NEW YORK, March 1- Veteran food industry investor C. Dean Metropoulos is seeking a new owner for Pabst Brewing Co, best known for blue collar-turned-hipster favorite Pabst Blue Ribbon label, people familiar with the matter said.
BOCA RATON, Fla., Feb 23- Investors are growing impatient with the makers of global brands like Cadbury chocolate, Campbell Soup and Tide laundry detergent, as these stalwart consumer products companies try to boost profits through cost cuts and brand makeovers while smaller rivals take risks and grab market share.
Dryer said the current farm price for milk is about $23 per hundredweight, compared to $17- $18 per hundredweight this time a year ago. China's increased demand in 2013 alone equaled the total increase in milk production in the United States, the European Union, Australia and New Zealand, according to the National Milk Producers Federation.
NEW YORK, Feb 11- Wall Street rose for a fourth straight session on Tuesday as Congress agreed to advance legislation extending U.S. borrowing authority and the Federal Reserve's new chief held off from making any changes to its schedule for trimming stimulus.
*Sprint and CVS climb after results, Dean Foods down. NEW YORK, Feb 11- U.S. stocks rallied on Tuesday as Congress agreed to advance legislation that extends borrowing authority and Federal Reserve Chair Janet Yellen said she wouldn't make any changes to the central bank's schedule for trimming its market-friendly stimulus.
*Sprint and CVS climb after results, Dean Foods down. NEW YORK, Feb 11- U.S. stocks rose 1 percent in a broad rally on Tuesday, with investors relieved the Federal Reserve wouldn't make any changes to its schedule for trimming its market-friendly stimulus.
Feb 11- Dean Foods Co, the largest U.S. dairy processor, warned of a first-quarter loss as a spike in China's demand for imported milk products sent raw milk prices soaring. Dean Foods' shares fell as much as 10.5 percent on Tuesday to their lowest in over a year.
Feb 11- Dean Foods Co, the largest U.S. dairy processor, warned it could post a loss in the first quarter due to a surprise rise in the price of raw milk, sending its shares down as much as 10 percent in early trading. Dean Foods said on Tuesday it did not expect to "fully lap the impact" until the second half of this year.
Feb 11- Dean Foods Co, one of the largest U.S. dairy companies, warned it could post a quarterly loss due to rising prices of milk it buys, sending its shares down 11 percent in premarket trading.
Jan 3- A U.S. federal appeals court has reinstated an antitrust case against Dean Foods Co alleging it conspired to restrict competition for bottled milk in the southeast United States. The case stems from the 2001 merger between Suiza Foods Corp, then the largest U.S. milk processor, and Dean Foods, the second largest.
some of Monday midday movers:
Buoyed by the recent $600 million acquisition of Earthbound Farm, WhiteWave Foods represents a hot play in a hot sector, CNBC's Jim Cramer said.
Dec 9- Dairy products producer WhiteWave Foods Co said it would buy organic food brand Earthbound Farm from investors including private equity firm Kainos Capital for about $600 million to expand its offerings of organic products. Earthbound Farm produces packaged salads and organic fresh and frozen fruits and vegetables, as well as dried fruits and snacks.
Some of Tuesday's midday movers:
More often than not, since the financial crisis began the stock market has been a real turkey around Thanksgiving.
The official "Squawk Box" blog looks at some deluxe apartments in the sky, the Twitter IPO, and one state's proposal to raise money via weed.
Check out which companies are making headlines after the bell Monday:
Check out which companies are making headlines after the bell Wednesday:
Though it’s gained more than 20% ytd, this stock has lagged peers. Cramer thinks that could soon change.
Bulls and bears have been duking it out this week in the worst three day sell off for stocks in two months.