Smithfield Foods News

Shares of Smithfield Foods Inc. charged to their highest level in more than a year Wednesday, stoked by upbeat analyst comments and a rising number of bankruptcy filings among rival hog producers that should help cut oversupply.

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange: NYSE: Macy's Inc., down $1.57 at $17.86 The department store's third-quarter loss shrunk on inventory controls and localization, while it raised its full-year outlook.

Shares of the following companies are having unusual moves in U.S. trading this morning.

By Jim Tuttle Smithfield Times Staff Writer There is an effort underway to - revitalize' Smithfield's Main Street, but some business owners south of Cypress Creek said their part of town has long been neglected.

Utility AES sees spate of call selling : The electric utility has been dead money for the last three months, and now one investor may be throwing in the towel.

Loading... 1 of 2 Smithfield Foodsa 413,000-square-foot food packing facility, which will close soon.

For eight hours Wednesday, Christopher Newport University students, staff and administrators stuffed cardboard boxes with food in front of the Ferguson Center for the Arts .

Christopher Newport University launches a 10-hour food drive for the Peninsula Foodbank Wednesday with a multi-ton donation of ham from Smithfield Foods .

Nov. 1--The International Paper mill outside Franklin -- gone by next spring, shredding 1,100 jobs.

Loading... 1 of 2 Stihl Inc. employee Jocelyn Hull works with a tray of housings at the factory in Virginia Beach Friday.

It's flu season again - bad news for Smithfield Foods , the world's largest producer of pork.

China pledged to lift its ban on U.S. pork on Thursday and the United States took a step toward easing restrictions on chicken imports as the two superpowers agreed to tackle a series of trade irritants.

The bad news dropped like a boulder on Isle of Wight County: The International Paper plant in Franklin will close, a casualty of falling demand.

How is it possible that the NAACP is so obviously on the wrong side of so many issues? Hanging onea s hat with organized labor is one of those wrong-headed positions.

International Paper Co. is preparing to close its Franklin paper mill, leaving in its ashes a city that was built on its fortune and 1,100 workers who will lose their jobs.

International Paper Corp. will close its Franklin paper mill permanently next spring and lay off 1,100 workers.

Fitch Ratings has assigned an initial Issuer Default Rating of 'B-' to Smithfield Foods, Inc.

Filed under: Hormel Foods , Tyson Foods'A' , Smithfield Foods , Commodities Pigs at the Minnesota state fair have tested positive for the H1N1 "swine" flu virus in preliminary tests.

Kansas City-based Farmland Foods plans Friday to mark the 50th anniversary of its entry into the pork business.Once the pork products division of the cooperative giant Farmland Industries Inc., the business is now a separately operated subsidiary of Virginia-based Smithfield Foods Inc.

A day after shocking the U.S. meat industry with purchases of two big beef companies, Brazilian meat company JBS SA said Wednesday it expected U.S. authorities to approve the deals without requiring it to divest assets.