Dean Foods stock was shooting higher Monday morning on rumors that Canada’s Saputo may be looking to buy the organic-foods maker.
The Back Story. Dean Foods (ticker: DF) peaked at more than $43 at the start of 2007 and it has basically been downhill ever since. This year, the stock was hit by a debt downgrade at S&P Global Ratings and the company suspended its dividend after downbeat 2018 full-year results.
To read the rest of the story, please go to: Barron’s
Dean Foods announces that Jody Macedonio has stepped down from her position as CFO of the company. …
Saputo Dairy USA and Hyperlight Energy, the developer of the world’s lowest-cost solar steam technology, Hylux™, are pleased to announce a collaborative partnership aimed at cost effectively reducing greenhouse gas (GHG) emissions in an industrial setting. Having recently broken ground to implement the innovative renewable thermal energy system at one of its facilities in California, SDUSA will leverage the Hylux™ technology to reduce the CO2 intensity of its operations. …
“This team is proven, deeply capable, and prepared to set the course for our continued success,” said Carl Colizza, President and CEO. …
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