Moody’s downgrades JBS SA, JBS USA 05.23.2017 By Erica Shaffer Shares in the meat packer plunged 31 percent yesterday, another 8 percent today.Read More
Illegal payments from JBS chairman denied by Brazil’s president 05.22.2017 By Erica Shaffer Temer vows not to resign in the face of allegations.Read More
JBS executives agree to plea bargain with prosecutors 05.19.2017 By Joel Crews The company reported that seven executives agreed to pay a fine and cooperate with the federal investigation. Read More
JBS SA swings to Q1 profit 05.16.2017 By Erica Shaffer Revenues declined 14.3 percent on lower sales at Seara and Mercosul.Read More
Brazil federal police to investigate loans to JBS SA 05.12.2017 By Erica Shaffer Law enforcement authorities launched a probe into loan fraud at BNDES.Read More
Pilgrim’s Pride sales climb nearly 3% in Q1 05.04.2017 By Erica Shaffer Net income for the quarter dropped 20 percent.Read More
JBS USA closes Plumrose acquisition 05.03.2017 By Staff The company also began imports of US beef for the first time.Read More
Explosion injures 5 at JBS Australia plant 04.10.2017 By Staff Occupational health and safety officials are investigating the cause of the blast.Read More
JBS suspends production at some Brazil processing plants 03.29.2017 By Erica Shaffer Sales of the company’s products fell sharply following anticorruption investigation.Read More
China, S. Korea to suspend some meat imports from Brazil 03.20.2017 By Erica Shaffer The EU plans to suspend imports from firms implicated in an anticorruption probe of Brazilian meat industry.Read More