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    Dole Foods: Turning A Profitable Corner

    Wed, 01/18/2012 - 17:21 EDT - Seeking Alpha
    • CQB
    • Dana Blankenhorn
    • DOLE

    By Dana Blankenhorn: One of the easiest ways to make money is troll the list of 52-week lows and poke around for bargains and turnarounds. One such issue I found this week is Dole Foods (DOLE). Dole is a name you know. You wake up to it (or your kids do) every January at the Rose Parade. (Their float won again.) It's a popular brand at your grocery store. And it's a brand that's been around a long, long time - the original James Dole was a Hawaiian plantation owner who founded his company in 1851. These days the Dole equity is in Murdock hands. Murdock with a K. Specifically, David Murdock, 86 and shooting for 125, along with David DeLorenzo, who came back for big bucks in 2007. The future, David's son Justin, left for biotech start-up NovaRX a year ago, although he's still listed as an executive and director at theComplete Story »

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