Smithfield Foods Inc. (NYSE: SFD) posted a third quarter loss of 72 cents per share compared with income of 41 cents per share in the year ago period, but the results for the pork producer were better than expected. The stock price leaped $2.02 to close at $7.97.
Smithfield Foods Beats Estimates
March 12, 2009 at 18:13 PM EDT