Home › A2 Milk's US suitor target of SEC insider trading probe
 

Keywords :   


A2 Milk's US suitor target of SEC insider trading probe

2015-08-11 18:33:16| Food - Topix.net

A2 Milk suitor, Dean Foods, is refusing to explain the sudden departure of its chairman after the US regulator launched an insider-trading investigation into the American dairy giant. The probe and surprise resignation of Dean chairman Tom C. Davis, as well as a steeper-than-expected decline in quarterly sales, sparked a sell-off in the company's shares, which dived as much as 18 per cent in New York on Monday.

Tags: sec target trading insider

Category:Food and Related Products

Latest from this category

All news
»
15.05Easing US inflation stokes interest rate cut debate
15.05Free From Skincare Award Finalists Announced
15.05Sub-postmasters are self-indulgent, said PO exec
15.05Axalta Hosting Strategy Day; Outlining Three-Year Plan for Accelerating Performance
15.05Pork has its place in healthy, sustainable global diets
15.05BASF Paves the Way for Young Painters at WorldSkills Finals Lyon 2024
15.05Orchard Custom Beauty to Showcase New Product Concepts at PLMA World of Private Label in Amsterdam
15.05Sontara Offers Sri Flo Wipes
More »