LONDON, Nov 10- Drought in southeastern Brazil and El Nino in Indonesia will damage 2015/ 16 robusta coffee output and could drive world prices higher if the dry weather persists, although a big Vietnamese crop will cap the upside, traders say. Benchmark ICE robusta futures hit a 2-1/ 2- month high of $1,684 a tonne on Nov. 5 on concerns over depleted supplies due to...» Read More
Shares of the coffee company are up sharply after beating Q2 expectations and announcing a deal with Starbucks, reports CNBC's Herb Greenberg.
Green Mountain announced it's extending its partnership with Starbucks and delivered earnings that topped expectations. GMCR shares jumped after-hours.
Starbucks CEO Howard Schultz and Green Mountain CEO Brian Kelley discuss their newly expanded partnership, and how it might boost shareholder value. "This is going to be a significantly lucrative financial deal for both companies," says Schultz.
Matthew DiFrisco, Lazard Capital Markets, has the play on the coffee chain's outlook, and explains why he has a buy on the stock, and $396 price target.
Starbucks hit its earnings target amid a strong increase in US same-store sales. Its outlook disappointed, however, sending shares lower after-hours.
The higher payroll tax and rising gas prices are prompting consumers to dine out less. But could tax refunds in the mail bring relief to the sector?
CNBC finds out the answer at Southeast Asia's first event dedicated to the art of your morning brew.
Starbucks said Thursday that it doesn't plan to change its offerings ahead of New York City's ban on large, sugary drinks that is scheduled to go into effect March 12.
A well-known person or historic event associated with an ordinary item can add incredible value. But how do you know if the story is true? Curtis Dowling, from CNBC's "Treasure Detectives," explains why it's important to authenticate the seller. (1:50)
Michel Cup, CFO of Douwe Egberts, says pricing pressure in Europe and issues at the Brazilian operation led to lower than expected results.
A Washington state man concocted what could be the world's most expensive Starbucks drink ever, with CNBC's Brian Sullivan.
As coffee prices fall, J.M. Smucker Co. says it will pass, reports CNBC's Jane Wells.
Macquarie says the drop in coffee prices is due to speculative trades that are long Robusta, and short Arabica. CNBC's Jane Wells offers insight.
Green Mountain reported a weak outlook, and the stock is lower. CNBC's Herb Greenberg offers insight. "This was supposed to be a blowout quarter," he says.
Dominic Schnider, Head Commodity Research, UBS Wealth Management is bearish on Brent crude as he says oil markets are well-supplied. He says that's why recent geopolitical tensions in the Middle East did not trigger a spike in oil prices.
Brace yourself for a costlier latte. Coffee leaf rust - a fungus-borne disease devastating to plantations - has returned to plague crops in Central America, a region supplying 14 percent of the world's global production.
David Palmer, UBS analyst, discusses what's driving the stock higher after reporting earnings that were essentially in line with expectations.
Starbucks reported quarterly earnings that met analysts' expectations but revenue was slightly lower than anticipated. In after-hours trading, the stock initially slipped then turned higher.
Shares of Starbucks jumped 15 percent in 2012, with CNBC's Brian Shactman. Meanwhile Paul Richards, UBS, weighs in on the Japanese yen as it falls to a 2.5-year low against the U.S. dollar.
Patrick Dempsey, also known as "McDreamy" on Grey's Anatomy, visited Tully's stores today. Dempsey's venture Global Baristas plans to stabilize the business and improve quality control.