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Stock Market & Financial Investment News

News Breaks
March 14, 2014
08:31 EDTGMCR, SBUXKeurig Green Mountain, Starbucks amend agreement
Keurig Green Mountain (GMCR) and Starbucks Coffee Company (SBUX) announced amended terms to the companies’ existing five-year agreement.The companies have updated their agreement to continue to expand Starbucks range of K-Cup® pack offerings and to promote expanded consumer choice as Keurig continues to build its Keurig brewing system. In exchange for eliminating the super-premium coffee exclusivity terms of the existing agreement Starbucks will receive improved business terms, including significantly expanded Starbucks K-Cup pack and variety types. Starbucks Coffee Company group president, China and Asia Pacific, Channel Development and Emerging Brands, John Culver said, “This amendment advances Starbucks commitment to strengthening its global leadership position in the nearly $8B premium single cup coffee category. With nearly 2 billion Starbucks K-Cup packs shipped from the inception of our relationship through the end of 2013 this contractual update underscores the appeal of Starbucks to the millions of Keurig brewer owners and the continued innovation and collaboration our relationship reflects.” “This amended agreement creates more favorable business terms for both companies and allows us to build upon our strong relationship,” said Mark Wood, Senior Vice President, Global Hot Systems for Keurig.
News For GMCR;SBUX From The Last 14 Days
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October 23, 2014
08:12 EDTGMCRKeurig Green Mountain now exclusive manufacturer of Meijer Brand-K-Cup
Keurig Green Mountain announced that it is now the exclusive manufacturer of Meijer Brand K-Cup packs for the Keurig hot brewing system. Financial terms of the agreement were not disclosed. The new Meijer Brand K-Cup packs are now available exclusively at Meijer stores.
October 17, 2014
08:03 EDTGMCRKeurig receives notification from SEC regarding closing inquiry
Keurig Green Mountain announced it has received notification from the Securities and Exchange Commission that it is closing the previously disclosed four-year inquiry into accounting and disclosure matters at the company and would not be recommending any enforcement action against the company or any of its current or former employees.
October 16, 2014
15:11 EDTSBUXStarbucks confirms plans to roll out mobile ordering in U.S. in 2015
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08:06 EDTSBUXAlmunia says political pressure around Google case 'unprecented,' WSJ reports
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October 15, 2014
07:55 EDTSBUXStarbucks checks refute bear case, says Bernstein
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06:14 EDTGMCRKeurig Green Mountain implied volatility of 40 at lower end of index mean range
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October 13, 2014
07:26 EDTGMCRAB InBev has studied potential deal to acquire PepsiCo, Bloomberg says
Anheuser-Busch InBev (BUD), which has a history of growth via acquisition and has been speculated to be targeting peer SABMiller (SBMRY), has also studied whether a merger with PepsiCo (PEP) makes sense, according to Bloomberg, citing people familiar with the matter. The report added that one source said no talks between Anheuser-Busch and Pepsi are ongoing, no deal is imminent, and the scenario is among many that has been examined. The report also noted that Albert Fried views Monster Beverage (MNST) and Keurig Green Mountain (GMCR) as other suitable targets for AB InBev. Reference Link

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