Stock message boards
MNV
Market News Video
MNV MNV 10 Bargains You Can Buy Cheaper Than Insiders Did
MNV
MNV
MNV
MNV
MNV
MNV
MNV


If the video does not load after a few moments, Upgrade to the Latest Flash Player.
MNV Backgroundemail friendsEmail Friendsembed / linkEmbed VideorssRSS Feed standaloneLaunch Standalone Player
Sponsored by: Try ValueForum, the premier value and income stock picking community. Learn about the $5.99 trial
QuoteValueForum is like having a thousand set of eyes
watching the markets for you.
more testimonials »

Diamond Foods Shares Drop on Reports of Director Death
Wednesday, November 23, 10:47 AM ET

Diamond Foods (NASDAQ:DMND) shares are tumbling today on reports that one of its board members committed suicide.

Bloomberg reports that Diamond says there is no connection between the man's death and the board's ongoing investigation of the company's accounting.

Bloomberg noted that the director, Joseph Silveira, had been a director of the company since 2002, and was a member of its audit committee as of 2009.

CNBC reported late yesterday that the death was ruled a suicide, noting that Silveira had recused himself from the accounting investigation.

Diamond Foods said on November 1 that its acquisition of Pringles chips from Procter & Gamble (NYSE:PG) will be delayed until the first half of 2012.

The deal had been expected to close in December, but a probe into walnut accounting has pushed the transaction date back.

Diamond had said the chairman of the audit committee of its board of directors received an external communication regarding the company's accounting to certain crop payments to walnut growers, prompting the investigation.

The company announced the $2.35 billion acquisition in April.

The Pringles transaction, once it closes, is said to position Diamond Foods as the #2 snack maker in the world, behind PepsiCo (NYSE:PEP). The company began as a cooperative for selling walnuts, and has expanded by acquisition, acquiring Pop Secret from General Mills (NYSE:GIS) in 2008 and Kettle Foods in 2010 to add to its Diamond culinary nuts and Emerald Nuts brands.

For MarketNewsVideo.com, I'm Sayoko Murase.

Diamond Foods Shares Drop on Reports of Director Death picture
Friday 2/27 Insider Buying Report: KOFriday 2/27 Insider Buying Report: KO
Related symbols: KO
Thursday 2/26 Insider Buying Report: DD, MRCThursday 2/26 Insider Buying Report: DD, MRC
Related symbols: DD,MRC
Wednesday 2/25 Insider Buying Report: NS, TRUEWednesday 2/25 Insider Buying Report: NS, TRUE
Related symbols: NS,TRUE
10 Bargains You Can Buy Cheaper Than Insiders Did
Top Ranked Dividend Stocks With Insider Buying
10 Stocks Crossing Below Book Value
10 Oversold Stocks You Need To Know About
10 Stocks Crossing Above Their 200 Day Moving Average
10 Stocks Crossing Below Their 200 Day Moving Average
The 10 Most Popular Large-Caps in ETFs
The Top 10 DividendRank'ed DJIA Components
Dow Movers: AXP, KODow Movers: AXP, KO
Related symbols: AXP,KO
Nasdaq 100 Movers: SPLS, MNSTNasdaq 100 Movers: SPLS, MNST
Related symbols: SPLS,MNST
S&P 500 Movers: XEC, MNSTS&P 500 Movers: XEC, MNST
Related symbols: XEC,MNST
S&P 500 Analyst Moves: COFS&P 500 Analyst Moves: COF
Related symbols: COF
Stock message boards
Self Directed Investor
The Warren Buffetts Next Door
Dow Analyst Moves: CATDow Analyst Moves: CAT
Related symbols: CAT
S&P 500 Analyst Moves: TSCOS&P 500 Analyst Moves: TSCO
Related symbols: TSCO
Friday Sector Laggards: Consumer Services, Biotechnology StocksFriday Sector Laggards: Consumer Services, Biotechnology Stocks
Related symbols: WTW,ASCMA,ATRA,IBIO
Friday Sector Leaders: Precious Metals, Apparel StoresFriday Sector Leaders: Precious Metals, Apparel Stores
Related symbols: PZG,PAL,ROST,BOOT
Thursday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty StocksThursday Sector Laggards: Oil & Gas Exploration & Production, Rental, Leasing, & Royalty Stocks
Related symbols: CWEI,HERO,BPT,HGT
Friday's ETF with Unusual Volume: IYLDFriday's ETF with Unusual Volume: IYLD
Related symbols: IYLD,GE,PFE,WMC,JMI
Friday's ETF Movers: GDX, XBIFriday's ETF Movers: GDX, XBI
Related symbols: CDE,BVN,PRTA,INFI,XBI,GDX
XHB, CHII: Big ETF OutflowsXHB, CHII: Big ETF Outflows
Related symbols: XHB,CHII,SPF,RYL,HOLI
Daily Dividend Report: MJN, ROST, GPS, WYN, DLR, ECL, PPLDaily Dividend Report: MJN, ROST, GPS, WYN, DLR, ECL, PPL
Related symbols: MJN,ROST,GPS,WYN,DLR,ECL,PPL
Daily Dividend Report: TD, CM, CB, PLD, KSS, ESS, TMO, ACE, CIDaily Dividend Report: TD, CM, CB, PLD, KSS, ESS, TMO, ACE, CI
Related symbols: TD,CM,CB,PLD,KSS,ESS,TMO,ACE,CI
Daily Dividend Report: HD, CMCSA, BMO, CTL, UFS, MLIDaily Dividend Report: HD, CMCSA, BMO, CTL, UFS, MLI
Related symbols: HD,CMCSA,BMO,CTL,UFS,MLI
Fed Tapers Bond BuyingFed Tapers Bond Buying
Nonfarm payroll Employment Up 175,000 in FebruaryNonfarm payroll Employment Up 175,000 in February
Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4Initial Claims Decrease, Productivity 1.8% Annual Rate Increase in Q4
Weekly Market Wrap: February 27, 2015Weekly Market Wrap: February 27, 2015
Related symbols: BAC,AAPL,JCP,GE,CMCSA
Weekly Market Wrap: February 13, 2015Weekly Market Wrap: February 13, 2015
Related symbols: ZNGA.BAC,GRPN,AAPL,HON,FDX,CSCO,UPS,TWX,UNH
Weekly Market Wrap: February 6, 2015Weekly Market Wrap: February 6, 2015
Related symbols: BAC,TWTR,FTR,SIRI,GE,PEP
Week Ahead Market Report: February 23, 2015Week Ahead Market Report: February 23, 2015
Related symbols: AAPL,BAC,HLSS,NBG,SLXP
Week Ahead Market Report: February 9, 2015Week Ahead Market Report: February 9, 2015
Related symbols: BAC,AAPL,TWTR,NBG,DF,TAP,CG,CSCO,AIG,SJM
Week Ahead Market Report: February 2, 2015Week Ahead Market Report: February 2, 2015
Related symbols: BAC,AAPL,MSFT,FB,AET,GM,P,AON
All videos » |  Stock market definitions »
MNV
MNV
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy - Video Widget
MNV
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV
MNV MNV Chart Zero Stock Market Game Stock Market Definitions
MNV

Diamond Foods Shares Drop on Reports of Director Death | Market News Video | Copyright © 2008 - 2015, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.