Smithfield Foods swung to a loss in its fiscal first-quarter due in part to a $20.1 million write-down in the value of commodity contracts.

Pork producer Smithfield Foods Inc. said Monday it will sell Groupe Smithfield Holdings SL, its main European subsidiary to Campofrio Alimentacion SA, the largest processed meats company in Spain.Campofrio will issue shares to Smithfield Foods and its...

Sen. Edward Kennedy enjoyed the Father’s Day weekend surrounded by family at his home and preparing to “do battle,” undergoing radiation and chemotherapy treatments for his brain cancer, said his son, Rep. Patrick Kennedy.The Rhode Island congressman...

Pork producer Smithfield Foods Inc. said Monday it named Robert W. Manly IV as its new chief financial officer, effective July 1.Manly previously served as an executive vice president at the company. The 55-year-old previously served as president and...

Pork producer Smithfield Foods said Thursday that third-quarter profits fell about 10 percent on lower live hog prices and higher raising costs, but the results beat expectations handily.The nation’s largest hog producer and pork processor also forecast...

Pork producer Smithfield Foods says third-quarter profits fell about 10 percent, mainly because of lower live hog prices and a higher tax rate.The pork producer says net income dropped to $54.6 million, or 41 cents per share, from $60.4 million, or 54...

A man accused of decapitating his 4-year-old daughter last year was mentally ill, a judge ruled Thursday.John Violette’s wife, Amber, found the child’s body in the family’s home last January. An autopsy determined she died of a stab wound before the...

Pork and meat producer Smithfield Foods Inc. said Thursday its fiscal second-quarter profit dropped 61 percent due to hefty charges related to a swine fever outbreak, higher costs and lower hog prices.For the quarter ended Oct. 28, net income fell to...