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Stock Market & Financial Investment News

News Breaks
June 20, 2014
12:18 EDTSJM, DNKN, KRFT, SBUXStarbucks ups cost of packaged coffee, other products WSJ says
Starbucks is will increase prices for certain packaged coffee and other products in response to a spike in raw coffee expenses earlier this year that is now making its way to consumer wallets, according to The Wall Street Journal, citing comments from a company spokeswoman. J.M. Smucker (SJM) was the first large U.S, roaster to raise coffee prices when it announced a 9% price increase on its Folgers and Dunkin' Donuts (DNKN) packaged coffee. Kraft Foods (KRFT) followed their example a few days later with a 10% price increase on its Maxwell House and Yuban brands. Reference Link
News For SBUX;SJM;DNKN;KRFT From The Last 14 Days
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September 2, 2014
08:05 EDTDNKNDunkin' Brands opens locations in West Coast
Dunkin' Donuts announces opening of its first locations on the West Coast in Modesto and Santa Monica.
August 31, 2014
13:44 EDTSJMBarclays to hold a conference
Back-to-School Consumer Conference to be held in Boston on September 3-5.
August 29, 2014
13:02 EDTKRFTKraft Foods recalls select varieties of regular Kraft American Singles
Kraft Foods Group is voluntarily recalling 7,691 cases of select varieties of regular Kraft American Singles Pasteurized Prepared Cheese Product. A supplier did not store an ingredient used in this product in accordance with Kraft's temperature standards. While unlikely, this could create conditions that could lead to premature spoilage and/or food borne illness, therefore, the company is issuing the recall as a precaution. Kraft has had no consumer illness complaints for this product associated with this recall. The affected product is limited to four varieties with "Best When Used By" dates of February 20, 2015, and February 21, 2015. The affected product was shipped to customers across the U.S. It was not distributed outside of the U.S. The affected product was produced at Kraft's Springfield, Missouri manufacturing facility.
August 26, 2014
07:00 EDTKRFTKeurig Kraft deal to provide market share boost, says William Blair
William Blair believes that Keurig Green Mountain's (GMCR) licensing deal with Kraft (KRFT) is an important step in Keurig's efforts to recapture unlicensed share. Following Keurig's decision to raise its portion pack prices by 9%, the firm thinks that the conversion of formerly unlicensed players likely enhances the ability of Keurig to implement price increases. William Blair keeps an Outperform rating on the stock.
August 22, 2014
16:20 EDTKRFTOn The Fly: Closing Wrap
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12:57 EDTKRFTKeurig Green Mountain surges after inking deal with Kraft
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12:20 EDTKRFTOn The Fly: Midday Wrap
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10:43 EDTKRFTKeurig Green Mountain volatility low, shares up on Kraft licensing agreement
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09:01 EDTKRFTKeurig Green Mountain, Kraft Foods announce licensing agreement
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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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07:05 EDTSJMJ.M. Smucker reports Q1 U.S. Retail Coffee segment volume up 2%, sales down 2%
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07:04 EDTSJMJ.M. Smucker backs FY15 EPS $5.95-$6.05, consensus $6.02
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07:02 EDTSJMJ.M. Smucker reports Q1 EPS $1.34, consensus $1.37
Reports Q1 revenue $1.32B, consensus $1.37B. Q1 sales reflect lower net price realization, particularly related to coffee, and the continued impact of the Company's exit of its private label hot beverage business in its International, Foodservice, and Natural Foods segment during 2014.
05:24 EDTDNKNDunkin' Brands upgraded to Overweight from Equal Weight at Barclays
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August 19, 2014
15:16 EDTSJMNotable companies reporting before tomorrow's open
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11:00 EDTKRFTMcDonald's to unveil retail coffee initiative, Huffington Post says
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09:38 EDTDNKNDunkin' Brands initiated with a Buy at Cleveland Research
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