PEET
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 that suggested...
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Source: Photo by Spencer Platt/Getty ImagesThe 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...
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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 reflects a premium...
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Source: courtesy Green Mountain Coffee Roasters Inc.Shares of Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR) are getting hit today following an announcement by Kroger Inc. (NYSE: KR) that the...
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Source: ThinkstockFood 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 in...
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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 better...
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Source: Jon OggThese 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...
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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 is that no real...
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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 an...
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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 Green Mountain...
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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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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 find the last...
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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 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 annually. Weak crops...
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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 Mountain...
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