Editor’s Note: Related tickers: Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR), Starbucks Corporation (NASDAQ:SBUX), Sodastream International Ltd (NASDAQ:SODA), The Coca-Cola Company (NYSE:KO), Moody’s Corporation (NYSE:MCO), Mondelez International Inc (NASDAQ:MDLZ), Kraft Foods Group Inc (NASDAQ:KRFT)
Green Mountain Coffee Roasters Inc. (GMCR) Makes Turnaround with New Management, Remains Competitive with Keurig Brand (TWST)
Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) has made a significant turnaround due to its new management team from The Coca-Cola Company (NYSE:KO), who instilled new rigorous accounting standards, and the company is still remaining competitive with its powerful Keurig brand, says Munish Malhotra, Co-Manager at Marsico Capital. “Back in 2010, 2011, Green Mountain Coffee had some major issues around accounting transparency. The stock lost almost 75% to 80% of its value in the course of 12 months. And we actually thought that there was a real opportunity to come into the name.
Moody’s Reviews Starbucks for Upgrade as Profits Improve (WSJ)
Moody’s Corporation (NYSE:MCO) Investors Service put Starbucks Corporation (NASDAQ:SBUX) on review for an upgrade, citing in part the coffee giant’s improving profits. Moody’s currently has Starbucks’ senior unsecured rating at Baa2, two notches into investment grade. The ratings firm’s review comes after Starbucks proposed a new note offering, which Moody’s believes will offer more liquidity. Along with improved earnings and cash flow, the note offering will help mitigate the company’s liability related to a legal battle with Kraft Foods Group Inc (NASDAQ:KRFT) and Mondelez International Inc (NASDAQ:MDLZ), Moody’s said.
Sodastream International Target of Unusually Large Options Trading (SODA) (DailyPolitical)
Shares of Sodastream International Ltd (NASDAQ:SODA) was the recipient of some unusual options trading on Thursday. Stock traders bought 5,532 put options on the stock, American Banking and Market News reports. This represents an increase of approximately 118% compared to the average daily volume of 2,543 put options. Several analysts have recently commented on the stock. Analysts at Longbow Research initiated coverage on shares of Sodastream International Ltd (NASDAQ:SODA) in a research note to investors on Wednesday, August 21st. They set a “buy” rating and a $79.00 price target on the stock.
Green Mountain Coffee Roasters, Inc. Joins the Sustainability Consortium (FortmillTimes)
The Sustainability Consortium (TSC) is pleased to welcome Green Mountain Coffee Roasters Inc. (NASDAQ:GMCR) as a new member. GMCR will be participating in the Food, Beverage, and Agriculture working group, as well as the Electronics and Packaging working groups. The company will also participate in the General Merchandise Committee where knowledge products for small appliances, like personal coffee makers, are made.
Starbucks Corporation : More Than 200 Million Sold: Fans Celebrate the Return of the Original Pumpkin Spice Latte at Starbucks (4-Traders)
Starbucks Corporation (NASDAQ:SBUX) today welcomes the return of the iconic Pumpkin Spice Latte (PSL), back for its 10th anniversary. Starbucks is celebrating the beloved beverage’s 10th season as a fall tradition, which fans have established as the company’s most popular seasonal beverage of all time, having purchased more than 200 million beverages since it was first introduced in 2003.
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