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Stock Market & Financial Investment News

News Breaks
November 30, 2012
09:04 EDTFARMFarmer Bros. shares should be bought on any weakness, says Roth Capital
After Farmer Bros' CFO resigned, Roth Capital expects the company's earnings to rebound strongly over the next several years. The firm maintains a $14 price target and Buy rating on the stock.
News For FARM From The Last 14 Days
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November 17, 2014
09:08 EDTFARMFarmer Bros. to acquire Rae' Launo DSD assets for $1.5M
Farmer Bros. announced a definitive agreement to acquire from Rae' Launo Corporation, or RLC, assets relating to RLC's direct-store deliver, or DSD, business that primarily serves convenience stores in the Southeast and RLC's in-room distributor channel that primarily serves the hospitality industry. Through the $1.5M asset acquisition, Farmer Bros. will acquire additional customers and expand its reach in the Southeastern United States. RLC's senior management team has agreed to join Farmer Bros. Co., helping to promote a smooth customer transition. RLC recorded $3.6M in annual revenue in calendar 2013. The closing, which is subject to the satisfaction of certain conditions, is currently expected by the end of the calendar year 2014.

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