USA: Smithfield Foods reports higher Q1 earnings
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US meat processor Smithfield Foods has said its first-quarter earnings more than doubled from the year-ago period, boosted by higher sales.
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Strong pork sales drive Smithfield Foods' big quarter.
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Pilgrim's Pride Corp.  Corp., the No. 2 U.S. poultry producer, on Monday raised its quarterly earnings estimate, citing lower feed costs and better results in its prepared foods unit.
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Hormel Foods Corp.  on Wednesday posted higher quarterly profit, in line with raised expectations it announced earlier this month, and gave a forecast for current quarter earnings that was higher than analysts estimates.
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The retailer reports strong earnings and lifts its outlook.
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ConAgra Foods Inc.  posted higher-than-expected quarterly profit on Wednesday as unusual strength in its energy trading and fertilizer operations offset higher marketing and commodity expenses in its core packaged-foods business.
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Smithfield Foods Inc. SFD.N, the  largest U.S. hog and pork producer, on Tuesday reported  higher  fiscal second-quarter profit due to strong hog prices and the  acquisition last year of Farmland Foods.
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KANSAS CITY, Missouri  - Monsanto Co.  reported on Thursday that quarterly earnings jumped 71 percent, driven by surging sales of its genetically modified corn and other seeds, sending its shares higher in early trade.
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U.S. meat company Smithfield  Foods Inc.  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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H. J. Heinz Co. said Friday its fiscal first-quarter earnings grew 6 percent, driven by double-digit growth in ketchup, beans, soups and Smart Ones meals, and the ketchup maker raised its outlook for the full year.
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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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Hog and pork producer Smithfield Foods Inc. (SFD.N) on Thursday said quarterly earnings more than doubled due to higher hog prices and the acquisition last year of Farmland Foods.
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US meat processor Smithfield Foods has reported higher second-quarter earnings, as higher hog prices offset lower pork margins and a loss in its beef operations.
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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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Smithfield Foods Inc., the world&#39;s largest pork producer, said profit in the fiscal second quarter rose 61 percent as the company sold more hogs at higher prices.
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Smithfield Foods Inc. (SFD), the largest US pork producer, on Tuesday reported quarterly earnings jumped 61 percent on high hog prices, strong pork exports and the acquisition of a pork processor.
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Top U.S. hog and pork producer Smithfield Foods Inc.  on Thursday reported lower-than-expected quarterly earnings, hurt by a weak market for fresh meat.