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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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July 24, 2014
06:51 EDTSBUXChina investigates 581 companies, restaurants as scandal broadens, Reuters says
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06:16 EDTDNKNDunkin' Brands lowers FY14 EPS view to $1.73-$1.77 from $1.79-$1.83
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06:13 EDTDNKNDunkin' Brands reports Q2 EPS 47c, consensus 47c
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July 23, 2014
18:25 EDTSBUXStarbucks launches first of three stores in Hanoi
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09:05 EDTDNKNDunkin' Brands partners with NAACP
Dunkin' Brands is partnering with The National Association for the Advancement of Colored People to create a Diversity Franchising Initiative to increase the number of African-American owned franchise businesses in the U.S. Dunkin' Brands and the NAACP will collaborate to offer people of color in-depth franchising education and training as well as assistance in overcoming the financial challenges related to becoming a franchise owner.
06:48 EDTSBUXFive people detained regarding China meat scandal investigation, Reuters says
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July 22, 2014
18:02 EDTSBUXStarbucks plans 260 store openings in Japan, Nikkei says
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06:43 EDTSBUXChina food scandal expands, ropes-in Starbucks, others, Reuters says
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July 21, 2014
12:17 EDTSBUXStarbucks July weekly volatility elevated into Q3 and outlook
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11:00 EDTSBUXStarbucks China says one of its suppliers got meat from Husi, Bloomberg reports
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July 18, 2014
10:48 EDTDNKNHigh option volume stocks
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10:03 EDTDNKNOn The Fly: Analyst Downgrade Summary
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08:38 EDTDNKNDunkin' Brands volatility elevated into Q2 and outlook
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08:12 EDTDNKNDunkin' Q2 comp estimate lowered, downgraded to Neutral at Janney Capital
As previously reported, Janney Capital downgraded Dunkin' Brands to Neutral from Buy after the firm's channel checks prompted it to lower its Q2 same-store sales growth estimate for U.S. Dunkiní Donuts locations to 2.4%. The firm lowered its fair value estimate on the stock to $45 from $56, citing growing risks that Dunkiní Donuts' domestic SSS trends for the rest of the fiscal year may fall short of current Street expectations.
06:37 EDTSBUXStarbucks to test mobile phone ordering, Re/code reports
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06:08 EDTDNKNDunkin' Brands downgraded to Neutral from Buy at Janney Capital
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July 16, 2014
17:16 EDTSJMJ.M. Smucker raises quarterly dividend to 64c per share from 58c per share
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July 15, 2014
16:24 EDTSJMJ.M. Smucker files automatic mixed securities shelf
07:23 EDTSBUXFortune to hold a conference
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July 14, 2014
10:19 EDTSJMJ.M. Smucker management to meet with Stephens
Meeting to be held in Chicago on July 17 hosted by Stephens.
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