Hog and pork producer Smithfield Foods Inc (SFD-$14.36) sought to reassure investors on Friday that it was in compliance with its debt covenants and had adequate liquidity after its shares fell sharply.
Before some Wall Street analyst with a well-oiled PR machine takes credit for having predicted potential credit problems at Smithfield, remember you heard it first at the 10Q Detective – back on July 29.
Before some Wall Street analyst with a well-oiled PR machine takes credit for having predicted potential credit problems at Smithfield, remember you heard it first at the 10Q Detective – back on July 29.
Original new stories can also be found at BNET Energy & BNET Insight: 10-Q Detective
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.
No comments:
Post a Comment