Shares of the Dallas, Texas- based Dean Foods Co spin-off changed hands at $16.87, after pricing at $17 on Thursday evening. Reuters reported late on Thursday that Mexico's Grupo Lala, Michael Foods and Apollo were eyeing the Morningstar business, which could be valued between $1 billion and $1.5 billion.
NEW YORK-- Shares of Dean Foods fell Friday after the company completed the spinoff of its organic dairy company. THE SPARK: Shares of WhiteWave Foods started trading Friday morning on the New York Stock Exchange after its initial public offering of shares priced at $17 per share.
Oct 26- WhiteWave Foods Co shares rose almost 12 percent in their New York Stock Exchange debut on Friday, as investors bet on the growth of the organic foods sector. Shares of the Dallas, Texas- based Dean Foods Co spinoff opened at $19, up 11.8 percent, after pricing at $17, above the expected range.
Oct 26- WhiteWave Foods Co shares rose almost 12 percent in their New York Stock Exchange debut on Friday, as investors bet on the growth of the organic foods sector. Shares of the Dallas, Texas- based Dean Foods Co spinoff opened at $19, up 11.8 percent, after pricing at $17, above the expected range.
NEW YORK, Oct 26- U.S. stock index futures fell on Friday after technology giants Apple and Amazon.com reported lackluster earnings and outlooks, and ahead of economic growth data.
The company was spun off from Dean Foods Co. at a time when the organic and natural foods segment is growing faster than the broader packaged food market.
*Dean Foods' Morningstar draws strategic, PE interest. NEW YORK, Oct 25- Dean Foods Co's Morningstar business has attracted takeover interest from Michael Foods and Mexican dairy company Grupo Lala, people familiar with the matter said, in a deal that could be valued in the $1 billion to $1.5 billion range.
*Dean Foods' Morningstar draws strategic, PE interest. NEW YORK, Oct 25- Dean Foods Co's Morningstar business has attracted takeover interest from Michael Foods and Mexican dairy company Grupo Lala, people familiar with the matter said, in a deal that could be valued in the $1 billion to $1.5 billion range.
NEW YORK-- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:. Quest Diagnostics Inc., down $3.62 at $59.75. Dean Foods Co., up $1.92 at $16.96.
NEW YORK-- A surprisingly strong housing report helped push the stock market mostly higher Wednesday, while weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average. Better results from Mattel, Goldman Sachs, and Johnson& Johnson shot the stock market higher Tuesday.
DALLAS-- Dean Foods Co.' s subsidiary WhiteWave plans to raise up to $368 million in its initial public offering. The company, which sells Silk Soymilk and International Delight Creamers, will offer 20 million shares for between $14 and $16 per share, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.
Oct 12- Dean Foods Co:. *Stifel Nicolaus raises Dean Foods Co to buy from hold; price target. Reuters Station users, click. 1568.
Oct 11- Dean Foods Co:. *UBS cuts Dean Foods Co price target to $15.5 from $17.5; rating neutral. Reuters Station users, click. 1568.
Dean Foods Co. shares fell Thursday after a UBS analyst downgraded his rating on the company's shares, expressing concern about rising dairy prices. THE BIG PICTURE: Dean Foods is one of the nation's largest dairy processors and milk distributors.
--We expect Kansas City, Mo.- based Dairy Farmers of America Inc.' s proposed new financing initiatives to result in an increase in the company's total debt. Rating Action On Oct. 9, 2012, Standard& Poor's Ratings Services revised its rating outlook on Dairy Farmers of America Inc. to negative from stable.