Wednesday, August 8, 2012

Smithfield Foods shares drop on downgrade - MarketWatch


Smithfield Foods shares drop on downgrade
MarketWatch
SAN FRANCISCO (MarketWatch) -- Smithfield Foods (US:sfd) shares dropped 4% to $17.59 Tuesday morning after Morgan Stanley downgraded the world's largest pork processor to underweight over margin pressure concerns. "When hog producers ...
Morgan Stanley Downgrades Smithfield Foods to Underweight on Deteriorating ...Benzinga

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