Smithfield Foods targets up to $10.7 billion valuation in US IPO
(Reuters) – Smithfield Foods is targeting a valuation of up to $10.73 billion in its U.S. initial public offering, the Farmland (NYSE:FPI) bacon maker said on Tuesday. Hong Kong-based WH Group (OTC:WHGLY), the world’s largest pork producer, is spinning off Smithfield
D.R. Horton shares jump as fiscal Q1 results come ahead of estimates
Investing.com — DR Horton Inc (NYSE:DHI) shares jumped 6% in premarket trading Tuesday after the home construction company reported better-than-expected results for the fiscal Q1 2025. The company posted Q1 earnings per share (EPS) of $2.61, beating analyst expectations of $2.38. Revenue
Smithfield Foods Launches 34.8M Share IPO at $23-$27/sh
Smithfield Foods, Inc. (SFT), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that the Company has commenced the roadshow for an underwritten initial public offering of 34,800,000 shares of its
3M beats Q4 expectations, full-year outlook in-line
Investing.com — On Tuesday, 3M Co. (NYSE:MMM) reported fourth-quarter results that exceeded analyst expectations, while its 2025 earnings outlook was largely in line with consensus estimates. The company’s stock edged up 0.75% following the announcement. The industrial conglomerate posted adjusted earnings per
3M earnings beat by $0.01, revenue topped estimates
Investing.com – 3M (NYSE: MMM) reported fourth quarter EPS of $1.68, $0.01 better than the analyst estimate of $1.67. Revenue for the quarter came in at $6.01B versus the consensus estimate of $5.78B. Guidance 3M sees FY 2025 EPS of $7.60-$7.90 versus