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Stock Market & Financial Investment News

News Breaks
June 10, 2014
10:53 EDTDNKN, SJMDunkin' 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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October 17, 2014
17:16 EDTSJMJ.M. Smucker authorizes 5M additional share repurchases
The Board increased the company's share repurchase authorization by 5M common shares. Therefore, the company has a total of approximately 10M common shares available for repurchase under its Board authorizations. Future share repurchases will occur at management's discretion, and there is no guarantee as to the exact number of shares that will be repurchased.
October 7, 2014
15:01 EDTDNKNDunkin Donuts testing mobile ordering system, considering Apple Pay, NRN reports
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10:24 EDTDNKNDunkin' Brands falls, levels to watch
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10:02 EDTDNKNOn The Fly: Analyst Downgrade Summary
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07:53 EDTDNKNDunkin' Brands downgraded to Hold from Buy at Jefferies
Jefferies downgraded Dunkin' Brands to Neutral citing a lack of near-term catalysts and "fierce" competition in the quick-service breakfast segment. The firm thinks FY14 same-store-sales and earnings could be at the low end of guidance and lowered its price target for shares to $47.
05:42 EDTDNKNDunkin' Brands downgraded to Hold from Buy at Jefferies

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