- Bank of America Corp DE and several institutional investors modified their holdings in Jbs N.V. during the first quarter.
- JBS reported second-quarter revenue of $23.90 billion, representing a 13.8% increase year over year, while its adjusted earnings per share of $0.20 missed analysts' consensus estimates of $0.32.
- Recent developments for JBS include a $30 million modernization investment in its Pennsylvania beef plant, a leadership transition naming Wesley Batista Filho as global CEO, and a reported $3.54 billion deal with Indonesia's sovereign wealth fund.
