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.
Richard Bellew, a retired U.S. Navy officer, started the new year with a $100,000 win playing the Virginia Lottery’s Knight’s Bounty online
Smithfield Foods ( SFD, Financials) launched its IPO on Tuesday, starting trading at $21.05 before falling to $20.18 by midday. On Wednesday, shares were priced at $19.29 as of 3:34:43 PM EST, reflecting a 3.5% drop from the previous close.
Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading values the food processing giant at just over $8.0 billion.
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its common stock. The initial public offering price is expected to be between $23.00 and $27.00 per share. The range values the Virginia-based company at $10.7 billion at the high point.
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 offering of 26 million stock shares at $20 per share on the Nasdaq Global Select Market,
First responders recovered a car Sunday afternoon that had been submerged in frozen-over Cheat Lake — but Monongalia County Sheriff Todd Forbes said he couldn’t confirm if the deceased man inside was Kevin Lataille,
PORTSMOUTH, Va. (WAVY) — Four Hampton Roads lottery players won big in the past couple months. The three winners come from Virginia Beach, James City County, Smithfield and Cape Charles.
CHEAT LAKE, W.Va. (KDKA) -- Emergency responders say they have recovered a car from a West Virginia lake with a missing Fayette County man inside.
The IPO valued the pork producer at $7.95 billion, ahead of a market debut that will see the company return to a U.S. exchange after more than a decade. The offering was priced at $20 per share, Smithfield said, below the $23-$27 per share range that would have raised as much as $939.6 million.
Smithfield Foods Inc. and its owner are guiding prospective investors that its initial public offering is likely to price at $20 per share, below the marketed range, according to a person familiar with the matter.