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Stock Market & Financial Investment News

News Breaks
June 10, 2014
10:53 EDTSJM, DNKNDunkin' ups coffee prices in thick of worldwide shortage, FoxNews says
Dunkin' Brands (DNKN) CEO Nigel Travis said that prices of coffee will increase throughout its stores but "not by much," according to FoxNews, citing comments from Travis. The price of coffee worldwide has increased due to worries over drought in Brazil that could affect bean supplies. J.M. Smucker (SJM), who has a license agreement with Dunkin', announced that it plans to up the cost of its Folger and Dunkin' Donuts supermarket coffee. Reference Link
News For DNKN;SJM From The Last 14 Days
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December 19, 2014
14:46 EDTDNKNDunkin' Brands falls for a second session, trades near lows
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December 18, 2014
09:21 EDTDNKNOn The Fly: Pre-market Movers
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07:09 EDTDNKNDunkin' Brands CEO says FY15 growth expectations below long-term targets
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07:06 EDTDNKNDunkin' Brands sees FY15 adjusted EPS $1.88-$1.91, consensus $2.02
Sees FY15 revenue growth 5%-7%, consensus $800.9M. Sees FY15 Dunkin' Donuts U.S. comparable store sales growth of 1 to 3 percent and Baskin-Robbins U.S. comparable store sales growth of 1%-3%. The company expects that Dunkin' Donuts U.S. will add between 410 and 440 net new restaurants and expects Baskin-Robbins U.S. will add between 5 and 10 net new restaurants. Internationally, the company is targeting opening 200 to 300 net new restaurants across the two brands. It expects net income of equity method investments to be approximately $13M. Globally, the company expects to open between 615 and 750 net new units.
07:03 EDTDNKNDunkin' Brands sees FY14 adjusted EPS $1.75-$1.76, consensus $1.76
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December 10, 2014
17:07 EDTSJMJ.M. Smucker announces price increases on K-cup packs
The J. M. Smucker Company announced that it is increasing the list price on its K-Cup packs sold in the United States under the Folgers, Folgers Gourmet Selections, Cafe Bustelo, and Millstone brand names. Prices will increase an average of 8%. The price increase, which will be effective on January 5, 2015, is in response to sustained increases in costs.
December 8, 2014
06:42 EDTDNKNDunkin' Brands coverage resumed with a Neutral at Goldman
Target $47.

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