Brazil police start new phase of probe into food industry fraud [Reuters]
BRF S.A. (BRFS)
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Source: Reuters
Brazil police start new phase of probe into food industry fraud | Reuters Reuters Staff 1 Min Read SAO PAULO (Reuters) - Brazilian federal police said on Monday they had started a new phase of an investigation known as“Weak Flesh” targeting a business group accused of acting fraudulently to evade food security checks. Brazilian food processor BRF SA is the main target in this phase of the probe, said a source on condition of anonymity. BRF did not have an immediate comment on the matter. “The fraud had the intention to cheat inspection services so as to prevent the agriculture ministry from controlling the quality of the industrial process of the company under investigation,” the police said in a statement, adding they would serve 11 temporary arrest warrants and 53 search and seizure warrants. Reporting by Pedro Fonseca and Ana Mano; Editing by Gareth Jones All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rig
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BRFS
News
- BRF filed its Annual Report on Form 20-FPR Newswire
- Is BRF (BRFS) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- 22nd Century, Coffee Holding among Consumer Staples movers [Seeking Alpha]Seeking Alpha
- Brf S.A. (NYSE: BRFS) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "sell" rating to a "neutral" rating. They now have a $3.10 price target on the stock, up previously from $1.90.MarketBeat
- Brf S.A. (NYSE: BRFS) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating.MarketBeat
BRFS
Sec Filings
- 4/19/24 - Form 20-F
- 4/19/24 - Form 6-K
- 4/19/24 - Form 6-K
- BRFS's page on the SEC website