The Seattle-based coffee company posted fiscal third-quarter earnings of 67 cents per share on $4.14 billion in revenue.» Read More
*DuPont drops after outlook cut. NEW YORK, June 27- U.S. stocks ended modestly higher on Friday, led by technology shares, though downbeat second-quarter and full-year forecasts from DuPont Co kept a lid on gains.
Some of Friday's midday movers:
*Nike rallies after results; DuPont drops as outlook cut. Nike Inc rose 1.6 percent to $78.15 a day after its fourth-quarter earnings beat expectations. However, those gains were offset on the Dow index as DuPont, a fellow component, cut its full-year operating profit outlook, sending shares down 4.3 percent to $64.81.
*Nike rallies after results; DuPont cuts outlook, shares fall. Nike Inc rose 1.9 percent to $78.34 a day after fourth-quarter earnings beat expectations. However, those gains were offset on the Dow as DuPont, a fellow component, cut its full-year operating profit outlook, sending shares down 2.9 percent to $65.73.
PARIS, June 19- Nestle is trimming its huge range of businesses and pushing deeper into niche medical products to improve returns, but the food and beverage giant still likes its heft. But last year Nestle missed its long-term forecast for sales growth of 5 to 6 percent.
*Oil falls; Obama considers military options in Iraq. E* Trade Financial was the S&P 500' s top gainer, up 7.7 percent at $22, while Charles Schwab Corp climbed 5.5 percent to $27.30.
Some of Thursday's midday movers:
June 5- J.M. Smucker Co forecast full-year profit above estimates as sales increased in its domestic consumer food business- which includes peanut butter and cooking oils- and despite rising coffee costs. The company, which also makes Jif peanut butter and Crisco oils, forecast full-year adjusted earnings of $5.95- $6.05 per share.
June 5- J.M. Smucker Co forecast full-year earnings largely above estimates and reported a better-than-expected quarterly profit as costs fell and sales increased in its domestic food business, which makes Jif peanut butter and Crisco oils.
Stocks including Keurig Green Mountain and eBay have beaten the market during every one of the past five summers. USAToday reports.
NEW YORK, June 4- The last time U.S. coffee roaster J.M. Smucker Co raised prices, sales of brands like Folgers and Dunkin' Donuts were booming and single-serving competitors were a newly launched curiosity.
Jim Chanos of Kynikos Associates says he'll continue to bet against Caterpillar and China, as well as a few other names.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
*Cisco falls 1 percent, weighs on the Nasdaq. NEW YORK, May 13- The Dow and the S&P 500 eked out record closing highs again on Tuesday, while the Nasdaq resumed its recent slide, dragged down by shares of Cisco.
Stocks were mixed on Tuesday, with the S&P crossing 1,900 for the first time.
*Cisco falls 1 percent, weighs on the Nasdaq. Homebuilders' shares gained and the common stock of mortgage finance giants Fannie Mae and Freddie Mac jumped as Federal Housing Finance Agency Director Mel Watt laid out new policies that could make it easier for many Americans to obtain mortgages.
"Technically new highs are usually a bullish event, but we're not seeing news to really inspire people, so we're holding in here at these new highs," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.
May 13- Coca-Cola Co will raise its stake in Keurig Green Mountain Inc to 16 percent from 10 percent which will make it the largest shareholder of the maker of the popular Keurig one-cup coffee brewer. Keurig's shares closed at $110.71 on the Nasdaq on Monday. Coca-Cola's stock closed at $40.82 on the New York Stock Exchange.
May 13- Coca-Cola Co will raise its stake in Keurig Green Mountain Inc to 16 percent from 10 percent, which will make it the largest shareholder of the maker of the popular Keurig one-cup coffee brewer. "These incremental purchases demonstrate our continued belief that Keurig Green Mountain has substantial growth potential," Coke said in an emailed statement.
Coke has raised its stake in Keurig Green Mountain to 16 percent from 10 percent, making it the company's largest shareholder.