Dole (DOLE) rallies as inroads made in Chinese markets
Posted on January 28, 2013 at 10:27 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 Dole Food Company, Inc. (NYSE: DOLE) shares rocketed 6% to $10.76. The company, on Jan. 24, announced that ITOCHU Corporation and Dole received unconditional approval from the Chinese Ministry of Commerce to implement the sale of Dole’s worldwide packaged foods and Asia fresh produce business to ITOCHU. Share volume was 362,000, compared to an all-day average of 264,000 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}