Editor’s Note: Related tickers: Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR), Starbucks Corporation (NASDAQ:SBUX), Sodastream International Ltd (NASDAQ:SODA), Moody’s Corporation (NYSE:MCO), Campbell Soup Company (NYSE:CPB), Monster Beverage Corp (NASDAQ:MNST)
This Specialty Coffee Company Is a Winner, but Risks Exist (DailyFinance)
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) is a unique story. Despite revenue and earnings growth, a strong balance sheet, and an effective strategy, the short position is north of 37%. Therefore a lot of investors/traders believe a gap down is on the horizon. …The shorts are all over Green Mountain for two reasons. One is that if a licensing deal is terminated with, let’s say, a Starbucks Corporation (NASDAQ:SBUX) or Dunkin’ Brands Group’s Dunkin’ Donuts, it could bring significant pain for Green Mountain’s business. Though not ideal, it wouldn’t be as big of a problem as people think.
Starbucks Corp. Coverage Initiated by Analysts at Wedbush (SBUX) (Zolmax)
Equities researchers at Wedbush started coverage on shares of Starbucks Corporation (NASDAQ:SBUX) in a research report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $80.00 price target on the stock. Wedbush’s price target suggests a potential upside of 10.90% from the company’s current price. The analysts wrote, “We expect continued Americas and global comp momentum, accelerating Americas and CAP unit growth, and multiple near- and medium-term CPG and emerging market opportunities to result in raised FY14 EPS estimates.
Moody’s reviewing Starbucks debt for upgrade (MSN)
Moody’s Corporation (NYSE:MCO)‘s Investors Service on Tuesday put Starbucks Corporation (NASDAQ:SBUX)’s credit rating on review for an upgrade, based on its plans for a $750 million debt offering. Starbucks currently has an investment-grade “Baa2” senior unsecured rating from Moody’s. A higher credit rating could make it easier for the company to borrow. Starbucks plans to use proceeds from the offering for general corporate purposes, including dividend payments, stock repurchase plans or potential acquisitions.
Would You Eat K-Cup Soup, Campbell’s New Keurig Coffee-Like Instant Snack?! (eOnline)
Have you ever wanted to eat soup but it was just too much work? Probably not, because most people just put it in a bowl and microwave it. But making soup just became even easier, if you can believe it. Now you can make soup in your coffee maker. Campbell Soup Company (NYSE:CPB) has announced a partnership with Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) to create K-Cups, single-serve instant soup packets that can be made in any Keurig-like coffee machine.
3 to Watch: BBRY, GMCR, QCOM (CNBC)