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Brazil's BRF signs deal to acquire processed foods factory in China

UPDATE 1-Brazil's BRF signs deal to acquire processed foods factory in China Adds details, context in paragraphs 3-5 SAO PAULO, Nov 20 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA said on Wednesday that it has signed a binding agreement to acquire a processed foods factory in China's Henan province for $43 million. BRF said in a securities filing it will invest approximately $36 million in expanding the plant and added that it expects the factory to start operating under BRF man
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Brazil's BRF signs deal to acquire processed foods factory in China

Brazil's BRF signs deal to acquire processed foods factory in China SAO PAULO, Nov 20 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA said on Wednesday that it has signed a binding agreement to acquire a processed foods factory in China's Henan province for $43 million. BRF said in a securities filing it will invest approximately $36
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Xi and Lula elevate China-Brazil ties in state visit

UPDATE 3-Xi and Lula elevate China-Brazil ties in state visit Leaders hail relations as 'Community with a Shared Future' Lula and Xi sign nearly 40 accords for economic cooperation Brasilia visit follows G20 and APEC summits in Rio and Lima Xi fills diplomatic vacuum between Biden and Trump presidencies Adds details of agreements, quotes from Xi and analyst, business deals in paragraphs 1-13 By Ricardo Brito and Eduardo Baptista BRASILIA, Nov 20 (Reuters) - China's President Xi Jinping and his B
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BRF SA reports results for the quarter ended September 30 - Earnings Summary

BRF SA reports results for the quarter ended September 30 - Earnings Summary BRF SA BRFS.N reported quarterly adjusted earnings of 11 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -5 cents. The mean expectation of four analysts for the quarter was for earnings of 10 cents per share.
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Brazil's BRF expects feed cost to remain steady next year due to record soybean harvest

UPDATE 1-Brazil's BRF expects feed cost to remain steady next year due to record soybean harvest Adds new information on paragraphs 2-5 SAO PAULO, Nov 14 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA expects steady feed costs for next year, largely due to favorable grain supply from an expected record soybean harvest, company Chief Financial Officer Fabio Mariano said on Thursday.
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Brazil's BRF expects feed cost to remain stable next year due to record soybean harvest

Brazil's BRF expects feed cost to remain stable next year due to record soybean harvest SAO PAULO, Nov 14 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA expects stable feed costs for next year largely due to favorable grain supply from an expected record soybean harvest, said the company's Chief Financial Officer Fabio Mariano on Thursday.
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Brazil's BRF swings back to quarterly profit, revenue up by double digits

UPDATE 1-Brazil's BRF swings back to quarterly profit, revenue up by double digits Adds earnings details SAO PAULO, Nov 13 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA posted on Wednesday a 1.1 billion real ($189.5 million) net profit for the third quarter, following a 262 million real loss for the same period last year . Analysts expected a 1.3 billion real net profit for the July-to-September period .
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BRAZIL'S BRF REPORTS Q3 NET PROFIT OF 1.1 BLN REAIS (LSEG POLL 1.3 BLN REAIS)

Brazil's BRF swings back to profit in third quarter SAO PAULO, Nov 13 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA posted on Wednesday a 1.1 billion real ($189.5 million) net profit for the third quarter, following a 262 million real loss a year earlier. Analysts had expected a 1.3 billion real net profit for the quarter ended in September.
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Brazil corporate earnings week ahead

DIARY-Brazil corporate earnings week ahead Nov 8 (Reuters) - Diary of Brazil (.BVSP) corporate earnings for the week ahead BRAZIL EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 11-Nov-2024 AMC RENT3.SA Localiza Rent a Car SA Q3 2024 Localiza Rent a Car SA Earnings Release 11-Nov-2024 AMC VAMO3.SA Vamos Locacao de Caminhoes, Maquinas e Equipamentos SA Q3 2024 Vamos Locacao de Caminhoes Maquinas e Equipamentos SA Earnings Release 11-Nov-2024 AMC ITSA4.SA Itausa SA Q3 2024 Itausa S
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Brazil's BRF, HPDC sign deal to buy stake in Saudi poultry firm Addoha

Brazil's BRF, HPDC sign deal to buy stake in Saudi poultry firm Addoha SAO PAULO, Oct 31 (Reuters) - Brazilian pork and chicken processor BRF BRFS3.SA said on Thursday that BRF Arabia, its joint venture with Halal Products Development Company, has signed an agreement to buy a 26% stake in Saudi poultry company Addoha. WHY IT'S IMPORTANT BRF is one of the world's largest meat producers and has been trying to expand its presence in the Middle East.
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Brazil meatpacker Marfrig jumps as Goldman Sachs says 'buy'

BUZZ-Brazil meatpacker Marfrig jumps as Goldman Sachs says 'buy' ** Shares in Brazilian meatpacker Marfrig MRFG3.SA jump as analysts at Goldman Sachs initiate coverage of the firm with a "buy" recommendation ** Marfrig's shares are up more than 5.5% to 14.50 reais in early Sao Paulo trading, making it the top gainer on Brazil's benchmark stock index Bovespa .BVSP , which is up 0.6% ** The analysts say Marfrig's U.S.
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Moody's Upgrades Brazil Food Processor BRF To Ba2 From Ba3, Outlook Changed To Stable From Positive

BRIEF-Moody's Upgrades Brazil Food Processor BRF To Ba2 From Ba3, Outlook Changed To Stable From Positive Sept 24 (Reuters) - BRF SA BRFS3.SA : MOODY'S UPGRADES BRAZIL FOOD PROCESSOR BRF TO BA2 FROM BA3, OUTLOOK CHANGED TO STABLE FROM POSITIVE Further company coverage: BRFS3.SA Reporting by Sao Paulo newsroom
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