Peet’s Coffee & Tea, Inc. (NASDAQ:PEET)

24/7 Wall St. Closing Bell — July 23, 2012: Markets Fade Eurozone Continues Faltering

The three major US stock indexes opened lower this morning as Spanish 10-year bond yields rose sharply above 7% (our coverage here) and German magazine Der Spiegel published a story ...
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Today’s Market Winners and Losers

The stock market is solidly down in Monday morning trading, with more fear over European debt. The Dow Jones Industrial Average is down 1.79%, the Nasdaq is down 2.34% and the S&P ...
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German Firm Brews Up Deal for Peet’s Coffee

German holding company Joh. A. Benckiser (JAB) has agreed to acquire Peet’s Coffee & Tea Co. (NASDAQ: PEET) for $73.50 per share, or approximately $1 billion in cash. The price ...
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Private Label Woes Growing For Green Mountain (GMCR, KR, SJM, DNKN, SBUX, PEET)

Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are getting hit today following an announcement by Kroger Inc. (NYSE: KR) that the grocery retailer will begin this fall selling ...
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Smucker’s Drops Coffee Prices: Will Others Follow?

Food processor J.M. Smucker Co. (NYSE: SJM) announced this morning that it was lowering the price on its coffee brands by an average of 6% “in response to sustained declines ...
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24/7 Wall St. Closing Bell (MRO, PEET, RIMM, URBN, CHK, GILD, GNW, PCCC, NVLS, PKI, BEAM, EL, WY, THLD, TUDO, ZOLT, STRI, MNKD)

Major indexes reacted positively to this morning’s non-farm payrolls report and the drop in the US unemployment rate from 8.5% to 8.3%. Expectations for the unemployment rate had been no ...
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Top Analyst Upgrades & Downgrades (APA, BBT, CVC, CHK, DRI, EMN, EW, MRO, NBL, PEET, RIMM, RBS, SLM, URBN)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning. Apache Corporation (NYSE: APA) Started as Outperform at ...
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Full 360-Degree Starbucks Earnings Preview (SBUX, GMCR, CBOU, PEET)

Starbucks Corporation (NASDAQ: SBUX) is set to report earnings after the close.  As this one hit all-time highs in recent trading days, it would seem as though the broader opinion ...
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Stocking Stuffer: Starbucks Hit All-Time High (SBUX, GMCR, CBOU, PEET)

Starbucks Corporation (NASDAQ: SBUX) has given its shareholders the ultimate gift of all this holiday season.  This stock did not just hit a new 52-week high today.  Starbucks shares hit ...
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Endless Coffee Boom in Question: Caribou Insider Selling (CBOU, GMCR, SBUX, PEET)

Caribou Coffee Company, Inc. (NASDAQ: CBOU) is just one of the companies in the coffee system that has enjoyed great returns of late.  This retailer has chased the performance of ...
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Is Green Mountain Coffee Roasters Heading Toward A Brick Wall?

Green Mountain Coffee Roasters (NASDAQ: GMCR) has delivered compounded annual earnings growth rate of 80% in the last three years. So why is the specialty beverage purveyor still cash poor? Green ...
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Rethinking the Coffee Merger Candidates (SBUX, GMCR, CBOU, PEET, JVA, FARM, JO)

We have seen a massive run-up, followed by a tempering of those gains, in the coffee sector.  Some are looking for consolidation to continue.  Others are looking at trying to ...
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Top Analyst Upgrades & Downgrades (ADBE, ALTR, BUD, CIEN, DOV, HGSI, ISRG, NTAP, NFLX, PEET, RL, SMTC, STP, UPS, WMB)

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Adobe Systems Inc. (NASDAQ: ADBE) Reiterated Buy and Raised target ...
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Coffee Conundrum: Coffee Shelf Life vs. Corporate Finance (ICE, KFT, SBUX, FARM, GMCR, PEET, CBOU, JO)

Coffee prices have been rising, primarily as a result of a projected failure in the Colombian crop due to heavy rains. Colombia usually produces about 12 million bags of coffee ...
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Green Mountain Now One With Diedrich, Time To Execute (GMCR, PEET)

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has completed its acquisition of Diedrich Coffee.  Peet's Coffee & Tea Inc. (NASDAQ: PEET) was in a fight to secure Diedrich, but Green ...
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