Consumers Goods Stocks- Dean Foods Firm (NYSE:DF), Ford Motor Co. (NYSE:F ... - StreetWise Report
Shares of Dean Foods Firm (NYSE:DF) collapsed -2. 93% to finish at $17. 21 in previous trading session. Despite bringing in less income, Dallas-based Dean Foods (NYSE: DF) saw its highest gross profit per gallon of milk since 2012, which allowed the firm to earn around $100 million more in the Q2 than during the same period previous year. As consumption hasn’t kept pace with dairy production, which this year will reach its highest in five years, milk prices have slumped about 33 percent since the Q2 of 2014. But that’s good news for Dean Foods, allowing the firm to buy milk at a... The firm also reduced its total volume of all products to 653 million gallons, down from 674 million gallons in the FIRST QUARTER of the year, leading to higher profits on fewer gallons. The corporation has return on equity of -13. 60% and while returns on assets was calculated -3. 10% with -10. 46% year to date performance. Shares of Ford Motor Co. (NYSE:F) was amidthe bears of the day as shares surged 1. 28% to settle at $14. 99. Ford reported on Monday that it will assemble the Ranger pickup in Nigeria starting in the FIRST QUARTER of 2015 as part of its expansion... , in December 2011. Ford redirects truck buyers to the larger Ford F-150 but a core of consumers continue to ask for the return of the smaller pickup. Source: www.streetwisereport.com
