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Stock Market & Financial Investment News

News Breaks
May 22, 2014
06:42 EDTGMCRKeurig Green Mountain downgraded at Roth Capital
As previously reported, Roth Capital downgraded Keurig Green Mountain to Neutral from Buy. The analyst believes recent share strength reflects management's mid-teens growth outlook and that a potential acquisition by Coca-Cola (KO) acquisition is unlikely any time soon. Price target is $120.
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September 3, 2014
09:01 EDTGMCRKeurig Green Mountain, Coca-Cola expand agreement to Keurig hot brewing system
Keurig Green Mountain (GMCR) and The Coca Cola Company (KO) have expanded the companies’ innovative partnership to offer select beverages from the portfolio of The Coca Cola Company’s still brands in the Keurig hot brewing system in the United States and Canada. Honest Tea will be the first brand from The Coca Cola Company available in K-Cup® packs. In February 2014, the companies signed a 10-year agreement to collaborate on the development and introduction of The Coca Cola Company's global brand portfolio for use in Keurig’s forthcoming Keurig Cold™ at-home beverage system, available in Keurig’s fiscal year 2015. As part of that agreement Coca-Cola acquired a 10% minority equity position in Keurig and subsequently announced its intention to increase its stake up to 16%.

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