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Stock Market & Financial Investment News

News Breaks
January 3, 2013
11:18 EDTDF, WWAVDean Foods sees about $887M in proceeds from sale of Morningstar division
Dean Foods Company (DF) announced the completion of the previously announced sale of its Morningstar Foods division to Saputo for US$1.45B. As a result of this transaction, Dean Foods expects to realize approximately US$887M in proceeds, net of taxes and expenses. The company plans to use all net proceeds toward fully retiring its remaining senior secured term debt, significantly lowering its leverage and increasing its financial flexibility. Dean Foods also completed the previously announced transaction with The WhiteWave Foods Company (WWAV), a controlled subsidiary of the company, whereby WhiteWave received $60M net of taxes as consideration for the termination of an option to purchase plant capacity and property at a Morningstar facility and the sale to Morningstar of certain manufacturing equipment located at another Morningstar plant.
News For DF;WWAV From The Last 14 Days
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March 25, 2015
10:43 EDTWWAVFood makers advance after Kraft, Heinz announce merger
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06:04 EDTDFClean Energy agrees with Dean Foods to construct natural gas station
Clean Energy (CLNE) announced an agreement with Dean Foods (DF) to construct a compressed natural gas station at its Oak Farms Dairy plant in Houston, Texas. Beginning in the second half of 2015, the station will be used to fuel the CNG vehicles deployed by Dean Foods. Over the next several months, Dean Foods will introduce 57 CNG Freightliner M2-112 straight trucks and 7 Freightliner Cascadia over-the-road tractors powered by the Cummins ISL-G and ISX12-G engines, respectively and outfitted with Agility CNG fuel tanks.
March 24, 2015
11:11 EDTWWAVWhiteWave hits 52-week high following upbeat analyst notes
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10:01 EDTWWAVOn The Fly: Analyst Initiation Summary
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08:41 EDTWWAVWhiteWave Foods price target raised to $50 from $40 at Oppenheimer
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07:36 EDTWWAVWhiteWave Foods initiated with a Buy at Argus
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March 22, 2015
14:59 EDTWWAVPinnacle Foods enters bidding for meatless food company Quorn, Telegraph says
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March 20, 2015
11:36 EDTWWAVWhiteWave Foods management to meet with Stephens
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March 19, 2015
07:19 EDTWWAVPiper Jaffray to hold a field trip
Investor Field Trip travels throughout Boulder and Denver, Colorado on March 19.

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