New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 19, 2014
07:20 EDTNSRGY, SBUX, GMCR, DNKNNestle introduces new Nespresso machine for North American market
Nestle (NSRGY) is introducing VertuoLine, a new Nespresso machine. Nestle says "Nespresso is launching a new large-cup coffee system in the U.S. and Canada, aiming to secure a major segment of a market worth some $5B each year in the U.S. alone. The new VertuoLine system, the result of almost a decade of research, has been designed to meet the tastes and preferences of the North American consumer, creating an American-style large-cup coffee as well as the authentic European espressos for which the brand is famous."
News For NSRGY;GMCR;SBUX;DNKN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
December 8, 2014
06:47 EDTSBUXStarbucks coverage resumed with a Conviction Buy at Goldman
Subscribe for More Information
06:42 EDTDNKNDunkin' Brands coverage resumed with a Neutral at Goldman
Target $47.
December 5, 2014
16:52 EDTSBUXDow just below 18K as market finishes week with gains
Subscribe for More Information
12:13 EDTSBUXStarbucks hits 52-week high after analysts applaud five-year plan
Shares of Starbucks (SBUX) are climbing after a number of analysts were upbeat about the company's long-term guidance, which it announced yesterday. WHAT'S NEW: After Starbucks yesterday estimated that its revenue would approach $30B in fiscal 2019, up from $16B in fiscal 2014, research firm Piper Jaffray analyst Nicole Regan wrote in a note to investors today that the stock could more than double within four years. The depth and breadth of the plan that Starbucks unveiled yesterday in conjunction with its guidance is "particularly impressive," she contended. Regan was upbeat about the company's plans to double its U.S. food business, launch new technology initiatives, and significantly grow its store count. Following Starbucks' update, the analyst has increased confidence about its ability to generate continued top-line momentum. Regan now believes her previous forecast for the stock to double within five years could be conservative. The analyst reiterated a $100 price target and Overweight rating on the shares. Meanwhile, JPMorgan analyst John Ivankoe was impressed by the company's store expansion plans, sales driving initiatives, and margin enhancing measures, he wrote in a note to investors today. The company looks poised to increase its profits 15%-20% through 2016, and arguably through 2019 as well, Ivankoe stated. Starbucks is a classic, long-term core growth stock, added the analyst, who raised his price target on the name to $89 from $82 and kept an Overweight rating on the shares. PRICE ACTION: In early afternoon trading, Starbucks gained nearly 3% to $83.58. Earlier, the stock set a new 52-week high of $83.92.
07:32 EDTSBUXStarbucks price target raised to $89 from $82 at JPMorgan
Subscribe for More Information
06:53 EDTSBUXPiper sees Starbucks shares doubling within four years
Subscribe for More Information
December 4, 2014
16:02 EDTGMCRKeurig Green Mountain to acquire Bevyz Global for $220M
Keurig Green Mountain announced that it has entered into an agreement to acquire the outstanding equity of MDS Global Holding p.l.c. that it does not already own. The transaction is valued at approximately $220M in cash, based on exchange rates as of the close of business on December 3. Keurig currently owns approximately 15% of Bevyz on a fully diluted basis and will fund the acquisition with cash on hand. The transaction is subject to customary closing conditions and is expected to close in the next month. Following the acquisition, Bevyz’s roughly 50 employees will become part of Keurig’s technology and product systems teams and are expected to continue to be located primarily in the Netherlands and Malta. Keurig reiterated its FY15 and Q1 guidance provided in its November 19, earnings press release.
16:01 EDTGMCRKeurig Green Mountain to acquire Bevyz Global for $220M
14:29 EDTSBUXStarbucks CFO says has never missed guidance as a result of coffee prices
Subscribe for More Information
14:28 EDTSBUXStarbucks CFO reaffirms FY SSS growth mid single digits
Subscribe for More Information
12:27 EDTSBUXStarbucks exploring two different delivery models to launch mid-to-late 2015
Subscribe for More Information
12:24 EDTSBUXStarbucks sees mobile ordering driving MSR memberships
Subscribe for More Information
12:18 EDTSBUXStarbucks sees 'mobile ordering' driving transactions
Subscribe for More Information
12:16 EDTSBUXStarbucks says has the neccessary attributes to create new mobile payment system
12:14 EDTSBUXStarbucks says use of mobile app grew approximately 50% in 2014
12:05 EDTSBUXStarbucks to make aggressive push in tea business
Subscribe for More Information
11:06 EDTSBUXStarbucks announces launch of Mobile Order & Pay
Reports 8M loyalty customers, 7M mobile transactions per week. Reports more than $4B loaded onto prepaid Starbucks Cards in North America in the last year. Starbucks announced the launch of “Mobile Order & Pay” and plans for food and beverage delivery. Mobile Order & Pay will allow customers to place orders in advance of their visit, and to pick up their ready order at their preferred Starbucks store – improving speed of service, enhancing customer loyalty and the customer experience, streamlining store operations and further extending Starbucks leadership position in mobile commerce and customer loyalty. The Portland launch will be followed by a national rollout of Mobile Order & Pay in 2015.
11:04 EDTSBUXStarbucks plans to double store count in China to 3000 stores by 2019
Subscribe for More Information
11:03 EDTSBUXStarbucks projects revenue to approach $30B in FY19, up from $16B in FY14
Subscribe for More Information
08:37 EDTGMCRKeurig Green Mountain acquires Laughing Man Coffee and Tea brand
Keurig Green Mountain announced it has acquired the Laughing Man Coffee and Tea brand from Laughing Man Worldwide. Keurig will introduce Laughing Man’s curated selection of gourmet coffees and teas to Keurig brand packs for use in Keurig brewers beginning in spring 2015. Financial terms of the agreement were not disclosed.
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use