Sweetened Offer Gets Dole OK

The chairman and CEO of Dole Food Co. (NYSE: DOLE), David H. Murdock, made a $12 a share offer to acquire the 60% of the company's stock he did not...

Beef: Prices Rising or Falling?

Last week privately held Cargill Inc. announced that it would close its beef processing plant in Plainview, Texas, due to a drop in the number of...

Smithfield Foods Brings Home the Bacon

Smithfield Foods reported stronger results for its fiscal first quarter Wednesday as costs fell and sales rose. Net income at Smithfield for the period that ended Aug. 1 was $76.3 million compared to a loss of $107.7 million a year earlier, which beat analysts' expectations.