|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||13.11 - 13.61|
|52 Week Range||6.66 - 14.10|
|Beta (5Y Monthly)||0.25|
|PE Ratio (TTM)||7.24|
|Forward Dividend & Yield||0.75 (5.70%)|
|Ex-Dividend Date||Aug 25, 2021|
|1y Target Est||N/A|
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The Biden administration is considering a proposal that could allow some pork plants to slaughter pigs more quickly if they boost staffing, a union official said, after a U.S. court struck down a Trump-era rule that removed line speed limits. The proposal put forward by Quality Pork Processors, operator of a large Minnesota slaughterhouse, and union officials could benefit companies like WH Group Ltd's Smithfield Foods and JBS USA, the North American unit of Brazilian meatpacker JBS SA. Faster slaughtering would help them increase pork production at a time of high demand and soaring bacon prices.
A labor court in Santa Catarina has confirmed an injunction ordering JBS SA, the world's largest meatpacker, to reinstate about 40 indigenous people dismissed after May 2020, as the COVID-19 pandemic started to ravage meat plants in Brazil. The court also ruled that JBS should pay individual and collective damages to the workers involved in the suit, according to a decision dated Oct. 4 seen by Reuters. In an emailed response to Reuters, JBS said it does not comment on ongoing cases.
(Bloomberg) -- Brazil’s state development bank is weighing options to unload $4 billion in JBS SA stock rather than just selling the stake through a public offering as shares in Brazilian meatpacker soar, according to people familiar with the matter.Most Read from BloombergWall Street Titans Warn of the Next Big Risks for InvestorsReshaped by Crisis, an ‘Anti-Biennial’ Reimagines ChicagoAn Unapologetic Old Boys’ Network Is Costing Australia BillionsThis Is What Europe’s Green Future Looks LikeGh