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Goldman Sachs Sees Multi-Year Growth Story At Keurig Green Mountain Inc
Tuesday, October 7, 2014 - 11:50am | 211Judy Hong of Goldman Sachs initiated coverage of Keurig Green Mountain Inc (NASDAQ: GMCR) on Tuesday with a Buy rating and $166 price target. “We believe Keurig Green Mountain is at the cusp of pivoting to a multi-layered, product cycle-driven growth story from a disruptive innovation...
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3 Soft Drink Kings Pledge To Make Americans Healthier
Friday, September 26, 2014 - 2:01pm | 737The three largest soda companies in the world -– The Coca-Cola Company (NYSE: KO), PepsiCo, Inc. (NYSE: PEP) and the Dr Pepper Snapple Group, Inc (NYSE: DPS) -– have pledged to reduce calories in their sugary drinks by one-fifth over the next 10 years. Big Deal The pledge, made...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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3 Hot Takeover Targets In The Food And Beverage Industry
Tuesday, August 19, 2014 - 12:19pm | 694Coca-Cola's (NYSE: KO) announcement last week that it had acquired a $2.15 billion, 16.7 percent stake in Monster Beverage (NASDAQ: MNST) pairs the biggest soda company in the world with the biggest energy drink brand in the United States. Investor Reaction Positive The deal, two years...
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Markets Gather Some Momentum As Volume Remains Light, Geopolitical Tension Improving
Thursday, August 14, 2014 - 4:37pm | 2822U.S. stocks rose to close the day with moderate gains despite a larger than expected increase in jobless claims. “The end of 2015 Q1 is still my preferred liftoff date,” St. Louis Fed President Jim Bullard told The Wall Street Journal. The end of the first quarter is ahead of the...
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Keurig Green Mountain Announces Coffee Price Increase
Thursday, August 14, 2014 - 9:13am | 210Keurig Green Mountain (NASDAQ: GMCR) released a statement Thursday morning that said the company will raise the price of its K-Cup portion packs by up to nine percent beginning in early November. “This price increase is in direct response to several factors affecting the cost environment...
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S&P 500 Falls To Two-Month Low, Dow Drifts Further Away From The 17,000 Mark
Thursday, August 7, 2014 - 4:41pm | 2840U.S. stocks declined, following Europe's lead following the European Central Bank's decision to keep interest rates unchanged. The ECB's President Mario Draghi reaffirmed the bank's intention of considering "unconventional moves," which includes buying asset-backed...
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Keurig Green Mountain Conference Call Highlights: Shift To Keurig 2.0 'Imminent'
Thursday, August 7, 2014 - 3:57pm | 1072Keurig Green Mountain, (NASDAQ: GMCR) formerly known as Green Mountain Coffee Roasters, reported mixed third quarter results on Wednesday. Following the earnings report, the company held an analyst conference call hosted by Chief Executive Officer Brian Kelley. Quarterly performance Fran...
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5 Companies That Just Might Object To 3D Printed Food
Thursday, July 24, 2014 - 1:21pm | 7063D printed food hasn’t exactly gone mainstream yet, but opponents may already be lining up. With everyone from the U.S. Army to nursing homes in Germany experimenting with the use of specialized 3D printing technology to “print” realistic-looking food, it’s only a...
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Stocks Rebound From 2 Day Drop As The Fed Confirms The End Of QE Is Near
Wednesday, July 9, 2014 - 4:40pm | 2399U.S. stocks rose following the FOMC minutes which stated that the Fed is on track for a final month of tapering in October. The Fed plans to slash $15 billion from its monthly asset purchasing program at that time. “Some committee members had been asked by members of the public whether...
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3 Top-Performing Consumer Goods Dividend Payers With The Most Upside Potential
Friday, June 20, 2014 - 10:45am | 868Among the top-performing consumer goods stocks over the past six months that pay dividends, analysts believe that Allison Transmission (NYSE: ALSN), Foot Locker (NYSE: FL) and Pinnacle Foods (NYSE: PF) still have some room to run, despite rising more than 15 percent. It is not unusual for stocks on...
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Market Wrap For May 22: Markets Barely Positive
Thursday, May 22, 2014 - 4:35pm | 2710U.S. stocks picked up right where they left off following Wednesday's rally. Investors were given a mixed bag of economic data covering U.S. manufacturing, initial purchasing managers' index in China, existing home sales, Fed activity among others. Investors are likely focusing more on...
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Market Wrap For May 14: Dow's Winning Streak Ends At Five Sessions
Wednesday, May 14, 2014 - 4:47pm | 2536U.S. stocks declined a day after the S&P 500 and Dow indices traded at record-high levels. Investors and traders were likely paying attention to the ten-year Treasury yield which hit 2.5258, the lowest level since late October. The bull market has paused, temporarily at least, until...
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Market Wrap For May 8: Tesla Helps Extend Nasdaq's Losing Streak To 3 Straight Days
Thursday, May 8, 2014 - 4:32pm | 3174U.S. stocks were mixed as the Dow finished in positive territory and the S&P 500 index turned negative after rising to within two points of its record close. The Nasdaq also turned negative towards the end of the day, declining for the third straight day. Earnings continue to come in mixed...
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Keurig Green Mountain Surges After Earnings Beat And Announcement
Thursday, May 8, 2014 - 2:46pm | 704Keurig Green Mountain (NASDAQ: GMCR), formally known as Green Mountain Coffee, on Wednesday reported very strong second quarter results. Keurig Green Mountain earned $1.08 per share, beating the consensus estimate of $0.95. Revenue grew 10 percent year-over-year to $1.1 billion, coming in $50...