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Filed under: Stocks in the News , Food & Drink As far as java sippers go, Green Mountain Coffee Roasters ( GMCR ) is hot. This Vermont company has seen its Keurig devices become the brewer of choice among fans of premium coffee in one-cup servings. Big-name companies (like Cuisinart and Mr.
Posted by FinanceGuru in DailyFinance
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Filed under: Stocks in the News , Market News , Food & Drink Shares of P.F. Chang’s ( PFCB ) soared nearly 30% Tuesday after the restaurant chain agreed to be acquired in a $1.1 billion deal. Private equity firm Centerbridge Partners expects to tender an offer of $51.50 per share later this month
Posted by FinanceGuru in WalletPop
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Filed under: Berkshire Hathaway , Starbucks , Costco , Whole Foods , Stocks in the News , Market News When a big company gains enough momentum that its direction becomes self-sustaining, its influence can ripple through society — for better or worse. Whether it’s the environment being polluted with reckless abandon or CEOs lining their pockets at the expense of employees, shareholders, and consumers, recent headlines show plenty of evidence of capitalism at its worst.
Posted by FinanceGuru in DailyFinance
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Filed under: Investing , Google , Investing Basics , Stocks in the News Accusations flew fast and furious in the hours after Google ( GOOG ) announced its first-ever stock split. Criticizing the plan to grant existing shareholders one new Class “C” share for every Class A or B share they currently own, CNN called the plan “wacky.” Reuters accused management of trying to maintain a “grip” on the company.
Posted by FinanceGuru in WalletPop
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Filed under: Earnings , Stocks in the News The holidays may have come and gone, but Best Buy ( BBY ) is going to very publicly relive the season of shopping this week — whether it wants to or not. The electronics giant is one of the last retailers to post its quarterly results for the period that included the holiday season. Wall Street analysts are generally optimistic about Thursday’s release: They see Best Buy’s revenue climbing 6% to $17.2 billion during the fiscal fourth quarter with earnings inching 9% higher to $2.16 a share.
Posted by FinanceGuru in DailyFinance
