More than a dozen food retailers have cited higher costs hurting results last quarter as prices for some staples, like cheese, soar.» Read More
Aug 11- Dean Foods Co, the largest U.S. milk processor, withdrew its full-year profit forecast, saying raw milk prices remained "unpredictable and volatile."
Aug 11- Dean Foods Co said it was withdrawing its full-year forecast, citing record high milk costs. Dean Foods' shares fell as much as 8.3 percent in premarket trading on Monday. The company's net loss narrowed to $1 million, or 1 cent per share, in the second quarter ended June 30, from $57 million, or 61 cents per share, a year ago.
There's a slew of data coming in the week ahead, but it's geopolitical events that could keep markets volatile—particularly when it comes to Russia.
Jim Cramer says this isn’t the kind of stock that he normally recommends. But given the opportunity, he can’t help himself.
Food industry M&A is ramping up, and pros say there's a lot more action ahead. Who's next?
Stocks fell, with the S&P 500 turning lower after rising to another record.
U.S. stock index futures declined on Tuesday, ahead of further housing market data.
Some of the names on the move ahead of the open.
June 23- U.S. authorities have sought information from Dean Foods Co and Clorox Co in connection with an insider-trading investigation of billionaire investor Carl Icahn, the Wall Street Journal reported, citing people familiar with the matter.
Officials are subpoenaing Dean Foods for information on activist investor Carl Icahn and golfer Phil Mickelson, the Wall Street Journal reports.
NEW YORK, May 30- The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said. Spokespeople for Mickelson, the FBI and the SEC declined to comment.
The golfer did not trade in Clorox just as Carl Icahn was mounting an unsolicited takeover bid, say four people briefed on the matter. The NYT reports.
CNBC's Andrew Ross Sorkin provides insight to the New York Times report the FBI and the SEC did not find evidence Hall of Fame golfer Phil Mickelson traded Clorox shares.
June 12- Golf star Phil Mickelson was not involved in insider trading in the shares of Clorox Co when billionaire investor Carl Icahn was attempting an unsolicited takeover of the consumer products company in 2011, the New York Times reported, citing people briefed on the probe.
All too often, Cramer hears that stocks have become commoditized. That is, they trade as a unit just like corn and wheat.
Mark Cuban knows a thing or two about insider-trading scrutiny, and he took to Twitter on Monday to make a few points on the subject.
Golfer Phil Mickelson said Saturday that he had not broken the law and has cooperated with federal investigators.
Billionaire investor Carl Icahn, golfer Phil Mickelson and gambler William Walters are under investigation for possible insider trading, Reuters reported.
The FBI and securities regulators are investigating Carl Icahn, golfer Phil Mickelson and gambler Billy Walters, the WSJ and NYT reported.
NEW YORK, May 30- The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said.