Smithfield reports improved second-quarter results
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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, the worldâs biggest hog and turkey producer, reported yesterday that quarterly net income doubled on rising beef and pork sales. Hormel Foods said its profit fell on higher costs to make Spam meat products and bacon bits.
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, with especially strong demand in overseas markets.
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Apparel retailer J. Crew Group Inc  on Wednesday posted a second-quarter net profit, helped by robust sales and higher gross margins.
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The company posted strong second-quarter sales, and an acquisition could help long-term results.
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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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Net income for the second quarter climbed on solid sales of smaller, fuel-efficient vehicles and cost-cutting efforts.
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Goldman Sachs reported second-quarter earnings on Thursday.
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Pork processor Smithfield Foods Inc. said Thursday that improved profitability in the hog production segment, combined with strong results in pork, offset lower earnings in the beef segment to push first-quarter profits above revised expectations.
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Germany&#39;s Bayer has reported second-quarter profit that has beaten average forecasts thanks to a strong showing at agrochemicals, chemicals and polymers.
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Alcatel  on Monday  released preliminary second-quarter results that were in line  with company expectations.
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Second-quarter profit was largely fueled by international sales growth, the athletic gear company said.
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Home furnishings retailer Williams-Sonoma reported higher than expected second-quarter profits on Wednesday.
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The company reported strong fiscal second-quarter results and positive trends seem likely to continue to drive healthy growth.
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Prudential Financial Inc., the second largest US life insurer, said Tuesday its quarterly earnings more than doubled, helped by its acquisitions of Cigna&#39;s retirement business and American Skandia.
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Brookfield's results show a company continuing to build a valuable investment portfolio.
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Smithfield Foods Inc. SFD.N, the  largest U.S. pork producer, on Tuesday reported quarterly  earnings jumped 61 percent on high hog prices, strong pork  exports and the acquisition of a pork processor.