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Stock Market & Financial Investment News

News Breaks
August 30, 2013
12:55 EDTTHI, KKD, GMCR, SBUXKrispy 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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March 4, 2015
13:22 EDTGMCRKeurig facing boycott threats over environmental issues, Business Insider says
Some of Keurig Green Mountain's customers are threatening to boycott the company after the inventor of its K-Cup pods said he regrets developing them because they damage the environment, according to Business Insider. Some customers are threatening to stop buying Keurig unless its pods become more environmentally friendly, Business Insider stated. Reference Link
07:35 EDTSBUXStarbucks management to meet with UBS
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March 3, 2015
16:37 EDTGMCRLuigi Lavazza S.p.A. lowers stake in Keurig Green Mountain to 3.0% from 6.1%
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16:04 EDTGMCRKeurig Green Mountain and DS Services announce partnership
Keurig Green Mountain (GMCR) and DS Services of America, a subsidiary of Cott (COT) and a leading bottled water, coffee and tea direct-to-consumer services provide announced a multi-year agreement to offer DS Services' Javarama coffee in K-Cup packs for use in Keurig hot brewing systems. "We're excited to expand our Keurig Authorized Distributor relationship with DS Services by offering their popular Javarama brand to customers in K-Cup packs," said John Whoriskey, President, U.S. Sales & Marketing for Keurig. "With over 400 varieties from 60 brands already available in the Keurig hot system, Javarama coffee will be a welcome addition to the Keurig family
08:32 EDTGMCRKeurig Green Mountain, DS Services announce partnership
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08:32 EDTGMCRKeurig Green Mountain announces partnership with DS Services
Keurig Green Mountain (GMCR) and DS Services of America, a subsidiary of Cott Corporation (COT), announced a multi-year agreement to offer DS Services’ Javarama coffee in K-Cup packs for use in Keurig hot brewing systems. The companies plan to launch the new Javarama K-Cup packs in March 2015, featuring Javarama Signature Medium Roast and Dark Roast profiles.
March 2, 2015
10:51 EDTKKDKrispy Kreme, Massimo Zanetti Beverage announce multi-year licensing agreement
Krispy Kreme and Massimo Zanetti Beverage USA , a roaster of proprietary and private label coffee, tea and drink mix, announced a multi-year licensing agreement to roast and distribute Krispy Kreme® Coffee for grocery, mass merchants and club stores. Per the agreement, which was brokered by Krispy Kreme’s exclusive licensing agency, Brand Central, 12oz branded bags of Krispy Kreme ground coffee in Smooth, Decaf, and Rich blends are now available for purchase at fine retailers throughout the United States, and online at Amazon.com and soon at ShopMZB.com.
February 26, 2015
07:10 EDTSBUXStarbucks price target raised to $108 from $97 at Jefferies
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06:53 EDTSBUXKFC to test edible coffee cup in U.K., NY Times says
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06:07 EDTGMCRDunkin' Brands, J.M. Smucker, Keurig expand partnership
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February 25, 2015
07:18 EDTSBUXPiper bumps Starbucks price target up to $107
Piper Jaffray raised its price target for shares of Starbucks to $107 from $102 saying it has increased conviction in the achievability of its estimates over the next five years after traveling with management. Piper remains confident in its prediction that Starbucks will double earnings and reach a $100B-plus market capitalization in less than five years. It reiterates an Overweight rating on the stock.
February 24, 2015
06:04 EDTSBUXStarbucks to stop selling CDs as it moves to other formats, Mashable says
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February 23, 2015
12:40 EDTSBUXStarbucks pushing China employees to open new stores, WantChinaTimes says
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08:03 EDTGMCRKeurig Green Mountain announces repurchase of shares held by Lavazza
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February 20, 2015
11:07 EDTGMCRKeurig Green Mountain spikes higher, levels to watch
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10:49 EDTGMCRGreen Mountain Coffee calls active on renewed takeover chatter
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10:42 EDTGMCRRumor: Keurig Green Mountain moves up on renewed takeover chatter
Shares of Keurig Green Mountain (GMCR) are moving higher on renewed speculation Coca-Cola (KO) may acquire the rest of the company.
07:10 EDTSBUXBrean Capital to hold a bus tour
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February 19, 2015
11:23 EDTSBUXStarbucks management to meet with Jefferies
Meeting to be held in San Francisco on February 25 hosted by Jefferies.
09:02 EDTGMCRKeurig Green Mountain reiterates FY15 EPS view of growth of mid-single digits
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