of its growth plans.Even bef...

  3. FDA to Meat Industry: Stop Using Antibiotics in Feed

    Food safety regulators said Wednesday they want food processors to begin phasing out the use of antibiotics that are fed to animals and believed harmful to humans.Th...

  4. Smithfield shareholders approve sale to China's Shuanghui

    Smithfield Foods Inc shareholders on Tuesday "overwhelmingly" approved the pork packer's $4.7 billion sale to Shuanghui International Holdings Ltd <000895.SZ> in wha...

  5. Starboard Fails to Find Alternative Smithfield Bid

    Activist investor Starboard Value LP said on Friday that it planned to vote in favor of the $4.7 billion offer for Smithfield Foods Inc (NYSE:SFD) by China's Shuangh...

  6. Smithfield Takeover Scores National-Security Approval

    Shares of Smithfield Foods (NYSE:SFD) ticked almost 1% higher Monday morning after China's Shuanghui International won national-security clearance to take over the w...

  7. US Clears Smithfield Buy By China's Shuanghui

    Smithfield Foods Inc's ((NYSE:SFD) acquisition by China's Shuanghui International Holdings Ltd received approval from the U.S. Committee on Foreign Investment.The de...

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