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Stock Market & Financial Investment News

News Breaks
December 17, 2012
11:21 EDTDNKN, SBUX, BAGL, PNRA, CBOUCoffee retailers rise after acquisition of Caribou Coffee
A number of retailers that specialize in selling coffee are advancing after Germany's Joh. A. Benckiser Group announced earlier today that it would acquire Caribou Coffee Company (CBOU) for $16 per share, or about $340M. The deal represents a premium of about 30% over Caribou's closing stock price on Friday. Caribou had about 581 coffeehouses, including 169 franchised locations, in the U.S. as of January 1, 2012, according to Reuters. In late morning trading, Starbucks (SBUX) climbed 1.80% to $54.32, Dunkin Brands (DNKN) increased 2.50% to $32.45, Einstein Noah (BAGL) gained 2.39% to $16.02 and Panera Bread (PNRA) rose 1.44% to $160.46.
News For CBOU;BAGL;DNKN;PNRA;SBUX From The Last 14 Days
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November 20, 2014
11:58 EDTDNKN, SBUXKeurig Green Mountain sinks after Q1 outlook disappoints, CFO reports departure
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November 14, 2014
11:35 EDTDNKNDunkin' Brands initiated with a Strong Buy at Tigress Financial
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06:16 EDTSBUXEU says Starbucks tax deal in Netherlands may be illegal state aid, WSJ says
The European Union said the tax deal struck by Starbucks (SBUX) in the Netherlands amounts to illegal state aid, reports the Wall Street Journal. European Commission regulators said it reached a preliminary view that the tax deal violated guidelines produced by the Organization for Economic Cooperation and Development. It said the tax deal "tolerates questionable adjustments which allow Starbucks Manufacturing BV to lower the resulting corporate income tax basis in the Netherlands." The EU is also investigating tax arrangements of Apple (AAPL) in Ireland and Amazon (AMZN) and Fiat S.p.A. (FIATY) in Luxembourg. Reference Link

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