Dean Foods Bankrupt

Dean Foods Files for Bankruptcy

Dean Foods, America's largest milk producer, is filing for bankruptcy. The 94-year-old company has struggled in recent years because Americans are drinking less cows milk. 2019 has been particularly brutal: the company's sales tumbled 7% in the first half of the year, and profit fell 14%. Dean Foods stock has lost 80% this year...

By | November, 13, 2019|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Under Armour Accounting Issues

Under Armour Shares Plunge

Under Armour's accounting practices are under investigation in the United States, heaping pressure on the struggling company as it seeks to reverse years of lackluster sales. The sportswear maker acknowledged in a statement Sunday that it faces probes from the US Department of Justice and the US Securities and Exchange Commission...

By | November, 5, 2019|Categories: Articles, Featured|Tags: , , , , , |0 Comments