|Bid||5.510 x 3200|
|Ask||5.520 x 4000|
|Day's Range||5.480 - 5.600|
|52 Week Range||4.650 - 14.030|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||8.48|
Brazil's BRF SA the world's largest chicken exporter, said on Friday it has been cooperating with authorities handling a probe into whether it colluded with health officials to evade food safety checks, lifting its shares 1 percent in early trading. Reuters reported exclusively on Sept. 12 that federal prosecutors leading the probe were seeking cooperation from the firms involved in return for more lenient penalties. The scandal involving food processor BRF, has disrupted production and caused the temporary closure of export markets to certain Brazilian meat producers.
Brazilian food company BRF SA , which is being investigated for allegedly colluding with health inspector officials to evade food safety checks, said on Friday it has been cooperating with the authorities ...
Brazilian food processor BRF SA is negotiating a possible leniency deal with authorities regarding its role in a far-reaching scheme to undermine Brazil's food inspection system, local newspapers reported on Thursday. BRF has proposed that as part of the leniency deal, it will detail the system of bribes that it paid out to Ministry of Agriculture officials.
NEW YORK, Oct. 17, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Brazilian police have referred two former executives of food processor BRF SA (BRFS3.SA) to federal prosecutors in an investigation into food safety that disrupted meat production in 2017, documents seen by Reuters showed on Monday. The allegation is that former BRF Chairman Abilio Diniz and former Chief Executive Officer Pedro de Andrade Faria did not disclose damaging information when they were at the company.
Executives at Brazilian food processor BRF SA detailed a turnaround plan on Monday, saying the company plans to conclude asset sales in December and naming a successor to Chief Executive Pedro Parente. Parente, who will stay on as chairman, said Chief Operating Officer Lorival Luz would succeed him as CEO, with the transition expected to be complete in mid-2019. Parente was named chairman and CEO in June as part of a management overhaul demanded by investors after consecutive money-losing quarters accompanied by allegations BRF sought to evade food safety checks for its meat.
Chief Executive Pedro Parente of Brazilian meatpacker BRF SA said on Monday that current Chief Operating Officer Lorival Luz would succeed him in the CEO role. Parente told investors and analysts after ...
Brazilian meatpacker BRF SA aims to reverse a drop in profit margins by 2019 and return to historic margin levels by 2020, according to an investor presentation released on Monday. The company is also ...
Brazil's largest poultry processor BRF SA has seen rising competition for corn supplies in the country's center-west region coming from plants producing corn-based ethanol, Chief Executive Pedro Parente said on Wednesday. Corn-based ethanol is a relatively new trend in Brazil, but has been developing quickly in center-west states such as Mato Grosso due to the ample supplies of the cereal. "We have seen an increase in consumption of corn by ethanol makers in Mato Grosso and Goiás, they became a relevant corn user," said Parente at a presentation in a seminar organized by broker and analyst INTL FCStone in Sao Paulo.
Brazil's largest poultry processor BRF SA has seen rising competition for corn supplies in the country's center-west region coming from plants producing corn-based ethanol, Chief Executive Pedro Parente said on Wednesday. Corn-based ethanol is a relatively new trend in Brazil, but has been developing quickly in center-west states such as Mato Grosso due to the ample supplies of the cereal.
Brazilian federal prosecutors probing whether chicken processor BRF SA (BRFS3.SA) and certain laboratories colluded to cheat on food safety tests are seeking cooperation from the firms in return for more lenient penalties, a federal prosecutor told Reuters in an interview. Prosecutors had found "grave irregularities" and would demand that the companies carry out a root-and-branch restructure as part of any leniency deal, federal prosecutor Lyana Helena Joppert Kalluf said last week. Police raids of three testing laboratories owned by Mérieux NutriSciences Brasil and used by BRF had turned up data showing a "systematically" high number of false positives for the salmonella pathogen, according to court documents seen by Reuters that were previously sealed.
The chief investment officer of Brazilian pension fund Previ said on Tuesday the fund needed more details to approve a proposed deal between Embraer SA and Boeing Co.. The fund, a shareholder in Embraer, was favorable "in principle" towards the deal, but needed details on how much debt and which assets would be transferred to the new company in which Boeing would have an 80 percent stake, CIO Marcus Moreira said on the sidelines of a pension fund conference. Previ has a 3.9 percent stake in Embraer, but according to intricate Embraer bylaws, the votes of Brazilian shareholders should represent 60 percent of total votes.
Brazilian food company BRF SA has named Elcio Ito as chief financial officer replacing Lorival Luz, who had held the role on an interim capacity, according to a securities filing on Monday. The board, ...
NEW YORK, Aug. 22, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Groupon, ...
Brazilian food processor BRF SA said there are potential bidders for "all" of its Argentine assets, an executive told reporters in a conference call on Friday to discuss second-quarter earnings. ...
Brazil's largest chicken processor, BRF SA, said a ban imposed by the European Union on its meat exports will be difficult to reverse in the short term, according to management remarks on a conference ...
NEW YORK, NY / ACCESSWIRE / August 10, 2018 / BRF SA Sponsored ADR (NYSE: BRFS ) will be discussing their earnings results in their Q2 Earnings Call to be held on August 10, 2018 at 10:00 AM Eastern Time. ...
BRF (NYSE: BRFS ) announces its next round of earnings Friday. Here's Benzinga's advanced look at BRF's Q2 earnings report. Earnings and Revenue Analysts are predicting BRF will report a loss of 10 cents ...
Brazilian food processor BRF SA said in a securities filing on Monday that it had hired the investment banking units of Itaú Unibanco Holding SA and Banco Bradesco SA to advise it on the sale of its Argentine ...
SAO PAULO/BRASILIA, July 10 (Reuters) - BRF SA, one of the world's largest pork and poultry processors, said on Tuesday it would furlough 1,400 workers at a plant in southern Brazil for up to five months, following on a major restructuring plan announced last month. The furloughs will affect staff associated with the chicken slaughtering and processing lines in its Chapeco unit in Santa Catarina state and begin on Aug. 29, BRF said in a statement.
BRF SA, the world's largest poultry exporter, is in talks to refinance bank debts, opening a new front in a sweeping turnaround plan, a Brazilian newspaper reported on Wednesday. New Chief Executive Pedro Parente has already sat down with representatives of Banco do Brasil SA, Banco Bradesco SA and Itaú Unibanco Holding SA, in a bid to lengthen the maturity of debts, newspaper Estado de S. Paulo reported, without specifying how it obtained the information. At the end of March, BRF's gross debt totaled 20.7 billion reais ($5.3 billion), according to its quarterly earnings.
Brazil's BRF SA, one of the world's largest pork and poultry processors, announced a large restructuring plan on Friday that includes selling operations in Europe, Argentina and Thailand to cut debt. In a securities filing and a conference call with investors and analysts, the company said it will adjust operations in 22 of its 35 plants to match production to smaller demand. Last month, Pedro Parente, formerly at state-controlled oil company Petrobras, took over as chief executive.