OFFICIAL CORRECTION-UPDATE 1-Brazil's BRF places workers from two plants on furlough [Reuters]
BRF S.A. (BRFS)
Last brf s.a. earnings: 11/11 04:01 pm
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Source: Reuters
Brazil's BRF places workers from two plants on furlough | Reuters Reuters Staff 2 Min Read SAO PAULO (Reuters) - Embattled Brazilian food processor BRF SA ( BRFS3.SA ), reeling from a food safety scandal, will place 3,500 workers on paid leave at two plants, the latest move to adjust capacity following a government-imposed trade ban affecting exports to the European Union, the company said on Wednesday. BRF said it would send 1,300 workers on leave at its CarambeA plant in southern Brazil, in addition to 2,300 people from its Rio Verde poultry production line in central Brazil. The leaves, effective from May 21 and May 14 respectively, will last 30 days at both plants, it said. “As is in the public domain, Brazil’s agriculture ministry decided to temporarily and preemptively suspend production and certification of BRF poultry exports to the European Union from March 16,” BRF said in a statement. The move raises the tally of employees affected by measures to adjust capacity to deman
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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
- 4/25/24 - Form 6-K
- 4/19/24 - Form 20-F
- 4/19/24 - Form 6-K
- BRFS's page on the SEC website