|Bid||4.85 x 21500|
|Ask||8.60 x 2900|
|Day's Range||7.71 - 7.98|
|52 Week Range||4.65 - 8.12|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.65|
Executives at Brazilian food company BRF SA have recently traveled to Saudi Arabia to discuss ways in which to expand its presence in that key market, according to management remarks to journalists on ...
U.S. markets however, opened lower after President Donald Trump said he was in "absolutely no rush" to finalize a trade agreement with China. MSCI's index of Latin American stocks slid about 0.5% on the trade-related jitters and weakness in Brazil's Bovespa which came on the back of some disappointing earnings. BRF, the world's largest chicken exporter, slid 2.5% after the company said it lost money for the third consecutive quarter grappling with higher feed costs and trade restrictions in key markets such as Saudi Arabia.
Brazilian food processor BRF SA said it requested Chinese authorities certify an additional four plants to export meat products, as a deadly hog virus sweeping across the Asian country boosts potential ...
Brazilian food processor BRF SA, the world's largest chicken exporter, said it lost money for the third consecutive quarter as the company grapples with higher feed costs and trade restrictions in key ...
SÃO PAULO, April 29, 2019 /PRNewswire/ -- BRF S.A. ("BRF" or "Company") (B3: BRFS3; NYSE: BRFS) announces to its shareholders and the general market that it filed, on April 29, 2019 ...
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Moreover, they are more willing to […]
The board of Brazilian food company BRF SA has elected Lorival Luz as its new global chief executive replacing Pedro Parente, according to a securities filing on Thursday. The decision is effective from ...
Brazilian food processor BRF SA said it lost money for the third consecutive year as trade embargoes, fallout from a food safety investigation and Brazil's feeble economy thwarted efforts to turn the firm around in 2018. The company posted a net loss of 4.46 billion reais ($1.19 billion) for 2018, a 306 percent increase from the previous year, the company said in a securities filing on Thursday. BRF also posted a wider-than-expected fourth-quarter net loss of 2.125 billion reais ($569 million), its second consecutive quarterly shortfall.
Brazilian food processor BRF SA posted a wider-than-expected fourth-quarter net loss on Thursday as trade embargoes, fallout from a food safety investigation and Brazil's feeble economy thwarted management's ...
SAO PAULO/BRASILIA, Feb 21 (Reuters) - Brazilian laboratories involved in a food safety scandal at meatpacker BRF SA have lost their accreditations from a government agency, an official at the Agriculture Ministry told Reuters on Thursday. Agriculture Defense Secretary José Guilherme Leal said that three laboratories owned by Mérieux Nutrisciencies Corp in Brazil, which performed testing on BRF products, were no longer authorized to perform food safety testing, having lost what is known as ISO 17025 accreditation.
Latin American currencies were mixed on Friday with the Mexican peso slipping against a strong dollar but Brazil's real rising, bucking a negative trend among its emerging market peers as investors cheered ...
A Brazilian prosecutor investigating whether food processor BRF SA colluded with a laboratory group to evade food safety rules gave the country's agriculture ministry a 10-day deadline to share findings from its own administrative probe related to the scandal, according to a court filing dated Thursday. Federal prosecutor Lyana Helena Joppert Kalluf has also lifted a confidentiality order on part of the information related to a criminal probe she oversees, a move designed to give "transparency" to the ongoing proceedings, the filing showed. The prosecutor is requesting information related to the agriculture ministry's move to suspend Mérieux NutriSciences Brasil's laboratories following the start of a federal police investigation into an alleged scheme to avoid food safety checks.
Moody's Investors Service, Inc. ("Moody's") has assigned Baa2 ratings to $2.8 billion of senior unsecured notes being offered today by Tyson Foods, Inc. ("Tyson") in multiple tranches. Today's offering includes two new debt instruments in 7- and 10-year tranches and an add-on to the existing $500 million 5.1% notes due September 2048 that were issued last September. Completion of the offering will significantly improve Tyson's liquidity profile, which has been burdened with $3.1 billion of near-term debt maturities and only about $1.4 billion of cash and unused capacity under its $1.75 billion revolving credit facility that backs its commercial paper program.
Brazilian food processor BRF SA recalled almost 500 tonnes of fresh chicken products on Wednesday due to salmonella contamination worries, in a move affecting several key export markets in Asia, Africa and the Middle East. The recall deals another blow to the food processor, which is struggling under trade bans in the European Union after accusations that it colluded with health inspectors and accredited laboratories to evade food safety checks. BRF said in a regulatory filing it was recalling 164.7 tonnes of fresh chicken destined for the domestic market and another 299.6 tonnes destined for the international market as a precautionary measure.
Brazilian food processor BRF SA said on Wednesday that a decision to recall fresh chicken products due to possible salmonella contamination affected nine export destinations. A spokeswoman told Reuters ...
Brazilian food processor BRF SA recalled 164.7 tonnes of fresh chicken destined for sale in the domestic market due to the risk of salmonella contamination, according to a securities filing on Wednesday. BRF also said it removed another 299.6 tonnes of fresh chicken destined for the international market as a precautionary measure for the same reason.
Moody's Investors Service ("Moody's") comments that the sale of BRF S.A.'s (Ba2 negative) operations in Europe and Thailand to Tyson International Holding Co, a subsidiary of Tyson Foods, Inc. (Baa2 stable) is credit positive as it will support the company's deleveraging strategy.
Brazilian food processor BRF SA on Thursday fell short of raising 5 billion reais at the end of an asset sale program, causing shares of the world's largest chicken exporter to drop by almost 5 percent. In a securities filing, BRF said it had completed all divestitures after agreeing to sell its units in Europe and Thailand to Tyson Foods for $340 million. BRF said it raised a total of 4.1 billion reais ($1.10 billion) from the divestitures and other initiatives to raise cash, including issuance of securitized receivables and sale of non-core assets like real estate.
Brazilian food processor BRF SA will not pursue additional asset sales after falling short of reaching a target of 5 billion reais from divestitures and other initiatives to raise cash, management said ...