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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
Check below for free stories on KKD;SBUX;GMCR;THI the last two weeks.
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September 17, 2014
16:06 EDTKKDKrispy Kreme boosts repurchase program to $105M from $80M
Krispy Kreme Doughnuts announced that its board has increased the company’s current share repurchase program from $80M to $105M. The current authorization was originally approved in July 2013, and was increased from $50M to $80M earlier this year. Including the increase announced today, there is approximately $50M remaining for future purchases under the program.
September 16, 2014
13:19 EDTSBUX, THIMcDonald's Canada to offer coffee in grocery stores, Reuters says
McDonald's (MCD) is poised to start offering its McCafe ground coffee throughout Canadian grocery stores this month in an effort to gain more customers in a country whose java market has been lead by competitors such as Tim Hortons (THI) and Starbucks (SBUX), according to Reuters, citing comments from McDonald's Canada CEO John Betts. Reference Link
September 15, 2014
13:45 EDTTHITim Hortons up fractionally following preliminary Q3 quarter-to-date SSS report
Tim Hortons (THI) is up fractionally in afternoon trading following the company's pre-market announcement of Q3 quarter-to-date SSS growth results. The company reported Canadian SSS up 3.6% and U.S. SSS up 7.0% for the 9-weeks ended August 31. Tim Hortons released this information in connection with the company's proposed strategic transaction involving 3G Capital and Burger King Worldwide (BKW).
September 14, 2014
13:35 EDTSBUXStarbucks shares could fall, Barron's says
Starbucks shares could fall and were placed on Hedgeye Risk Management analyst Howard Penney's best-ideas list as a short, Barron's argues in its 'The Trader' column. Reference Link
September 12, 2014
08:17 EDTSBUXStarbucks 6.2M share Block Trade priced at $75.15
BofA/Merrill acted as sole book running manager for the offering.
September 11, 2014
08:44 EDTKKDKrispy Kreme sales, margins should improve in 2H14, says Roth Capital
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08:09 EDTTHIBerkshire's Munger defends Burger King deal, WSJ reports
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08:03 EDTTHISenators urge Burger King to stay domiciled in U.S., Reuters reports
The number 2 ranking Senate Democrat, Dick Durbin, and four fellow senators have urged Burger King (BKW) to keep its domicile in the U.S. and give up plans for a "tax inversion" as part of its purchase of Canada's Tim Hortons (THI), reported Reuters. Reference Link
06:36 EDTSBUXStarbucks to sell single-origin coffees in supermarkets, WSJ reports
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September 10, 2014
09:22 EDTKKDOn The Fly: Pre-market Movers
HIGHER: Twitter (TWTR), up 2.8% after upgraded at UBS... SunEdison (SUNE), up 2.7% after Google (GOOG) to provide $145M investment in the company's Regulus solar plant... Camtek (CAMT), up 15% after receiving new orders of $3.0M from large OSAT... Doral Financial (DRL), up 12.5% after announcing sale of approximately $430M in assets... Imperva (IMPV), up 1.5% after upgraded at Oppenheimer... Mandalay Digital (MNDL), up 13.7% after updating its guidance. UP AFTER EARNINGS: Land's End (LE), up 8.7%... Palo Alto (PANW), up 4.4%. LOWER: eBay (eBAY), down 2.6% after downgraded at Piper Jaffray following yesterday's launch of Apple Pay (AAPL)... Mobileye (MBLY), down 2.5% after downgraded at Deutsche Bank... Krispy Kreme (KKD), down 2% after Q2 earnings report... GT Advanced (GTAT), down 7% after downgraded at Goldman and Piper Jaffray... Boyd Gaming (BYD), down 3.3% after downgraded at Morgan Stanley... Urban Outfitters (URBN), down 2% after reporting Q3 SSS were so far in the low single-digits negative... Armada Hoffler (AHH), down 6% after filing to sell 5M shares of common stock... AvalonBay (AVB), down 1.8% after to sell 4.5M shares in a forward sales agreement with Goldman... AngloGold (AU), down 12% after announcing plans to restructure its international mining under a new company and saying equity capital raising being contemplated.
September 9, 2014
18:31 EDTKKDOn The Fly: After Hours Movers
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16:14 EDTKKDKrispy Kreme down 7% following Q2 results, guidance
16:10 EDTKKDKrispy Kreme backs FY15 adjusted EPS view 69c-74c, consensus 73c
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16:09 EDTKKDKrispy Kreme reports Q2 adjusted EPS 13c, consensus 16c
Reports Q2 revenue $120.5M, consensus $118.13M. Systemwide domestic same store sales rose 2.8%, including a 1.1% gain at company shops; constant currency international franchise same store sales declined 2.4%. Systemwide store count rose 3.4% in the quarter - 6.8% year-to-date, to 884 company and franchise shops worldwide.
15:34 EDTKKDKrispy Kreme September 18 straddle priced for 10% move into Q2
15:30 EDTKKDNotable companies reporting after market close
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13:58 EDTSBUXStarbucks, Groupon, OpenTable apps among those to integrate Apple Pay
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September 5, 2014
10:17 EDTKKDKrispy Kreme September volatility elevated into Q2 and guidance
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06:04 EDTSBUXStarbucks accelerates growth of multiple diversified store formats
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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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