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News Breaks
August 14, 2014
07:07 EDTGMCRKeurig Green Mountain announces price increase, effective November 3
Keurig Green Mountain announced a price increase of up to 9% on all portion packs sold by Keurig for use in its Keurig brewing systems and on all its traditional bagged, fractional packs, and bulk coffee products. This price increase will be effective beginning November 3.This price increase is in direct response to several factors affecting the cost environment in the coffee and consumer packaged goods industries, generally, including a sustained increase in the price of green coffee and cocoa, along with increases in packaging materials, energy, and transportation costs. Over the past year, green coffee prices, alone, have increased approximately fifty-five percent. “We have been closely monitoring increasing costs, including the cost of green coffee,” said John Whoriskey, President of U.S. Sales and Marketing at Keurig. “Many of our competitors already have implemented price increases in light of the reality of sustained input cost increases. After careful review, we determined that it is necessary for us to adopt a small price increase in light of these higher costs. We understand that consumers have many beverage options, and we will continue to innovate and price competitively to win consumers’ business.”
News For GMCR From The Last 14 Days
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September 2, 2015
05:32 EDTGMCRStocks with implied volatility below IV index mean; FCX GMCR
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August 26, 2015
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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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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