Hain Celestial has received a letter from the Listing Qualifications Department of The NASDAQ Stock Market LLC, notifying the company that it has not regained compliance with NASDAQ Listing Rule 5250(c)(1), and as a result, the …
Listing
This Wednesday, Stock-Callers.com has initiated reports coverage on the following Food Wholesale equities: Sysco Corporation (NYSE: SYY), The Hain Celestial Group Inc. (NASDAQ: HAIN), US Foods Holding Corporation (NYSE: …
But late that day, Hain announced that it was delaying its fourth-quarter earnings release because of accounting irregularities. On Tuesday, its stock plunged 26% to $39.35, erasing $1.55 billion in market value. A blowback that …
Fortune
PETALUMA, Calif. -- Spectrum Organic Products, Inc. (OTCBB:SPOP) announced today the signing of a definitive agreement pursuant to which The Hain Celestial Group, Inc. will acquire the stock of Spectrum for total equity …
Currently, Hain Celestial carries a Zacks Rank #3 (Hold). A better-ranked stock in the same sector is Flowers Foods, Inc. (FLO - Free Report) holding a Zacks Rank #2 (Buy).
Belvedere
After the firm announced it would delay reporting earnings due to possible issues regarding the timing of revenue, Hain Celestial Group shares dropped by more than $15 as analysts downgraded the stock and law firms began trolling for …
Hain's shares have lost a quarter of their value over the past six months due to concerns about the financial irregularities, but they're still more than 13% higher than where they were a year ago. However, the stock opened some 12% lower …
Shares of Hain Celestial plunged more than 26 percent Tuesday from their closing price Monday, to $39.35... Optimum Online customers get unlimited digital access There's more to the story! Subscribe now. To continue reading, …
Anna is a financial writer for US and Chinese stocks and she also invests in the same. She was previously an investment banker in New York Hong Kong and London for 9 years, focused on Equity Capital Markets. She is always looking for …
If, for example, competition weighs upon hit products or Hain falls off its acquisition pace, the stock could lose its premium multiple and spill, by our estimate, roughly a third of its value. That’s no small amount, and the story could be one …