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 ...Read Full Story »
Posts related to ‘coffee prices’
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Starbucks Hits New High as Coffee Prices Stay Low (SBUX, DNKN)
Starbucks Corp. (NASDAQ: SBUX) raised the bar this morning, posting a new 52-week high of $53.37. Almost certainly the share price rise is due to the continued low prices for ...Read Full Story »
Media Digest (7/18/2011) Reuters, WSJ, NYT, FT, Bloomberg
Democrats and Republicans are not closer to a deal on the debt ceiling (Reuters) The hacking scandal has pushed News Corp's shares (NYSE: NWS) even lower (Reuters) Moody's suggested that ...Read Full Story »
Coffee Starts to Weigh on Roasters and Retailers (SJM, SBUX, GMCR, KFT, MCD, JO, CAFE)
As is the case with crude oil, people just can't seem to get enough coffee. Global consumption of coffee rose 2.4% in 2010, to 134 million bags (each bag weighs ...Read Full Story »
Commodities Watch: Silver Streaking Again; Coffee is Steaming; Investors Shedding Exchange-traded Ag Funds (SLV, SIL, SLW, SBUX, SJM, MOO, DBA, CORN)
Today's commodities report takes a look at the recovery in silver, another comeback for coffee, and some concerns about agricultural exchange-traded products. The price of silver is up about 4.5% ...Read Full Story »
Starbucks Finally Meets Its Match–Coffee Prices
The new Starbucks (NASDAQ: SBUX) formula for success is straightforward. Sell a wider set of products. Offer free Wifi. Concentrate on the current chain of stores instead of rapidly expanding ...Read Full Story »
Commodities Watch: Gold, Silver Sell-off Continues; US Now Net Exporter of Refined Oil Products; Coffee Prices Slide (GLD, SLV, SBUX, GMCR)
The sell-off in shiny metals leads off today's commodities news. We also note new data that shows the US is a net exporter of oil for the first time in ...Read Full Story »
Commodities Watch: Iron Ore Prices Hit China’s Steelmakers; Caterpillar Soars; Lumber Prices Remain Soft; Coffee at Near-Record High (BHP, RIO, VALE, CAT, WY, DHI, SBUX)
Today's report on commodities begins with some sobering news from Chinese steel makers and some roaring news from a maker of heavy equipment. Lumber prices remain low, but arabica coffee ...Read Full Story »
Beating the Rise of Coffee Prices (JO, SBUX, GMCR, JVA, CBOU)
If you have been a frequenter of coffee shops in recent months, chances are that you have noticed that coffee prices have gone from high to higher. Ditto for coffee ...Read Full Story »
The Good, The Bad, And The Irrelevant: Turkey Prices Hit All-Time High
Bad. As Thanksgiving approaches, the price of turkey has hit an all-time high, evidence that inflation may have begun to affect the economy more than most Americans imagine Bloomberg reports ...Read Full Story »
The No.1 Threat To Starbucks: Coffee Prices Soar
Starbucks (NASDAQ: SBUX) has made a remarkable recovery. Earnings rose in the last three quarters. Cost savings driven by 12,000 layoffs and hundreds of store closings in 2008 have significantly ...Read Full Story »
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