Forbes' latest edition of its Fresh Take newsletter covers a busy week in Washington, Smithfield's IPO, egg and Super Bowl ...
The public offering came in at $522 million, although the pork producer had anticipated more than $900 million.
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GlobalData on MSNSmithfield Foods IPO pricing falls short of targetThe offering has been priced at $20 per share, not the $23 to $27 range suggested by the meat giant last week.
The U.S. IPO market is moving forward with a steady flow of applicants. Investors this week are awaiting the U.S. Fed's commentary on the state of the economy while sifting through a myriad of ...
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.
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after pricing shares below their marketed range.
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
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 ...
Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other ...
US meat heavyweight Smithfield Foods is set to raise less than it anticipated from an IPO as pricing fell short of target. The initial pricing guidance of $23 to $27 a share would have raised as ...
The Associated Press on MSN14d
Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird fluSmithfield Foods' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more ...
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