Highlights
A collection of news and information related to Smithfield Foods published by this site and its partners.
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Smithfield seems confident philanthropy won't wither after sale
SMITHFIELD — Smithfield Foods, its executives and affiliated foundations distribute millions of dollars each year to charitable causes. Recipients include food banks on both sides of the James River, education efforts for underprivileged youth,...
Tags: Lifestyle and Leisure, Colleges and Universities, Companies and Corporations, YMCA, Clubs and Associations
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Smithfield Foods' Portsmouth plant to close in August
Daily PressSmithfield Foods is shuttering its Portsmouth hot dog and deli meat plant in August, an executive at the company said. "Plant will close on August 16" in keeping with plans that were formalized in 2011, said Jeff Gough, Smithfield's senior vice...Tags: Lifestyle and Leisure, Foods and Beverages, Career and Workplace, Smithfield, Employees
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Smithfield Foods investor says sale price is too low
Daily PressAn activist investor is urging Smithfield Foods shareholders to turn down an acquisition by Shuanghui International, arguing the deal undervalues America's largest hog farmer and pork processor. Investment management firm Starboard Value L.P. said...Tags: Smithfield
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Smithfield Foods could do better than Chinese deal, investor says
Smithfield Foods Inc. may be worth less as a whole than its separate parts, according to an activist investor asking the Virginia pork giant this week to reconsider its recent $4.7-billion sale to a Chinese meat producer. Last month, Shuanghui...
Tags: Companies and Corporations, China, Mergers, Acquisitions and Takeovers, Economy, Business and Finance, Smithfield
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With Chinese deal looming, Smithfield cancels earnings conference call
Daily PressWhen Smithfield Foods announces its yearly and quarterly earnings, it typically then discusses its performance with Wall Street analysts representing big investors. But when the company issued its fourth quarter and yearly earnings report Friday, it...Tags: Smithfield, Quarterly or Semiannual Financial Statements
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Top ten: Reasons to love China's purchase of Smithfield
There are dozens of reasons for American farmers and ranchers to be thrilled-nay, elated!-by Shuanghui International Holding Inc.'s proposed $4.7 billion purchase of Smithfield Foods, Inc., America's biggest pork chop. Here are 10. Number 10: The U.S....Tags: Bloomberg L.P., The Washington Post, China, Bunge Ltd., Smithfield
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Court freezes trader's assets in Smithfield case
WASHINGTON (AP) - A U.S. court has frozen the assets of Thailand trader accused of profiting from advance knowledge of a Chinese company's plan to acquire Smithfield Foods. The Securities and Exchange Commission has accused Badin Rungruangnavarat of...Tags: U.S. Securities and Exchange Commission, Smithfield, Insider Trading, Washington, DC
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June 11 Letters: Fair tax, Smithfield Foods, NSA
Spreading the burden If we'd just get rid of taxing income and once again tax consumption, there'd be far less need for the bureaucracy of the IRS. What we need is a simply constant steady fixed percentage tax on all retail goods and services, with no...Tags: Barack Obama, Personal Income, Newport News (Newport News, Virginia), Taxation, National Security Agency
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Feedback for Sunday, June 9: People Express, IRS, D-Day and more
• Yorktown: In reference to the People Express story: So they bought an airline. How many planes and when do they start flying out of Newport News? Are the headquarters in Newport News? Daily Press left out a lot of information. Editor: Though it...Tags: Newspapers, Newport News (Newport News, Virginia), Taxation, Smithfield, Internal Revenue Service
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Farming: Top reasons to love China's purchase of Smithfield
There are dozens of reasons for American farmers and ranchers to be thrilled — nay, elated! — by Shuanghui International Holding Inc.’s proposed $4.7 billion purchase of Smithfield Foods, Inc., America’s biggest pork chop. Here...Tags: Bloomberg L.P., The Washington Post, China, Bunge Ltd., Smithfield
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If you're going on my plate, I don't want to know your name
I have been able to buy eggs and cheese at my farmers market for a couple of summers now, in addition to the herbs, flowers, breads, fruits and vegetables. But I can buy meat now, too. The vendors sit behind a cash box on a table with a cooler next to...Tags: Lifestyle and Leisure, China, Foods and Beverages, Steaks
Jun 18, 2013
|Story| Hampton Roads Daily Press
Jun 18, 2013
|Story| Hampton Roads Daily Press
Jun 17, 2013
|Story| Hampton Roads Daily Press
Jun 17, 2013
|Story| Los Angeles Times
Jun 15, 2013
|Story| Hampton Roads Daily Press
Jun 14, 2013
|Story| Aberdeen News
Jun 14, 2013
|Story| Aberdeen News
Jun 14, 2013
|Story| Chicago Tribune
Jun 10, 2013
|Story| Hampton Roads Daily Press
Jun 9, 2013
|Story| Hampton Roads Daily Press
Jun 8, 2013
|Story| Aberdeen News
Jun 3, 2013
|Column| Baltimore Sun
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