Smithfield Foods (SFD) moves up 1.4% premarket after Starboard Value pitches that a piecemeal...

|About: Smithfield Foods Inc. (SFD)|By:, SA News Editor

Smithfield Foods (SFD) moves up 1.4% premarket after Starboard Value pitches that a piecemeal sale of the company might make sense. The sum-of-the-parts chatter could also provide another lift for the packaged meats sector as a whole. On watch: Tyson Foods (TSN), Seaboard Corporation (SEB), Hillshire Brands (HSH), and Hormel Foods (HRL).