S&P 500
7,507.80
-0.22%
Dow Jones
51,595.40
-0.32%
Nasdaq 100
30,411.80
-0.23%
Russell 2000
2,975.48
-0.09%
FTSE 100
10,384.80
-0.34%
Nikkei 225
71,987.20
+0.02%

Retail

Green Mountain… In Favor Again With Starbucks? (GMCR, SBUX)

Photo of Jon C. Ogg
By Jon C. Ogg Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) had been lower on word that Starbucks Corporation (NASDAQ: SBUX) was going to have its own brewing initiative despite the partnership that exists between the two.  Now it appears that things might be on the mend because Green Mountain and Starbucks have announced an expanded pact.

Today’s news covers “the expansion of their strategic relationship for the manufacturing, marketing, distribution and sale of Starbucks-branded Vue™ packs for use in GMCR’s recently introduced Keurig® Vue™ Brewer.”

Shares of Starbucks are up $0.03 at $53.76 and it iw worth $40.4 billion in market capitalization today.  Green Mountain is up over 5% at $53.35 on the news.

JON C. OGG

DISCLOSURE:
INVESTMENTS ARE NOT FDIC INSURED • ARE NOT BANK GUARANTEED • MAY LOSE VALUE Brokerage and Active investing products offered through SoFi Securities LLC, member FINRA(www.finra.org)/SIPC(www.sipc.org). Advisory services are offered by SoFi Wealth LLC, an SEC-registered investment adviser. Information about SoFi Wealth’s advisory operations, services, and fees is set forth in SoFi Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at www.adviserinfo.sec.gov. Probability of Member receiving $1,000 is a probability of 0.026%; If you don’t make a selection in 30 days, you’ll no longer qualify for the promo. Customer must fund their account with a minimum of $50.00 to qualify. Other fees, such as exchange fees, may apply. Please view our fee disclosure to view a full listing of fees. Investing in alternative investments and/or strategies may not be suitable for all investors and involves unique risks, including the risk of loss. An investor should consider their individual circumstances and any investment information, such as a prospectus, prior to investing. Interval Funds are illiquid instruments, the ability to trade on your timeline may be restricted. Brokerage and Active investing products offered through SoFi Securities LLC, Member FINRA(www.finra.org) /SIPC(www.sipc.org). There are limitations with fractional shares to consider before investing. During market hours fractional share orders are transmitted immediately in the order received. There may be system delays from receipt of your order until execution and market conditions may adversely impact execution prices. Outside of market hours orders are received on a not held basis and will be aggregated for each security then executed in the morning trade window of the next business day at market open. Share will be delivered at an average price received for executing the securities through a single batched order. Fractional shares may not be transferred to another firm. Fractional shares will be sold when a transfer or closure request is initiated. Please consider that selling securities is a taxable event. Options involve risks, including substantial risk of loss and the possibility an investor may lose the entire investment Before trading options please review the Characteristics and Risks of Standardized Options  Investing in an Initial Public Offering (IPO) involves substantial risk, including the risk of loss. Further, there are a variety of risk factors to consider when investing in an IPO, including but not limited to, unproven management, significant debt, and lack of operating history. For a comprehensive discussion of these risks please refer to SoFi Securities’ IPO Risk Disclosure Statement This should not be considered a recommendation to participate in IPOs and investors should carefully read the offering prospectus to determine whether an offering is consistent with their investment objectives, risk tolerance, and financial situation. New offerings generally have high demand and there are a limited number of shares available for distribution to participants. Many customers may not be allocated shares and share allocations may be significantly smaller than the shares requested in the customer’s initial offer (Indication of Interest). For more information on the allocation process please visit IPO Allocation.
Follow 24/7 Wall St. on Google
Photo of Jon C. Ogg
About the Author Jon C. Ogg →

Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.

Continue Reading

Jon C. Ogg |

Why SodaStream Can Win in New Coca-Cola and Green Mountain Pact Too

SodaStream Internationa was initially down handily as the loser of the Coca-Cola and Green Mountain Coffee Roasters 10-year pact announced…

Paul Ausick |

Green Mountain Chairman Sold $66 Million in Shares Just Ahead of Dip (GMCR, SBUX)

ThinkstockOn March 8th, Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) announced that Starbucks Corp. (NASDAQ: SBUX) would be making a…

Paul Ausick |

Starbucks’ Verismo Sinking Green Mountain Again

courtesy Green Mountain Coffee Roasters Inc.Although it has been expected for a long time, today’s introduction of the new Verismo…

Jon C. Ogg |

More Battles in the Coffee Wars (KFT, SBUX, GMCR)

ThinkstockThe ongoing battle between Kraft Foods Inc. (NYSE: KFT) and Starbucks Corporation (NASDAQ: SBUX) is getting more heated and it…

Jon C. Ogg |

Green Mountain Feels Starbucks Pushback (GMCR, SBUX, KFT)

Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) was soft for most of Thursday on fears that Starbucks Corporation (NASDAQ: SBUX)…

Jon C. Ogg |

Can a New Subway Deal Help Keurig Catch Up to Starbucks?

ThinkstockKeurig Green Mountain Inc. (NASDAQ: GMCR) seems to just keep firing on all cylinders. The coffee giant already scored its…

Douglas A. McIntyre |

Top Active Trader Alert Stocks (GMCR, HGSI, SBUX)

Active traders and day traders have many stocks to choose from this Thursday morning.  We are tracking news and moves…

Jon C. Ogg |

An Unlikely & Indirect Analyst Defense of Green Mountain (GMCR, SBUX, WMT, TGT)

If you have been watching shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), you would know that the high-flyer…

Douglas A. McIntyre |

A Second Look At The Coffee Craze (GMCR, DDRX, CBOU, PEET, JVA, SBUX, BAGL)

Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) has nearly defied logic, even for a market where the news has become…

Top Gaining Stocks

CarMax
KMX • Vol: 7,330,419
Corning
GLW • Vol: 22,800,969
Intel
INTC • Vol: 233,719,006
Super Micro Computer
SMCI • Vol: 68,465,534
Enphase Energy
ENPH • Vol: 13,978,376

Top Losing Stocks

Accenture
ACN • Vol: 41,744,333
EPAM Systems
EPAM • Vol: 5,636,587
Cognizant
CTSH • Vol: 61,311,400
Coterra Energy
CTRA • Vol: 73,319,495
Kroger
KR • Vol: 26,704,230