Keurig Green Mountain forecast first-quarter profit below analysts' estimates as the company battles increasing competition.» Read More
*Intel shares up after upbeat outlook. NEW YORK, Nov 20- The Dow and S&P 500 finished at record highs on Thursday as data showed further strength in the U.S. economy and Intel gave an upbeat forecast. Boosting all three major indexes, Intel shares jumped 4.7 percent to $35.95, hitting their highest level since January 2002, after its 2015 revenue outlook was above Wall...
KBS Fashion Group fell 18.7 percent to $6.10. Datawatch Corp. fell 16.7 percent to $9.16. Cyanotech Corp. fell 11.5 percent to $6.25.
*Best Buy jumps after earnings beat; Keurig tumbles. *GoPro falls after pricing follow-on shares at discount. Growth in the economy and earnings should bode well for stocks heading into next year, said Margaret Patel, senior portfolio manager at Wells Capital Management.
*Best Buy jumps after earnings beat; Keurig tumbles. *GoPro falls after pricing follow-on shares at discount. The Philly Fed area "isn't a hub of industrial activity any more but it's still important and it's strong," said Kim Forrest, senior equity research analyst at Fort Pitt Capital Group.
Discouraging economic data out of Europe and China stoked worries of a global economic slowdown and sent stocks lower in early trading. "Housing was good, leading indicators were good, manufacturing was good," said Doug Cote, chief market strategist at Voya Investment Management. Traders also drew encouragement from retailers including Best Buy, Dollar Tree...
Nov 19- Keurig Green Mountain Inc forecast first-quarter profit below analysts' estimates as the company battles increasing competition from coffee pod makers and rising coffee prices. Keurig Green Mountain has tried to expand beyond its core business of single-serve coffee packets, as it grapples with competition from smaller rivals such as TreeHouse...
Nov 19- Keurig Green Mountain Inc reported an 11 percent jump in quarterly profit, largely helped by higher sales of its K-Cup coffee portion packs. The maker of the K-Cup single-serve coffee pod said net income attributable to Keurig rose to $141.1 million, or 86 cents per share, in its fiscal fourth quarter ended Sept. 27 from $127 million, or 83 cents per share, a...
WATERBURY, Vt.— Keurig Green Mountain Inc. on Wednesday reported profit of $141.1 million in its fiscal fourth quarter. For the current quarter ending in December, Keurig Green Mountain expects its per-share earnings to range from 83 cents to 88 cents. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.
The last time the Fed released minutes, the market had its biggest rally of the year—but watchers doubt it will be a hawkish tone this time around.
Jim Cramer gives his gameplan of the hot stocks to watch for next week. He thinks one stock could trigger some Alibaba action
These stocks are the leaders of the current Nasdaq 100, helping drive the index's value, reports USA Today.
Greenlight Capital founder David Einhorn is tweaking his bets after losing money in a "frustrating" third quarter.
Jim Cramer takes a deep dive into the earnings release for Coca-Cola, and has had enough of the excuses from Muhtar Kent.
Oct 21- Coca-Cola Co on Tuesday announced new cost-cutting measures and a timeline for selling its bottling operations after its quarterly profit slumped 14 percent and the world's largest beverage maker struggles to find growth amid a soft market for soda. Coke also said that it was targeting $3 billion in cost savings by 2019, up from its announcement in...
*IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stocks were mixed on Monday, as the S&P 500 and Nasdaq advanced, but the Dow fell as quarterly results from IBM disappointed. IBM shares slumped 6.7 percent to $169.84 as the biggest drag on both the Dow and S&P 500 after the company's third-quarter earnings fell well short of Wall Street expectations.
Traders might want to watch stocks like Facebook or Staples that historically have big pops and drops following their earnings reports.
NEW YORK/ JAYAQUE, El Salvador, Oct 10- Deer now roam and weeds flourish on deserted farmland in El Salvador where Julio Portillo used to grow arabica coffee beans until a devastating leaf rust fungus forced him to abandon coffee this year for the first time in more than two decades. Even when he struggled through low prices or bad weather in the past, the farmer who...
The market is experiencing its most volatile period in five months, and there are few safe harbors amid the sell-off.
Some of Tuesday's midday movers:
Club Coffee is seeking $600 million in damages and said Keurig was spreading "baseless and disparaging lies" about competitors' coffee pods to mislead consumers and coerce third parties into exclusive agreements. Club Coffee said it made coffee pods for Keurig brewers and sold them at lower prices than Keurig's own K-Cup packs.