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The Latest Breaking News from Smithfield

Smithfield Foods Roasts Q4 Estimates: Is a $30 Price Handle Near?

Smithfield Foods is on track to hit new highs amid growth, margin expansion, dividend increases, and bullish analyst activity.

MarketBeat

Stocks Slide Again as Crude Oil Controls: Stock Market Today

The energy shock is starting to show up in survey data, with a resolution of Middle East oil and gas infrastructure disruptions still well over the horizon.

Kiplinger

The Hot Dog Hedge: Smithfield Acquires Nathan’s Famous

Smithfield Foods leverages its cash reserves to acquire Nathan's Famous in a strategic move that secures brand ownership and eliminates future royalty fees.

MarketBeat

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Nathan's Famous Hot Dog Chain Bought by Chinese Pork Producer Smithfield Foods

Nathan's Famous hot dog chain is acquired by Chinese-owned Smithfield Foods in a $450 million deal.

International Business Times

Iconic hot dog maker Nathan’s Famous sells for $450 million in all-cash deal

Following the announcement, Nathan's shares surged by nearly 9% in midday trading

The Independent UK

8 Best New Grocery Items at BJ’s Wholesale Club To Help Combat Inflation

GOBankingRates shopped the BJ's website for the best new grocery deals.

GOBankingRates

Smithfield Foods Analysts Boost Their Forecasts After Q2 Results

Smithfield Foods, Inc. (NASDAQ:SFD) reported in-line earnings for the second quarter on Tuesday.

Benzinga

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Smithfield Foods Raises Annual Profit Outlook On Hog Segment Strength

Smithfield Foods, Inc. (NASDAQ:SFD) shares are trading lower on Tuesday.

Benzinga

Smithfield and Billingsgate market redevelopment plans begin – but traders’ future in doubt

City of London Corporation sets up regeneration team but has not allocated any new money for the project

The Guardian - UK

AP PHOTOS: Meat and greet: Historic London market counting down the years

Norman Gregory is an institution within an institution. He’s been working at the historic Smithfield wholesale meat market in central London since 1961, witnessing first hand the rapid transformation of the capital over the decades.

The Independent UK

Pork giant Smithfield's CEO touts growth outlook, minimizes threats from deportations, bird flu

Smithfield Foods' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more attractive ever since COVID tore through the industry during the pandemic will help it weather the impact of President Donald Trump’s promised mass deportations

The Independent UK

Hong Kong-Based Company Spins Off Pork Producer Smithfield Foods

Smithfield Foods, the largest pork processor in the country, announced it will not close additional plants as it focuses on growth following its initial public offering (IPO), CEO Shane Smith said Tuesday.

International Business Times

Meat traders agree plan for 'New Smithfield' market in London after permanent closure fears

Both Smithfield and Billingsgate Markets face uncertain futures with closure of their current sites due in 2028

Evening Standard

Smithfield Market: chefs bemoan the coming closure of one of London's only 24-hour operations

Smithfield dates back to 1327, when Edward III gave the City of London Corporation the right to run a meat market

Evening Standard

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Evening Standard

Butchers tell of 'nightmare' as Smithfield market set to close after 900 years

‘It’s going to be a nightmare for some of the butchers in London’ said one trader

Evening Standard

OPINION - London must not make the same mistake as Paris, now that Smithfield market is closing

Smithfield Market will close, but it doesn’t have to be like this, writes business editor Jonathan Prynn

Evening Standard

OPINION - The Standard View: The ending of 900 years of Smithfield Market is a shameful abdication of duty

The City of London is a world-leading business and financial district. One only has to gaze up to see the extraordinary skyscrapers, full of workers in offices, or dining restaurants, or enjoying luxury living accommodation. Yet one only also has to look a little lower down to understand the City…

Top News

Smithfield Foods Agrees To Million Settlement For Child Labor Violations

Smithfield Foods settles for million over child labor violations at its Minnesota plant, emphasizing the need for workplace safety and compliance with r...

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The Independent UK

Smithfield agrees to pay $2 million to resolve child labor allegations at Minnesota meat plant

One of the nation’s largest meat processors has agreed to pay $2 million to resolve allegations of child labor violations at a plant in Minnesota

Evening Standard

"Smithfield made a man out of me" - Valentina's deli entrepreneur

Bruno Zoccola on the ups and downs of deli business Valentina - the original deli and restaurant chain collapsed in 2018 but a new business saw online sales take off

Evening Standard

Fortnum & Mason meet St. John: historic department store has makeover for restaurant residency

For the first time in its history, F&M is hosting a restaurant pop-up. Josh Barrie takes a peek inside

Motorsport

Aric Almirola will not return to SHR Cup ride in 2024

Almirola had originally planned to retire at the end of last season but decided to remain at least one more year in SHR’s No. 10 Ford. He has been mulling over a return for the last several months.

Tribune News Service

Cargill ends contract with meatpacking cleaning service that illegally hired minors

Cargill, one of the nation's largest beef producers, has cut ties with a Wisconsin-based janitorial service that employed underage workers in violation of federal labor law.

Tribune News Service

Black workers fueled North Carolina's labor movement in the past — and are dictating its future

Inside the archives, a closet crowded with binders and manila folders shelved in clear bins, Angaza Laughinghouse took a moment to strategize which bin to pull out first.

The Independent UK

'Don't Look Back': Refugee, plant worker writes of survival

When hundreds of Achut Deng's colleagues at a South Dakota meatpacking plant were sickened by COVID-19, Deng spoke out to tell of the fear gripping the Sioux Falls workforce

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