All Posts Tagged With: "PEET"
(KFT) Kraft Foods Cuts Coffee Prices by 6%
Kraft Foods Inc. (KFT) has cut down the prices of its flagship coffee brand Maxwell House by roughly 6% in the US, effective immediately, driven by a decline in the prices of coffee beans.
Accordingly,...
(PEET) Peet’s Coffee & Tea Introduces Light Freddo
The coffee roaster and retailer Peet’s Coffee & Tea Inc. (PEET) has launched a new blended iced coffee beverage called – Light Freddo.
As the name says, the new Light Freddos of Peet’s...
(KFT) Kraft Minor stake Aquired by Trian Fund Management
According to the SEC filing, the billionaire investor Nelson Peltz’s hedge fund – Trian Fund Management has acquired 12.2 million shares of Kraft Foods Inc. (KFT) for $381.9 million during the first...
(SBUX) Starbucks Coffee Gets Expensive
Starbucks Corp. (SBUX) replicated many coffee retailers by increasing the price of packaged coffee to combat the record 125 per cent steep climb in Arabica coffee prices. Starbucks recently raised its prices...
(PEET) Peet’s Coffee & Tea Beats Earnings Estimate by 20%
Peet’s Coffee & Tea Inc. (PEET) reported first quarter 2011 diluted earnings per share of 41 cents, up 58% versus 2010 proforma diluted earnings per share of 26 cents. It also surpassed...
(ARO) Stock Market News for March 11, 2011 – Market News
A host of worrying events and results robbed investors of optimism to take the markets significantly lower, on Thursday as the benchmark Dow registered its worst performance in seven months. Geopolitical issues also weighed down the markets as tensions in the Middle East intensified...
(AAPL) Company News for March 03, 2011 – Corporate Summary
• According to Bloomberg, Weatherford (NYSE:WFT) filed to delay its 10-K because of weak internal controls over reporting for income taxes. The company reported errors in its tax accounting and will need to adjust previously...
(PEET) Peet’s Coffee & Tea Reports Quarterly In-Line With Estimates
Peet’s Coffee & Tea Inc. (PEET) reported fourth quarter 2010 non-GAAP net income per diluted share of 48 cents in line with the Zacks Consensus Estimate. EPS increased 71.4% sequentially and 33.3%...
(PEET) Peet’s Coffee & Tea Earnings Exceed Consensus Estimates
Peet’s Coffee & Tea Inc. (PEET) registered second-quarter earnings (excluding certain one-time items) of 31 cents a share, exceeding the Zacks Consensus Estimate of 29 cents by 6.9% and year-ago...