Smithfield Foods (SFD) Bouncing 8% Today
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Smithfield Foods, Inc. (NYSE: SFD) is bouncing 8% today and gaining back some of the sell off that took place in its stock last week because of the Swine Flu virus or H1N1.
Yesterday, Smithfield Foods reaffirmed that there was no evidence of the presence of H1N1 influenza in any of the company's swine herds or in its employees at any of its worldwide operations, including those in the United States.
Smithfield Foods issued this statement following the announcement by the Canadian Food Inspection Agency (CFIA) that officials have tentatively confirmed that swine from a herd in Alberta, Canada, have tested positive for H1N1. Further tests are underway to determine whether the virus in these animals is the A(H1N1) virus which is currently causing illness in humans.
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Smithfield Foods, Inc. is a hog producer, and pork processor.
Yesterday, Smithfield Foods reaffirmed that there was no evidence of the presence of H1N1 influenza in any of the company's swine herds or in its employees at any of its worldwide operations, including those in the United States.
Smithfield Foods issued this statement following the announcement by the Canadian Food Inspection Agency (CFIA) that officials have tentatively confirmed that swine from a herd in Alberta, Canada, have tested positive for H1N1. Further tests are underway to determine whether the virus in these animals is the A(H1N1) virus which is currently causing illness in humans.
Subscribe to EasyStockAlerts.com & Get real-time e-mail alerts when news hits your stocks!
Smithfield Foods, Inc. is a hog producer, and pork processor.
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