Reuters FILE PHOTO: A sculpture adorns Smithfield Foods' hog slaughterhouse in Smithfield, Virginia, U.S. October 17, 2019. Picture taken October 17, 2019. REUTERS/Tom Polansek/File Photo ...

Smithfield Foods also said it would transfer some of its hog farming operations to a venture controlled by Murphy Family Ventures in North Carolina, Bloomberg reported earlier in December. According ...

In the document registered with the US Securities and Exchange Commission (SEC), Smithfield Foods said it would offer a total of 34.8 million shares priced in a range of $23 to $27 as it seeks a ...

The hog production business reported operating profit of $1 million in the quarter that ended on March 30, compared to a loss of $174 million a year earlier. Its sales jumped 32% to $932 million.

Starting in the 1980s, the company began acquiring other pork producers and processed meat brands, including Carroll’s Foods, the second-largest hog production company in the U.S. in 1999, and ...

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 offering of 26 million stock ...

It believes that Smithfield is worth much more than $34 per share, based on its sum-of-parts valuation. Smithfield operates in three main business segments: Hog production, international and pork.