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Monday, August 19, 2024
Chicken, pork operations help power JBS SA's shares to two-year high
JBS SA's shares surged to a fresh two-year high after a major rebound in the company's chicken and pork operations drove stronger-than-expected results.
Monday, August 21, 2023
JBS SA reports Q2 net income loss amid global meat market challenges
Major global meat company JBS SA has disclosed a net income loss of BRL 263.6 million reals (~US$53.2 million; BRL 1 = US$0.20) for the fiscal second quarter that concluded on June 30, 2023, due to an oversupply within the global poultry ma ...
Thursday, April 20, 2023
JBS SA to pay US$235 million in beef price-fixing settlement
JBS SA has agreed to pay US$25 million to commercial beef purchasers, who accused JBS of conspiring with industry rivals to limit market supply in order to keep prices artificially high, XM News reported.
Monday, May 16, 2022
JBS says COVID-19 lockdowns in China will not affect meat demand
Major Brazilian meatpacker JBS SA said COVID-19 related lockdowns in China will not affect demand for JBS meat products in the country, despite the lockdowns resulting in logistics issues, Reuters reported.
Wednesday, March 23, 2022
JBS says its US domestic and international businesses will continue to drive performance
Brazilian major meatpacker JBS SA said its North American operations will continue to drive performance, as the company stands to benefit from strong US domestic demand and steady meat exports to Asian markets, especially to China, Reuters ...
Wednesday, March 23, 2022
JBS SA earns US$1.31 billion in Q4 2021, surpassing analysts' expectations
Brazilian major meatpacker JBS SA earned US$1.31 billion in Q4 2021, surpassing analysts' expectations thanks to exports to China, Reuters reported.
Thursday, January 21, 2021
JBS says China lifted import bans from its two Brazilian meat plants
Major Brazil-based meatpacker JBS SA said China had lifted a ban on imports from its two meat plants imposed late last year over COVID-19 issues, Reuters reported.
Wednesday, June 3, 2020
Brazilian labour prosecutors' office sues JBS SA over Brazilian indigenous workers' rights violations
A suit was filed by the Brazilian labour prosecutors' office towards JBS SA, which had allegedly fired 40 workers from the Kaingang tribe from its plant in south Brazil because of COVID-19, Reuters reported.
Tuesday, May 19, 2020
Brazilian meatpacker JBS SA pursues legal action to reopen poultry plant
The plant in Ipumirim, Santa Catarina state was ordered to close by a local labour authority to prevent the spread of COVID-19, reported Reuters.
Friday, March 27, 2020
Meatpacker JBS SA prepared for COVID-19 possible disruptions
The company said it was not affected by China's port disruptions and has introduced measures to boost exports particularly to China, reported Reuters.
Wednesday, February 20, 2019
JBS SA to receive about 30,000 tonnes of corn from Argentina
February 20, 2019 JBS SA to receive about 30,000 tonnes of corn from Argentina   Brazil's JBS SA will be receiving its initial shipment of about 30,000 tonnes of imported corn which will be used as feed at meat processing facilities in the ...
Tuesday, September 12, 2017
Pilgrim's Pride to acquire Moy Park from JBS SA
Pilgrim's Pride will acquire UK poultry producer Moy Park from JBS SA in a GBP790 million (US$1.04 billion) deal, Bloomberg reports.
Friday, December 4, 2015
JBS SA to expand processing capabilities of Brazilian plants
December 4, 2015 JBS SA to expand processing capabilities of Brazilian plants JBS SA will be planning for a major expansion of its processing capabilities in Brazil, at an overall cost of BRL1.167 billion (US$310.3 million), the state gover ...
Thursday, February 13, 2014
JBS SA acquires poultry processor Frinal
February 13, 2013   JBS SA acquires poultry processor Frinal     JBS SA, the world's largest meat processor,  is set to acquire Brazil-based Frinal, a poultry processor based in Garibaldi, Rio Grande do Sul state, according to news reports. ...
Tuesday, October 25, 2011
JBS SA gets warning for using illegally raised cattle
October 25, 2011 JBS SA gets warning for using illegally raised cattle  Federal prosecutors had issued a warning to JBS SA, which runs Brazil's largest slaughterhouse for using illegally raised cattle, reports the Associated Press. The atto ...
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