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Stock Market & Financial Investment News

News Breaks
December 3, 2012
18:33 EDTDFFitch: Dean Foods' ratings not immediately affected by Morningstar sale
Dean Foods company's credit ratings and Positive Rating Watch will not be immediately impacted by the firm's announcement to sell its Morningstar Foods division. Fitch upgraded Dean's ratings on Nov. 5 due to the firm's reduced financial leverage, improved credit profile, and increased profitability at its Fresh Dairy Direct operations. Fitch also placed Dean's ratings on Watch Positive due to Fitch's view that further deleveraging was possible following the spin-off and potential divestiture of Morningstar. Dean's issuer default rating could be upgraded to the 'BB' range following the closing of the Morningstar transaction, due to the firm's significantly reduced leverage.
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June 14, 2013
16:33 EDTDFWhiteWave files to sell up to 34.4M shares of Class A stock held by Dean Foods
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June 13, 2013
08:40 EDTDFDean Foods management to meet with Deutsche Bank
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June 12, 2013
10:14 EDTDFOn the Fly: Downgrade Summary
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09:19 EDTDFDean Foods management to meet with Deutsche Bank
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June 11, 2013
16:27 EDTDFDean Foods downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Dean Foods with a $12 price target citing valuation and volume declines.

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