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Stock Market & Financial Investment News

News Breaks
August 6, 2014
13:31 EDTNSRGY, SJM, GMCREarnings Preview: Keurig Green Mountain expects Q3 EPS of 83c-88c
Keurig Green Mountain (GMCR) is scheduled to report third quarter results after the market close on Wednesday, August 6, with a conference call scheduled for 5:00 pm ET. Keurig Green Mountain, formerly Green Mountain Coffee Roasters, is engaged in the specialty coffee and coffee maker businesses and owns the "Keurig" brand of single-serve coffee makers and products. EXPECTATIONS: Analysts are looking for earnings per share of 88c on revenue of $1.05B, according to First Call. The consensus range for EPS is 85c-96c on revenue of $980M-$1.16B. LAST QUARTER: Keurig Green Mountain reported second quarter EPS of $1.08 excluding items against estimates for 94c, on revenue of $1.1B against estimates for $1.05B. The company forecast Q3 EPS of 83c-88c and net sales growth in the high single digits over the third quarter of fiscal year 2013. At that time Keurig Green Mountain also forecast its fiscal year 2014 adjusted EPS view of $3.63-$3.73 against estimates at that time of $3.72, and guided to FY14 net sales growth in the high single digits over fiscal year 2013. The company also forecast FY14 free cash flow of $250M-$350M and capital expenditures of $350M-$400M. Keurig also announced an additional $1B share repurchase plan. NEWS: As it reported its Q2 earnings, Keurig announced a multi-year agreement with J.M. Smucker (SJM) for the manufacturing, marketing, distribution, and sale of the Smucker family of coffee brands, including the Folgers, Folgers Gourmet Selections, Café Bustelo and Millstone brands, into Keurig portion packs formats. During the quarter, Keurig announced a multi-year agreement with Nestle U.S.A. (NSRGY) to bring Coffee-Mate branded coffee with creamer to K-Cup packs. At June's William Blair Growth Stock Conference, Keurig said its cold system will be launched in 2015. STREET RESEARCH: Argus upgraded Keurig Green Mountain to Buy from Hold in June and expects FY14 revenue growth of 10% as sales of K-Cups and brewers increase. During the quarter, shares were also downgraded to Neutral from Buy at Buckingham and initiated with a Neutral rating at BTIG. Greenlight Capital is "short" Keurig Green Mountain. PRICE ACTION: Over the last three months, Keurig Green Mountain shares are up almost 25%. Year-to-date, shares are up over 57%. Ahead of today's earnings, shares are up almost 1% to $118.65.
News For GMCR;SJM;NSRGY From The Last 14 Days
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August 27, 2015
19:22 EDTSJMJ.M. Smucker shares look reasonably priced, Barron's says
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07:05 EDTSJMJ.M. Smucker reports Q1 US Retail Coffee net sales $565M
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07:04 EDTSJMJ.M. Smucker backs FY16 revenue $8B, consensus $7.92B
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07:03 EDTSJMJ.M. Smucker backs synergy target related to Big Heart of $200M by FY18-end
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07:03 EDTSJMJ.M. Smucker backs FY16 adjusted non-GAAP EPS $6.80-$6.95, consensus $5.73
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07:02 EDTSJMJ.M. Smucker reports Q1 non-GAAP EPS $1.32
07:02 EDTSJMJ.M. Smucker reports Q1 adjusted EPS $1.60, consensus $1.23
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August 26, 2015
15:00 EDTSJMNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Dollar General (DG), consensus 94c... J. M. Smucker (SJM), consensus $1.23... Tiffany (TIF), consensus 91c... Signet Jewelers (SIG), consensus $1.15... Patterson (PDCO), consensus 54c... Michaels (MIK), consensus 16c... Burlington Stores (BURL), consensus 12c.
08:05 EDTGMCRKeurig Green Mountain to bring illy brand to K-Cup pods for hot breweing system
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August 24, 2015
18:02 EDTGMCRS&P 500 enters correction territory amid global growth concerns
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14:02 EDTSJMJ.M. Smucker August weekly volatility elevated into Q1 and outlook
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August 21, 2015
05:51 EDTGMCRStocks with implied volatility below IV index mean; GMCR TEVA
Stocks with implied volatility below IV index mean; Teva (TEVA) 25, Keurig Green Mountain (GMCR) 39 according to iVolatility.
August 20, 2015
05:58 EDTGMCRStocks with implied volatility below IV index mean; GMCR TEVA
Stocks with implied volatility below IV index mean; Teva (TEVA) 23, Keurig Green Mountain (GMCR) 37 according to iVolatility.
05:57 EDTGMCRStocks with implied volatility below IV index mean; GMCR TEVA
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August 19, 2015
10:00 EDTSJMOn The Fly: Analyst Upgrade Summary
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06:29 EDTSJMJ.M. Smucker upgraded to Outperform on sales growth progress at Credit Suisse
Credit Suisse upgraded J.M. Smucker to Outperform and increased its price target to $126 from $112. The firm said the latest Nielsen data indicates sales growth has turned with notable progress in coffee and pet food. Additionally, Credit Suisse believes management is about to introduce a more aggressive cost savings target for the Big Heart integration and expects shares to narrow the valuation gap versus peers as revenue growth and market share improves.
06:12 EDTGMCRStarbucks K-cup momentum is accelerating, says UBS
UBS analyst Keith Siegner says Starbucks (SBUX) is seeing accelerating momentum in the single-serve cup category. The company's K-cup sales increased 36% year-over-year for the four-week period ended August 8, according to Nielsen (NLSN), Siegner tells investors in a research note. Starbucks' K-cup promotion levels ticked up sequentially, but remain well below levels from earlier in the year, the analyst points out. The company's K-Cup portfolio continues to gain share despite increasing price pressure and new market entrants like Dunkin' Brands (DNKN) and McDonald's (MCD), Siegner writes. He keeps a Buy rating on Starbucks with a $63 price target. The stock closed yesterday up 9c to $57.83. Shares of Keurig Green Mountain (GMCR) are down 62% year-to-date in part due to the company's slowing sales in the single-serve cup category.
05:56 EDTGMCRStocks with implied volatility below IV index mean; GMCR GOOG
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August 18, 2015
06:02 EDTGMCRStocks with implied volatility below IV index mean; GMCR GOOG
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August 17, 2015
06:03 EDTGMCRStocks with implied volatility below IV index mean; GMCR GOOG
Stocks with implied volatility below IV index mean; Keurig Green Mountain (GMCR) 38, Google (GOOG) 23 according to iVolatility.

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