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Stock Market & Financial Investment News

News Breaks
August 30, 2013
12:55 EDTKKD, SBUX, GMCR, THIKrispy Kreme tumbles after profits miss, August comps decelerate
Shares of doughnut and coffee retailer Krispy Kreme (KKD) are sinking after the company reported lower than expected second quarter profits. WHAT'S NEW: Krispy Kreme's earnings per share came in slightly below analysts' consensus estimates, but its revenue beat analysts' expectations. The company's same-store sales jumped 10% versus the same period in 2012. Krispy Kreme said that its results were negatively affected by the planned remodeling of a number of its stores in the second quarter. Meanwhile, a number of discounts that the company implemented during the second quarter of 2012 hurt its comparative sales data last quarter, Krispy Kreme stated. This month, Krispy Kreme's sales were up about 5% during the first week of the month versus the same period in 2012, up about 12% in the second week,and unchanged during the third week, the doughnut maker stated. PRICE ACTON: In early afternoon trading, Krispy Kreme sank $3.30, or 14%, to $19.95. OTHERS TO WATCH: Other companies that sell doughnuts and/or coffee include Dunkin Brands (DNKN), Starbucks (SBUX), Keurig brewer maker Green Mountain (GMCR), and Canadian retail chain Tim Hortons (THI).
News For KKD;SBUX;GMCR;THI From The Last 14 Days
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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 16, 2014
15:11 EDTSBUXStarbucks confirms plans to roll out mobile ordering in U.S. in 2015
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08:06 EDTSBUXAlmunia says political pressure around Google case 'unprecented,' WSJ reports
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October 15, 2014
07:55 EDTSBUXStarbucks checks refute bear case, says Bernstein
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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
October 9, 2014
07:59 EDTSBUXKen Langone discusses new position in Starbucks
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06:13 EDTGMCRKeurig Green Mountain implied volatility of 34 at lower end of index mean range

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