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Stock Market & Financial Investment News

News Breaks
February 6, 2013
12:43 EDTGMCREarnings Preview: Green Mountain shares up almost 14% YTD ahead of Q1 report
Green Mountain Coffee Roasters (GMCR) is scheduled to report Q1 after the market close on Wednesday, February 6, with a conference call scheduled for 5:00 pm ET. Green Mountain is engaged in the specialty coffee and coffee maker businesses and owns Keurig... EXPECTATIONS: Analysts are looking for EPS of 65c on revenue of $1.33B, according to First Call. The consensus range for EPS is 62c-71c on revenue of $1.13B-$1.37B... LAST QUARTER: Green Mountain reported Q4 EPS of 64c against estimates for 48c on revenue of $946.7M against estimates for $902M. The company forecast Q1 EPS 62c-67c ex-items and net sales growth of 14%-18%. Green Mountain also guided FY13 EPS $2.64-$2.74 ex-items against estimates of $2.71 on FY13 net sales growth 15%-20% over FY12. On its Q4 earnings conference call, Green Mountain said it was "comfortable" with 15%-20% top-line growth over next few years and guided FY13 free cash flow $100M-$150M. The company said its business is not dependent on any one partner brand. During the quarter, Green Mountain named Norman H. Wesley as chairman... STREET RESEARCH: During the quarter, shares were upgraded to Buy from Hold at Argus to reflect favorable coffee prices and recent initiatives, including its distribution agreement with Starbucks (SBUX). Longbow said that demand growth for Keurig brewers and K-Cups either held firm or accelerated through the end of the latest peak holiday season at most of the retailers contacted by the firm. Roth Capital believes the company will raise its FY13 guidance... PRICE ACTION: Over the last three months, Green Mountain shares have increased almost 90%. Year-to-date, shares are up almost 14%.
News For GMCR 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 15, 2014
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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