Keurig Green Mountain forecast first-quarter profit below analysts' estimates as the company battles increasing competition.» Read More
Check out which companies are making headlines after the bell Wednesday: FOXA, GMCR, JACK & more.
Aug 6- Keurig Green Mountain Inc, maker of the popular Keurig one-cup coffee brewers, reported a 33 percent rise in quarterly profit as more people opted for its single-serve K-cup coffee pods over traditional coffee packages.
The Seattle-based coffee company posted fiscal third-quarter earnings of 67 cents per share on $4.14 billion in revenue.
With earnings season underway, here are the S&P 500 companies over the past four quarters that have performed best and worst, following their earnings.
Some of the names on the move ahead of the open.
*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.
Stocks fell on Friday after a report on consumer confidence.
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.
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.
Stocks were mixed on Tuesday, with the S&P crossing 1,900 for the first time.
Coke has raised its stake in Keurig Green Mountain to 16 percent from 10 percent, making it the company's largest shareholder.