Green Mountain Coffee Roasters shares sailed out of the ballpark Thursday with a deal to sell Starbucks brand coffee and Tazo teas for its single-cup Kuerig coffee machines starting later this year. Two weeks ago Green Mountain had made a similar deal with Dunkin Donuts, one of Starbucks' competitors, to sell its popular coffee brand in K-Cup form. read »
Remember how dicey it was to pick a bank stock in 2009, when the difference between a drowning institution and a cheap one was still anyone’s guess? Conservative investors can be forgiven if they took a pass on the sector. read »
H&R Block (HRB) said late yesterday it swung to a loss for its fiscal third quarter, but said [...]
The charts show that two grocers may soon emerge from trading ranges and head higher, offering investors who are feeling the pain at the checkout counter a little payback. Rising food prices over the past few months have been astounding, even to someone who follows commodity prices like I do. The relative performance, or RS analysis, of the food retail group suggests that the grocery stores have found a way to profit even with the higher prices. So can profits in some of the retail grocery stocks[...] read »
The U.S. trade deficit widened in January, says the Department of Commerce, to $46.3 billion from a revised $40.3 billion in December. Imports increased by $10.5 billion and exports increased $4.4 billion month to month. read »
If food is part of your investment strategy then the fertilizers are what you'll want to own. CF Industries Holdings (CF - Analyst Report) is trading at just 9.5x forward estimates even as crop prices skyrocket and farmers find themselves awash in cash. read »
The Bank of England stood pat on interest rates today, leaving its key lending rate unchanged at [...]
Amid a market beating Thursday that saw the major indexes slide more than 1.5%, the financial community also has its eye on a pair of Manhattan courtrooms where the biggest insider trading trial in years is heating up and bankruptcy D-Day is at hand for a name-brand retail chain. read »
Radio broadcaster Cumulus Media said today it has agreed to acquire Citadel Broadcasting Corporation for $37 per share in cash and stock. read »
Jo-Ann Stores reported fourth quarter results after the close of trading yesterday, with earnings of $40.4 million, or $1.53 per share, compared to $37.1 million, or $1.36 per share, in the same quarter last year. read »