The bank lowered its 2011 EPS from $0.83 to $0.57, vs. consensus estimates of $0.60 per share, and its 2012 EPS from $0.96 to $0.74, vs. consensus estimates of $0.80 per share.
The changes were made to account for greater than expected input inflation, increased 2011 interest and compensation costs, and the increased probability for a break-up of the company.
Dean Foods is currently above its 50-day moving average (MA) of $9.66 and above its 200-day of $9.94.
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UBS increased its price target for Dean Foods Company (NYSE:DF) to $10.60 from $9.00 and maintained its neutral rating.
Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f
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From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
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