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Dean Foods to speed up the closure of milk factories
date:Aug 09, 2013
Shares of Dallas-based Dean, known for its Meadow Gold and Dean's milk, fell as much as 9 percent after it said that the current quarter would be the most challenging this year.

Dean lost a large Wal-Mart Stores (WMT.N) contract earlier this year and an analyst warned that price pressure from retailers and competitors won't go away anytime soon.

Commodity costs remain volatile and competitive pressures are quite intense and shows no sign of easing, Erin Lash of Morningstar Inc told Reuters.

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12/24 03:45