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Alliance One International, Inc. (NYSE: AOI) shares dropped 11.23 percent to close at $3.24 a share Monday. The stock traded between $3.18 and $3.50 on volume of 995,361 shares traded. The company reported a net loss of $36.9 million for the first quarter of fiscal 2014, compared to a net loss of $30.7 million a year ago. Shares of Alliance One International have fallen approximately 11.0 percent year-to-date.
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Dole Food Company, Inc. (NYSE: DOLE) shares spiked 5.31 percent to close at $13.49 a share Monday. The stock traded between $13.44 and $13.52 on volume of 14.66 million shares traded. The company has agreed to be acquired by Chairman and Chief Executive David H. Murdock for approximately $1.6 billion, or $13.50 a share, which is a 32 percent premium from Mr. Murdock’s previous proposal. Shares of Dole have gained approximately 17.6 percent year-to-date.
Get more information on Dole and free access to the in-depth equity report at:
www.FiveStarEquities.com/DOLE
Krispy Kreme Doughnuts (NYSE: KKD) shares spiked 5.23 percent to close at $22.52 a share Monday. The stock traded between $21.72 and $23.31 on volume of 2.87 million shares traded. Janney has recently upgraded the company’s rating to “buy” from “neutral”. Shares of Krispy Kreme Doughnuts have gained approximately 140.0 percent year-to-date.
Get more information on Krispy Kreme Doughnuts and free access to the in-depth equity report at:
www.FiveStarEquities.com/KKD
Pinnacle Foods Inc. (NYSE: PF) shares gained 2.87 percent to close at $26.19 a share Monday. The stock traded between $25.98 and $26.94 on volume of 935,486 shares traded. The company announced it has agreed to acquire the Wish-Bone salad dressings business from Unilever PLC for approximately $580.0 million. Shares of Pinnacle Foods have gained approximately 18.0 percent year-to-date.
Get more information on Pinnacle Foods and free access to the in-depth equity report at:
www.FiveStarEquities.com/PF
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