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Stock Market & Financial Investment News

News Breaks
November 1, 2012
14:48 EDTCOST, GMCRGreen Mountain to manufacture Costco brand K-Cup packs
Green Mountain (GMCR) announced it is the exclusive manufacturer of Costco Kirkland Signature brand K-Cup packs for the Keurig single cup brewing system. Green Mountain has developed two blends exclusively for Costco with 100% Arabica coffees: Breakfast Blend and Pacific Bold. The varieties, packaged in 100-count boxes, will be available beginning in mid-November in Costco warehouses where K-Cup packs are currently sold, as well as on Costco.com.
News For GMCR;COST From The Last 14 Days
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March 3, 2015
08:32 EDTGMCRKeurig Green Mountain, DS Services announce partnership
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08:32 EDTGMCRKeurig Green Mountain announces partnership with DS Services
Keurig Green Mountain (GMCR) and DS Services of America, a subsidiary of Cott Corporation (COT), announced a multi-year agreement to offer DS Servicesí Javarama coffee in K-Cup packs for use in Keurig hot brewing systems. The companies plan to launch the new Javarama K-Cup packs in March 2015, featuring Javarama Signature Medium Roast and Dark Roast profiles.
08:30 EDTCOSTVisa should benefit from proliferation of token services, says Pacific Crest
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06:06 EDTCOSTCiti upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Citigroup (C) to Overweight saying the Costco (COST) co-branding credit card deal announced yesterday will add to revenue growth and return on assets. Further, the firm expects the Federal Reserve to approve Citi's capital return in 2015 and for the banking giant to achieve its operating efficiency targets this year. It upped its price target for shares to $58 from $54. Citi closed Monday up $1.07 to $53.49.
March 2, 2015
09:16 EDTCOSTCostco March weekly volatility elevated into Q2 and outlook
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08:11 EDTCOSTCapital One slips after Costco enters co-brand card pact with Visa, Citi
Shares of Capital One (COF) are slipping in pre-market trading after Costco Wholesale (COST) announced it has entered into a new co-brand credit card program agreement with Citi (C) and an acceptance and co-brand incentive agreement with Visa (V). The Fly notes that on February 12 American Express (AXP) announced that its U.S. co-brand and merchant acceptance agreements with Costco are set to end on March 31, 2016. On October 1 of last year, MasterCard Canada (MA) entered into an agreement with Costco Canada to open credit card acceptance to MasterCard cardholders. In addition, Capital One rolled out a new cobranded MasterCard credit card with Costco Canada at that time, which may have led some to speculate that Capital One and MasterCard could have the inside track for a U.S. deal with Costco. In pre-market trading, Capital One shares slid 0.56% to $78.27 and MasterCard shares slipped fractionally lower to $90.
08:06 EDTCOSTCostco enters long-term co-brand credit card agreement with Citi, Visa
Costco Wholesale (COST) announced it has entered into a new co-brand credit card program agreement with Citi (C) and an acceptance and co-brand incentive agreement with Visa (V). The implementation of these agreements is subject to the purchase of the existing co-brand credit card portfolio by Citi. Under the terms of the agreements, Citi, the world's largest issuer of consumer credit cards, would become the exclusive issuer of Costco's co-brand credit cards and Visa will replace American Express as the credit card network for Costco in the United States and Puerto Rico beginning April 1, 2016. Once issued, Costco's co-brand Visa credit card would provide generous rewards to Costco members, serve as the Costco membership card, and would be accepted at Costco locations in the United States and Puerto Rico, as well as all merchants worldwide that accept Visa credit cards. Costco will provide its members with additional information in the coming months regarding the anticipated transition from its existing co-brand credit card program.
08:06 EDTCOSTCostco enters long-term co-brand credit card agreement with Citi, Visa
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February 27, 2015
09:32 EDTCOSTCostco U.S. sales trends slightly softer in February, say Cleveland Research
February 26, 2015
06:07 EDTGMCRDunkin' Brands, J.M. Smucker, Keurig expand partnership
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February 24, 2015
12:45 EDTCOSTAmerican Express strength an selling opportunity, says Credit Suisse
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February 23, 2015
08:03 EDTGMCRKeurig Green Mountain announces repurchase of shares held by Lavazza
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February 20, 2015
11:07 EDTGMCRKeurig Green Mountain spikes higher, levels to watch
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10:49 EDTGMCRGreen Mountain Coffee calls active on renewed takeover chatter
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10:42 EDTGMCRRumor: Keurig Green Mountain moves up on renewed takeover chatter
Shares of Keurig Green Mountain (GMCR) are moving higher on renewed speculation Coca-Cola (KO) may acquire the rest of the company.
07:10 EDTCOSTBrean Capital to hold a bus tour
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February 19, 2015
09:02 EDTGMCRKeurig Green Mountain reiterates FY15 EPS view of growth of mid-single digits
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February 17, 2015
07:15 EDTGMCRConsumer Analyst Group of New York (CAGNY) to hold a conference
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