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25.07.26 - 03:48
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Forget Beef. This Protein Is Way Cheaper (ZeroHedge)
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Forget Beef. This Protein Is Way Cheaper
Building on Bank of America's latest note, which cited Oklahoma State University agricultural economist Derrell Peel's warning that the US cattle cycle is unlikely to improve anytime soon, beef prices are poised to remain elevated through at least next year. But two competitively priced proteins that consumers can switch to today remain largely overlooked.
That overlooked protein is ground pork, with an average of $4.81 a pound in mid-June, compared with $7.95 for ground beef, while pork chops cost roughly one-third as much as beef steak, according to Bloomberg, citing NielsenIQ data.
Still, beef consumption is forecast at a 15-year high, underscoring how stubborn consumers are and how unwilling they are to trade down for their meats.
Processors including Smithfield Foods are responding with precut, marinated and ground-pork products designed to improve convenience and compete with beef and chicken.
Industry insiders see ground pork as the category'...
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01.07.26 - 15:33
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NIRI New York Chapter Elects New Board Leadership for 2026-2027 Season (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#BoardLeadership--The New York chapter of the National Investor Relations Institute (“NIRI NY”), having completed its proxy vote on June 15, 2026, today announces its newly elected directors and officers for the 2026–2027 term.NIRI NY welcomed five newly elected members to the board of directors (the “board”): Jennifer Drew-Bear, Director Investor Relations, Keel Infrastructure; Stacy Turnof, Executive Vice President, Special Situations & Investor Relations, Edelman Smithfield; Robert Leidl, Director of Sales and Business Development, S&P Global; Emily Mohr, Director of Investor Relations, CoinShares, and Robert Samuels, Vice President, Investor Relations, MARA. They join eight returning directors to set NIRI NY's vision and agenda. The chapter members re-elected Nichole Saland, Director, Operations, Wolfe Research, as its President for the 2026-2027 season.“I'm grateful to serve once more as President of NIRI NY for the upcoming year. NIRI New York continues to at...
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17.06.26 - 14:39
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Waverly Advisors′ Affiliate Acquires Smithfield Trust Company (Business Wire)
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Strategic partnership marks a significant milestone for trust services offeredBIRMINGHAM, Ala.--(BUSINESS WIRE)--Waverly Advisors, LLC's parent company (together with Waverly Advisors, LLC “Waverly”), has acquired the equity of Smithfield Trust Company, LLC (“Smithfield”). Waverly Advisors, LLC is a federally registered investment adviser (“RIA”) specializing in investment management, financial planning and wealth management services for high-net-worth individuals, families, corporate retirement plans and institutional clients. Smithfield, based in Pittsburgh, PA, manages approximately $3 billion in assets and ranks among the region's largest money management firms. Smithfield is recognized for its fiduciary expertise, personalized client service, and cultivation of long-standing, multi-generational relationships. Waverly's acquisition of Smithfield represents a significant milestone for Waverly, as it expands the firm's trust service line.Founded in 1996, Smithfield is a Pennsylvania-char...
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20.05.26 - 14:33
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ICR Appoints Josh Hochberg as President, Communications (Business Wire)
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Veteran advisor joins firm to help lead next phase of growth across strategic communications and capital markets engagementNEW YORK--(BUSINESS WIRE)--#ICR--ICR, a leading strategic communications and advisory firm, today announced that Josh Hochberg has joined the firm as President, Communications.
Hochberg brings nearly three decades of experience advising companies, boards of directors and financial sponsors on strategic communications, capital markets related communications and complex special situations. He will work across ICR's platform to help clients navigate increasingly interconnected reputation and stakeholder challenges.
Prior to joining ICR, Hochberg spent almost a decade at Edelman Smithfield, where he most recently served as COO and Global Head of Special Situations and Investor Relations. Earlier in his career, he spent more than 13 years at Sloane & Company in various leadership roles.
At ICR, Hochberg will focus on further integrating the firm's industry and sector teams, expanding the...
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