Smithfield Foods to Keep US Pork Plants Open, Eyes Tariffs Amid IPO, CEO Says
(Reuters) - Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group.
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Smithfield Foods raises $522 million, pricing IPO below expected range
This story incorporates reporting from Virginia Business, Investopedia on MSN.com and MSN.Smithfield Foods successfully raised $522 million through its initial public offering listed on the Nasdaq Global Select Market.
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.
Pork Producer Smithfield Shares Rise After $522 Million IPO
Smithfield Foods Inc. shares rose about 2% in the pork producer’s return to being a public company, after the stock priced below the range offered in its IPO.Most Read from BloombergTexas HOA Charged
Bacon giant Smithfield Foods’ stock rises after IPO as Wall Street bites at reduced price
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the stock market about 12 years after China’s WH Group took it private.
How will Trump deportations impact Virginia-based Smithfield Foods?
Smithfield Foods' CEO says he hopes that everything the company has done to make working in its plants more attractive ever ...
Pork Giant Smithfield Returns to U.S. Stock Market
Smithfield completed an initial public offering and is expected to start trading on the Nasdaq on Tuesday under the symbol ...
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Smithfield Foods raises $522M in first day on Nasdaq
Listen to this article Smithfield Foods officials rang the opening bell Tuesday at the Nasdaq MarketSite in New York City, as the packaged meat and fresh pork giant launched its initial public ...
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Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird flu
CEO Shane Smith says he believes the company is ... generating about $522 million for the Smithfield, Virginia-based company. Smith said he is watching President Trump’s immigration policies ...
Smithfield Foods valued at $7.7 billion in lukewarm market debut
Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other ...
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Smithfield Foods gives 1,000 holiday hams to Eastern Carolinians in need
Smithfield also held a similar event in Smithfield, Virginia on Friday ... and individuals are facing food insecurity,” said Shane Smith, president and chief executive officer for ...
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The 2025 Virginia Black Business Leaders Awards: The Achievers
Listen to this article Black business leaders have played a pivotal role in shaping modern Virginia’s economic and cultural landscapes and driving progress across industries and communities. From the ...
High school scoreboard: No. 12 Denbigh boys upset No. 6 Hampton in boys basketball
No. 4 Poquoson defeated Peninsula Catholic and Denbigh in back-to-back wrestling duals, ending with senior Christian Leonard recording a 22-5 win by technical fall.