courtesy of StarbucksIn March Starbucks Corp. (NASDAQ: SBUX) CEO Howard Schultz said that the company had no plans to raise its prices. This morning the company announced that a grande or venti…
As the price of arabica coffee rises, more and more coffee makers are raising their prices, too. Kraft Foods has increased the price of its famous Maxwell House and Yuban brands by…
After hitting a peak of around $2.15 a pound in mid-April, coffee prices have moderated to around $1.70 a pound for arabica beans. So why did J.M. Smucker announce that it was…
These are the top Wall Street analyst upgrades, downgrades and initiations for Thursday, May 8, 2014. They include Chevron, Exxon, FedEx, Merck, Tesla, Twitter, Disney and Yelp.
ThinkstockSince the end of January, coffee futures have jumped from around $1.20 a pound to trade near $2.16 a pound on Wednesday for July futures. Coffee prices have not been this high…
The futures price of coffee has basically doubled since early November, leaving one to ask how long can, say, Starbucks go on until it has to boost retail prices. Or Keurig Green…
ThinkstockConAgra Foods Inc. (NYSE: CAG) reported first-quarter fiscal 2014 results before markets opened this morning. The food processor and packager posted quarterly adjusted diluted earnings per share (EPS) of $0.37 on revenues of…
courtesy Green Mountain Coffee Roasters Inc.Investors either did not believe that sales at Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) would be hammered by new entrants into the single-cup coffee sector or…
U.S. equity markets opened slightly lower this morning, even though the report on new U.S. claims for unemployment benefits came in a bit lower than expected. The drag on stock prices followed…
ThinkstockThe J.M. Smucker Co. (NYSE: SJM) reported fourth-quarter and full-year fiscal 2013 results before markets opened this morning. The food processor reported quarterly adjusted diluted earnings per share (EPS) of $1.29 on…
Paul Ausick U.S. equity markets opened lower this morning following smaller-than-expected gain in ADP’s employment report. Other data out before the opening bell also weighed on stocks, including a drop new mortgage applications and weak…
ThinkstockThe research team at Deutsche Bank A.G (NYSE: DB), recently put out an in-depth piece on the food industry as a defensive place to put money and keep earning dividends. They point…
U.S. equity markets opened slightly higher this morning on better economic news out of Europe and basically good data in the U.S. In Europe, the eurozone trade balance came in better than…
U.S. equity markets opened lower this morning, dragged down by weak economic data from Europe. Germany, France, Italy, and Greece all reported worse-than-expected GDP contraction for the fourth quarter of 2012, and…
ThinkstockThe Berkshire Hathaway Inc. (NYSE: BRK-A) $28 billion buyout of H.J. Heinz Co. (NYSE: HNZ) is already all over the news. What investors need to consider now is how this impacts other…
