Nordstrom bucked the trend of lower sales in department stores, while Cosi joined other restaurants in pointing to high food costs for its earnings miss.» Read More
WASHINGTON, Nov 17- The U.S. Supreme Court on Monday declined to hear Dean Foods Co's appeal over claims the business conspired to restrict competition for bottled milk in the southeastern United States, forcing the company to face an antitrust suit over the matter. The high court's refusal to intervene means a January ruling by the Cincinnati- based U.S. 6th...
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Dean Foods Co., up $1. 98 to $16.40. Toll Brothers Inc., up 73 cents to $32.95.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. Dean Foods Co. rose 13.7 percent to $16.40. Global Partners LP rose 11.4 percent to $43.35.
*3rd- qtr adj loss/shr $0.03 vs est $0.13. Nov 10- Dean Foods Co, the largest U.S. milk processor, forecast its first quarterly adjusted profit in a year, due to cost cuts and a steep fall in butterfat prices. Dean Foods said it expected a decline in production and distribution costs as a result of 12 plant closures and other cost-cutting measures.
Dean Foods soared 14 percent Monday after reporting earnings that came in better than Wall Street analysts were expecting. Homebuilder Toll Brothers rose 2 percent after reporting a big jump in revenue. Cable companies fell after President Barack Obama said Internet providers shouldn't be allowed to cut deals with online services like Netflix to...
NEW YORK— U.S. stock indexes are little changed in early trading as the market holds at record high levels reached last week. Dean Foods soared 13 percent Monday after reporting earnings that came in better than Wall Street analysts were expecting. Homebuilder Toll Brothers rose 4 percent after reporting its results.
Nov 10- Dean Foods Co, the largest U.S. milk processor, reported a quarterly adjusted loss that beat market estimates for the first time in seven quarters, sending shares up 10 percent in premarket trading. The average cost of raw milk rose about 24 percent, Dean Foods said, dragging the company to its fourth straight loss in the third-quarter ended Sept. 30.
Nov 10- Dean Foods Co, the largest U.S. Net sales rose 8 percent to $2.37 billion in the third quarter ended Sept. 30. Net loss attributable to the company was $16 million, or 17 cents per share, compared with a profit of $415.1 million, or $4.35 per share, a year earlier.
DALLAS— Dean Foods Co. shares soared Monday after the dairy company reported a much smaller loss than expected for its third quarter and projected a profit for the fourth quarter and a smaller loss than expected for the full year. But Dean Foods said that it believes it is on the path to rebuild its profitability in 2015.. Dean Foods reported a loss of $16 million in...
Toll Brothers, a builder of luxury homes, rose after saying its revenue surged in the most recent reporting period. Dean Foods jumped after the dairy company reported a much smaller loss than expected for its third quarter and projected a profit for the current quarter. said Karyn Cavanaugh, a senior market strategist at Voya Investment Management. "
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More than a dozen food retailers have cited higher costs hurting results last quarter as prices for some staples, like cheese, soar.
Take a look at some of Monday's midday movers:
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.
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