New User:

-or-
Username:
Password:
Forgot your password?

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
Check below for free stories on SBUX;SJM;DNKN;KRFT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 21, 2014
09:34 EDTDNKNDunkin' Brands announces plans for 14 new restaurants in Kansas
Subscribe for More Information
August 20, 2014
10:04 EDTDNKNOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
07:05 EDTSJMJ.M. Smucker reports Q1 U.S. Retail Coffee segment volume up 2%, sales down 2%
Subscribe for More Information
07:04 EDTSJMJ.M. Smucker backs FY15 EPS $5.95-$6.05, consensus $6.02
Subscribe for More Information
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
Subscribe for More Information
August 19, 2014
15:16 EDTSJMNotable companies reporting before tomorrow's open
Subscribe for More Information
11:00 EDTKRFTMcDonald's to unveil retail coffee initiative, Huffington Post says
Subscribe for More Information
09:38 EDTDNKNDunkin' Brands initiated with a Buy at Cleveland Research
Subscribe for More Information
August 15, 2014
09:05 EDTDNKNDunkin' Brands checks indicate comps running light, says Longbow
Subscribe for More Information
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
Subscribe for More Information
August 8, 2014
06:11 EDTSBUXOSI withdraws products made in Shanghai in response to food scandal
After dealing with a food scandal, OSI China, parent company of Shanghai Husi Food, announced the withdrawal of products produced in Shanghai. The company said, "Husi is the subject of company and government investigations and it is proceeding smoothly. While there have been no reported illnesses linked to any Shanghai Husi products, recovering this production is an important step in facilitating the investigations and rebuilding the respect and trust of our customers, the government and the people of China. With assistances and guidance provided by Shanghai FDA, we have started the recovery process of products in question in a comprehensive and orderly." Worldwide brands such Yum! Brands (YUM) McDonald's (MCD) and Starbucks (SBUX) were affected by the scandal in China. Reference Link

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