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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For February 27: Yellen Talks Pushes Markets Higher
Thursday, February 27, 2014 - 5:47pm | 2887U.S. stocks rose after Federal Reserve boss Janet Yellen appeared in the hot-seat today speaking to the Committee on Financial Services and U.S. House of Representatives. Yellen said that it is too soon to determine the extent of which cold weather played a role in a recent batch of poor economic...
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Blame It On Coca-Cola: Green Mountain Up, SodaStream Down
Thursday, February 6, 2014 - 10:30am | 603What a difference a little competition makes. Shares of Green Mountain Coffee Roasters (NASDAQ: GMCR) were up more than 43 percent to $116.00 in pre-market trading Thursday, while rival, SodaStream (NASDAQ: SODA) fell almost five percent to $37.55. (Update: Shares initially traded lower, but...
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Green Mountain Coffee Roasters Enters 10-Year Agreement With Coca-Cola
Wednesday, February 5, 2014 - 6:05pm | 335On Wednesday, Green Mountain Coffee Roasters (NASDAQ: GMCR) announced that it signed a ten year agreement with Coca-Cola (NYSE: KO) to collaborate on the development and introduction of the Coca-Cola's global brand portfolio for use in Green Mountain's upcoming Keurig Cold beverage system....
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Green Mountain Falls Slightly After Q4 Earnings Report
Wednesday, November 20, 2013 - 5:47pm | 299Green Mountain Coffee Roasters (NASDAQ: GMCR) is down slightly in after hours following the company's fourth quarter and full fiscal year results. The company reported a Q4 EPS of $0.89 versus the Street estimate of $0.75. Earnings per share were up 39 percent from the year-ago period. Revenue...
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You'll Never Believe That America's Favorite Coffee Is This Brand
Saturday, August 24, 2013 - 1:18pm | 541If your favorite morning “Cup of Joe” carries the name Starbucks (NASDAQ: SBUX), Green Mountain (NASDAQ: GMCR), or Maxwell House, a Kraft (NASDAQ: KRFT) brand, be advised, you are in the minority when it comes to taste in coffee. America’s favorite coffee, once again, is Folgers according to...
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Peet's Coffee Not Yet Commenting On Starbucks/Green Mountain Deal (PEET, SBUX, GMCR)
Thursday, March 10, 2011 - 4:43pm | 202Green Mountain Coffee Roasters (NASDAQ: GMCR) may be green with joy over its deal with Starbucks (NASDAQ: SBUX), but Peet's Coffee & Tea Inc. (NASDAQ: PEET) isn't yet “available” to comment on how it feels on the matter. That's the official word Benzinga received when it placed calls with the...
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Coffee Supply Forecasted to Soar; Good News for Starbucks (SBUX)
Wednesday, September 29, 2010 - 2:03pm | 337The premium coffee used by Starbucks Corp. (NASDAQ: SBUX) and Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) is poised to cheapen. The spread between premium arabica beans and the cheaper robusta beans (used in cheaper instant coffee) is at at a high. Bloomberg reports that coffee crops in...