AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Qantas to Sell Jetstar Japan Stake as It Refocuses on Core Australian Operations 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Novo Nordisk Warns of Profit Decline as Wegovy Faces U.S. Price Pressure and Rising Competition 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Anthropic Eyes $350 Billion Valuation as AI Funding and Share Sale Accelerate 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
SMITHFIELD, Va., Sept. 02, 2017 -- Smithfield Foods, Inc. announced today that it will donate $100,000 to the American Red Cross to assist in ongoing relief efforts to aid in the devastation caused by Hurricane Harvey. In addition to this contribution, the company announced it will match two-to-one all donations made by its more than 40,000 U.S. employees to the American Red Cross.
In addition to financial contributions of the company and its employees, Smithfield has also mobilized Helping Hungry Homes®, its hunger relief initiative. Through Helping Hungry Homes®, Smithfield has donated more than 300,000 pounds of protein to Feeding America® food banks in southeast Texas and Operation BBQ Relief, which provides meals to displaced residents and emergency personnel during times of natural and other disasters.
“At Smithfield, we’re committed to helping communities and our people are passionate about helping their neighbors in need,” said Kenneth M. Sullivan, president and chief executive officer of Smithfield Foods. “It’s truly inspiring to witness the entire company rallying together in support of those impacted by this devastating storm.”
Smithfield will continue to work with response organizations to assess the region’s immediate needs and recovery in the coming weeks.
About Smithfield Foods
Smithfield Foods is a $15 billion global food company and the world's largest pork processor and hog producer. In the United States, the company is also the leader in numerous packaged meats categories with popular brands including SmithfieldⓇ, EckrichⓇ, Nathan's FamousⓇ, FarmlandⓇ, ArmourⓇ, John MorrellⓇ, Cook'sⓇ, KretschmarⓇ, GwaltneyⓇ, Curly'sⓇ, MargheritaⓇ, CarandoⓇ, Healthy OnesⓇ, KrakusⓇ, MorlinyⓇ and BerlinkiⓇ. Smithfield Foods is committed to providing good food in a responsible way and maintains robust animal care, community involvement, employee safety, environmental and food safety and quality programs. For more information, visit www.smithfieldfoods.com.
Contact: Kathleen Kirkham Smithfield Foods, Inc. (757) 365-1965 [email protected]
