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Thursday, April 23, 2009
Brazil meatpacker JBS sells US$700M bond
April 23, 2009 Brazil meatpacker JBS sells US$700M bond                                Brazil's JBS S.A. on Wednesday (Apr 22) sold US$700 million in five-year bonds to yield 13 percent, according to a term sheet obtained from a fund manage ...
Thursday, April 16, 2009
Brazil's JBS to sell US$400 million in 2014 bonds
April 16, 2009 Brazil's JBS to sell US$400 million in 2014 bonds                                   Brazil's JBS, the world's largest beef producer, said Tuesday (Apr 14) its subsidiaries JBS USA, LLC and JBS USA, Finance Inc will issue US$4 ...
Tuesday, April 7, 2009
JBS Swift Australia adopts Tasmanian brand beef
April 7, 2009 JBS Swift Australia adopts Tasmanian brand beef JBS Swift Australia is promoting Tasmania's branded quality grass-fed beef, as part of a broader move into MSA tenderness guarantee programmes across most of its processing plant ...
Friday, March 13, 2009
JBS may double dividend payment
March 13, 2009 JBS may double dividend payment The Board of Directors of JBS S.A. may double the dividend payment for the 2008 financial year due to its successful trading performance. This proposal would raise the dividend payments from R$ ...
Friday, March 6, 2009
JBS to boost slaughter capacity in Brazil by 10 percent
March 6, 2009 JBS to boost slaughter capacity in Brazil by 10 percent     JBS SA director of investor relations Jerry O'Callaghan said on Wednesday (Mar 4) that the company is currently in a two-year process of raising slaughter capacity in ...
Thursday, March 5, 2009
JBS appoints new President and Chief Operating Officer
March 5, 2009 JBS appoints new President and Chief Operating Officer                                              JBS SA, the world's largest beef processor, has named Richard Vesta as the President and Chief Operating Officer of JBS USA LL ...
Wednesday, March 4, 2009
JBS to boost production and manpower amid economic slowdown
March 4, 2009 JBS to boost production and manpower amid economic slowdown                                       Brazilian meatpacker JBS SA said Monday (Mar 2) it is planning to increase production and hire more workers in the face of probl ...
Monday, February 23, 2009
JBS reports Q4 loss on falling beef prices, lower margins
February 23, 2009 JBS reports Q4 loss on falling beef prices, lower margins                                             JBS SA, the world's largest beef processor, has reported a fourth-quarter loss due to falling beef prices and lower marg ...
Saturday, February 21, 2009
JBS scraps National Beef acquisition
February 21, 2009 JBS scraps National Beef acquisition   Brazilian beef producer JBS has called off the US$560 million acquisition deal for Kansas-based National Beef Packing Co. LLC. JBS announced March 2008 it would acquire National Beef ...
Friday, January 30, 2009
JBS, National Beef merger hearing postponed again
January 30, 2009 JBS, National Beef merger hearing postponed again                                                The court hearing on the US Justice Department's effort to prevent Brazilian beef company JBS from buying US-based National Be ...
Thursday, January 8, 2009
Cremonini and JBS raked up US$75 million gross profit
January 8, 2009 Cremonini and JBS raked up US$75 million gross profit                            Italian beef group Cremonini, recently associated with JBS Brazil, have turned in half year gross profits of US$75 million, with a net six- mon ...
Saturday, November 15, 2008
US livestock groups sue to block JBS Swift, National merger
November 15, 2008 US livestock groups sue to block JBS Swift, National merger R-CALF USA and the Organisation for Competitive Markets on Thursday (November 13, 2008) filed litigation in US District Court against the proposed acquisition of ...
Wednesday, November 5, 2008
JBS Q3 net profit hits US$327.1 million
November 5, 2008 JBS Q3 net profit hits US$327.1 million                                                      World leading beef producer JBS has posted a third-quarter net profit of BRL 694 million (US$327.1 million), compared with a year- ...
Friday, October 24, 2008
Sale of operations from Smithfield Foods to JBS completed
October 24, 2008 Sale of operations from Smithfield Foods to JBS completed Smithfield Foods Inc. announced that it has completed the previously announced sale of Smithfield Beef Group, Inc., its beef processing and cattle feeding operation, ...
Tuesday, October 21, 2008
US DOJ attempts to prevent JBS-Swift's from purchasing National Beef
October 21, 2008 US DOJ attempts to prevent JBS-Swift's from purchasing National Beef The US Department of Justice filed a civil antitrust lawsuit Monday, 20 October 2008 in US District Court in Chicago to block JBS-Swift & Co.'s proposed a ...
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