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News Breaks | | | | September 28, 2012 | | 12:52 EDT |  | GMCR, SBUX | Starbucks reportedly selling K-Cups at discount
Green Mountain Coffee (GMCR) is slumping after Motley Fool reported earlier today that Starbucks (SBUX) will sell two of its 12-count K-Cup boxes for the price of one between today and Sunday. Starbucks - which is slated to start selling its Verismo single cup coffee maker in its stores early next month - may be trying to get rid of its K-Cup inventory before that launch, the website speculated. In any event, Green Mountain's stock has been trending lower recently as investors seem to be concerned that Starbucks is showing signs of being more interested in boosting the Verismo than in backing Green Mountain's products. Last Thursday, Starbucks CEO Howard Schultz triggered a slump in Green Mountain’s stock by telling CNBC that his company is committed to its partnership with Green Mountain "for the time being." In another development that displeased Green Mountain investors, the company announced earlier this week that it would offer a $50 rebate on its Keurig brewers. In early afternoon trading, Green Mountain fell 84c, or 3.39%, to $23.91. | |
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News For GMCR;SBUX From The Last 14 Days Check below for free stories on GMCR;SBUX the last two weeks. |
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| May 23, 2013 | | 09:53 EDT |  | GMCR | Green Mountain falls sharply in early trading, levels to watch
The stock is down over 7.3% at time of writing to $70.68. At that price, next support is at $68.09. Resistance is at $71.87. The shares broke down below the 10-day moving average yesterday. It would now take a move above that level to put the stock back on its previous bullish uptrend, at the $78 area. | | | May 22, 2013 | | 14:36 EDT |  | GMCR | Green Mountain puts active on wide price movement
 Subscribe for More Information | | | 08:03 EDT | | SBUX | Kohl's announces Michelle Gass as Chief Customer Officer
Subscribe for More Information | | | May 21, 2013 | | 14:50 EDT |  | SBUX | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link | | | May 16, 2013 | | 13:42 EDT |  | GMCR | Green Mountain price target raised to $92 from $63 at Argus
Argus raised Green Mountain's price target citing the strong Q2 report. | | | May 15, 2013 | | 11:13 EDT | | GMCR | Options with decreasing implied volatility: MM GMCR GRPN THRX SGMO
Subscribe for More Information | | | May 14, 2013 | | 11:44 EDT | | GMCR | Options with decreasing implied volatility: GRPN MAKO GMCR EZCH SGMO
| | | May 13, 2013 | | 08:53 EDT | | SBUX | Boingo Wireless price target raised to $10 from $7.50 at DA Davidson
DA Davidson increased its price target on Boingo Wireless (WIFI) as the firm expects the company to rebound in coming quarters, partly due to its new deals with Endeka and Starbucks (SBUX). The firm keeps a Buy rating on Boingo. | |
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