Smithfield profits from protein-rich pork
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The flip side of low-carb dieting is high-protein eating, and that&#39;s helping boost profits at Virginia&#39;s Smithfield Foods, the world&#39;s biggest pork producer.
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Smithfield Foods Inc. SFD.N, one of  the nation's largest meat producers, on Thursday said quarterly  earnings more than doubled due to higher hog prices and its  acquisition of Farmland Foods last year.
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Smithfield Foods Inc. SFD.N, the  biggest U.S. hog and pork producer, on Monday said preliminary  quarterly earnings were stronger than expected, as it benefited  from rising hog prices and demand.
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The condiment maker offers tasty earnings numbers.
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Smithfield Foods Inc., the world&#39;s largest hog producer and pork processor, on Tuesday posted higher second-quarter earnings as sharply improved hog production results more than offset lower pork margins and a modest loss in the beef segment.
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Tasty results for the burger specialist lead to new highs for its stock.
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Smithfield Foods offered up a surprise in its earnings conference call.
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Pilgrim's Pride Corp. PPC.N, the No.  2 U.S. poultry producer, on Monday said quarterly earnings  increased nearly five-fold on strong chicken sales, cheaper  feed, and an acquisition.
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Campbell Soup Co.   posted better-than-expected quarterly profit on Friday, sending its shares to a seven-year high, as sales of Pepperidge Farm baked goods offset U.S. soup sales that fell amid unseasonably warm weather during much of the quarter.
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Hog and pork producer Smithfield Foods Inc.(SFD.N: Quote, Profile, Research) said on Monday it plans a private offering to sell about $150 million worth of senior notes due 2011.
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The food company said that strong performance from its commodities trading group helped it overcome the cost of a pot pie recall and post a 15 percent jump in 2nd-quarter earnings.
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Fourth-quarter profit more than tripled at ConAgra Foods as a result of strong results from its commodities trading division.
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The company posted first-quarter profit of $288.9 million as rising revenue offset higher ingredient costs and increased spending on marketing.
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RICHMOND, VIRGINIA  - U.S. meat company Smithfield   Foods Inc. SFD.N would be interested in the Oscar Mayer meat   unit of Kraft Foods Inc. if it became available, but the price   may be too high, a top Smithfield executive told Reuters on   Wednesday.
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Yum Brands (YUM) reported third-quarter earnings Tuesday that beat Wall Street expectations by a penny. The fast-food mogul also upped its full-year profit forecast by two cents, citing robust results from its KFC chain in China.
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The organic-food maker's results are sure to give investors a good feeling in their stomachs.
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The E. D. Smith Income Fund, a trust that owns a variety of private-label food manufacturing operations, said it planned to sell all of its assets to TreeHouse Foods of the United States in a deal valued at about 217 million Canadian dollars ($203 million). TreeHouse, based in Westchester, Ill., would also assume E. D. Smithâs existing debt and the transaction costs. If the deal goes through, stakeholders should receive up to 9.15 Canadian dollars a unit, subject to a âholdbackâ of 60 Canadian cents a unit to cover certain expenses, the fund said, which could lower the amount received by unit holders. Units of E. D. Smith, which is based in Winona, Ontario, rose 1.23 Canadian dollars, or 17 percent, to 8.57 Canadian dollars on the Toronto Stock Exchange.