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Stock Market & Financial Investment News

News Breaks
December 4, 2012
06:36 EDTSBUX, DNKNRecord Brazil coffee harvest lowers costs for Starbucks, Bloomberg reports
Brazil had record coffee harvests, compounding the worldwide glut of arabica used by Starbucks Corp. (SBUX) and Dunkiní Donuts (DNKN), reports Bloomberg. Brazilian farmers will have 50.8M bags in 2013, a record for a the low-crop season, according to the median of nine analyst estimates compiled by Bloomberg. The harvest reached 55.9M 60-kilogram (132-pound) bags in 2012, an all-time high for a peak year. Prices may drop 13 % to $1.311 a pound by June 30, the average of 14 predictions shows. Reference Link
News For SBUX;DNKN From The Last 14 Days
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August 21, 2014
09:34 EDTDNKNDunkin' Brands announces plans for 14 new restaurants in Kansas
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August 20, 2014
10:04 EDTDNKNOn The Fly: Analyst Upgrade Summary
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05:24 EDTDNKNDunkin' Brands upgraded to Overweight from Equal Weight at Barclays
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August 19, 2014
09:38 EDTDNKNDunkin' Brands initiated with a Buy at Cleveland Research
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August 15, 2014
09:05 EDTDNKNDunkin' Brands checks indicate comps running light, says Longbow
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06:39 EDTSBUXTim Hortons aims to lure customers via new coffee launch, Reuters says
Tim Hortons (THI) is looking to attract new customers and fight competitors, such as Starbucks (SBUX) and McDonald's (MCD), by revealing a new dark roast coffee blend throughout North America while possibly increasing prices to fend-off increasing expenses and rivals, according to Reuters, citing comments from Tim Hortons CEO Marc Caira. Caira said, "Looking at the coffee market, I would suggest that, given the degree of cost increases, that we are looking at prices going up sometime in 2015." Reference Link
August 12, 2014
12:34 EDTSBUXStarbucks lost some packaged coffee share, says Wells Fargo
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