ADVFN - Advanced Financial Network.
HOME» NYSE » D » DF Stock Price » DF Stock News

Dean Share News

 Dean Foods Co. Stock Price
DF Stock Price
 Dean Foods Co. Stock Chart
DF Stock Chart
 Dean Foods Co. Stock News
DF Stock News
 Dean Foods Co. Company Information
DF Company Information
 Dean Foods Co. Stock Trades
DF Stock Trades

Dean Foods Seeks Buyer For Wisconsin Dairy Plant On DOJ Pact

DOW JONES NEWSWIRES Dean Foods Co. (DF) said it its seeking bidders for a Wisconsin milk plant it agreed to sell in a March settlement of an antitrust lawsuit brought by the U.S. Justice Department. At the time, the nation's largest dairy processor said it agreed to settle the cases -- which were also brought by the attorneys general of Wisconsin, Illinois and Michigan -- to avoid the time and expense of fighting them. The planned sale substantially unwinds Dean's 2009 purchase of Foremost Farms USA's consumer-products division and marks a victory for the Obama administration's Justice Department in its first effort to challenge a merger. The sale includes a 170,000 square-foot dairy processing facility and the Golden Guernsey and La Vaca Bonita brands. The 2010 lawsuit said the Foremost Farms acquisition reduced competition in the sale of milk to schools and other buyers in Illinois, Michigan and Wisconsin. The case, part of a Justice Department effort to step up antitrust enforcement in the agricultural sector, involved four competitors shrinking to three. Dean Foods in February reported swinging to a fourth-quarter loss on one-time charges and continuing woes at its dairy business. While the company reported signs of retail milk prices finally stabilizing, it offered little optimism for improved earnings in the first half of 2011 and projected full-year returns below analysts' expectations. Dean has been pummeled by heavy competition from private-label brands, as grocers discounted milk in an effort to lure consumers into their stores. The company plans to release its first-quarter results May 10. Shares were down 1.3% at $9.77 recently amid a broad market downturn. The stock is off 41% in the past year. -By Tess Stynes, Dow Jones Newswires; 212-416-2481; Tess.Stynes@dowjones.com

Stock News for Dean (DF)
DateTimeHeadline
04/22/201510:25:02Goodbye to the Messed-Up Expectations Portfolio
04/22/201509:00:00Dean Foods Company Announces Upcoming Webcast of First Quarter...
04/17/201517:03:02The 3 Best Beverage Stocks
04/10/201509:30:33Amended Statement of Ownership (sc 13g/a)
04/02/201517:30:14Statement of Changes in Beneficial Ownership (4)
04/02/201517:26:47Statement of Changes in Beneficial Ownership (4)
04/02/201516:58:29Statement of Changes in Beneficial Ownership (4)
04/02/201516:55:54Statement of Changes in Beneficial Ownership (4)
04/01/201506:34:04Additional Proxy Soliciting Materials (definitive) (defa14a)
04/01/201506:31:46Proxy Statement (definitive) (def 14a)
03/27/201506:07:42Current Report Filing (8-k)
03/26/201516:05:00Dean Foods Completes Refinancing of $1 Billion in Revolving Credit...
03/25/201506:01:00Dean Foods to Deploy 64 CNG Vehicles and Private Fuel Station...
03/18/201513:00:07Proxy Statements: What They Are and Why You Should Read Them
03/10/201517:15:34Current Report Filing (8-k)
03/04/201519:34:00Dean Foods Declares Quarterly Dividend
03/03/201522:51:51Think Twice Before Buying Into The Story At Dean Foods
03/03/201506:04:45Current Report Filing (8-k)
02/23/201515:43:41Dean Foods announces $700M senior notes
02/23/201512:36:36Current Report Filing (8-k)

Dean Foods and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad