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Friday, August 26, 2011
Pilgrim's Pride combines two chicken hatchery operations
August 26, 2011 Pilgrim's Pride combines two chicken hatchery operations Pilgrim's Pride is transferring its chicken hatchery in De Queen to Nashville to improve efficiency and to make the Nashville hatchery more productive, according to th ...
Monday, August 1, 2011
Pilgrim's Pride to shut down Dallas facility
August 1, 2011 Pilgrim's Pride to shut down Dallas facility JBS USA unit Pilgrim's Pride has announced the closure of its chicken-processing plant in Dallas by September 30 due to financial strains in the poultry industry. Pilgrim's Pride P ...
Thursday, July 28, 2011
Pilgrim's Pride extends ready-to-eat poultry product recall
July 28, 2011 Pilgrim's Pride extends ready-to-eat poultry product recall Pilgrim's Pride Corporation is expanding last week's voluntary recall of ready-to-eat chicken products to Fully Cooked Chicken Breast Nuggets due to possible Listeria ...
Friday, July 22, 2011
Pilgrim's Pride recalls chicken products on listeria fears
July 22, 2011 Pilgrim's Pride recalls chicken products on listeria fears Pilgrim's Pride Corporation is recalling some 11,240 pounds of ready-to-eat chicken products on fears of Listeria monocytogenes contamination, USDA's Food Safety and I ...
Thursday, July 21, 2011
Pilgrim's Pride relies on Brazilian ally
July 21, 2011 Pilgrim's Pride relies on Brazilian ally In order to remain competitive, Pilgrim's Pride Corp. (PPC) is leaning on a major Brazilian ally in the war of attrition between US chicken producers. By many measures, Pilgrim's Pride ...
Saturday, June 25, 2011
Pilgrim's Pride changes loan agreement on feed price pressure
June 25, 2011 Pilgrim's Pride changes loan agreement on feed price pressure Pilgrim's Pride Corp., facing losses and unrelentingly high feed prices, changed its loan covenants to gain more flexibility in clearing its debt. The new terms hel ...
Wednesday, June 22, 2011
Pilgrim's Pride to avoid liquidity issues in 2011
June 22, 2011 Pilgrim's Pride to avoid liquidity issues in 2011 Pilgrim's Pride Corp.'s (PPC) chief executive admitted on Tuesday (Jun 21) that concerns on the organisation violating its debt covenants with lenders has affected company's st ...
Wednesday, June 15, 2011
High corn prices prompt Pilgrim's Pride to feed wheat to chickens
June 15, 2011 High corn prices prompt Pilgrim's Pride to feed wheat to chickens Pilgrim's Pride had begun feeding small amounts of wheat to chickens at some parts of eastern US, as corn starts to prompt at least a partial switch in feed, th ...
Tuesday, June 7, 2011
Pilgrim's Pride to delay upgrade amid decrease in profits
Jun 7, 2011 Pilgrim's Pride to delay upgrade amid decrease in profits Moody's Investors Service eliminated the hope of an upgrade for Pilgrim's Pride Corp. (PPC) anytime soon as its profitability might decline due to unexpected poor chicken ...
Monday, June 6, 2011
Pilgrim's Pride appoints new chief financial officer (Press Release)
June 6, 2011 Pilgrim's Pride appoints new chief financial officer Press Release   Pilgrim's Pride Corporation has announced that it has appointed Fabio Sandri as chief financial officer of the company, effective immediately. Sandri succeeds ...
Friday, June 3, 2011
Shares of Pilgrim's Pride decline
June 3, 2011 Shares of Pilgrim's Pride decline Chicken producer Pilgrim's Pride (PPC) plummeted 6.3% on Thursday (Jun 2), reaching a 52-week low of US$4.47/share. Pilgrim's and shares of rival producer Sanderson Farms (SAFM) have been facin ...
Monday, May 2, 2011
Higher feed cost pressure weighs on Pilgrim's Pride
May 2, 2011 Higher feed cost pressure weighs on Pilgrim's Pride Pilgrim's Pride Corp reported that it was likely to jack up prices after higher feed costs resulted in a larger-than-expected quarterly loss. Winter storms in the Southeast als ...
Wednesday, February 16, 2011
Pilgrim's Pride reports Q4 financial results
February 16, 2011 Pilgrim's Pride reports Q4 financial results Pilgrim's Pride Corporation reported net earnings of US$41.8 million, or US$0.20 per share, on net sales of US$1.8 billion for the fourth quarter ended December 26, 2010. For th ...
Monday, January 3, 2011
Pilgrim's Pride recalls chicken wings due to egg allergens
January 3, 2011 Pilgrim's Pride recalls chicken wings due to egg allergens Pilgrim's Pride Corporation is voluntarily recalling approximately 180,000 pounds of Pierce Hot & Spicy Breaded Chicken Wings, and Sweet Georgia Brand Hot & Spicy Br ...
Thursday, November 11, 2010
JBS expands stake in Pilgrim's Pride
November 11, 2010 JBS expands stake in Pilgrim's Pride Brazilian meat giant JBS has purchased seven million common shares of Pilgrim's Pride, bringing JBS's ownership of the chicken processing company to 67% from 64%. The purchase on the Ne ...
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