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Diamond Foods (DMND) says it will finally release its restated results for FY10, FY11, and the...

Diamond Foods (DMND) says it will finally release its restated results for FY10, FY11, and the first 3 quarters of FY12 after the close on Nov. 14. The nut vendor, which fired its CEO and CFO in February after announcing payments to walnut growers weren't properly accounted for, will host a CC at 5PM ET on the 14th to discuss the restatements and "current corporate developments."
Comments (3)
  • skyhawk
    , contributor
    Comments (20) | Send Message
     
    This is nuts!
    12 Nov 2012, 05:01 PM Reply Like
  • marvin schwartz
    , contributor
    Comments (83) | Send Message
     
    Unless the company has an unexpected large liability the value of it's brands should be much higher than it's stock price.
    13 Nov 2012, 12:25 AM Reply Like
  • skyhawk
    , contributor
    Comments (20) | Send Message
     
    Agreed...the uncertainty has probably depressed the valuation.
    13 Nov 2012, 09:45 AM Reply Like
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