Biz Dev in NYC by Rob Tsai

(aka Zenrob's) personal blog on investments and business development

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Entries Tagged as 'SDA'

Bacon tastes good. BUY Sadia, but don’t pig out!

October 9th, 2007 · No Comments

From Seeking Alpha:
Shares of hog and beef producer Smithfield Food Inc. were down Monday, as analyst slashed the company’s projected earnings based on weak hog prices and growing hog supply.  BB&T downgraded Smithfield from a buy to a hold, and cut its current quarter earnings target to $0.17/share from $0.48/share. "Hog-production profitability has deteriorated dramatically […]

Tags: investing · SDA · SFD