DOLE FOOD CO INC (NYSE:DOLE), Down By 14.04% ($1.48) From $10.540 After BUYINS.NET Report Predicted Weakness After Earnings
November 21, 2011 / M2 PRESSWIRE / BUYINS.NET, www.buyins.net , a provider of unique trading technologies, released a report on Wednesday, November 16th 2011 stating that DOLE FOOD CO INC (NYSE:DOLE) was expected to be Down After its earnings release. Click here to view the BUYINS.NET report: http://www.buyins.net/releases/?sym=dole&id=212232
At the time this story was written, DOLE FOOD CO INC (NYSE:DOLE) is Down By 14.04% ($1.48) From $10.540 since the BUYINS.NET report was released.
The movement of stock prices in the days and weeks leading to and following earnings announcements may follow a predictable pattern. Most companies stock price histories show random or unpredictable movements around earnings dates. But some seem to repeat the same pattern quarter after quarter, year after year. The specific technology used to make these predictions is available for a low monthly fee at http://www.squeezetrigger.com/services/strat/mh.php
DOLE FOOD CO INC (NYSE:DOLE) - Dole Food Company, Inc. engages in sourcing, growing, processing, distributing, and marketing fresh fruits, vegetables, and packaged foods. The company operates in three segments: Fresh Fruit, Fresh Vegetables, and Packaged Foods. The Fresh Fruit segment produces and markets fresh fruit to wholesale, retail, and institutional customers. It offers bananas under the DOLE brand name; distributes DOLE and non-DOLE branded fresh produce in Europe; offers pineapples under DOLE TROPICAL GOLD label; and exports Chilean fruits, such as grapes, apples, pears, stone fruits, and kiwifruits primarily to North America, Latin America, and Europe. The Fresh Vegetables segment sources, harvests, cools, distributes, and markets approximately 20 types of fresh and fresh-cut vegetables, including iceberg lettuce, red and green leaf lettuce, romaine lettuce, butter lettuce, celery, cauliflower, broccoli, carrots, brussels sprouts, green onions, asparagus, snow peas, and artichokes; fresh strawberries; and packaged salads and packaged fresh-cut vegetables. The Packaged Foods segment produces canned pineapple, canned pineapple juice, fruit juice concentrate, fruit in plastic cups, jars and pouches, fruit parfaits, snack foods, and frozen fruit. The company sells its products principally to mass merchandisers and supermarkets. Dole Food Company operates in North America, Latin America, Europe, the Middle East, and Africa, as well as in Asia, primarily comprising China, Japan, Korea, the Philippines, and Thailand. The company was founded in 1851 and is based in Westlake Village, California. Dole Food Company Inc. operates as a subsidiary of Dole Holding Company, LLC.
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