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<item><title>COFCO Ltd acquires a minority stake in Smithfield Foods Inc (pending)</title><description>US - Chinese state-owned COFCO Ltd agreed to acquire a #.##% stake, or # mil common shares, in Smithfield Foods Inc, a producer and wholesaler of meat products, for $##.## per share, or a total value of $###.## mil, in a privately negotiated transaction. 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sdc:p="12">13.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">COFCO Ltd, produces and</sdc:value><sdc:value sdc:p="1">wholesales cereals, vegetable</sdc:value><sdc:value sdc:p="2">oils, wines, alcoholic</sdc:value><sdc:value sdc:p="3">beverages, candy, sugar,</sdc:value><sdc:value sdc:p="4">fruits, meat, poultry,</sdc:value><sdc:value sdc:p="5">peanuts, beans. It also</sdc:value><sdc:value sdc:p="6">manufactures and wholesales</sdc:value><sdc:value sdc:p="7">packaging products. It</sdc:value><sdc:value sdc:p="8">provides property development</sdc:value><sdc:value sdc:p="9">and management services. It is</sdc:value><sdc:value sdc:p="10">an investment holding company.</sdc:value><sdc:value sdc:p="11">The company was founded in</sdc:value><sdc:value sdc:p="12">1952.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">COFCO Ltd, produces and wholesales cereals, vegetable oils,</sdc:value><sdc:value sdc:p="1">wines, alcoholic beverages, candy, sugar, fruits, meat,</sdc:value><sdc:value sdc:p="2">poultry, peanuts, beans. It also manufactures and wholesales</sdc:value><sdc:value sdc:p="3">packaging products. It provides property development and</sdc:value><sdc:value sdc:p="4">management services. It is an investment holding company.</sdc:value><sdc:value sdc:p="5">The company was founded in 1952.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>COFCO Ltd, produces and wholesales cereals, vegetable oils, wines, alcoholic beverages, candy, sugar, fruits, meat, poultry, peanuts, beans. It also manufactures and wholesales packaging products. It provides property development and management services. It is an investment holding company. The company was founded in 1952.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Smithfield Foods Inc is a</sdc:value><sdc:value sdc:p="1">producer and wholesaler of</sdc:value><sdc:value sdc:p="2">meat products, headquartered</sdc:value><sdc:value sdc:p="3">in Smithfield, Virginia, with</sdc:value><sdc:value sdc:p="4">other operations in France,</sdc:value><sdc:value sdc:p="5">Poland, Romania and the United</sdc:value><sdc:value sdc:p="6">Kingdom. The company owns and</sdc:value><sdc:value sdc:p="7">operates hog farms that offer</sdc:value><sdc:value sdc:p="8">fresh and processed meats in</sdc:value><sdc:value sdc:p="9">the US. The company was</sdc:value><sdc:value sdc:p="10">founded in 1936.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Smithfield Foods Inc is a producer and wholesaler of meat</sdc:value><sdc:value sdc:p="1">products, headquartered in Smithfield, Virginia, with other</sdc:value><sdc:value sdc:p="2">operations in France, Poland, Romania and the United</sdc:value><sdc:value sdc:p="3">Kingdom. The company owns and operates hog farms that offer</sdc:value><sdc:value sdc:p="4">fresh and processed meats in the US. The company was founded</sdc:value><sdc:value sdc:p="5">in 1936.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Smithfield Foods Inc is a producer and wholesaler of meat products, headquartered in Smithfield, Virginia, with other operations in France, Poland, Romania and the United Kingdom. The company owns and operates hog farms that offer fresh and processed meats in the US. The company was founded in 1936.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>141.41000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_CURRENCYLONG><sdc:value>U.S. Dollar</sdc:value></sdc:i_CURRENCYLONG><sdc:i_DATEANN><sdc:value>30 Jun 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Mon, 30 Jun 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 06/30/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date Effective:</sdc:value></sdc:i_DATEEFFS><sdc:i_DESCR><sdc:value>Acq. Part. 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Chinese state-owned COFCO</sdc:value><sdc:value sdc:p="1">Ltd agreed to acquire a 4.95%</sdc:value><sdc:value sdc:p="2">stake, or 7 mil common shares,</sdc:value><sdc:value sdc:p="3">in Smithfield Foods Inc, a</sdc:value><sdc:value sdc:p="4">producer and wholesaler of</sdc:value><sdc:value sdc:p="5">meat products, for $19.85 per</sdc:value><sdc:value sdc:p="6">share, or a total value of</sdc:value><sdc:value sdc:p="7">$138.95 mil, in a privately</sdc:value><sdc:value sdc:p="8">negotiated transaction. The</sdc:value><sdc:value sdc:p="9">transaction was subject to</sdc:value><sdc:value sdc:p="10">regulatory approvals.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>US - Chinese state-owned COFCO Ltd agreed to acquire a 4.95% stake, or 7 mil common shares, in Smithfield Foods Inc, a producer and wholesaler of meat products, for $19.85 per share, or a total value of $138.95 mil, in a privately negotiated transaction. The transaction was subject to regulatory approvals.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">US - Chinese state-owned COFCO Ltd agreed to acquire a 4.95% stake, or 7 mil common</sdc:value><sdc:value sdc:p="1">shares, in Smithfield Foods Inc, a producer and wholesaler of meat products, for $19.85</sdc:value><sdc:value sdc:p="2">per share, or a total value of $138.95 mil, in a privately negotiated transaction. The</sdc:value><sdc:value sdc:p="3">transaction was subject to regulatory approvals.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">US - Chinese state-owned COFCO Ltd agreed to acquire a 4.95% stake, or 7 mil common shares, in Smithfield Foods Inc, a producer and wholesaler of meat products, for $19.85 per share, or a total value</sdc:value><sdc:value sdc:p="1">of $138.95 mil, in a privately negotiated transaction. The transaction was subject to regulatory approvals.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">US - Chinese state-owned COFCO Ltd agreed to acquire a 4.95% stake, or 7 mil common shares, in Smithfield Foods Inc, a producer and</sdc:value><sdc:value sdc:p="1">wholesaler of meat products, for $19.85 per share, or a total value of $138.95 mil, in a privately negotiated transaction. The</sdc:value><sdc:value sdc:p="2">transaction was subject to regulatory approvals.</sdc:value></sdc:n_synopsis5><sdc:o_AFINL_ROLEVAL_LONG><sdc:value>$ 138.950 - Morgan Stanley - Adv</sdc:value></sdc:o_AFINL_ROLEVAL_LONG><sdc:o_ATOTFEENEG><sdc:value>0.00000</sdc:value></sdc:o_ATOTFEENEG><sdc:o_MANAGER_LONG2><sdc:value>Morgan Stanley</sdc:value></sdc:o_MANAGER_LONG2><sdc:o_SEQ><sdc:value>1.00000</sdc:value></sdc:o_SEQ><sdc:q_DESCR><sdc:value>Pending</sdc:value></sdc:q_DESCR><sdc:q_HOSTANETASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTANETASS><sdc:q_HOSTANILTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTANILTM><sdc:q_HOSTASALESLTM><sdc:value>0.00000</sdc:value></sdc:q_HOSTASALESLTM><sdc:q_HOSTATASS><sdc:value>0.00000</sdc:value></sdc:q_HOSTATASS><sdc:q_HOSTBOOKVALUE><sdc:value>22.18900</sdc:value></sdc:q_HOSTBOOKVALUE><sdc:q_HOSTCASHFLOW><sdc:value>711.10000</sdc:value></sdc:q_HOSTCASHFLOW><sdc:q_HOSTCASHFLOW1><sdc:value>622.30000</sdc:value></sdc:q_HOSTCASHFLOW1><sdc:q_HOSTCASHFLOW2><sdc:value>645.80000</sdc:value></sdc:q_HOSTCASHFLOW2><sdc:q_HOSTCASHFLOW3><sdc:value>782.90000</sdc:value></sdc:q_HOSTCASHFLOW3><sdc:q_HOSTCASHFLOW4><sdc:value>543.20000</sdc:value></sdc:q_HOSTCASHFLOW4><sdc:q_HOSTCASHFLOW5><sdc:value>301.20000</sdc:value></sdc:q_HOSTCASHFLOW5><sdc:q_HOSTCOMMONEQUITY><sdc:value>2982.10000</sdc:value></sdc:q_HOSTCOMMONEQUITY><sdc:q_HOSTEBITLTM><sdc:value>449.00000</sdc:value></sdc:q_HOSTEBITLTM><sdc:q_HOSTEPS1><sdc:value>1.68000</sdc:value></sdc:q_HOSTEPS1><sdc:q_HOSTEPS2><sdc:value>1.61000</sdc:value></sdc:q_HOSTEPS2><sdc:q_HOSTEPS3><sdc:value>2.64000</sdc:value></sdc:q_HOSTEPS3><sdc:q_HOSTEPS4><sdc:value>1.46000</sdc:value></sdc:q_HOSTEPS4><sdc:q_HOSTEPS5><sdc:value>0.24000</sdc:value></sdc:q_HOSTEPS5><sdc:q_HOSTEPSLTM><sdc:value>1.43000</sdc:value></sdc:q_HOSTEPSLTM><sdc:q_HOSTNETASS><sdc:value>2998.70000</sdc:value></sdc:q_HOSTNETASS><sdc:q_HOSTNETASS1><sdc:value>2254.70000</sdc:value></sdc:q_HOSTNETASS1><sdc:q_HOSTNETASS2><sdc:value>2046.50000</sdc:value></sdc:q_HOSTNETASS2><sdc:q_HOSTNETASS3><sdc:value>1924.30000</sdc:value></sdc:q_HOSTNETASS3><sdc:q_HOSTNETASS4><sdc:value>1630.40000</sdc:value></sdc:q_HOSTNETASS4><sdc:q_HOSTNETASS5><sdc:value>1312.00000</sdc:value></sdc:q_HOSTNETASS5><sdc:q_HOSTNI1><sdc:value>188.40000</sdc:value></sdc:q_HOSTNI1><sdc:q_HOSTNI2><sdc:value>172.70000</sdc:value></sdc:q_HOSTNI2><sdc:q_HOSTNI3><sdc:value>296.20000</sdc:value></sdc:q_HOSTNI3><sdc:q_HOSTNI4><sdc:value>162.70000</sdc:value></sdc:q_HOSTNI4><sdc:q_HOSTNI5><sdc:value>26.30000</sdc:value></sdc:q_HOSTNI5><sdc:q_HOSTNILTM><sdc:value>184.20000</sdc:value></sdc:q_HOSTNILTM><sdc:q_HOSTPTINC1><sdc:value>213.80000</sdc:value></sdc:q_HOSTPTINC1><sdc:q_HOSTPTINC2><sdc:value>262.10000</sdc:value></sdc:q_HOSTPTINC2><sdc:q_HOSTPTINC3><sdc:value>447.00000</sdc:value></sdc:q_HOSTPTINC3><sdc:q_HOSTPTINC4><sdc:value>246.80000</sdc:value></sdc:q_HOSTPTINC4><sdc:q_HOSTPTINC5><sdc:value>39.20000</sdc:value></sdc:q_HOSTPTINC5><sdc:q_HOSTPTINCLTM><sdc:value>221.60000</sdc:value></sdc:q_HOSTPTINCLTM><sdc:q_HOSTSALES1><sdc:value>11911.10000</sdc:value></sdc:q_HOSTSALES1><sdc:q_HOSTSALES2><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES2><sdc:q_HOSTSALES3><sdc:value>0.00000</sdc:value></sdc:q_HOSTSALES3><sdc:q_HOSTSALES4><sdc:value>9267.00000</sdc:value></sdc:q_HOSTSALES4><sdc:q_HOSTSALES5><sdc:value>7904.50000</sdc:value></sdc:q_HOSTSALES5><sdc:q_HOSTSALESLTM><sdc:value>13669.60000</sdc:value></sdc:q_HOSTSALESLTM><sdc:q_HOSTTASS><sdc:value>8504.40000</sdc:value></sdc:q_HOSTTASS><sdc:q_HOSTTASS1><sdc:value>6968.60000</sdc:value></sdc:q_HOSTTASS1><sdc:q_HOSTTASS2><sdc:value>6176.50000</sdc:value></sdc:q_HOSTTASS2><sdc:q_HOSTTASS3><sdc:value>5704.80000</sdc:value></sdc:q_HOSTTASS3><sdc:q_HOSTTASS4><sdc:value>4813.70000</sdc:value></sdc:q_HOSTTASS4><sdc:q_HOSTTASS5><sdc:value>4210.60000</sdc:value></sdc:q_HOSTTASS5><sdc:q_STATUS><sdc:value>Status:Pending</sdc:value></sdc:q_STATUS><sdc:r_CURR_CODE><sdc:value>US</sdc:value></sdc:r_CURR_CODE><sdc:r_PE><sdc:value>13.88100</sdc:value></sdc:r_PE><sdc:r_PE_PRINT><sdc:value>13.881</sdc:value></sdc:r_PE_PRINT><sdc:r_PFTMARG><sdc:value>0.01600</sdc:value></sdc:r_PFTMARG><sdc:r_PRICEBOOK><sdc:value>0.89500</sdc:value></sdc:r_PRICEBOOK><sdc:r_PRICEBOOK_PRINT><sdc:value>0.895</sdc:value></sdc:r_PRICEBOOK_PRINT><sdc:r_PTINC3YGR><sdc:value>-30.84100</sdc:value></sdc:r_PTINC3YGR><sdc:r_PTINC5YGR><sdc:value>52.82000</sdc:value></sdc:r_PTINC5YGR><sdc:r_ROE><sdc:value>6.17700</sdc:value></sdc:r_ROE><sdc:r_SALES3YGR><sdc:value>0.00000</sdc:value></sdc:r_SALES3YGR><sdc:r_SALES5YGR><sdc:value>10.79500</sdc:value></sdc:r_SALES5YGR><sdc:r_SE><sdc:value>2982.10000</sdc:value></sdc:r_SE><sdc:r_TASS3YGR><sdc:value>10.52300</sdc:value></sdc:r_TASS3YGR><sdc:r_TASS5YGR><sdc:value>13.42300</sdc:value></sdc:r_TASS5YGR><sdc:r_TTCFMULT><sdc:value>3.94800</sdc:value></sdc:r_TTCFMULT><sdc:r_TTEBITMULT><sdc:value>6.25200</sdc:value></sdc:r_TTEBITMULT><sdc:r_VALNA><sdc:value>0.93600</sdc:value></sdc:r_VALNA><sdc:sic_SIC><sdc:value sdc:p="0">0213:Hogs</sdc:value><sdc:value sdc:p="1">2011:Meat packing plants</sdc:value><sdc:value sdc:p="2">2013:Sausages and other prepared meat products</sdc:value><sdc:value sdc:p="3">2015:Poultry slaughtering and processing</sdc:value><sdc:value sdc:p="4">5147:Meats and meat products</sdc:value><sdc:value sdc:p="5">6719:Offices of holding companies, nec</sdc:value></sdc:sic_SIC><sdc:upa_UPACIDGEN><sdc:value>458648001</sdc:value></sdc:upa_UPACIDGEN><sdc:upa1_NATION><sdc:value>China</sdc:value></sdc:upa1_NATION><sdc:upa1_SICP><sdc:value>999A</sdc:value></sdc:upa1_SICP><sdc:upa1_STATE><sdc:value>Foreign</sdc:value></sdc:upa1_STATE><sdc:upa1_STATUS><sdc:value>Government</sdc:value></sdc:upa1_STATUS><sdc:upsic_SIC><sdc:value sdc:p="0">0213:Hogs</sdc:value><sdc:value sdc:p="1">2011:Meat packing plants</sdc:value><sdc:value sdc:p="2">2013:Sausages and other prepared meat products</sdc:value><sdc:value sdc:p="3">2015:Poultry slaughtering and processing</sdc:value><sdc:value 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LLP</sdc:value></sdc:z_LAW30></sdc:deal><category>Deal Information</category><alacra:ip>Thomson Financial Mergers &amp; Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-26380633</link><guid isPermaLink="false">newstex/PRN-0005-26380633</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> SMITHFIELD, Va., Jul. #, #### (PRNewswire-FirstCall delivered by Newstex) -- Smithfield Foods, Inc. 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The issue is also assigned a '4' recovery rating, indicating the expectation of average (30% to 50%) recovery in the event of a payment default. The issue rating is placed on CreditWatch with negative implications, similar to all of Smithfield's existing ratings, including its 'BB-' corporate credit rating. The offering will be a drawdown under the company's Rule 415 shelf registration. 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Notes Are Rated 'BB-' (Recov Rtg: 4); Ratings Still On Watch Neg</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">657396</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Packaged Foods &amp; Meats</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Consumer Products</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On July 1, 2008, Standard&amp;Poor's Ratings Services assigned its 'BB-' senior unsecured debt rating to Smithfield Foods Inc.'s planned $350 million convertible senior notes offering due 2013. 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The company will use the proceeds from the notes to repay the indebtedness under the company's May 2008 credit line, and to reduce amounts outstanding under its U.S.</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">832248</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">30202030 302020 3020 30</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Smithfield Foods Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">319261</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SFD</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-26349571</link><guid isPermaLink="false">newstex/PRN-0005-26349571</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> SMITHFIELD, Va., Jun. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Smithfield Foods, Inc. 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value></sdc:g_SEQ><sdc:g_TEST><sdc:value sdc:p="0">Campofrio Alimentacion SA</sdc:value><sdc:value sdc:p="1">produces meat products. The</sdc:value><sdc:value sdc:p="2">company is headquartered in</sdc:value><sdc:value sdc:p="3">Alcobendas, Spain. The</sdc:value><sdc:value sdc:p="4">company's products include</sdc:value><sdc:value sdc:p="5">canned, frozen and cured</sdc:value><sdc:value sdc:p="6">meats, hamburgers and all</sdc:value><sdc:value sdc:p="7">kinds of sausages. The company</sdc:value><sdc:value sdc:p="8">was founded in 1944.</sdc:value></sdc:g_TEST><sdc:g_business><sdc:value sdc:p="0">Campofrio Alimentacion SA produces meat products. The</sdc:value><sdc:value sdc:p="1">company is headquartered in Alcobendas, Spain. The company's</sdc:value><sdc:value sdc:p="2">products include canned, frozen and cured meats, hamburgers</sdc:value><sdc:value sdc:p="3">and all kinds of sausages. The company was founded in 1944.</sdc:value></sdc:g_business><sdc:g_business1><sdc:value>Campofrio Alimentacion SA produces meat products. The company is headquartered in Alcobendas, Spain. The company's products include canned, frozen and cured meats, hamburgers and all kinds of sausages. The company was founded in 1944.</sdc:value></sdc:g_business1><sdc:h_SEQ><sdc:value sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value></sdc:h_SEQ><sdc:h_TEST><sdc:value sdc:p="0">Groupe Smithfield Holdings SL</sdc:value><sdc:value sdc:p="1">produces meat products. The</sdc:value><sdc:value sdc:p="2">company is headquartered in</sdc:value><sdc:value sdc:p="3">Paris, France and with</sdc:value><sdc:value sdc:p="4">locations in Portugal,</sdc:value><sdc:value sdc:p="5">Netherlands, Belgium and</sdc:value><sdc:value sdc:p="6">Germany. The company also</sdc:value><sdc:value sdc:p="7">serves as an investment</sdc:value><sdc:value sdc:p="8">holding company.</sdc:value></sdc:h_TEST><sdc:h_business><sdc:value sdc:p="0">Groupe Smithfield Holdings SL produces meat products. The</sdc:value><sdc:value sdc:p="1">company is headquartered in Paris, France and with locations</sdc:value><sdc:value sdc:p="2">in Portugal, Netherlands, Belgium and Germany. The company</sdc:value><sdc:value sdc:p="3">also serves as an investment holding company.</sdc:value></sdc:h_business><sdc:h_business1><sdc:value>Groupe Smithfield Holdings SL produces meat products. The company is headquartered in Paris, France and with locations in Portugal, Netherlands, Belgium and Germany. The company also serves as an investment holding company.</sdc:value></sdc:h_business1><sdc:i_AFEEPCT><sdc:value>0.00000</sdc:value></sdc:i_AFEEPCT><sdc:i_AFEETOT><sdc:value>0.00000</sdc:value></sdc:i_AFEETOT><sdc:i_ATERMFEE><sdc:value>0.00000</sdc:value></sdc:i_ATERMFEE><sdc:i_COMOUT><sdc:value>0.00000</sdc:value></sdc:i_COMOUT><sdc:i_CROSS1><sdc:value>Y</sdc:value></sdc:i_CROSS1><sdc:i_DATEANN><sdc:value>25 Jun 08</sdc:value></sdc:i_DATEANN><sdc:i_DATEANN2><sdc:value>Wed, 25 Jun 2008 00:00:00 EST</sdc:value></sdc:i_DATEANN2><sdc:i_DATEANNS><sdc:value>Date Announced: 06/25/2008</sdc:value></sdc:i_DATEANNS><sdc:i_DATEEFFS><sdc:value>Date 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sdc:p="0">1.00000</sdc:value><sdc:value sdc:p="1">2.00000</sdc:value><sdc:value sdc:p="2">3.00000</sdc:value><sdc:value sdc:p="3">4.00000</sdc:value><sdc:value sdc:p="4">5.00000</sdc:value><sdc:value sdc:p="5">6.00000</sdc:value><sdc:value sdc:p="6">7.00000</sdc:value><sdc:value sdc:p="7">8.00000</sdc:value><sdc:value sdc:p="8">9.00000</sdc:value><sdc:value sdc:p="9">10.00000</sdc:value><sdc:value sdc:p="10">11.00000</sdc:value><sdc:value sdc:p="11">12.00000</sdc:value><sdc:value sdc:p="12">13.00000</sdc:value><sdc:value sdc:p="13">14.00000</sdc:value><sdc:value sdc:p="14">15.00000</sdc:value><sdc:value sdc:p="15">16.00000</sdc:value></sdc:n_SEQ><sdc:n_SYNOPSIS><sdc:value sdc:p="0">FRANCE - Campofrio</sdc:value><sdc:value sdc:p="1">Alimentacion SA (CA) of Spain</sdc:value><sdc:value sdc:p="2">signed a Memorandum of</sdc:value><sdc:value sdc:p="3">Understanding {MoU} to merge</sdc:value><sdc:value sdc:p="4">with Groupe Smithfield</sdc:value><sdc:value sdc:p="5">Holdings SL (GS), a Paris</sdc:value><sdc:value sdc:p="6">based producer of meat</sdc:value><sdc:value sdc:p="7">products, and a 50:50 joint</sdc:value><sdc:value sdc:p="8">venture between, Smithfield</sdc:value><sdc:value sdc:p="9">Foods Inc and Oaktree Capital</sdc:value><sdc:value sdc:p="10">Management LLC. The</sdc:value><sdc:value sdc:p="11">transaction was subject to</sdc:value><sdc:value sdc:p="12">regulatory approval. Upon</sdc:value><sdc:value sdc:p="13">completion, CA and GS were to</sdc:value><sdc:value sdc:p="14">own 51.5% and 48.5% in the</sdc:value><sdc:value sdc:p="15">merged entity, respectively.</sdc:value></sdc:n_SYNOPSIS><sdc:n_synopsis2><sdc:value>FRANCE - Campofrio Alimentacion SA (CA) of Spain signed a Memorandum of Understanding {MoU} to merge with Groupe Smithfield Holdings SL (GS), a Paris based producer of meat products, and a 50:50 joint venture between, Smithfield Foods Inc and Oaktree Capital Management LLC. The transaction was subject to regulatory approval. Upon completion, CA and GS were to own 51.5% and 48.5% in the merged entity, respectively.</sdc:value></sdc:n_synopsis2><sdc:n_synopsis3><sdc:value sdc:p="0">FRANCE - Campofrio Alimentacion SA (CA) of Spain signed a Memorandum of Understanding</sdc:value><sdc:value sdc:p="1">{MoU} to merge with Groupe Smithfield Holdings SL (GS), a Paris based producer of meat</sdc:value><sdc:value sdc:p="2">products, and a 50:50 joint venture between, Smithfield Foods Inc and Oaktree Capital</sdc:value><sdc:value sdc:p="3">Management LLC. The transaction was subject to regulatory approval. Upon completion, CA</sdc:value><sdc:value sdc:p="4">and GS were to own 51.5% and 48.5% in the merged entity, respectively.</sdc:value></sdc:n_synopsis3><sdc:n_synopsis4><sdc:value sdc:p="0">FRANCE - Campofrio Alimentacion SA (CA) of Spain signed a Memorandum of Understanding {MoU} to merge with Groupe Smithfield Holdings SL (GS), a Paris based producer of meat products, and a 50:50 joint</sdc:value><sdc:value sdc:p="1">venture between, Smithfield Foods Inc and Oaktree Capital Management LLC. The transaction was subject to regulatory approval. Upon completion, CA and GS were to own 51.5% and 48.5% in the merged</sdc:value><sdc:value sdc:p="2">entity, respectively.</sdc:value></sdc:n_synopsis4><sdc:n_synopsis5><sdc:value sdc:p="0">FRANCE - Campofrio Alimentacion SA (CA) of Spain signed a Memorandum of Understanding {MoU} to merge with Groupe Smithfield Holdings SL</sdc:value><sdc:value sdc:p="1">(GS), a Paris based producer of meat products, and a 50:50 joint venture between, Smithfield Foods Inc and Oaktree Capital Management</sdc:value><sdc:value sdc:p="2">LLC. The transaction was subject to regulatory approval. Upon completion, CA and GS were to own 51.5% and 48.5% in the merged entity,</sdc:value><sdc:value 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Acquisitions</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/656808</link><guid isPermaLink="false">spcred/656808</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest News from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>6/27/2008 3:31:39 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">100</spcred:price><title>Smithfield Foods Downgraded To 'BB-' From 'BB+', Remains On CreditWatch Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">News</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">656808</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Packaged Foods &amp; Meats</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Consumer Products</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">News</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">NEW YORK (Standard&amp;Poor's) June 27, 2008--Standard&amp;Poor's Ratings Services lowered its corporate credit rating on Smithfield Foods Inc. to 'BB-' from 'BB+'. At the same time, we assigned a '1' recovery rating to Smithfield Foods' senior secured notes, indicating expectations of very high (90%-100%) recovery in the event of a payment default. The issue-level rating on the secured notes remains at 'BB+'. In addition, we lowered the ratings on the company's senior unsecured notes to 'BB-' from 'BB' and assigned a '4' recovery rating, indicating the expectation of average (30%-50%) recovery in the event of a payment default. For the complete recovery analysis, see Standard&amp;Poor's recovery report on Smithfield Foods, published on RatingsDirect immediately following</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">832248</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">30202030 302020 3020 30</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Smithfield Foods Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">319261</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SFD</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">NEWS</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/spcred/656809</link><guid isPermaLink="false">spcred/656809</guid><spcred:index_mode xmlns:spcred="http://www.alacra.com/spcred">norm</spcred:index_mode><description>The latest Research Update from S&amp;P</description><spcred:dataset xmlns:spcred="http://www.alacra.com/spcred">global</spcred:dataset><pubDate>6/27/2008 3:31:39 PM</pubDate><spcred:price xmlns:spcred="http://www.alacra.com/spcred">175</spcred:price><title>Research Update: Smithfield Foods Downgraded To 'BB-' From 'BB+', Remains On CreditWatch Negative</title><spcred:type xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:type><spcred:docid xmlns:spcred="http://www.alacra.com/spcred">656809</spcred:docid><spcred:index_entry_dispcountry xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispcountry><spcred:index_entry_dispgics xmlns:spcred="http://www.alacra.com/spcred">Packaged Foods &amp; Meats</spcred:index_entry_dispgics><spcred:index_entry_dispregion xmlns:spcred="http://www.alacra.com/spcred">United States</spcred:index_entry_dispregion><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Global Issuers</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Corporations</spcred:index_entry_dispsector><spcred:index_entry_dispsector xmlns:spcred="http://www.alacra.com/spcred">Consumer Products</spcred:index_entry_dispsector><spcred:index_entry_disptype xmlns:spcred="http://www.alacra.com/spcred">Research Update</spcred:index_entry_disptype><spcred:index_entry_excerpt xmlns:spcred="http://www.alacra.com/spcred">On June 27, 2008, Standard&amp;Poor's Ratings Services lowered its corporate credit rating on Smithfield Foods Inc. to 'BB-' from 'BB+'. At the same time, we assigned a '1' recovery rating to Smithfield Foods' senior secured notes, indicating expectations of very high (90%-100%) recovery in the event of a payment default. The issue-level rating on the secured notes remains at 'BB+'. In addition, we lowered the ratings on the company's senior unsecured notes to 'BB-' from 'BB' and assigned a '4' recovery rating, indicating the expectation of average (30%-50%) recovery in the event of a payment default. The ratings remain on CreditWatch with negative implications where they were placed on Dec. 3, 2007. Smithfield, Va.-based Smithfield Foods had about</spcred:index_entry_excerpt><spcred:index_entry_primcountry xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primcountry><spcred:index_entry_primcusip xmlns:spcred="http://www.alacra.com/spcred">832248</spcred:index_entry_primcusip><spcred:index_entry_primgics xmlns:spcred="http://www.alacra.com/spcred">30202030 302020 3020 30</spcred:index_entry_primgics><spcred:index_entry_primissuer xmlns:spcred="http://www.alacra.com/spcred">Smithfield Foods Inc.</spcred:index_entry_primissuer><spcred:index_entry_primissuerid xmlns:spcred="http://www.alacra.com/spcred">319261</spcred:index_entry_primissuerid><spcred:index_entry_primreg xmlns:spcred="http://www.alacra.com/spcred">USA</spcred:index_entry_primreg><spcred:index_entry_primticker xmlns:spcred="http://www.alacra.com/spcred">SFD</spcred:index_entry_primticker><spcred:index_entry_reporttype xmlns:spcred="http://www.alacra.com/spcred">RESUPD</spcred:index_entry_reporttype><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">GLOBISS</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">CORP</spcred:index_entry_sector><spcred:index_entry_sector xmlns:spcred="http://www.alacra.com/spcred">Consumer</spcred:index_entry_sector><category>Credit &amp; Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/PRN-0005-26231448</link><guid isPermaLink="false">newstex/PRN-0005-26231448</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> SMITHFIELD, Va., Jun. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Smithfield Foods, Inc. (NYSE: SFD) confirmed today that Groupe Smithfield Holdings, S.L., its ##/## joint venture with investment funds controlled by Oaktree...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04016005</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04009000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04009002</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">02000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">02002000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">02002006</newstex:cat><pubDate>6/25/2008 2:17:43 PM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">PR Newswire US</newstex:Publication><title>Groupe Smithfield and Campofrio Are In Merger Discussions</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">PRN-0005-26231448</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">SMITHFIELD FOODS INC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">SFD</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/newstex/BW-0001-26038130</link><guid isPermaLink="false">newstex/BW-0001-26038130</guid><newstex:index_mode xmlns:newstex="http://www.alacra.com/newstex">xml</newstex:index_mode><description> Jun. ##, #### (Business Wire) --  Research and Markets (http://www.researchandmarkets.com/research/b##fa#/smithfield_foods) has announced the addition of the "Smithfield Foods: Company Profile" report to their offering.  This company...</description><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04000000</newstex:cat><newstex:cat xmlns:newstex="http://www.alacra.com/newstex">04018000</newstex:cat><pubDate>6/17/2008 10:32:39 AM</pubDate><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18000000</newstex:event><newstex:event xmlns:newstex="http://www.alacra.com/newstex">18016000</newstex:event><newstex:Publication xmlns:newstex="http://www.alacra.com/newstex">Business Wire</newstex:Publication><title>Smithfield Foods: Company Profile Evaluating the Strengths of the Company and the Opportunities Present in the Market</title><newstex:docid xmlns:newstex="http://www.alacra.com/newstex">BW-0001-26038130</newstex:docid><newstex:index_entry_company xmlns:newstex="http://www.alacra.com/newstex">SMITHFIELD FOODS INC</newstex:index_entry_company><newstex:index_entry_ticker xmlns:newstex="http://www.alacra.com/newstex">SFD</newstex:index_entry_ticker><category>News</category><alacra:ip>Newstex</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_157185_600039309</link><guid isPermaLink="false">moodys/PR_157185_600039309</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><description>Global Credit Research Rating Action ## JUN ####   Rating Action: Smithfield Foods, Inc. Moody's puts Smithfield's ratings under review for downgrade (Ba# CFR) New York, June ##, #### -- Moody's Investors Service placed under review...</description><pubDate>6/13/2008 12:26:26 AM</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Smithfield Foods, Inc.</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Smithfield Foods, Inc.</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600039309</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Rating Action</moodys:report_type><title>Moody's puts Smithfield's ratings under review for downgrade (Ba2 CFR)</title><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_157185_600039309</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1858018</link><guid isPermaLink="false">ccbn/B1858018</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Co. reported #Q## sales of $#.#b. #Q## income from continuing operations was $#.#m or $#.## per share. FY## income from continuing operations was $###.#m or $#.## per share. ...

</description><pubDate>6/5/2008 11:04:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Smithfield Foods</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q4 2008 Smithfield Foods Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SFD</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">9:00am ET</ccbn:time><title>Q4 2008 Smithfield Foods Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1858018</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1858018</link><guid isPermaLink="false">ccbn/T1858018</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Ladies and gentlemen, thank you for standing by, and welcome to the Smithfield Foods fourth quarter conference call. At this time, all lines are in a listen-only mode. Later there will be a question-and-answer session. (OPERATOR INSTRUCTIONS). As a reminder, today's call is being recorded with a digitized replay. The call will be available started today June #th at ##:## a.m. Eastern time, and it will be available through Friday, June ##th at Midnight Eastern time. You may access the AT&amp;T Executive Playback service by dialing #-###-###-####, and then enter the access code of ######. That number again is #-###-###-#### with the access code of ######. (OPERATOR INSTRUCTIONS). At this time then, I would like to turn the conference over to Jerry Hostetter. Please go ahead, sir. ...

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Moody's affirms Smithfield's ratings New York, March ##, #### -- Moody's Investors Service affirmed the long-term ratings of Smithfield Foods, Inc....</description><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><pubDate>3/6/2008 1:40:42 AM</pubDate><title>Moody's affirms Smithfield's ratings</title><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Smithfield Foods, Inc.</moodys:issuer><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600039309</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Smithfield Foods, Inc.</moodys:issuer_list><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_150505_600039309</moodys:docid><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/B1769849</link><guid isPermaLink="false">ccbn/B1769849</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Substantially increased numbers of shares outstanding as a result of Premium Standard Farms' acquisition in past May. ...

</description><pubDate>2/28/2008 4:10:00 PM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Smithfield Foods</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Edited</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q3 2008 Smithfield Foods Earnings Conference Call Summary</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SFD</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">9:00am ET</ccbn:time><title>Q3 2008 Smithfield Foods Earnings Conference Call Summary</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Brief</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">B1769849</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/ccbn/T1769849</link><guid isPermaLink="false">ccbn/T1769849</guid><ccbn:index_mode xmlns:ccbn="http://www.alacra.com/ccbn">norm</ccbn:index_mode><description>...Ladies and gentlemen, thank you for standing by, and welcome to the Smithfield Foods third quarter conference call. At this time, all lines are in a listen-only mode. Later we'll conduct a question-and-answer session and instructions will be given at that time. (OPERATOR INSTRUCTIONS) As a reminder, we are recording today's call for replay. It will be available from ##:## a.m. Eastern today and will run for two weeks through Midnight, March ##. To access the replay, dial #-###-###-#### and then you will be prompted for an access code. The access code is ######. I'd now like to turn the conference over to our host, Mr. Jerry Hostetter. Please go ahead, sir. ...

</description><pubDate>2/28/2008 11:06:00 AM</pubDate><ccbn:name xmlns:ccbn="http://www.alacra.com/ccbn">Smithfield Foods</ccbn:name><ccbn:price xmlns:ccbn="http://www.alacra.com/ccbn">54.0000</ccbn:price><ccbn:revision xmlns:ccbn="http://www.alacra.com/ccbn">Final</ccbn:revision><ccbn:storetitle xmlns:ccbn="http://www.alacra.com/ccbn">Q3 2008 Smithfield Foods Earnings Conference Call Transcript</ccbn:storetitle><ccbn:ticker xmlns:ccbn="http://www.alacra.com/ccbn">SFD</ccbn:ticker><ccbn:time xmlns:ccbn="http://www.alacra.com/ccbn">9:00am ET</ccbn:time><title>Q3 2008 Smithfield Foods Earnings Conference Call Transcript</title><ccbn:type xmlns:ccbn="http://www.alacra.com/ccbn">Transcript</ccbn:type><ccbn:docid xmlns:ccbn="http://www.alacra.com/ccbn">T1769849</ccbn:docid><category>Credit &amp; Investment Research</category><alacra:ip>Thomson Street Events</alacra:ip></item></channel></rss>