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View Full Version : JBS May Sell U.S. Plants, Offices to Reduce Debt - Bloomberg



NewsWhore
12-07-2011, 04:50 PM
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JBS May Sell U.S. Plants, Offices to Reduce Debt (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFEQ-T1jU6HTg5Z6ZYmF4icilZWmw&url=http://www.bloomberg.com/news/2011-12-07/jbs-may-sell-u-s-plants-offices-to-reduce-debt-correct-.html)
Bloomberg
JBS missed analysts&#39; estimates because of losses at its Pilgrim&#39;s Pride unit and a weaker Brazilian real that boosted the value of its foreign debt in local currency terms. Pilgrim&#39;s is not likely to become profitable this quarter, Batista said. ...

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