Smithfield Foods expects earnings of 50 to 52 cents per share
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SMITHFIELD, Va. Smithfield Foods Incorporated today forecast significantly higher earnings in the second quarter because of a 30 percent increase in live hog prices and improved pork processing margins in October.
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Analysts saw earnings per share of $1.45. Instead, losing hedges and low poultry prices will make it a lot less. Even as a new $75 million ad campaign promotes how its protein is &quot;powering the world,&quot; Tyson
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U.S. hog and pork producer Smithfield Foods Inc.  said on Friday China has shown more interest in buying its pork, which probably was the reason the company's shares sped to a two-year high.
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Investment bank Goldman Sachs  has raised its outlook for Chicago wheat futures by 47 percent to $13.50 a bushel after the U.S. Department of Agriculture cut projected 2007/08 U.S. wheat ending stocks.
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London Stock Exchange Group Plc forecast a big rise in third-quarter earnings and pledged to raise its full-year dividend at least 50 percent as it reiterated its opposition to a 2.7 billion pound ($5.3 billion) hostile bid from U.S. rival Nasdaq .
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Hospital giant HCA Inc. said Wednesday it expects third-quarter earnings to range between $222 million and $232 million, or 46 cents to 48 cents per share, including losses from hurricanes Charley, Frances
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Pork producer Smithfield Foods Inc. said Wednesday that it will pay the government $2 million to settle a lawsuit related to its purchase of shares of IBP Inc.
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Smithfield Foods Inc. SFD.N, the  largest U.S. 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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Capital One Financial Corp.  said on Thursday it expects to report fourth-quarter earnings of around 60 cents per share, and warned that its full-year results would fall below its previous outlook.
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Kraft Foods Inc. Thursday stood by its previously lowered earnings forecast for the calendar year and said new products including its 100-calorie snack packs would help drive growth in the second half.
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Merck & Co. Inc.MRK.N, reeling from  the recent withdrawal of its Vioxx arthritis drug, said  Wednesday it expects 2005 earnings of $2.42 to $2.52 a share --  a decline from expected 2004 results.
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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.
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Gold miner Gold Fields has reported net earnings per share of 21 cents for the September quarter from a net loss per share of 39 cents in the June quarter.
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Bristol-Myers Squibb (nyse: BMY - news - people ) will report third-quarter earnings. Analysts surveyed by Thomson First Call expect the pharmaceutical maker to earn 39 cents per share compared with 47 cents a year ago.
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By Mary Ann Milbourn, The Orange County Register, Calif.  Dec. 14--Smith Micro Software Inc. announced today that it priced its  secondary offering of 4.5 million shares at $14.75 a share.
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The chip maker Texas Instruments revised its third-quarter forecast, saying it expected earnings of 49 cents to 53 cents a share on revenue of $3.56 billion to $3.72 billion.
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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.