The move also means that about 75,000 tons of peaches will likely go to waste.

California peach growers have lost $550 million in contracts from food giant Del Monte when the 135-year-old company declared bankruptcy last year. “Nobody wins in a situation like this. We’re all ...

Del Monte canceled 20-year contracts with peach growers that abandoned an estimated 50,000 tons of peaches growing in the Central Valley.

The settlement and sale of the assets of Del Monte Foods are the required milestones in order for it to file for bankruptcy ...

(Bloomberg) -- Canned fruit company Del Monte Foods filed for bankruptcy, less than a year after executing a controversial debt restructuring. The company entered into a lender-backed restructuring ...

Fresh Del Monte Produce remains a Strong Buy, driven by robust fundamentals, dividend growth, and strategic asset acquisition. Learn more about FDP stock here.

US-based fruit and vegetables business Del Monte Foods is seeking a buyer after entering Chapter 11 bankruptcy proceedings. “This is a strategic step forward for Del Monte Foods. After a thorough ...

A grocery store staple has filed for bankruptcy. Del Monte Foods, known for its canned fruits and vegetables, filed for Chapter 11 bankruptcy protections Tuesday and is now seeking a buyer. “After a ...

Del Monte Foods, whose canned vegetables and fruit have long been a staple on grocery store shelves, announced Monday that it has filed for bankruptcy and will seek a buyer. The nearly 140-year-old ...

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or ...

Learn more about whether Fresh Del Monte Produce Inc. or Smithfield Foods, Inc. is a better investment based on AAII's A+ ...