Smithfield Forecasts Earnings Up
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Smithfield Foods Inc. SFD.N, the top  U.S. hog and pork producer, on Monday said preliminary earnings  per share for the fiscal third quarter were stronger than Wall  Street expectations, helped by higher hog prices, sending  shares to an all-time high.
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U.S. stock futures climbed on Tuesday, pointing to a higher market open, after strong profits from conglomerate Tyco International Ltd.  boosted investor optimism about company profits, and a jump in oil prices pushed up shares of Exxon Mobil Corp. .
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Smithfield Foods Inc. (SFD.N: Quote, Profile, Research) , the largest US pork producer, on Tuesday posted a 61 percent rise in quarterly earnings due to strong hog prices and the purchase of Farmland Foods last year.
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Brookfield's results show a company continuing to build a valuable investment portfolio.
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Washington Post Co. (WPO.N: Quote, Profile, Research) said on Friday that quarterly profit jumped, beating analysts&#39; forecasts, boosted by results at its Kaplan education unit and television broadcasting operations.
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Smithfield Foods Inc. SFD.N on  Thursday said quarterly earnings more than doubled due to  higher hog prices and the hog and pork producer's acquisition  of Farmland Foods last year.
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update Earnings per share rise compared with a year ago, but company misses analysts' expectations by a long shot.
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U.S. stocks rose on Monday as investors bet signs of strength in the economy meant companies will beat profit forecasts as the second-quarter earnings season kicks off.
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Stock index futures rose on Tuesday after Lehman Brothers Holdings Inc  earnings topped analysts' estimates.
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SMITHFIELD, Va. Smithfield Foods, the nation&#39;s largest hog producer, says second-quarter earnings rose sharply as live hog prices soared.
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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.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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U.S. stocks rose on Friday as a report showing stronger-than-expected job growth boosted optimism about the outlook for profits.
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Qualcomm Inc. Friday raised its earnings and revenue forecasts for the current quarter, based on higher shipments of its cell-phone chips.
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Deere & Co.  said on Tuesday its quarterly earnings rose a better-than-expected 19 percent, but it forecast lower profits and flat sales in 2007 as weakness in the housing market weighs on sales.
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U.S. stock futures rose on Thursday,   indicating stocks may open higher and extend Wednesday's gains,   buoyed by strong earnings, tamer oil prices and an   interest-rate pause by the Federal Reserve.
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Stock futures rose early Tuesday,  pointing to a higher market open, lifted by  better-than-expected earnings and outlook from IBM and a  further decline in oil prices.