Friday, May 18, 2007

12% Drop of Dean Foods Stock

"Socially concerned investors, who filed a shareholder proposal with Dean Foods, today again questioned the company's management at its Annual Meeting of Stockholders in Dallas as its marquee organic brand faces increasing competitive pressures and a consumer backlash over its reliance on factory-farm milk production. Investors believe the large-scale dairy operations are damaging the image of Dean's Horizon Organic brand and watering down shareholder value."

Read the article

Good! If there's even a shadow of a doubt about their organic department, I don't think people should buy into it.