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Keurig Losing Buzz, Morgan Stanley Says In Downgrade
Thursday, April 11, 2019 - 12:19pm | 279The buzz around single-serve coffee like the kind you make in a Keurig machine is wearing off, according to Morgan Stanley, which downgraded Keurig Dr Pepper Inc (NYSE: KDP) Thursday. The Analyst Dara Mohsenian downgraded Keurig Dr. Pepper from Equal-weight to Underweight...
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Mixing It Up: Keurig Dr. Pepper, Anheuser-Busch Expanding K-Cup Cocktail Effort
Tuesday, March 19, 2019 - 4:31pm | 536How’s this for a mixed drink idea? Take one beer maker with sluggish sales looking to broaden its product offerings. Stir in a coffee and soda company hoping to shake things up. Add liquor. Keurig Dr. Pepper Inc (NYSE: KDP) and Anheuser Busch InBev NV (NYSE: BUD) are trying to concoct some...
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Mixed Drinks: Combined Keurig Dr Pepper Debuts On NYSE
Tuesday, July 10, 2018 - 4:13pm | 298Dr Pepper Snapple Group Inc. and Keurig Green Mountain in January announced a merger agreement to create Keurig Dr Pepper (NYSE: KDP). What Happened The combined beverage company began trading Tuesday on the New York Stock Exchange. Why It's Important The new company has a portfolio of consumer...
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Dr. Pepper Snapple Soars 30% Amid Plans To Merge With Keurig Green Mountain
Monday, January 29, 2018 - 9:15am | 392Shares of Dr Pepper Snapple Group Inc. (NYSE: DPS) soared higher by more than 35 percent Monday morning after news of the beverage company will be acquired by coffee-maker Keurig Green Mountain. What You Need To Know Dr. Pepper Snapple and Keurig Green Mountain announced plans to combine...
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This Compostable Cannabis-Infused Coffee Pod Maker Is All About Social Impact
Tuesday, August 1, 2017 - 2:36pm | 1038If you Google “weed coffee” or “cannabis coffee,” you’ll come across dozens of articles explaining how to make your own marijuana-infused drinks. In fact, Google Trends confirms there is considerable search volume around these terms and other related recipes —...
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Sell-Side Weighs In On Panera Sale: Surprises And The Lack Of Thereof
Thursday, April 6, 2017 - 12:15pm | 589Panera Bread Co (NASDAQ: PNRA) announced on Wednesday a deal to be bought by JAB for $315 per share in cash, with the total transaction value at $7.5 billion, including the assumption of $340 million of net debt. The Expected And The Surprising While Bernstein said it anticipated JAB would be...
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SodaStream Has Quietly Had A Really Nice Run
Thursday, February 16, 2017 - 9:24am | 800Sodastream International Ltd (NASDAQ: SODA) popped nearly 6 percent Wednesday after management reported fourth-quarter sales 5 percent above estimates. This marks SodaStream’s fifth consecutive positive quarter. The company has been on a 300-percent run since February 2016, when it saw long-...
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Exclusive: Sodastream CEO Talks Keurig, Beer Bar, And Strength In Europe
Friday, June 17, 2016 - 2:46pm | 799Benzinga recently had the chance to chat with Sodastream International Ltd (NASDAQ: SODA) CEO Daniel Birnbaum. The stock has rebounded over the last month, now trading around the $21.60 area. Below is a transcript of the interview. BZ: What were the global trends/themes SodaStream saw that...
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SodaStream Spikes Amid Reported Keurig Kold Discontinuation
Tuesday, June 7, 2016 - 1:36pm | 231Shares of Sodastream International Ltd (NASDAQ: SODA), the maker of a home beverage carbonation system, spiked higher on heavy volume Tuesday afternoon and hit an intra-day high of $22.36. Sodastream's gains were attributed to a series of Tweets by Beverage Digest, a news website that...
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Keurig Green Mountain Bought Out In $13 Billion Deal; Acquiring Firm Building Quite The Coffee Portfolio
Monday, December 7, 2015 - 9:55am | 482Shares of Keurig Green Mountain Inc (NASDAQ: GMCR) lost more than 60 percent over the past year and traded as high as $141.69 over the past 52 weeks. Keurig confirmed on Monday it will be acquired by an investor group led by JAB Holding Company. JAB Holding Company is a private company...
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How Much Worse Can It Get At Keurig Green Mountain? Wedbush Cuts Price Target
Thursday, October 1, 2015 - 8:12am | 408Shares of Keurig Green Mountain Inc (NASDAQ: GMCR) have lost around 60 percent year-to-date. Phil Terpolilli of Wedbush explored Keurig's long-term scenario for its hot platform. Terpolilli maintained a Neutral rating with a price target lowered to $60 from a previous $67. Keurig...
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Does Keurig Green Mountain's Crash Make It A Value Play? Three Analysts Discuss
Thursday, August 6, 2015 - 10:43am | 598Shares of Keurig Green Mountain Inc (NASDAQ: GMCR) plunged nearly 30 percent Thursday morning following a difficult quarterly print and disappointing guidance. The question Keurig shareholders are now asking is if the crash in the stock offers a "value" play opportunity. Stifel:...
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Morgan Stanley Highlights Keurig Green Mountain's Third Straight Quarter Of Negative Revisions, Downgrades To Equal-Weight
Thursday, August 6, 2015 - 7:54am | 318In a report published Thursday, Morgan Stanley analyst Matthew Grainger downgraded shares of Keurig Green Mountain Inc (NASDAQ: GMCR) to Equal-weight from Overweight with a price target slashed to $60 from a previous $110 following an in-line third-quarter print and what the analyst described as...
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Here Are Wedbush's 'Long-Term Concerns' About Keurig Green Mountain
Thursday, July 30, 2015 - 3:20pm | 343Keurig Green Mountain Inc (NASDAQ: GMCR) is scheduled to announce its third-quarter financial results after the market closes next Wednesday. Wedbush analysts Phil Terpolilli and Dominic Ruccella previewed the results, concluding that near-term trends look promising, but long-term concerns are...
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Dow Suffers Largest Daily Decline Since July, S&P 500 At 8-Week Lows On Global Growth Concerns
Tuesday, October 7, 2014 - 4:52pm | 2340U.S. stocks tumbled with the three major indices each shedding more than 1.5 percent as global economic growth concerns surfaced. The IMF lowered its global growth forecast for 2014 to 3.3 percent from a previous 3.4 percent. The agency also lowered its 2015 global growth projections to 3.8...