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Walmart Shoppers Shun Electronics For Black Friday Deals On Eggs, Bread, Slippers
Friday, November 29, 2024 - 1:24pm | 457Some consumers might have groceries on their minds instead of Christmas gifts or in their holiday shopping carts. What Happened: Consumers are looking for top deals on televisions, video game consoles and toys this Black Friday shopping season, which comes as experts predict the shopping holiday...
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Oatly Rallies On Nasdaq Debut: What Investors Need To Know
Thursday, May 20, 2021 - 12:04pm | 421Swedish oat milk maker Oatly Group AB (NASDAQ: OTLY) opened for trading Thursday after announcing an initial public offering on of 84.4 million American Depositary Shares priced at $17 a share, on the high end of expectations. Oatly’s IPO raised $1.43 billion, and the $17 share...
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Vegan Milk Company Oatly Makes Big Splash At Starbucks Ahead Of IPO
Monday, March 1, 2021 - 4:01pm | 311Vegan food and drink maker Havre Global AB, perhaps best known for its oat milk product Oatly, has reached a deal with coffee chain Starbucks Corporation (NASDAQ: SBUX) just days after confirming initial public offering plans. What Happened: Sweden-based Havre Global said Feb. 24 that it...
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Sour Milk: Borden Dairy Accused Of 'Value-Destructive Bankruptcy' By Lender
Wednesday, January 8, 2020 - 5:36pm | 424Borden Dairy Co., a milk producer that has been operating for more than 150 years, was called out by a lender for announcing a "value-destructive" bankruptcy filing on Monday, The Wall Street Journal reported. Borden Lender Calls Move 'Economically Irrational' The credit arm...
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Coca-Cola Now Owns 100% Of Fairlife
Tuesday, January 7, 2020 - 12:19pm | 337Coca-Cola Co (NYSE: KO) said Monday it now owns 100% of high-protein milk shake maker fairlife. What Happened Coca-Cola held a 42.5% stake in fairlife but is now the full owner of the maker of Core Power. The acquisition gives Coca-Cola better exposure to the fast-growing value-added dairy category...
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Got Milk? Dean Foods Files For Chapter 11 Bankruptcy
Tuesday, November 12, 2019 - 10:39am | 353America's largest processor of fresh fluid milk, Dean Foods Co (NYSE: DF) confirmed Tuesday in a press release it filed for Chapter 11 bankruptcy protection. What Happened Dean Foods and substantially all of its subsidiaries initiated a voluntary bankruptcy proceedings in the Southern...
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Beyond Meat Analyst Questions Market Opportunity, Starts Stock With A Sell Rating
Friday, September 6, 2019 - 8:39am | 503Plant-based foodmaker Beyond Meat Inc (NASDAQ: BYND) boasts an impressive product backed up by its ability to execute and win market share. However, the total addressable market may not be as large as many assume it to be. The Analyst D.A. Davidson analyst Brian Holland initiated coverage of...
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Deutsche Bank Loses Appetite For Hostess Brands, Dean Foods
Monday, May 14, 2018 - 12:05pm | 589Deutsche Bank analysts lost their appetite for two food companies Monday, including Twinkies maker Hostess Brands Inc (NASDAQ: TWNK) and major conglomerate Dean Foods Co (NYSE: DF). The Analyst Deutsche Bank's Rob Dickerson downgraded Hostess Brands' stock rating from Buy to Hold...
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Morgan Stanley Upgrades Dean Foods, Cites 'More Balanced' 2018
Wednesday, January 17, 2018 - 4:48pm | 312Shares of Dean Foods Co (NYSE: DF) have lost more than 40 percent over the past year, but one analyst sees a "more balanced" setup for 2018. The Analyst Morgan Stanley's Matthew Grainger upgraded Dean Foods' stock from Underweight to Equal-Weight with an unchanged $11 price...
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Dean Foods Caught In The Crossfire Of Walmart, Kroger's 'Price War'
Thursday, July 27, 2017 - 1:36pm | 457Bernstein said in a note on Thursday structural shifts in the retail environment could weigh on Dean Foods Co (NYSE: DF)'s stock, as emerging threat from hard discounters have led retailers such as Kroger Co (NYSE: KR) and Wal-Mart Stores Inc (NYSE: WMT) to compete more aggressively on...
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Donald Trump's Immigration Plan Could Drive The Price Of Milk Up 90%
Thursday, June 9, 2016 - 1:14pm | 283Donald Trump’s aggressive plan to deport the 11 million illegal immigrants currently living in the United States has certainly struck a chord with Trump’s supporters. However, the economic reality of such a plan could change a lot of people’s minds. According to Bloomberg’s...
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Did You Know We Have A Huge Oversupply Of Cheese?
Tuesday, May 17, 2016 - 12:00pm | 392There is a huge oversupply of cheese in the U.S. to the point that every single person in the country would need to consume an extra three pounds to work it off. There's also the oversupply of milk. The Wall Street Journal noted that America's dairy farmers could produce 212.4 billion...
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Buy Time? Dean Foods Shouldn't Have Sold Off After Wal-Mart Unveiled Milk Production
Wednesday, March 23, 2016 - 11:04am | 648Dean Foods Co (NYSE: DF) saw an 11 percent fall on Tuesday, possibly due to news that Wal-Mart Stores, Inc. (NYSE: WMT) may be churning out its own dairy. News that Wal-Mart may go into milk production next year signifies additional pressure in the dairy industry broadly speaking, and for Dean...
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Dean Foods Gains 3% Following Earnings Beat, Encouraging Outlook
Monday, February 22, 2016 - 9:59am | 366Shares of Dean Foods Co (NYSE: DF) were trading higher by more than 3 percent on Monday after the company reported its fourth quarter results. Dean Foods said that it earned $0.36 per share in the fourth quarter on revenue of $2.023 billion. Wall Street analysts were expecting the company to earn...
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Is Dean Foods Facing A Secular Headwind Of People Consuming Less Breakfast & Milk?
Thursday, May 21, 2015 - 4:12pm | 416Even though fears of decline in milk consumption have been popping up from time to time, shares of Dean Foods Co (NYSE: DF) haven’t seen any kind of downturn, as they are up more than 20 percent year-over-year. Dean Foods CEO, Gregg Tanner, was on CNBC recently to share his outlook on...