Reuters
Reuters Breakingviews
Market geniuses don’t even get milk
Thu, Aug 09 15:36 PM EDT

By Robert Cyran The author is a Reuters Breakingviews columnist. The opinions expressed are his own.When the most pedestrian of groceries can surprise investors, something has clearly gone off. Along with an unexpected profit, Dean Foods unveiled a corporate split – of one sort of milk from another. By sending the company’s valuation soaring 40 percent, the dairy engineering exposed glaring inefficiencies.


Full Article   (Pic)
Next Article in Reuters Breakingviews