The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Dunkin' Donuts promotional program, "DD Perks," is outpacing the early growth of Starbucks' "My Rewards," proving that the value-conscious, blue-collar buyer is more loyal then the fickle hipster, according to a Wall Street report.
The author of the report, Goldman Sachs, recommended buying Dunkin' shares as this display of loyalty should drive 2015 sales higher. The firm also said the Dunkin' K-Cup expansion to grocery stores will help drive the stock up by almost 20 percent.
"The coffee category is well-suited to loyalty programs given high-frequency purchases, and adoption has actually outpaced Starbucks in the early days (perhaps as a result of a generally more tech-savvy consumer today and/or a more value-conscious DNKN consumer), " wrote Goldman's Karen Holthouse in a note to clients Thursday.
"DD Perks," which started in the first quarter of 2014, had 2.5 million members by the end of 2014, higher than the 2 million members at the same stage following Starbucks' own program launch in 2009. Starbucks' program still has bigger sales at $12 billion versus Dunkin's $7 billion, but Goldman sees the spread closing over the years.
The Dunkin program offers a free beverage when you enroll and then five "points" for every dollar you spend that can be redeemed for another free beverage when you reach the 200 count. Starbucks' program offers a free drink after every 12th purchase, but that only comes with membership in its top level, which provides a personalized gold card that mimics the AmEx gold card status symbol.
Goldman upgraded Dunkin to "buy" from "neutral." Despite the difference in loyalty, the firm also rates Starbucks a "buy." Dunkin shares are down 9 percent over the last 12 months compared to a 32 percent gain by Starbucks.
Read More Investors calling bottom in Alibaba
Dunkin's stock does not get much loyalty from analysts as almost half of them say the stock is just a "hold," according to FactSet. The average 12-month price target among analysts is just a few dollars from where Dunkin trades today.
A week ago, Dunkin Donuts said it would start selling its K-Cups online and in retail stores instead of just in its stores. While it was able to charge more for the in-store K-Cups than what it can when selling in grocery stores, Goldman believes overall revenue from the bigger distribution will be a net benefit.
"To the extent grocery cannibalizes K-Cups sales in stores, it reduces the economics of K-Cups to approximately 2.25 percent of (in-store) sales versus 5.5 percent of sales. However, we estimate a larger revenue pie ultimately offsets the percent of sales distribution—benchmarking DNKN to SBUX we estimate DNKN (was) leaving $200-plus million of revenue in a growing market on the table."