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Dole Food Company, Inc. (DOLE)

- NYSE
DOLE is defunct since November 1, 2013. acquired by a private company
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  • Aug. 12, 2013, 9:24 AM
    • Dole Food (DOLE) says it worked out an agreement with David Murdock to sell the company back to its previous owner for $13.50 per share.
    • The buyout price is $1.50 higher than a previous offer Murdock made through his affiliated companies.
    • The deal has a short 30-day go-shop period and is expected to close during Q4.
    • DOLE +5% premarket to $13.45.
    | Comment!
  • Jun. 11, 2013, 12:45 PM
    Midday top 10 gainers: SGOC +56%. BEAT +53%. UQM +30%. PGNX +26%. DOLE +21%. NOA +21%. QCOR +20%. VNDA +19%. ALTI +13%. CMGE +13%.
    Midday top 10 Losers: GNMK -23%. LULU -17%. SMA -16%. ALVR -15%. LDK -10%. PRIS -10%. RSOL -10%. IMUC -9%. ECTE -9%. COCO -9%.
    | 1 Comment
  • Jun. 11, 2013, 11:18 AM
    Shares of Dole Food (DOLE +21.3%) move up 21.5% to top the $12 offer price from CEO David Murdock as some traders bet another offer will come down the pike. If the script sounds familiar, it's because the 90-year old Murdock has bought and sold Dole before in the past.
    | 1 Comment
  • Jun. 11, 2013, 9:10 AM
    Premarket gainers: BEAT +48%. QCOR +29%. DOLE +22%. CTRX +13%. SURG +9%. GME +5%.
    Losers: LULU -15%. LDK -9%. IRE -6%. STP -6%. KGC -6%. XTEX -5%
    | Comment!
  • Jun. 11, 2013, 7:09 AM
    Dole Food (DOLE) Chairman David Murdock is putting together a bid to buy the business for approximately $1.07B, according to the AP. The board will meet over the next few days to consider the offer. DOLE +16.2% premarket.
    | 3 Comments
  • May 29, 2013, 1:00 PM
    "Too many, too few, who cares? It's a strawberry problem," Joe Terranova said yesterday on CNBC, referencing Dole Food's (DOLE -3.8%) Tuesday announcement regarding strawberry business losses, share buyback cancellations, and ship purchases. Today, Goldman lowers its price target on the shares to $10.50 (which would be an improvement from current levels) from $11, citing the news. The shares are off ~9% this week.
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  • May 28, 2013, 10:58 AM
    Dole Food (DOLE -6.1%) craters after suspending the $200M share repurchase program it announced earlier this month. The company has decided to purchase three new refrigerated container ships instead for $165M, replacing three existing ships which are nearly three decades old. DOLE also says it expects "full-year losses in [the] strawberry business to be ~$23M below plan." (PR)
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  • May 9, 2013, 9:09 AM
    Dole Food (DOLE) approves a fresh $200M share repurchase program. DOLE +2.4% premarket, reversing a post-closing dip following the release of Q1 earnings.
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  • May 2, 2013, 7:31 PM
    More on Dole Food (DOLE): Q1 comes in just shy of EPS estimates as net earnings swung to a loss on charges related to the recent divestiture of several business lines and a 3% Y/Y decline revenue. Shares -2% AH.
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  • Mar. 13, 2013, 9:10 AM
    Premarket gainers: BGMD +15%. SUMR +10%. PPHM +5%
    Losers: SPPI -36%. VELT -32%. ASMI -13%. EXPR -13%. TEU -10%. DOLE -7%. WFR -6%.
    | Comment!
  • Mar. 12, 2013, 6:26 PM
    More on Dole Food (DOLE): Q4 misses on revenue with a 7.7% Y/Y decline in total sales. Net losses rose as the fruit-and-vegetable producer recorded weaker fresh-fruit sales due to a divestiture and was hurt by costs related to the deal. Sales of fresh vegetables, the smaller of its two units, rose 7.3%Y/Y, while fresh fruit sales - excluding businesses the company is shedding - fell 12% on lower pricing for bananas in North America as well as higher fruit costs in Europe. Shares -5.4% AH.
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  • Jan. 28, 2013, 9:10 AM
    Premarket gainers: FURX +49%. KERX +46%. NTE +14%. SNE +7%. DOLE +7%. HES +6%. GGC +6%. ACAD +5%.
    Losers: JOSB -17%. MTG -5%.
    | Comment!
  • Jan. 28, 2013, 8:15 AM
    A significant deal by Dole Food (DOLE) to sell off its packaged foods and fruit operations in Asia could set up the stock for huge gains over the next few years, speculates Barron's. The company has over 113K acres of prime real estate which if factored in at current prices brings the company's earnings multiple to an attractive valuation. DOLE +5.4% premarket off the Barron's nod.
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  • Jan. 2, 2013, 12:45 PM
    Midday top 10 gainers: ZIP +48%. BIOF +28%. STXS +25%. GIGA +21%. FORD +19%. IQNT +20%. EGLE +18%. OTT +18%. GEVO +17%. APAGF +17%.
    Midday top 10 Losers: ABT -51%. SKUL -14%. DOLE -13%. TRIT -12%. ATAI -12%. HMNY -9%. CHRM -9%. NTLS -9%. VSCI -8%. MR -8%.
    | 2 Comments
  • Jan. 2, 2013, 12:14 PM
    Shares of Dole Food (DOLE -13.3%) fall after the company issues some comments over the "challenging" banana market environment. A 14% loss to the supply of bananas in the Asia market due to a typhoon and aggressive moves by importers in North America are factors mentioned by the company.
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  • Sep. 18, 2012, 9:10 AM
    Premarket gainers: VELT +12%. DOLE +7%. TRGT +7%. ROSG +6%.
    Losers: AMD -9%. CLWR -6%.
    | 1 Comment
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Company Description
Dole Food Company, Inc. was founded in Hawaii in 1851 and was incorporated under the laws of Hawaii in 1894. Dole reincorporated as a Delaware corporation in July 2001. Dole’s principal executive offices are located at One Dole Drive, Westlake Village, California 91362, telephone (818)... More