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Stock Market & Financial Investment News

News Breaks
December 17, 2012
11:21 EDTCBOU, BAGL, DNKN, PNRA, SBUXCoffee 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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October 1, 2014
10:00 EDTPNRAOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Allergan (AGN) upgraded to Buy from Hold at Stifel... Angie's List (ANGI) upgraded to Market Perform from Underperform at Northland... DeVry (DV) upgraded to Buy from Hold at Deutsche Bank... Dynegy (DYN) upgraded to Buy from Hold at ISI Group... Exelon (EXC) upgraded to Buy from Hold at ISI Group... Fluor (FLR) upgraded to Buy from Neutral at DA Davidson... Genworth (GNW) upgraded to Outperform from Neutral at Macquarie... Hecla Mining (HL) upgraded to Buy from Hold at BB&T... InvenSense (INVN) upgraded to Strong Buy from Buy at Needham... Janus Capital (JNS) upgraded to Buy from Hold at Jefferies... Masco (MAS) upgraded to Overweight from Neutral at JPMorgan... NRG Energy (NRG) upgraded to Strong Buy from Buy at ISI Group... Orbitz (OWW) upgraded to Outperform from Perform at Oppenheimer... Panera Bread (PNRA) upgraded to Buy from Hold at Wunderlich... Suncor (SU) upgraded to Buy from Neutral at Citigroup... Susquehanna (SUSQ) upgraded to Outperform from Neutral at Boenning & Scattergood... TPG Specialty Lending (TSLX) upgraded to Outperform from Market Perform at Wells Fargo... Tyson Foods (TSN) upgraded to Neutral from Underperform at Credit Suisse.
06:45 EDTPNRAPanera Bread added to US 1 List at BofA/Merrill (yesterday)
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06:21 EDTPNRAPanera Bread upgraded to Buy from Hold at Wunderlich
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September 30, 2014
10:02 EDTBAGLOn The Fly: Analyst Downgrade Summary
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08:12 EDTDNKNDunkin' Brands announces entry into Austria
Dunkin' Donuts announced that it has signed a master franchise agreement with M&D Restaurant Development GmbH to begin developing Dunkin' Donuts restaurants across Austria. The leaders of the franchise group have a wealth of retail and business experience in Austria. The master franchise agreement calls for the development of 25 Dunkin' Donuts restaurants throughout Austria over the next five years, with an initial focus on the Vienna area.
06:34 EDTSBUXStarbucks should be bought ahead of catalysts, says Piper Jaffray
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05:32 EDTBAGLEinstein Noah downgraded to Hold from Buy at Jefferies
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September 29, 2014
16:49 EDTBAGLGreenlight capital reports 37.5% stake in Einstein Noah
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16:22 EDTBAGLOn The Fly: Closing Wrap
Stocks on Wall Street opened sharply lower, as the volatility which was seen last week carried over. It was the sixth session in a row, and the eighth in the last ten, in which the Dow experienced a triple digit move. The early weakness was attributed to unrest in Hong Kong as pro-Democratic protesters forced the closing of 17 banks and many small businesses. The market was able to shrug off the early weakness and pared its losses, with the Nasdaq eventually crossing into positive territory for a brief time. The averages all ended the day in the red, but were much improved from the lows they hit right after the opening bell. ECONOMIC EVENTS: In the U.S., consumer spending increased 0.5% last month, which was a bit better than expected. Personal incomes increased 0.3% in August, which matched the consensus forecast of economists. The National Association of Realtors' pending home sales index fell 1.0% to 104.7 in August, which was worse than the expected drop of 0.5%. In Asia, Hong Kong's Hang Seng Index dropped nearly 2% as riot police advanced on protesters in the deepest unrest since China took back control of the colony two decades ago. In Europe's bond market, Italian and Spanish yields rose as Italy's Prime Minister Matteo Renzi faced rumors that he could be pressured to quit and leaders in Spain's Catalonia region called for a referendum to be held on independence. COMPANY NEWS: DreamWorks Animation (DWA) rallied $5.82, or 26.03%, to $28.18 after The Hollywood Reporter said yesterday that the company is in talks to be acquired by Japanese telecom company Softbank (SFTBF), the parent of U.S. wireless carrier Sprint (S). Softbank is negotiating to buy DreamWorks for $32 per share, or $3.4B, the report said, citing an unnamed source, though CNBC's David Faber and entertainment industry publication Variety were cautious about whether a deal will be consummated. Lionsgate (LGF), another movie maker recently linked to Softbank by The New York Post and to Vivendi (VIVHY) by Reuters, also rose $1.79, or 5.74%, to $32.99. MAJOR MOVERS: Among the notable gainers were a number of companies that agreed to be acquired. Ambit Biosciences (AMBI) surged $7.14, or 87.07%, to $15.34 after Daiichi Sankyo agreed to acquire all of its outstanding shares for $15 per share in cash plus one Contingent Value Right based on commercialization related milestones. Einstein Noah (BAGL) advanced $6.76, or 50.49%, to $20.15 after the bagel shop owner agreed to be acquired by JAB Holding Company for $20.25 per share in cash. Athlon Energy (ATHL) rose $11.59, or 24.8%, to $58.32 after striking a deal to be bought by Canadian energy giant Encana (ECA), which also gained 46c, or 2.18%, to $21.59 following the deal announcement. Among the noteworthy losers was Civeo Corporation (CVEO), which dropped $12.63, or 49.59% to $12.84 after the company decided against conversion to a real estate investment trust, or REIT, and said it will continue as C corporation and redomicile to Canada. Also lower were shares of Ford (F), which fell $1.22, or 7.47%, to $15.11 after the automaker said during its investor day presentation that it won't achieve its previously stated 2014 profit goal and now sees pre-tax profit of $6B for the fiscal year. INDEXES: The Dow slipped 41.93, or 0.25%, to 17,071.22, the Nasdaq fell 6.34, or 0.14%, to 4,505.85, and the S&P 500 dropped 5.05, or 0.25%, to 1,977.80.
09:20 EDTBAGLOn The Fly: Pre-market Movers
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09:01 EDTBAGLEinstein Noah to be acquired by JAB Holding for $20.25 per share in cash
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09:00 EDTBAGLEinstein Noah to be acquired by JAB Holding for $20.25 per share in cash
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07:51 EDTDNKN, SBUXDunkin' Brands CEO not worried about Tim Hortons-Burger King deal
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September 24, 2014
13:30 EDTSBUXStarbucks adds Russia locations as sanctions accumulate, Bloomberg says
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07:31 EDTSBUXStarbucks consolidation of Japan stake makes sense, says UBS
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September 23, 2014
17:17 EDTSBUXStarbucks sees Starbucks Japan acquisition accretive to FY15 non-GAAP results
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17:06 EDTSBUXStarbucks to purchase remaining 60.5% share of Starbucks Japan for $913.5M
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06:28 EDTSBUXStarbucks developing stout beer-flavored latte, Reuters says
Starbucks is in the process of testing a new "dark barrel latte" throughout a few of its locations in Ohio in Florida, according to Reuters, citing comments from a company spokeswoman. The spokeswoman said that the coffee chain isn't releasing any data yet on when exactly the beverage will be available. Reference Link

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