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Jul 2, 2009
Smithfield Foods Secures New Credit Line, Completes $625 Million Senior Secured Notes Offering and Replaces Term Loan
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SMITHFIELD, Va., July 2, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today that it has entered into a new $1 billion asset-based revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent. The new credit facility replaces the Company's previous U.S. revolving credit faci...
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Jun 26, 2009
Smithfield Foods Announces Pricing of $625 Million Senior Secured Notes Offering
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SMITHFIELD, Va., June 26, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today that it has priced its previously announced offering of senior secured notes due July 2014. The notes will have an interest rate of 10% per annum and will be issued at a price equal to 96.201% of their face value. The ...
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Jun 25, 2009
Smithfield Foods Announces $500 Million Senior Secured Notes Offering and Begins Arrangement of a New $1 Billion Credit Facility
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SMITHFIELD, Virginia, June 25, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today that it is initiating an offering, subject to market and other conditions, of $500 million of senior secured notes due 2014. The company intends to use the proceeds from the notes offering to repay certain indebte...
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Jun 16, 2009
Smithfield Foods Reports Fourth Quarter and Full Year Results
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SMITHFIELD, Va., June 16, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today reported fiscal 2009 fourth quarter and full year results.
Highlights
Fourth Quarter
-- Net loss was $78.8 million ($.55 per diluted share) versus net income of
$2.4 million ($.02 per diluted share) in the pri...
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May 26, 2009
Smithfield Foods to Host Fourth Quarter Conference Call June 16
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SMITHFIELD, Va., May 26, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2009 fourth quarter earnings on Tuesday, June 16 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Daylight Time, Tuesday, June 16. To listen via telephone, call (800) 230-1...
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May 14, 2009
Smithfield Swine Herd in Veracruz, Mexico Tests Negative for Human A(H1N1) Influenza
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SMITHFIELD, Va., May 14, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- C. Larry Pope, President and Chief Executive Officer of Smithfield Foods, Inc. (NYSE: SFD), sent the following letter to all employees:
To Our Employees:
I am pleased to report that the results of the testing process conducted by the Mexican government have confirmed ...
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May 3, 2009
Smithfield Foods Reaffirms No Incidence of A(H1N1) In Any of Its Herds or Employees
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Smithfield, Va., May 3, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today reaffirmed that there is no evidence of the presence of A(H1N1) influenza in any of the company's swine herds or in its employees at any of its worldwide operations, including those in the United States.
The company issued this s...
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May 1, 2009
Smithfield Sends Update to Employees on Testing Process at Veracruz Joint Venture
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SMITHFIELD, Va., May 1, 2009 /PRNewswire via COMTEX News Network/ -- C. Larry Pope, President and Chief Executive Officer of Smithfield Foods, Inc. (NYSE: SFD), sent the following update to all employees on the progress of the testing being conducted at its joint venture operation in Veracruz:
To Our Employees:
The media continues to cover the gl...
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Apr 30, 2009
Smithfield Foods Sends Letter to Employees
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SMITHFIELD, Va., April 30, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- C. Larry Pope, President and Chief Executive Officer of Smithfield Foods, Inc. (NYSE: SFD), sent the following letter to all employees:
To Our Employees:
Like you, I have been closely monitoring all aspects of the H1N1 influenza outbreak (this is the official name o...
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Apr 28, 2009
Smithfield Foods Says North American Influenza Not Present in Any of Its Worldwide Operations and Pork is Safe to Eat
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SMITHFIELD, Va., April 28, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today reiterated its prior statement that it has found no clinical signs or symptoms of the presence of North American influenza in the company's swine herd or its employees at its joint ventures in Mexico. As previously announced, t...
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Apr 26, 2009
Smithfield Foods Says It Found No Evidence of Swine Influenza at Its Mexican Joint Ventures
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SMITHFIELD, Va., April 26, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) stated that it has found no clinical signs or symptoms of the presence of swine influenza in the company's swine herd or its employees at its joint ventures in Mexico.
Those operations are cooperating with Mexican officials to assis...
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Mar 12, 2009
Smithfield Foods Announces Third Quarter Results
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SMITHFIELD, Va., March 12, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today announced third quarter results and commented on its improved balance sheet.
Third Quarter Highlights
-- Net loss was $103.1 million ($.72 per diluted share), including
non-recurring items and charges
-- ...
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Mar 2, 2009
Smithfield Foods to Host Third Quarter Conference Call March 12
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SMITHFIELD, Va., March 2, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2009 third quarter earnings on Thursday, March 12 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Daylight Time, Thursday, March 12. To listen via telephone, call (800) 2...
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Feb 17, 2009
Smithfield Foods Announces Details of Pork Group Restructuring Plan
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SMITHFIELD, Va., Feb 17, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today released additional details of a restructuring plan that will consolidate and streamline the corporate structure and manufacturing operations of its pork group and make the company more competitive. The plan will improve operatin...
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Feb 17, 2009
Smithfield Foods Announces Pork Group Restructuring Plan
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SMITHFIELD, Va., Feb 17, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today a plan to consolidate and streamline the corporate structure and manufacturing operations of its pork group to improve operating efficiencies and increase utilization. The company expects the restructuring plan will res...
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Feb 5, 2009
Smithfield Foods CEO and CFO to Present at Consumer Analyst Group of New York Conference
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SMITHFIELD, Va., Feb 05, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- C. Larry Pope, president and chief executive officer and Robert W. Manly IV, executive vice president and chief financial officer of Smithfield Foods, Inc. (NYSE: SFD), will make a presentation at the Consumer Analyst Group of New York Conference at 5:30 p.m., Eastern S...
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