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Stock Market & Financial Investment News

News Breaks
January 17, 2013
08:08 EDTJMBAJamba says will be profitable in 2012
Comment made at the 15th Annual ICR XChange Conference.
News For JMBA From The Last 14 Days
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May 4, 2015
17:55 EDTJMBAJamba completes two refranchising transactions for roughly $4.85M
In a regulatory filing, Jamba reports that on April 28, Jamba Juice, a wholly-owned subsidiary of Jamba, completed the refranchising of a group of stores located in the San Francisco Bay Area as part of the company’s refranchising initiative. Jamba Juice transferred to M5 Partners all property associated with the stores for a purchase price of $1.85M plus payment for inventory and cash at the stores. M5 Partners agreed to enter into a standard franchise agreement with a ten-year term. In another refranchising transaction completed on April 28, Jamba Juice sold its 88% membership interest in Jamba Juice Southern California to Strategic Marketing Sciences, its minority partner in the joint venture. The purchase price for the membership interest was $3M plus payment for all inventory and cash. Strategic Marketing Sciences also entered a franchise agreement with a ten-year term.
April 21, 2015
10:09 EDTJMBAHigh option volume stocks
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