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Stock Market & Financial Investment News

News Breaks
July 3, 2014
10:25 EDTDF, DMND, GMCR, THSDiamond Foods, Dean Foods, Keurig are potential takeout targets, says KeyBanc
KeyBanc expects that the consolidation seen to date this year in the food and beverage space will continue and the firm views Diamond Foods (DMND), Dean Foods (DF) and Keurig Green Mountain (GMCR) as potential takeout targets. The firm raised its price target on Diamond to $35 from $32, stating that its Nuts business warrants a higher multiple in light of TreeHouse Foods' (THS) recent purchase of Flagstone Foods. The firm keeps its Buy ratings on Diamond, Dean Foods and Green Mountain.
News For DF;DMND;GMCR;THS From The Last 14 Days
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September 8, 2014
16:51 EDTDFDean Foods announces General Counsel Rachel Gonzalez resigns
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September 3, 2014
11:08 EDTTHSTreeHouse Foods says not out of the deal market
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09:01 EDTGMCRKeurig Green Mountain, Coca-Cola expand agreement to Keurig hot brewing system
Keurig Green Mountain (GMCR) and The Coca Cola Company (KO) have expanded the companies’ innovative partnership to offer select beverages from the portfolio of The Coca Cola Company’s still brands in the Keurig hot brewing system in the United States and Canada. Honest Tea will be the first brand from The Coca Cola Company available in K-Cup® packs. In February 2014, the companies signed a 10-year agreement to collaborate on the development and introduction of The Coca Cola Company's global brand portfolio for use in Keurig’s forthcoming Keurig Cold™ at-home beverage system, available in Keurig’s fiscal year 2015. As part of that agreement Coca-Cola acquired a 10% minority equity position in Keurig and subsequently announced its intention to increase its stake up to 16%.

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