Diamond Food

User Generated

nobxuyrq

Business Finance

Description

I want someone to write 2 page (single spaced) summary for the case attached, and it should be from your point of view.

Also I want you to add a point to support your writing that is in regard to the case. For example, if there are things that affected the company now regarding the issue in the case, please bring that up.

Don't forget to footnote and site the information from other sources.

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Explanation & Answer

Attached.

Running Head: DIAMOND FOODS, INC

1

The Summery of Diamond Foods, Inc
Student’s Name
Date

DIAMOND FOODS, INC

2
The Summery of Diamond Foods, Inc

In September 2011, Mark Robert received a call which he was not aware if the caller was
to talk about Walnuts. But the caller wanted to discuss about the walnut and the company called
Diamond Foods after insisting that it was the only time they could talk. From the call, the caller
was claiming that the Diamond Company had sent large payments accompanied by letters to its
contract walnut growers for their 2011 harvests. However, the caller was not aware that some
farmers were angry at Diamond due to low payments.1 Just some few months before, Diamond
had announced to purchase the Pringles potato-crisp brand from Procter and speculate $2.35
billion. This made Robert wary because the deal had not closed. However, Robert considered
accounting to be great to him. He could make short-sales and stock-purchase recommendations
to hedge funds and other large investors. Robert cherished his credibility and he had earned a
reputation after starting Off Wall Street and for that reason, he did not want to squander the
reputation he had started. However, more details were provided by the Diamond Tipster which
made Robert to do investigations.
Regarding Diamond in the rough, Diamond foods was not a company but a cooperative
that was created by farmers of California in 1912. They decided to come up with such a brand so
as to leverage in negotiation with buyers and great heft in selling their nuts. Their brand name
was based on most precious of stones considering a standard quality within their company. 2 The
California walnut was of high quality, bigger and m...


Anonymous
Awesome! Perfect study aid.

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