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Dean Foods Co. reported its first-quarter profit rose to $492.6 million, or $2.63 a share, from $37.9 million, or 20 cents a share, a year earlier. Adjusted earnings were 29 cents a share. Revenue rose slightly to $2.88 billion, from $2.87 billion a year earlier, the food company said Thursday. Analysts had expected earnings of 27 cents a share on revenue of $2.98 billion, according to FactSet. The strong unadjusted earnings per share primarily reflects the sale of the company's Morningstar business in January. Going forward, the company expects a low-to-mid single-digit decline in volumes, which it plans to offset with cost reduction. Nonetheless, it reaffirmed its full-year adjusted earnings per share range of between 45 and 55 cents. Stocks were up 2.37% in premarket trading Thursday.Copyright © 2013 MarketWatch, Inc....
Dean Foods Co. (DF) swung to a fourth-quarter profit as the company benefited from a comparison with a year-earlier quarter bogged down by large charges, while reven...
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FBN’s Robert Gray on Dean Foods ’ sale of its Morningstar division to Saputo.
Canadian dairy-products giant Saputo Inc. (SAP.T) said Monday that it has agreed to buy Dean Foods Co.'s (DF) Morningstar division for $1.45 billion, boosting its pr...
FBN's Diane Macedo breaks down late-morning market news.
Dean Foods Inc. [: df] said Monday it agreed to sell its Morningstar Foods unit to Saputo Inc. for $1.45 billion. Morningstar makes dairy and non-dairy extended shel...
Dean Foods (NYSE:DF) beat the Street on Thursday by swinging to a stronger-than-expected third-quarter profit and hiking its full-year earnings guidance.Shares of th...
Stock index futures were little changed on Thursday, indicating investors remained cautious about the market ahead of impending data and in the wake of steep decline...
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FBN's Tracy Byrnes breaks down afternoon market news.
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With Friday's payrolls report serving as a springboard to lift Wall Street stock indexes to fresh all-time highs, investors are left to contemplate whether the gains...
Dean Metropoulos may not be a household name, but the food industry veteran's reach extends from the pantry to the refrigerator to the freezer.Metropoulos, who works...
Many investors that use traditional valuation metrics in their stock selection process have a tendency to focus on the price-to-book ratio and the price-to-earnings ...
FBN's Nicole Petallides on stocks impacting the afternoon markets.
Retail Sales in the U.S. rose for the third straight month, showing that the economy remains on solid, if not spectacular, footing. Wall Street traders yawned at the...
Shares of Dean Foods (NYSE:DF) swung 8% lower on Wednesday after the food and beverage company reported disappointing fourth-quarter earnings and affirmed plans to s...
A weak outlook sent shares of milk producer Dean Foods tumbling Wednesday morning. The stock dropped 8% to $16.85 a share, ranking it as the second-worst percentage ...
