Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird flu
Smithfield CEO downplays threat of employee deportations as pork giant goes public
Pork Giant Smithfield Returns to U.S. Stock Market
Smithfield Foods wants to be seen as America’s pork champion after more than a decade under Chinese ownership. Its goal may rely on how the Trump administration manages trade ties with Beijing. Smithfield shares were up 2% to $20.
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Smithfield man kicks off New Year with $100K Virginia Lottery win
Richard Bellew, a retired U.S. Navy officer, started the new year with a $100,000 win playing the Virginia Lottery’s Knight’s Bounty online
Pork Producer Smithfield Shares Slip After $522 Million IPO
Smithfield Foods Inc. shares rose about 2% in the pork producer’s return to being a public company, after the stock priced below the range offered in its IPO.Most Read from BloombergTexas HOA Charged
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Car and body recovered from Cheat Lake, but authorities won’t say if remains are those of Smithfield man reported missing last week
First responders recovered a car Sunday afternoon that had been submerged in frozen-over Cheat Lake — but Monongalia County Sheriff Todd Forbes said he couldn’t confirm if the deceased man inside was Kevin Lataille,
Smithfield Foods Debuts With $8 Billion Market Cap in IPO
Smithfield Foods ( SFD, Financials) launched its IPO on Tuesday, starting trading at $21.05 before falling to $20.18 by midday. On Wednesday, shares were priced at $19.29 as of 3:34:43 PM EST, reflecting a 3.5% drop from the previous close.
Smithfield Foods gains slightly in early post-IPO trading to push its market cap over $8B
Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading values the food processing giant at just over $8.0 billion.
Smithfield Foods sets initial IPO terms that value the company as high as $10.7B
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its common stock. The initial public offering price is expected to be between $23.00 and $27.00 per share. The range values the Virginia-based company at $10.7 billion at the high point.
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Smithfield Foods raises $522M in first day on Nasdaq
Listen to this article Smithfield Foods officials rang the opening bell Tuesday at the Nasdaq MarketSite in New York City, as the packaged meat and fresh pork giant launched its initial public offering of 26 million stock shares at $20 per share on the Nasdaq Global Select Market,
Smithfield, Owner Guide IPO Pricing Below Range
Smithfield Foods Inc. and its owner are guiding prospective investors that its initial public offering is likely to price at $20 per share, below the marketed range, according to a person familiar with the matter.