Diamond Foods Inc
What Diamond Foods’ Segments Contributed in Fiscal 1Q16
Diamond Foods operates in two segments that are the Snack segment and the Nut segment. The latter consists of the Emerald and Diamond of California brands.
How Did Diamond Foods’ Stock React to Fiscal 1Q16 Earnings?
Diamond Foods (DMND) reported its fiscal 1Q16 earnings on December 9. The stock didn’t react much to the first quarter results. It fell by 0.33% on the day.
Snyder’s-Lance Set to Gain Access to International Markets
Snyder’s-Lance operates in the US, but with Diamond Foods’ presence across Europe, it could be that Snyder’s-Lance gains entry to international markets easily.
Snyder’s-Lance to Acquire Diamond Foods for ~$1.9 Billion
On October 28, a definitive agreement for Snyder’s-Lance to acquire Diamond Foods was entered. Snyder’s-Lance will acquire all outstanding shares of Diamond Foods.