Latest Land O'Lakes Stories
The U.S. Food and Drug Administration says Land O'Lakes Purina Feed LLC is voluntary recalling a single lot of a Country Acre-brand poultry feed product. The FDA said the poultry feed product contains a higher than acceptable level of salt, posing a serious health hazard and potential for mortality in poultry. The product was manufactured at a St. Joseph, Mo., feed plant and was distributed in 50-pound bags to dealers in northeastern Oklahoma, eastern and central Kansas, western Arkansas and...
ARDEN HILLS, Minn., April 23 /PRNewswire/ -- Land O'Lakes, Inc. today scheduled its first quarter earnings call for investors. The call will begin at 1:00 p.m., Eastern Time on Thursday, May 7, 2009. The call will be preceded by an earnings release that morning. Presentation materials related to the call will be made available on Thursday morning at Land O'Lakes web site, www.landolakesinc.com, under the heading "Investor Relations," then "Investor Call." The conference call will be led by...
ST. PAUL, Minn., March 9 /PRNewswire/ -- Land O'Lakes, Inc. announced the appointment of Galen G. Vetter as an advisory member to the national food and agricultural cooperative's Board of Directors. Vetter was formerly worldwide Chief Financial Officer of funds at Franklin Templeton Investments, a global investment management organization headquartered in San Mateo, Calif. Prior to joining Franklin Templeton Investments, Vetter served as Partner In-Charge of the Upper Midwest Region for...
MINNEAPOLIS, Feb. 25 /PRNewswire/ -- Land O'Lakes Chairman of the Board Pete Kappelman today reflected on the positive business results achieved by the national food and agricultural cooperative in 2008 and encouraged member-owners to continue to build on this solid performance through an unstable economic environment. "2009 is, no doubt, going to be a challenging year for all of us. However, your cooperative has the financial foundation and strategies in place to weather the storm and be...
For the fifth time, WhiteWave Foods Company (WWFC) has been named a 2008 Green Power Leadership Award winner by the U.S. Environmental Protection Agency (EPA). The annual awards recognize the country's leading green power purchasers for their commitment to helping advance the development and use of renewable energy. The EPA presented WWFC with the award at an event held in conjunction with the 2008 National Renewable Energy Marketing Conference in Denver, Colo. "Investing in renewable energy...
The California Milk Advisory Board (CMAB) announced today that on November 8, key board members, members of the executive team and several partners will travel to China to participate in an organized trade mission. The delegation will be investigating and promoting the state dairy industry's trade opportunities with the country as demand for products made with Real California Milk increases. This trade mission is extremely well timed to take advantage of heightened opportunities to open...
ARDEN HILLS, Minn., Oct. 30 /PRNewswire/ -- Land O'Lakes, Inc. today reported third-quarter net sales of $2.9 billion and net earnings of $59.9 million, as compared to net sales of $2.1 billion and net earnings of $5.2 million, respectively, for the same quarter one year ago. Year to date, the company reported net sales of $9.4 billion and net earnings of $224.0 million, as compared to $6.3 billion and $137.4 million for the first three quarters of 2007. Land O'Lakes CEO Chris Policinski...
DALLAS, Oct. 23 /PRNewswire-FirstCall/ -- Dean Foods Company will host a live webcast of its third quarter earnings conference call on November 4, 2008 at 9:30 a.m. ET. Management will discuss the results for the third quarter and comment on the forward outlook. An earnings release will be issued before the market opens on the same date. The webcast is expected to last approximately one hour and will be accessible by visiting http://www.deanfoods.com/ and by clicking on "Webcast." In order...
DALLAS, Aug. 19 /PRNewswire-FirstCall/ -- Dean Foods Company today announced that Gregg Engles, Chairman and Chief Executive Officer, is exercising stock options for approximately 1.55 million shares. Engles is paying the exercise price through the delivery of currently owned shares. He intends to hold all of the shares of Dean Foods common stock obtained through the option exercise net of those shares necessary to cover the related tax liability. The 1.55 million options were granted to...
DALLAS, Aug. 6 /PRNewswire-FirstCall/ -- Dean Foods Company today announced that the Company earned $0.31 per diluted share from continuing operations for the quarter ended June 30, 2008, compared with $0.21 per diluted share from continuing operations in the second quarter of 2007. Net income from continuing operations for the second quarter totaled $48.9 million, compared with $28.2 million in the prior year's second quarter. On an adjusted basis (as defined below), diluted earnings per...
